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Meta Platforms:News: Difference between revisions
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https://finance.yahoo.com/news/meta-agrees-pay-725-million-062807166.html | https://finance.yahoo.com/news/meta-agrees-pay-725-million-062807166.html | ||
=== SI=-(2-3%), I=9, December 19 === | === Meta to continue spending 20% on reality labs, SI=-(2-3%), I=9, December 19 === | ||
A social media post by Meta's CTO Andrew Bosworth indicate that the company will continue spending 20% of its total cost and expenses in reality labs in 2023. His post said:<blockquote>"As also reflected in our Q3 results, about 80% of Meta’s overall investments support the core business, with the other 20% going toward Reality Labs. It’s a level of investment we believe makes sense for a company committed to staying at the leading edge of one of the most competitive and innovative industries on earth."</blockquote>His post was dedicated at showcasing the benefits of AR and VR devices. | A social media post by Meta's CTO Andrew Bosworth indicate that the company will continue spending 20% of its total cost and expenses in reality labs in 2023. His post said:<blockquote>"As also reflected in our Q3 results, about 80% of Meta’s overall investments support the core business, with the other 20% going toward Reality Labs. It’s a level of investment we believe makes sense for a company committed to staying at the leading edge of one of the most competitive and innovative industries on earth."</blockquote>His post was dedicated at showcasing the benefits of AR and VR devices. | ||