Facebook bets everything on Metaverse

Let's hope it will be a spectacular failure

Meta has canceled the Facebook F8 developer conference. Where the event did not take place physically in recent years due to the pandemic, Meta now gives the focus on the metaverse as a reason. Connect, formerly Oculus Connect, is expected to launch later this year.

Meta talks about “pausing F8” in the announcement, which could mean that F8 will return again as a developer conference in the coming years.

“We do not want to hold an F8 in 2022, as we prepare for new initiatives related to the next chapter of the internet, and also to the next chapter of our company: building the metaverse,” the company said.

On May 19, The New Conversations event will take place. That focuses on chat applications and is aimed at Facebook’s business customers. Connect will be back later this year. That event, formerly called Oculus Connect, will take Meta to make announcements related to virtual reality and augmented reality.

Meta has been holding its F8 conference since 2007, but it did not go on every year. In 2012 and 2013 it also did not continue, while F8 were online events for the past two years due to the pandemic. Meta resorted to F8 in the past to make announcements about its platforms. Facebook has recently redesigned Facebook and its dating function.

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