Virtual Reality Becomes Next Battleground for Social-Media Companies

Feb 15, 2023, 08:00 AM

ByteDance, the parent company of TikTok, is rapidly growing its share of the global market for virtual-reality headsets. That puts it squarely in competition with Facebook parent Meta. The two are already battling for social-media users and ad dollars. WSJ tech reporter Meghan Bobrowsky joins host Zoe Thomas to discuss why ByteDance’s rise poses such a threat to Meta.

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ByteDance, the parent company of TikTok, is rapidly growing its share of the global market for virtual-reality headsets. That puts it squarely in competition with Facebook parent Meta. The two are already battling for social-media users and ad dollars. WSJ tech reporter Meghan Bobrowsky joins host Zoe Thomas to discuss why ByteDance’s rise poses such a threat to Meta.

Learn more about your ad choices. Visit megaphone.fm/adchoices