FINTECHTV Editorial Team
Today in News By The Numbers, we feature Meta losses of $3.67 billion in the third quarter. Despite this, CEO Mark Zuckerberg is doubling down on the Metaverse and warning of more losses to come. He told investors to expect the money-losing to "grow significantly." Even before the mounting losses were announced one investor called Zuckerberg's Metaverse gamble "super-sized and terrifying."
Reality Labs, A Division Of Meta, Is Losing Money
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