Meta’s Metaverse Obsession Has Led The Firm To Encounter Losses Worth Billions Of Dollars

Meta revealed losses worth $3.7 billion in its latest Q3 report Despite the plugging metrics and expenses, Meta’s CEO Mark Zuckerberg says he’s positive that the firm will “emerge stronger than ever in 2023.” Meta has till now reported $15 billion worth of losses in trying to establish itself as a leading metaversal hub. Meta’s recent Q3 report has made shocking revelations, disclosing a loss of nearly $3.7 billion. The losses are generally tied to its latest metaversal pursuits, which […]