Meta posted a lack of practically $4 billion on its metaversion unit with Actuality Labs within the first quarter for the Mark Zuckerberg-led social media empire, which posted a backside line revenue of $5.7 billion.
Though the $4 billion loss adopted a $14 billion loss in 2022, Zuckerberg defined Actuality Labs is more likely to put up extra losses for the remainder of 2023, the earnings report stated.
Proceed studying Coin Telegraph.
