2 stories tagged with #metaverse, in publish-time order across the WeSearch catalog. Tag pages update as new stories ingest.
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Meta wants to spend more even after it lost $80 billion on the Metaverse and over 20 million users
Meta increased its capital spending by $10 billion because it “continued to underestimate,” its compute needs, said its CFO.…
CNBC — TECH
Meta’s Reality Labs lost over $4 billion in first quarter
In Meta's first-quarter earnings report, the company said Reality Labs recorded an operating loss of over $4 billion while bringing in $402 million in sales.…