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Reality Labs
Mark Zuckerberg Still Believes In Metaverse Plans Despite Loss Of $13.7 Billion In 2022
Key Points: Despite operating losses for its Reality Labs division reaching its height in 2022,
Feb
Meta’s Metaverse Division May Have A Cumulative Loss Of $13.8 Billion In 2022
Key Points: Meta will announce its financial report for the fourth quarter and full year
Feb
Meta Continues Investing 20% Of Metaverse Cost In 2023
Facebook parent company Meta Platforms Inc. continues to invest in the metaverse area despite questions
Dec
Mark Zuckerberg Continues To Be Optimistic About The Metaverse
Meta CEO Mark Zuckerberg remains hopeful about the company’s Metaverse plans despite the disappointments it
Dec
Meta Cuts Off 13% Of The Company’s Total Workforce
Mark Zuckerberg, CEO of Meta Platforms, said that the firm would eliminate more than 11,000
Nov
Meta Intended to Fire Employees After Failures Of Business Strategy
The Wall Street Journal reports that Meta plans to let off thousands of staff in
Nov
Meta’s Metaverse Segment Experienced A $2.8 Billion Loss In Q2 2022
Meta Metaverse reported losses of $2.8 billion for its metaverse-focused division, Reality Labs, as the firm missed
Jul
Zuckerberg Thinks Meta’s $2.8 Billion Loss In Q2 Is Normal
The virtual reality (VR) and metaverse division of Meta Reality Labs recorded a loss of
Jul
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