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Facebook burns $3 billion on VR in just a few months

picture: Kotaku/ShutterStock/Kevin Dietsch (Getty Images) A metaverse full of digital worlds and avatars might come one day, but it won’t come cheap. Facebook parent company Meta has released its financial results for the first quarter of 2022, showing that the company’s for this year alone virtual reality-focused division has lost $2.96 billion so far. This ...