Why Meta Wants Microsoft's Help in Virtual Reality - The Motley Fool

2 years ago 44

By Travis Hoium – Oct 26, 2022 astatine 2:18PM

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Meta is spending billions connected the metaverse, but its biggest announcement whitethorn person been a concern with Microsoft.

Meta Platforms (META -5.24%) amazed the satellite erstwhile it announced a concern with Microsoft (MSFT -6.02%) successful VR. But the concern makes a batch of consciousness for some companies.

Why is Microsoft present the amended banal to bargain for the metaverse? Travis Hoium explains successful the video below.

*Stock prices utilized were end-of-day prices of Oct. 20, 2022. The video was published connected Oct. 26, 2022.

Randi Zuckerberg, a erstwhile manager of marketplace improvement and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is simply a subordinate of The Motley Fool's committee of directors. Travis Hoium has nary presumption successful immoderate of the stocks mentioned. The Motley Fool has positions successful and recommends Meta Platforms, Inc. and Microsoft. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and whitethorn beryllium compensated for promoting its services. If you take to subscribe through their link they volition gain immoderate other wealth that supports their channel. Their opinions stay their ain and are unaffected by The Motley Fool.