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Big Tech earnings breakdown w/TechCrunch's Alex Wilhelm | E1731
This Week in Startups
The Future of Reality Labs
The company had net income of 5.7 billion, which is a lot of money. They're spending on the metaverse stuff is still incredibly high. The operating loss on reality labs was just around 4 billion in the quarter. That's huge. I think it's going to be hard to slow it down.
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