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Facebook Parent Meta Loses $2.8B on Metaverse Division in Q2
CoinDesk via Yahoo Finance· 2 years agoMeta Platforms (FB) posted a second-quarter loss of $2.81 billion in its Facebook Reality Labs (FRL)...
Facebook Parent Meta Misses Revenue Estimates for Metaverse Division in Q3, Expects Losses to Grow...
CoinDesk via Yahoo Finance· 2 years agoMeta Platforms (FB) reported third-quarter revenue of just $285 million in its Facebook Reality Labs...
Facebook Parent Meta’s Metaverse Division Lost $13.7B in 2022
CoinDesk via Yahoo Finance· 1 year agoMeta Platforms (META) continued to lose massive amounts of money in its fledgling Facebook Reality...
Meta Says It Still Believes in Metaverse—Stock Is Down 64% Since Name Change
Decrypt Media via Yahoo Finance· 1 year agoWhile 2022 has been a tough year for the tech industry, Meta has had an especially rough run. Its...
Who Does Meta Give Political Donations To?
GOBankingRates via Yahoo Finance· 2 years agoCalifornia-based Meta, its owners, employees, and affiliates -- including Oculus, Facebook Reality Labs and Instagram -- have given $1.57 million in...
Meta's latest VR headset prototypes will help it pass the 'Visual Turing test'
TechCrunch· 2 years agoMeta wants to make it clear it's not giving up on high-end VR experiences yet. The goal, according...
Meta Remains Committed to the Metaverse Despite $13.7B Loss in 2022, Mark Zuckerberg Says
CoinDesk via Yahoo Finance· 9 months agoThe pivot to the metaverse has cost Meta billions of dollars, but the company’s founder and CEO Mark...
Dabbling In The Metaverse: Will It Pay Off For Meta Stock?
Investor's Business Daily· 7 months agoMeta stock has come roaring back. But can Facebook's parent company convince investors that the...
BlackRock Starts Metaverse-Themed ETF Despite Waning Investor Interest
CoinDesk via Yahoo Finance· 1 year agoInvestment giant BlackRock (BLK) is offering an exchange-traded fund (ETF) that will focus primarily...
Meta’s Zuckerberg goes to court to defend his company’s VR deal
Politico via Yahoo News· 1 year agoSAN JOSE, CALIF — Meta CEO Mark Zuckerberg squared off against the federal government in a...