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We start with the overarching matter of “The Metaverse.” What is it? Why does it take multiple tens of billions of dollars in R&D for Meta Platforms? Find out.
In the third quarter, Meta was buffeted by a widespread ad-spending downturn, posting a 4 per cent year-over-year revenue loss, while missing Wall Street estimates on the bottom line as significant metaverse investments continued to eat into earnings, reported Variety.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Get latest articles and stories on Tech at LatestLY. Meta has reported a year-over revenue loss of over 4 per cent. As the Q3 report came out, Meta reported losses and the company has even projected loss for the next quarter. Tech News | Facebook Parent Company Meta Sees 4 Per Cent Sales Dip.
META will be tradeable. On that, there is no doubt. Is the stock investable? We'll see....META