According to multiple media reports, Bytedance will buy Pico...

According to multiple media reports, Bytedance will buy Pico for 5 billion yuan to officially join VR.

On July 29, Zuckerberg announced on an earnings call that Facebook would transform itself into a Metaverse company within five years, pulling people from various business units to help implement it. $Meta Platforms (FB.US)$

The two giants are now worth close to 10 trillion yuan, a big bet on the future of the universe. $Metaverse (LIST2567.US)$ $Roundhill Ball Metaverse ETF (META.US)$