Sources: Tencent cuts its 300-strong metaverse unit and drops VR hardware plans due to trouble achieving quick profitability and the need for a big investment (Josh Ye/Reuters) #GeekLeap


Josh Ye / Reuters:

Sources: Tencent cuts its 300-strong metaverse unit and drops VR {hardware} plans resulting from bother attaining fast profitability and the necessity for an enormous funding  —  Tencent Holdings (0700.HK) is abandoning plans to enterprise into digital actuality {hardware}, as a sobering financial outlook prompts …

#Sources #Tencent #cuts #300strong #metaverse #unit #drops #{hardware} #plans #due #bother #attaining #fast #profitability #large #funding #Josh #YeReuters
#geekleap #geekleapnews

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