Well done. Facebook (sorry, "Meta"): "Reality Labs has now lost more than $45 billion since the end of 2020, when Meta first began reporting the business segment separately."

Yes, billion with a B.

That's an insane amount of money. I don't even want to go into the whole "think how many hospitals could have been funded with that money".

cnbc.com/2024/04/24/metas-real…

On the upside, they are consistent in their idiocy and i was wrong to say they'd quietly stopped investing in it. Nope, still going.

Meta's Reality Labs posts $3.85 billion loss in first quarter

Mark Zuckerberg's bet on the metaverse continues to be a money-bleeding endeavor, with the unit reporting billions of dollars in losses every quarter.

^{Alex Koller (CNBC)}