Meta’s Virtual Reality Division Lost $10.2 Billion in 2021

Metas Virtual Reality Division Lost 10.2 Billion in 2021 1600x840 G3Bq4f

Meta, the parent company of Facebook and Instagram, released its fourth-quarter 2021 earnings this week and subsequently revealed that its virtual reality (VR) and augmented reality (AR) division lost $10.2 billion dollars last year.

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