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Meta’s Reality Labs posts $2.9B loss: ‘I recognize it’s expensive,’ says Zuck

Meta’s Reality Labs division posted a $2.9 billion loss in Wednesday’s Q1 earnings call, but Zuckerberg remains optimistic about future profitability from the Metaverse.

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Meta’s Reality Labs posts $2.9B loss: ‘I recognize it’s expensive,’ says Zuck

Meta’s Reality Labs division posted a $2.9 billion loss in Wednesday’s Q1 earnings call, but Zuckerberg remains optimistic about future profitability from the Metaverse.

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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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