Meta shuts down its Metaverse, wasting $65 billion. Horizon Worlds will be completely removed from the Quest headset on June 15th. In 2021, Zuckerberg renamed Facebook Meta, going all-in on the Metaverse and betting over $65 billion on the "next-generation internet." However, Horizon Worlds was heavily criticized from its launch—the virtual avatars were crude, the user experience was poor, and monthly active users never reached hundreds of thousands, far behind social platforms with billions. Five years of burning money, ending in a mess. Now, with the VR version shut down and only a lightweight mobile experience remaining, Meta is fully shifting towards AI and AR, marking the end of this Metaverse gamble. $ETH {spot}(ETHUSDT)