The company also announced that Disney Plus lost 1.3 million subscribers post-price hike
Reality Labs is costing Meta a lot of cash
Meta's VR division lost $3.7 billion last quarter, bringing total losses to almost $40 billion since 2020
The metaverse division's quarterly revenue was its lowest on record
Dogg as "The Dungeon Master" is not cool, it's cringe
Watch Tampa Bay and Los Angeles duke it out in MLB's first regular-season game in its "Virtual Ballpark"
It's a digital 'watch party,' and everyone is invited
"I do think that this is the direction that the world is going in," said Zuckerberg
Meta's Reality Labs lost $3.99 billion last quarter, bringing its total losses since 2020 to $30 billion
Do people even care about the metaverse anymore (or to begin with)?
Sweeney highlights the need for standards in building blocks and programming languages
Remember when companies were excited about the metaverse?
Another blow for the struggling Horizon Worlds app
No more feature updates, security patches stop next year
Should Meta be concerned?
Encodec utilizes AI for extreme efficiency and bandwidth saving
Zuckerberg's personal fortune is down $76.8 billion over the same period
A disaster or a $13 trillion success? Only time will tell
Keynote includes a deep dive on Meta VR development progress
Zeroes and ones were promised to be the future, a digital media has taken over, but in some situations customers are returning to analog experiences in search of something more tangible.
Reality Labs lost $10.2 billion in 2021, but this year could be worse
HTC's mid-range on-ramp to the metaverse ships this summer
But it's for a good cause