“In Q1 alone, Meta’s Metaverse/Reality Labs operated at a loss of $2.96 billion, and last year, Reality Labs lost over $10 billion.”
The iPhone didn’t even cost $3B to build, let alone $13B…
F&@k the Metaverse!
techcrunch.com
Meta says its metaverse biz lost another $3B
At least Facebook's daily active users are up, according to Meta's first quarter results.
