Mark Zuckerberg's $50 Billion Blunder
Mark Zuckerberg has spent nearly a decade and $50 billion building virtual reality and metaverse technologies. But the revenue Meta Platforms (NASDAQ: META) generates from Reality Labs is dwarfed by the company's losses.
In this video, Travis Hoium shows just how staggering the losses are and why it may be time to move on from the metaverse.
*Stock prices used were end-of-day prices of Nov. 28, 2023. The video was published on Nov. 29, 2023.
Source Fool.com
Meta Platforms Inc. Stock
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