Worlds Inc. (WDDD)
OTCQB OTCQB Primary Summary
Meta backtracks on decision to end Horizon Worlds VR after fans speak up
Meta is now keeping Horizon Worlds available on its virtual reality headsets, after announcing a day earlier that it would be shut down. Meta CTO Andrew Bosworth said on Instagram on Wednesday that existing games will remain available "for the foerseeable future.
Meta is shutting down VR social platform Horizon Worlds in further pivot away from the metaverse
Meta is shutting down Horizon Worlds, the company's virtual reality social network, on June 15. The platform, originally designed for Quest VR headsets, will still be available on a mobile app.
Meta Sets June 15 Deadline to Separate Quest and Horizon Worlds Platforms
Meta Quest virtual reality (VR) headsets will no longer be able to access the Horizon Worlds app, and Horizon Worlds will no longer be available in VR, after June 15.
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Worlds Inc. Profile
| Software Industry | Information Technology Sector | Leonard Toboroff CEO | OTCQB Exchange | 98159J200 CUSIP |
| US Country | 1 Employees | - Last Dividend | 15 Feb 2018 Last Split | 10 Aug 1998 IPO Date |
Overview
Worlds Inc., originally known as Worlds.com Inc. before its rebranding in February 2011, is a pioneering company based in Brookline, Massachusetts, dedicated to the creation and development of interactive three-dimensional (3D) technology for the Internet. The company specializes in designing software, content, and related technologies aimed at transforming online spaces into immersive 3D environments. These advancements are utilized across a variety of applications, including but not limited to, virtual meeting spaces, 3D e-commerce platforms, and digital learning environments, marking a significant leap in how digital spaces are experienced and interacted with.
Products and Services
WorldsShaper: A comprehensive 3D compositing tool designed for building complex interactive environments. This tool allows both the integration of pre-existing content and the creation of custom materials, thereby enabling users to construct unique and immersive 3D web spaces.
WorldsServer: This scalable software solution is specifically engineered to manage and facilitate the operation of online virtual communities. Its design emphasizes reliability and scalability, ensuring smooth and uninterrupted experiences for users participating in 3D spaces.
WorldsBrowser: A dedicated browser that provides access to the 3D environments crafted using Worlds Inc.'s technology. It is custom-built to navigate and interact with these immersive spaces, showcasing the depth and interactivity of the created worlds.
WorldsPlayer: An interactive viewer that allows users to experience the multi-user 3D environments created with Worlds Inc.'s technology. This player is key to engaging with the dynamic content and participating in the virtual communities hosted on the platform.
Worlds Gamma Libraries: A collection of assets and resources including sample worlds, textures, models, avatars, actions, sensors, sounds, and motion sequences. These libraries provide the fundamental building blocks for creating and populating rich, interactive 3D spaces, allowing for the customization and detailed design of virtual environments.
