Zuckerberg’s empire collapses

Mark Zuckerberg is in a lot of trouble. He has turned away from the slog of running Facebook to focus almost entirely on his ‘metaverse’, a vision of the internet where people enter interactive virtual spaces using virtual reality (VR) headsets. He has pledged investment of at least $10 billion a year for a decade, and investors have been told that profits will be lower for the next decade as a result.