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Published 1 year ago

Meta Calls 2023 a 'Year of Efficiency;' Anticipates More Losses in Its Metaverse Division – Metaverse Bitcoin News

Summary by Ground News
Meta, the social company that owns Facebook, Instagram, and Whatsapp, reported mild positive results for Q4 2022. The company received revenues of $32.17 billion, higher than the $31.53 billion estimated. CEO Mark Zuckerberg declared 2023 a Year of Efficiency, hinting at a further restructuration of the company to focus on its AI and metaverse projects.

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