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They made Augmented Reality and Virtual Reality. But in no reality is the Metaverse a success.
ARTICLES:
Meta Labs Lost 80B so Far: https://www.cnbc.com/2026/04/29/metas-reality-labs-lost-over-4-billion-in-first-quarter.html
Meta Lost 20M Users Last Quarter: https://www.theverge.com/tech/921089/meta-earnings-q1-2026-user-decline-ai-investments
Meta Paying Millions for AI Talent: https://www.theguardian.com/us-news/2025/jun/28/mark-zuckerberg-ai-list
Liquid Glass Guy Now Works at Meta: https://gizmodo.com/alan-dye-leaving-apple-for-meta-liquid-glass-visionos-2000695284
Meta Fires 10% of Staff: https://www.bbc.com/news/articles/crm1y89vek8o
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