Bloomberg Law
Sept. 21, 2022, 9:34 AM

Facebook, Beware. The Metaverse Is Flat: Parmy Olson (Correct)

Parmy Olson

In a few weeks’ time, Mark Zuckerberg will announce a new virtual reality headset from Meta Platforms Inc. Embarrassingly, we already know what it will look like. A video of the purported device has been doing the rounds online after someone found one in a hotel room. Yet none of that should matter because whizzy VR headsets are becoming too much of a distraction, and aren’t that integral to the early growth of the so-called metaverse, a 3D version of the internet that many see as its next chapter. It turns out flat screens are doing the job just fine.

While Facebook has sold ...