Meta CEO Zuckerberg steadfast on metaverse plans despite $13.7B setback By Cointelegraph
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Meta founder and CEO Mark Zuckerberg says the company has no plans to change its long-term strategy for the Metaverse, despite operating losses for its Reality Labs business peaking in 2022.
Meta’s Q4 earnings released on Feb. 1 show Reality Labs lost $13.7 billion in 2022 — the largest ever yearly losses recorded for its metaverse-building division.
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Meta founder and CEO Mark Zuckerberg says the company has no plans to change its long-term strategy for the Metaverse, despite operating losses for its Reality Labs business peaking in 2022.
Meta’s Q4 earnings released on Feb. 1 show Reality Labs lost $13.7 billion in 2022 — the largest ever yearly losses recorded for its metaverse-building division.
Continue Reading on Coin Telegraph
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