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Fb Father or mother Meta Loses $2.8B on Metaverse Division in Q2

Ella Mai by Ella Mai
February 7, 2023
in Business
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Fb Father or mother Meta Loses $2.8B on Metaverse Division in Q2
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Meta Platforms (FB) posted a second-quarter lack of $2.81 billion in its Fb Actuality Labs (FRL) division, which contains its augmented and digital actuality operations, in keeping with its earnings report launched Wednesday. That was down barely from its lack of $2.96 billion within the first quarter and higher than analyst estimates for a lack of $3.67 billion for the division for the quarter, in keeping with FactSet.

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