Thursday, October 27, 2022
Meta's Metaverse-Linked Division Posts Losses Close to $3.7 Billion in Q3 2022
Facebook’s parent company Meta reported that its metaverse division Reality Labs lost $3.7 billion (roughly Rs. 30,476 crore) in the third quarter of this year, bringing its accumulated losses in 2022 to $9.4 billion (roughly Rs. 77,386 crore), according to its third-quarter financial report on Wednesday.
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