Facebook’s Latest Financial Results Show It Has Lost Nearly $20 Billion To VR Since 2020

A metaverse filled with digital worlds and avatars might be coming someday, but it won’t be cheap. Facebook parent company Meta has released its financial results for the first quarter of 2022 and it shows that this year alone, the company’s virtual reality-focused department has lost $2.96 billion so far. This…

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from Kotaku https://ift.tt/OetE2kB
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