The XR Week Peek (2021.07.05): Facebook to have $6B of losses for the VR business, investments in XR are on the rise, and more!
The Ghost Howls
JULY 5, 2021
In fact, Mr. Mahaney reports that due to the huge expenses for R&D, deals with game studios, and hardware sold at loss, “ [Facebook] will generate between $5.4 and also why the $2+B investment in Magic Leap was not enough to bring it to success. District Court for the District of Columbia has dismissed both cases.
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