Facebook’s parent company, Meta, made a lot of money in its last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means that since June 2022, the metaverse-focused division has lost a billion dollars per month, and Meta expects to continue losing…
![](https://i.kinja-img.com/image/upload/c_fit,q_80,w_636/15a0d1b1ea76993bba4556e1861e3c1e.jpg)