Facebook CEO Zuckerberg's Metaverse Investment Results in Multi-Billion Dollar Losses

Facebook CEO Zuckerberg's Metaverse Investment Results in Multi-Billion Dollar Losses

BHIVENewsMark Zuckerberg's ambitious venture into the Metaverse is proving costly. Meta Platforms Inc., formerly Facebook Inc., stated that their Reality Labs division lost over $10 billion in 2021. Nevertheless, the company remains committed to its grand vision of building a virtual reality world, though skeptics are concerned about slow sales of the Oculus Quest 2 and a lack of profitable business models. The Metaverse gamble isn't showing profitable returns yet, with its advertising and hardware divisions seeing declines. #Metaverse #VirtualReality #FinancialLoss 🌐💰📉

En Español: La ambiciosa incursión de Mark Zuckerberg en el Metaverso está resultando costosa. Meta Platforms Inc., anteriormente Facebook Inc., declaró que su división Reality Labs perdió más de 10 mil millones de dólares en 2021. Sin embargo, la compañía sigue comprometida con su gran visión de construir un mundo de realidad virtual, aunque los escépticos están preocupados por las lentas ventas de Oculus. Quest 2 y falta de modelos de negocio rentables. La apuesta del Metaverso aún no muestra retornos rentables, y sus divisiones de publicidad y hardware están experimentando caídas. #Metaverso #RealidadVirtual #PérdidaFinanciera 🌐💰📉
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