Meta loses billions of dollars in quest to lead AR-VR market
New Delhi: As Meta (formerly Facebook) continues to bet big on gaming, it has lost close to $4 billion on its augmented reality/virtual reality (AR-VR) division. The Mark Zuckerberg-run company showed continued losses in its AR/VR Reality Labs division in its latest quarterly results. The company is losing money at a rate of more than … Read more
