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Meta's Reality Labs has now lost $40 billion, yet the company just had its best quarter since 2021

Meta's Reality Labs, the division behind the company's metaverse ambitions, among other things, lost $13.7 billion across the second quarter of 2023, generating just $276 million in revenue. The company said it expects Reality Labs to lose even more in 2023 than it did last year, when it hemorrhaged more... Read Entire Article
https://www.techspot.com/news/99565-meta-reality-labs-has-now-lost-40-billion.html?utm_source=dlvr.it&utm_medium=blogger

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