Monday, October 25, 2021

Facebook invests billions in metaverse efforts as ad business slows

Facebook Inc said it will start publishing the financial results of its augmented and virtual reality labs as a separate unit, where it is investing billions in its ambitions to build the "metaverse" and as it reported that its main advertising business faces "significant uncertainty."

from Gadgets Now https://ift.tt/3EbeSmw

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