The top 10 companies investing billions in the Metaverse
VC Cafe
AUGUST 2, 2022
The company’s decision to increase the price of the two year old Quest 2 by $100 (citing rising costs) and a weak performance in Q2 2022 are showing the growing pains of this transition: Facebook dropped in revenue for the first time , and Reality Labs brought in $452 million in revenue over the quarter. but still lost $2.8
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