Meta is still flinging the equivalent of a small country’s annual GDP down the Reality Labs money pit each and every quarter

Meta’s second quarter earnings are in, reporting revenue of $60.80 billion. That’s another record-breaking year-on-year increase of about 28%, though shares are reportedly down by about 10%. Funny, that. Now, time to take a look at how the company’s famous money-hole, its VR and AR division, Reality Labs, is doing while I take a big…
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