this post was submitted on 22 Aug 2026
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[–] ZkhqrD5o@lemmy.world 22 points 4 days ago (7 children)

The metaverse must have been a money laundering scheme, there is no way in hell an unreleased product like that cost 80 billion.

[–] craftrabbit@lemmy.zip 15 points 4 days ago (4 children)

I think they actually released that. It's almost even sadder that they released it and absolutely nobody cared.

[–] Raiderkev@lemmy.world 6 points 4 days ago (1 children)

Not only that, they renamed the whole company Meta because that was what they wanted to be known for. Now it is just named after a dead product.

[–] black0ut@pawb.social 5 points 4 days ago (1 children)

Tbf, they renamed it to try to get away from the bad press they got after the Facebook Files scandal. They thought renaming the company would make people forget, or something.

At that time they were all in on the metaverse, so of course they had to name it Meta. I guess that's another bad decision from zucc added to the collection.

What I really don't understand is why they haven't changed it again, either back to Facebook or to something new. Now Meta always reminds me of both the metaverse failure and trying to weasel out of the Facebook Files fallout.

[–] MonkeMischief@lemmy.today 1 points 1 day ago

"Meta" like "all that metadata" they're harvesting, manipulating, selling! Perfect, IMO! :D

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