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Metaverse losses top $3.6B for Meta with spending set to increase

The tech giant is just over $500 million away from topping its more than $10 billion metaverse department losses in 2021, but it said its spending will only grow next year.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Metaverse losses top $3.6B for Meta with spending set to increase

The tech giant is just over $500 million away from topping its more than $10 billion metaverse department losses in 2021, but it said its spending will only grow next year.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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