Zuckerberg unfazed about $2.8B metaverse division loss in Q2 - Cointelegraph

Meta’s Reality Labs has posted its seventh quarter of operating losses. However, CEO Mark Zuckerberg seems unconcerned, acknowledging it is an “expensive undertaking” that will “unlock hundreds of billions of dollars.”

Metas virtual reality (VR) and metaverse division Reality Labs has posted its seventh straight quarter of losses, but CEO Mark Zuckerberg remains steadfast in investing in the technology, which he ca… [+2790 chars]

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