Meta’s $10B Loss in Metaverse Business Sending Ripple Effect Across Sectors

Feb 4, 2022

Metaverse-related tokens took a hit in the past two days as Meta (formerly Facebook) reported a $10 billion loss on its augmented and virtual reality (VR) division in an earnings release earlier this week. How does the setback in Meta’s metaverse strategy impact the market perception of other digital worlds? “The Hash” panel weighs in.