The loss of Reality Labs, the metaverse unit of Meta, the parent company of popular social media platforms such as Facebook and Instagram, approached 10 billion dollars. CEO Mark Zuckerberg told investors he believes those who are patient will be rewarded.
Meta CEO Mark Zuckerberg, the head of the company’s work in the metaverse space of Reality Labs in the third quarter $3.7 billion, for a total of $9.7 billion In a statement after declaring damages, Reality Labs’ vision more than meets the eye stated that. Meta by description after 2023 of Reality Labs signs of recovery waiting for it to show.
Zuckerberg said recently economic hardships, various user privacy procedures and subsequent legal processes However, the company has problems in many areas due to believe they can be overcome told.
The company’s augmented reality and metaverse technologies about his insistence on this investment an important foundation for the future Stating that he thinks that he is in the metaverse sector, Zuckerberg they will make history expressed. The CEO said he knew not everyone would support this decision, but believes that those who are patient will be rewarded expressed.
Microsoft, Accenture and Zoom with strategic partnership Announcing the company, its main purpose is to create virtual reality and metaverse. in many fields other than entertainment declared to be usable. In this context, Meta has recently introduced a VR headset, Quest Pro VR announced. CEO Zuckerberg both hardware and software companies that develop more innovative that’s why they can that they want to operate in both fields stated.