Meta says its metaverse biz lost another $3B… but the 2030s will be ‘exciting’
TechCrunch VR
APRIL 27, 2022
As CEO Mark Zuckerberg explained, the revenue from these apps is helping to fund Meta’s projects in virtual reality, which he is betting will become the company’s crown jewel in the future. In Q1 alone, Meta’s Reality Labs operated at a loss of $2.96 billion, and last year, Reality Labs lost over $10 billion. and Europe.
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