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Meta will hold its Connect 2022 TODAY: Zuckerberg is expected to announce a new VR headset and soothe concerns over his metaverse , 52 wk low

 
Coastie Patriot

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10/11/2022 12:41 PM

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Meta will hold its Connect 2022 TODAY: Zuckerberg is expected to announce a new VR headset and soothe concerns over his metaverse , 52 wk low
Meta is hosting its annual Connect conference today at 1pm ET

Rumors suggest viewers will see a new Oculus VR headset that will be used in Meta's metaverse

Others speculate CEO Mark Zuckerberg could share more details about his metaverse that has been plagued with bugs, harassment and privacy concerns


Meta revealed its metaverse to the world during Connect 2021 and as the firm gears up for its 2022 conference, its virtual world is still shrouded in mystery, plagued by bugs and harassment and the flagship app, Horizon Worlds, is 'barely' used by the company's employees.

CEO Mark Zuckerberg is expected to unveil a new virtual reality (VR) headset and features for his metaverse today at 1pm ET, but many are tuning in to see how he plans on turning the digital money pit into a online sanctuary where people 'work, live and play.'

The new launch of a VR headset, speculated to be called Quest Pro, suggests that even though Meta reported a $2.8 billion loss on its metaverse project, it has not completely thrown in the towel on developing and launching it to the masses - even though Meta's stocks have hit a new 52-week low.


However, only 16 percent of consumers said they understand the metaverse and 87 percent are concerned about their privacy if Meta succeeds in creating the digital world, which means Zuckerberg needs to double down on winning the public over before he can expect to get 'around a billion people in the metaverse.'


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Coastie Patriot
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