Fri, Oct 27th, 2023 - 3:48pm
February 02, 2023 - 6:00pm | By Kyle Cornell
(Menlo Park, CA) -- Meta's virtual reality technologies and projects are costing investors a boatload of money.
In its earnings report after the bell on Wednesday, the company formerly known as Facebook said its Reality Labs division posted a fourth-quarter operating loss of four-point-28 billion dollars.
The loss for all of 2022 totaled more than 13-point-seven billion dollars.
