Meta lost $13.7 billion on Reality Labs in 2022 as Zuckerberg’s metaverse bet gets pricier

TL;DR

Mark Zuckerberg's dream of a future in the metaverse is costing investors a boatload of money. ""Beyond 2023, we expect to pace Reality Labs investments such that we can achieve our goal of growing overall company operating income in the long run," Meta said at the time. Global Business and Financial News, Stock Quotes, and Market Data and Analysis

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