TechCrunch Industry News Meta decides not to shut down Horizon Worlds on VR after all; CISA urges companies to secure Microsoft Intune systems
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Mar 20, 2026 Meta reverses course and keeps Horizon Worlds on Quest VR after nearly shutting it down. The company’s huge Reality Labs losses and sinking VR hardware demand are examined. CISA warns firms to lock down Microsoft Intune after attackers exploited remote device management to wipe systems. A pro-Iran group claims the hack and the FBI moves to disrupt their site.
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Meta Reverses Horizon Worlds VR Shutdown
- Meta reversed a decision and will keep Horizon Worlds available on Quest VR after initially announcing a VR shutdown.
- Andrew Bosworth confirmed the reversal via Instagram Stories Q&A after community pushback and Meta affirmed it on forums.
Reality Labs Losses Pushed Mobile Focus
- Reality Labs has become a massive cash sink, losing $73 billion since 2021 and prompting Meta to reprioritize product focus.
- Bosworth said Horizon shifted to mobile for better product-market fit and the team was duplicating work for VR and mobile.
VR Hardware Demand Is Declining Industrywide
- Hardware VR demand is weakening across the industry, undermining the original metaverse vision.
- Quest headset sales fell 16% year-over-year and Apple cut Vision Pro production due to low demand.