@moneyshark are you of the opinion that $META's investments, R & D into VR were too heavy?
I would have to agree with @investmenttalk here as it's more so a collective of online communication, commerce, etc. They seem to have their eggs in many baskets even if the VR and AR are a little heavy.
@moneyshark The name change was symbolic. Mark doesn't view the metaverse as a "VR or AR thing", but a collective of online communication, commerce, etc. So it makes sense, to me. They could have named themselves that 2 years ago.