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Mark Zuckerberg is clear that the metaverso it is the future. And the bill for the work that the construction of the new virtual world requires continues to skyrocket. According to Meta’s quarterly report, shared this Wednesday by the technology company, the losses of the company’s Virtual Reality division -in charge of the mission- reached $2.96 billion. This, added to the slowdown in the advertising business on social networks, has caused that, according to ‘The Verge’, the executive has informed investors that “it will slow down the pace of some investments.”
The benefits of Meta, who is in control of WhatsApp, Facebook e Instagramwere $7.5 billion during the first quarter, down 21% from exactly a year ago.
Total revenue increased 7%, reaching 27.9 billion. The number of users on its social networks is also growing, specifically 6% compared to 2021. After losing Internet users for the first time in its history, Facebook is once again gaining use, albeit timidly, going from the 1,930 million Internet users of the previous quarter at 1,960 of the current one.
Despite the expenses required by the metaverse, the company is still clear that the future of the Internet, and of the company, lies in the construction and democratization of the new virtual world. That in which, as Zuckerberg explained last October, the user will be able to work, travel, meet friends and play sports thanks to the use of a viewer of Virtual reality.
Another very different thing is that Internet users, when the time comes, are willing to massively adopt a technology that has been threatening to emerge for more than a decade without having succeeded to date. In addition, the technology company is not expected to see its efforts rewarded in the form of profits in the medium term.
new glasses in sight
While the metaverse continues to drag losses, Meta is working to get Horizon Worlds – its platform designed for users to interact and play in VR – to have a web version. Something that will probably increase the number of users using the platform.
The company is also preparing to launch a new high-end Mixed Reality headset, currently called Project Cambria. Everything indicates that the new glasses, which, for sure, will be more expensive than the current ones Quest 2are presented before the end of 2022. Everything indicates that Apple, a technology company that has also shared that it is interested in building the metaverse and is investing accordingly, has its first glasses ready that, in principle, should also arrive before the end the present year.
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