[HN Gopher] Meta's Reality Labs lost $3.99B last year, bringing ...
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Meta's Reality Labs lost $3.99B last year, bringing total losses to
$30B
Author : CharlesW
Score : 10 points
Date : 2023-04-27 22:10 UTC (50 minutes ago)
(HTM) web link (www.techspot.com)
(TXT) w3m dump (www.techspot.com)
| GreedClarifies wrote:
| I'm failing to see how the stock market is taking this as a
| signal that Meta will no longer pour money down the VR hole.
|
| We live in a weird world!
| emschwartz wrote:
| I don't know whether it's the medium or the current offerings but
| I was gifted an Oculus, played with it for under a week, and
| haven't gone back to it. Maybe VR will be a thing in the future
| but somehow I'm not seeing it now.
|
| Anyone else in a similar boat? Or have a theory why it's less
| compelling than a traditional gaming console?
| tristanb wrote:
| I enjoy watching Meta burn their future away on this nonsense.
| skizm wrote:
| Quarter, not year.
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