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Cryptopolitan 2023-05-01 21:23:35

Is Meta’s Metaverse project losing billions? New SEC filing raises questions

Tech giant Meta, formerly known as Facebook, has submitted a filing to the United States Securities and Exchange Commission (SEC) for new debt shelf offerings. This move comes shortly after the company’s latest earnings report revealed a nearly $4 billion loss from its metaverse unit. This loss follows a deficit of $14 billion over the … Is Meta’s Metaverse project losing billions? New SEC filing raises questions Read More »

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