Reality Labs, Facebook's metaverse business, continued to struggle in the first three months







However, Zuckerberg thinks the loss is part of the plan. "While focusing on the biggest opportunity and challenge ahead, I think it's important that Meta needs to build a new foundation for the next era of social technology," the US billionaire said at the meeting today. 28/4.
Reality Labs introduced Horizon Worlds - the virtual world that Zuckerberg sees as central to his metaverse strategy - in December of last year. However, the platform has yet to contribute anything to revenue.