Mark Zuckerberg’s Metaverse bid proved costly for the company amidst a persistent bear market as Reality Labs lost $13.7 billion in 2022. According to Meta’s earnings release, the company’s metaverse ...
Tag: 13.7B
Reality Labs Cost Meta $13.7B in 2022, Company Marches On
According to financial reports, Meta’s Reality Labs division experienced a total loss of $13.7 billion in 2022. The company will continue to focus on the metaverse. Meta CEO Mark Zuckerberg continues ...