
Mark Zuckerberg’s Meta, the company formerly known as Facebook, continues to invest heavily in his Metaverse vision, even as its Reality Labs division reports significant financial losses, including an astounding $3.8 billion loss in the first quarter of 2024. Quartz reports that in 2021, when Mark Zuckerberg rebranded Facebook as Meta, he made bold promises about the potential of the Metaverse, a virtual reality where people could interact, work, and socialize in ways that transcend physical boundaries. However, nearly three years later, the company’s Metaverse has yet to materialize, leading...