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Mark Zuckerberg’s bet on the metaverse is off to an expensive start
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Mark Zuckerberg’s bet on the metaverse is off to an expensive start
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3rd February 2022, 09:42
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 153,575
 |  Mark Zuckerberg’s bet on the metaverse is off to an expensive start Mark Zuckerberg’s metaverse pivot is off to slow start. The company now known as Meta lost just over $10 billion on its Reality Labs division in 2021, according to its fourth-quarter earnings report. “This fully realized vision is still a ways off,” Zuckerberg said of Meta’s metaverse investments. “And although the direction is clear, our path ahead is not yet perfectly defined.” Zuckerberg said the company planned to launch a new "high-end" VR headset as well as a mobile version of its Horizon VR experience. https://www.engadget.com/facebook-me...1.html?src=rss |
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