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Facebook Parent Meta’s Metaverse Division Lost $13.7B in 2022

The social media giant reported losing $4.3 billion in the division in the fourth quarter of 2022 on revenues of $727 million.

Updated May 9, 2023, 4:07 a.m. Published Feb 1, 2023, 9:22 p.m.
Meta CEO Mark Zuckerberg (Shutterstock)
Meta CEO Mark Zuckerberg (Shutterstock)