Facebook Expects Metaverse Project Will Cost At Least $10 Billion—In 2021 Alone
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The push into augmented- and virtual-reality tech is an expensive gambit by the company to win back young users.
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The Future of the Metaverse, Imagining the Internet
Facebook Q3: 17% profit growth amid PR black eye from leaked documents - Silicon Valley Business Journal
Most Americans Still Like Facebook, Poll Finds—But Not Mark Zuckerberg Or Its New Meta Name
Meta Raises the Prices of Its Quest VR Headsets by $100
For Facebook, It's Metaverse Or Bust - by Alex Kantrowitz
Facebook not only loses money on the quest, but on their entire VR platform, showing how hard it is to compete. And we now have firmer numbers on how much. $10 Billion Dollars lost in the last five quarters. : r/virtualreality
Facebook's Reality Labs lost $3B in Q1, but Zuckerberg says metaverse is the future - CoinGeek
Facebook is spending billions to buy up the metaverse - Vox
Facebook's new business plan: Locate more young people in the metaverse - CBS News
Since becoming Meta, Facebook's parent company has lost US$650 billion in market value - National
Essential Metaverse Statistics in 2023 • ZipDo
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