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In this short video, we discuss the recent news of Microsoft and Disney pulling the plug on their respective metaverse projects. Despite much hype and anticipation surrounding the concept of the metaverse, it seems that these two corporate giants have realized that they cannot make the business model profitable.
The metaverse, a virtual world where users can interact with one another and engage in various activities, has been a hot topic in the tech industry for years. However, it appears that the challenges of scaling such a project while making it financially viable have proven insurmountable for Microsoft and Disney.
#Valuetainment #TheBizDoc #TomEllsworth #Metaverse #Microsoft #Disney #BusinessModels #ScalingUp #ProfitabilityConcerns #TechIndustry #VirtualWorlds #Entrepreneurship #CorporateStrategy
