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Meta lost .7 billion on Reality Labs in 2022 as Zuckerberg’s metaverse bet gets pricier
Finance

Meta lost $13.7 billion on Reality Labs in 2022 as Zuckerberg’s metaverse bet gets pricier

February 1, 2023 admin-dominor



In its first full year as a separate business, Meta's Reality Labs unit racked up costs, closing with a $13.7 billion operating loss in the fourth quarter.



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  • The Biden administration says Apple and Google’s app stores are stifling competition
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