The plan was that users could select a 3D environment and an avatar for themselves then, rather than perch on a kitchen table or grab the first hot-desking spot, immerse themselves therein. While neat, there was also a clear overlap with Teams, which also had the option to join an immersive space (if enabled) or participate in a custom immersive space in Mesh itself, so was there really a need for a separate standalone service? The answer appears to be no.
From 2012 to 2024, Meta's revenue and earnings per share ( EPS) grew at a CAGR of 34% and 91%, respectively. At the end of 2012, the company served 1.06 billion monthly active users on Facebook. But by the second quarter of 2025, it served 3.48 billion daily active people across all of its apps. It also holds a near-duopoly in digital ads with Alphabet's Google across many markets, and it's established an early-mover advantage in the mixed reality market with its Reality Labs devices.
Samsung is finally about to reveal more details about its Project Moohan mixed reality headset. The company just announced a new "Worlds Wide Open" Galaxy event that will take place on October 21st at 10PM ET, where it's promising to reveal details about the device. The headset will run on Android XR, a new mixed reality platform developed by Samsung, Google, and Qualcomm.