Meta, Tencent in Talks to Sell Quest Headsets in China
XR Today - Mixed Reality tag
FEBRUARY 22, 2023
It had hired 300 employees, but later shifted its company strategy back to the gaming industry. The latter backed out of the deal, citing Tencent’s strategy shift and national regulations on metaverse solutions. A further anonymous source added Tencenct’s metaverse unit also failed to create sufficient games and use cases.
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