Zuckerberg’s Metaverse Takes $4 Billion Loss

In its first-quarter earnings report on Wednesday, Meta revealed that Zuckerberg's Metaverse has taken a $4 billion loss.

Meta CEO Mark Zuckerberg keeps racking up losses from his metaverse investments while downsizing his social media company through cost cuts.

In its first-quarter earnings report on Wednesday, Meta said its Reality Labs unit, which is tasked with building the virtual reality and augmented reality technologies for the futuristic metaverse, recorded a $3.99 billion operat...

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