Facebook Expects Metaverse Project Will Cost At Least $10 Billion—In 2021 Alone

The push into augmented- and virtual-reality tech is an expensive gambit by the company to win back young users.

Facebook parent Meta cuts 11,000 jobs, 13% of workforce – The Denver Post

Meta Reality Labs reports $10 billion loss

Expert Guide To Entering The Metaverse

The Future of the Metaverse, Imagining the Internet

Facebook Expects Metaverse Project Will Cost At Least $10 Billion—In 2021 Alone

Facebook Launches $10 Million Maker Fund For Re-Branded Horizon Worlds

Facebook not only loses money on the quest, but on their entire VR platform, showing how hard it is to compete. And we now have firmer numbers on how much. $10 Billion Dollars lost in the last five quarters. : r/virtualreality

Meta's Andrew Bosworth on moving Facebook to the metaverse - The Verge

Oculus founder who sold his VR startup to Mark Zuckerberg slams Meta's Horizon Worlds

Blog - What is the Metaverse of Mark Zuckerberg and what does it mean for digital assets?

The societal impact of the metaverse

Facebook is Meta now - How it will impact data privacy regulation laws