Facebook has suffered a major setback

In the 1992 novel “Snow Crash”, author Neil Stephenson coined a word to describe the place where human incarnations interact with each other.

The term “metawares” has become a part of the dictionary since that time, as the concept moves away from the realm of science fiction into everyday life.

An expensive change

The company formerly known as Facebook (FB) – Meta Platforms Inc. Get a Class A report It went so far as to change its name to meta in October, as CEO Mark Zuckerberg described the metaverse as the “next frontier”.

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