In Depth: Tencent, ByteDance Gut Metaverse Units in Virtual Reality Check

They said it was the future of the internet – but for staff at China’s internet majors it’s been a case of last in, first to leave

They said it was the future of the internet.

Just months ago, China’s big tech firms were talking up the potential of their shiny new “metaverse” units, which were set to cash in on an online revolution.

This latest attempt to wed virtual reality (VR) with things like shopping and social media was going to make holograms ubiquitous, spell the end of the office and reshape whole industries…………

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