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Meta’s Reality Labs metaverse division loses $13bn in 2022

Over the past year tech giant Meta has struggled to launch its metaverse project - Reality Labs - off the ground, with its division...

Meta’s Reality Labs records $3.7bn loss in Q3 results

Reality Labs, Meta’s virtual reality and metaverse branch, has recorded $3.7bn loss in its Q3 2022 results, accumulating a total of $9.4bn in losses...

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