Will Zuckerberg succeed in outmaneuvering Apple with the purchase of Oculus 10 years ago? - Road to VR
10 Years Ago Zuckerberg Bought Oculus to Outmaneuver Apple, Will He Succeed?
A decade ago, Mark Zuckerberg made a bold decision to invest $2 billion in the virtual reality (VR) startup Oculus, believing that XR (extended reality) was the future of computing. He aimed to outplay Apple and Google, who had control over major mobile platforms and posed a strategic advantage. Zuckerberg's goal was to establish Meta (formerly Facebook) as a major player in XR before his competitors. In 2021, Meta rebranded itself, reflecting Zuckerberg's continued belief in the future of XR and the 'metaverse.' Now, Apple has entered the XR landscape, challenging Meta's foothold in the industry. It remains to be seen who will come out on top. For the full story, visit the source at Road to VR.
Source: https://www.roadtovr.com/zuckerberg-bought-oculus-10-years-ago-to-outmaneuver-apple-will-he-succeed/