Facebook Inc. said on Monday it will start publishing the financial results of its augmented and virtual reality labs as a separate unit, where it is investing billions in its ambitions to build the “metaverse” and as it reported that its main advertising business faces “significant uncertainty.” Facebook, which reported third-quarter profit up 17 percent,…
Facebook Invests Billions in Metaverse Efforts as Ad Business Slows
October 26, 2021
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