Thanks to Metaverse - Facebook loses almost $ 3 billion

Mark Zuckerburg's dream of a Metaverse cost him almost three billion dollars in the last financial quarter. This emerges from the latest financial report of the company Meta . This reports, among other things, about the reality LABS division, which in the Metacosmos represents the responsible department for virtual reality and the legendary metaverse. In the first financial quarter, this division was burned $ 2.96 billion **.

• Facebook and "Meta"
• the future of the metaverse

At the same time, there was "only" income of $ 695 million. The trend is by no means new. In 2021 it had already been made $ 10.2 billion. Accordingly, the current quarterly figures are not a particularly big surprise. Nevertheless, the Meta company does not move towards bankruptcy. Despite the reality labs, a win of over $ 25 billion was achieved in the last quarter. **

Facebook and "Meta"

Metaverse is one of the most controversial topics of the game landscape. Mark Zuckerberg's idea of a practically all-encompassing parallel world in virtual reality forms with great skepticism and aversion. Nevertheless, you are apparently still convinced of the concept. After all, the entire company from Facebook to Meta did not name until last year. The share price suffered immensely from this decision. The social media platform also lost users for the first time last February.

the future of the metaverse

Furthermore, the question arises to what extent this investment will ever be worthwhile for Meta. At least at least it does not look as if the entire society suddenly feels the desire for a parallel virtual reality world created by Mike Zuckerberg. Accordingly, we could report on the astronomical sums that are currently flowing into the project for a time.

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