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Facebook Suffers a Big Setback

·5 min read
Facebook Suffers a Big Setback

In 1992 novel "Snow Crash", author Neal Stephenson coined a term to describe a place where human avatars interact with each other. The company formerly known as Facebook went so far as to change its name in October to Meta as Chief Executive Mark Zuckerberg described the metaverse as "the next frontier." The metaverse has been defined as a network of 3D virtual worlds focused on social connection, but Meta has been running into some significant obstacles on the road to that next frontier.