ZUCKERBERG’S METAVERSE TO LOSE ‘SIGNIFICANT’ MONEY IN NEAR TERM

Mark Zuckerberg says he plans to invest heavily in his company's metaverse ambitions. Metaverse, an immersive digital world, will eventually make money from a creator economy, he says. Zuckerberg: It will mean losing ‘significant’ amounts of money on the project in the next three to five years. The Meta Platforms Inc. chief executive officer said he was responding to a question about return on investment at company's annual shareholder meeting.
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