{"id":9500,"date":"2022-04-28T22:40:00","date_gmt":"2022-04-28T21:40:00","guid":{"rendered":"https:\/\/www.xtremeservers.com\/blog\/facebooks-latest-financial-results-show-it-has-lost-nearly-20-billion-to-vr-since-2020\/"},"modified":"2022-04-28T22:40:00","modified_gmt":"2022-04-28T21:40:00","slug":"facebooks-latest-financial-results-show-it-has-lost-nearly-20-billion-to-vr-since-2020","status":"publish","type":"post","link":"https:\/\/www.xtremeservers.com\/blog\/facebooks-latest-financial-results-show-it-has-lost-nearly-20-billion-to-vr-since-2020\/","title":{"rendered":"Facebook\u2019s Latest Financial Results Show It Has Lost Nearly $20 Billion To VR Since 2020"},"content":{"rendered":"<div>\n<p>A metaverse filled with digital worlds and avatars might be coming someday, but it won\u2019t be cheap. Facebook parent company Meta has released its financial results for the first quarter of 2022 and it shows that this year alone, the company\u2019s <a href=\"https:\/\/kotaku.com\/the-best-pc-virtual-reality-games-1783284845\">virtual reality<\/a>-focused department has lost $2.96 billion so far. This\u2026<\/p>\n<p><a href=\"https:\/\/kotaku.com\/facebook-meta-vr-zuckerberg-billions-losses-reality-lab-1848856515\">Read more&#8230;<\/a><\/p>\n<\/div>\n<p>Source &#8211; kotaku.com<\/p>\n<p>All content and images belong to their respected owners. This article is aggregated for informational purposes only with full credit to the source.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A metaverse filled with digital worlds and avatars might be coming someday, but it won\u2019t be cheap. Facebook parent company Meta has released its financial results for the first quarter of 2022 and it shows that this year alone, the company\u2019s virtual reality-focused department has lost $2.96 billion so far. This\u2026 Read more&#8230; Source &#8211;<\/p>\n","protected":false},"author":2,"featured_media":9501,"comment_status":"registered_only","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,6],"tags":[1303,2538,3547],"class_list":["post-9500","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-releases","category-pc","tag-digital","tag-filled","tag-metaverse"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Facebook\u2019s Latest Financial Results Show It Has Lost Nearly $20 Billion To VR Since 2020 | Xtreme Servers<\/title>\n<meta name=\"description\" content=\"View Facebook\u2019s Latest Financial Results Show It Has Lost Nearly $20 Billion To VR Since 2020 for free, here on XtremeServers. Discover more great articles on our site. 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