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Ten years ago, Mark Zuckerberg acquired Oculus VR for over $2 billion, leading to Meta's ongoing struggles in the VR/AR space with significant losses. Analysts had predicted the acquisition would appear cheap in the future, but Meta is currently losing about $4 billion quarterly in the VR/AR division.
Oculus To Meta: 10 Years Of Mark Zuckerberg's Quest For VR - @UploadVR https://t.co/eoQBVjSNKb #VirtualReality #Meta #Facebook #Oculus
10 Years Ago This Month, one analyst said the $2 billion Facebook paid for Oculus would appear cheap in the future. And it does look cheap, but only if you consider Facebook/Meta is losing about $4 billion on its VR/AR division every quarter. https://t.co/xhfUihBzYn
Oculus To Meta: 10 Years Of Mark Zuckerberg's Quest For VR https://t.co/k2Tc05yUTx #VR #meta
