Meta's Money Pit: Metaverse Bet Bleeds Billions

Mark Zuckerberg may be certain that the future of his company lies in the metaverse, but to the uninitiated/skeptics among us, it continues to look like a giant money pit. In the first nine months of 2023, the company’s Reality Labs division, i.e. its forays into AR, VR and metaverse-related…

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