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META (Facebook) metaverse division lost $13.7 billion in 2022. | Bitcoin & Crypto Trading

META (Facebook) metaverse division lost $13.7 billion in 2022.

In the first year of the separation of various entities, the Metaverse decision of Mark Zuckerberg’s Meta lost $13.7 billion in 2022.

Revealed in CNBC’s assessment of the company’s earnings report on Wednesday, the Reality Labs division of Meta posted a massive $4.28 billion operating loss in the fourth quarter alone.

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