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Roses are red, Meta is blue, Reality Labs lost $4.5 billion during Q2 (www.gamedeveloper.com)

submitted 3 months ago by simple@lemm.ee to c/technology@lemmy.world

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What the hell are they even spending all this money on when they don't have much to show for it?

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[-] MudMan@fedia.io 46 points 3 months ago

For context, Meta reported 40 billion in revenue during that period, with 24Bn in expenses and made 13bn for the period. All those numbers are up from the same period last year.

So I'm gonna go with "probably, yeah".

this post was submitted on 01 Aug 2024

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