Coinspeaker
Meta’s Reality Labs Reports $3.85B Loss in Q1 2024, META Stock Tumbles 19%
Facebook’s parent company Meta’s move into the Metaverse is still weighing heavy on the company’s pockets as its Reality Labs unit recorded a staggering $3.85 billion in operating losses for Q1 2024. This comes as Meta Platforms Inc (NASDAQ: META) has also been facing increasing competition…

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