Facebook, renamed Meta is committed to developing Meta Reality Labs, despite the fact it lost 9.4 billion.  Mark Zuckerberg signaled he is completely dedicated to creating the virtual world (software and hardware) where we can all work and play but it’s not built yet.  He explained there will be years ahead of losses and that’s to be expected and is dedicated to the Meta verse, regardless. Meta is also trying to catch up to TikToc with “Reels” but that will take some time.  The stock is at an all time low, but ad revenue is down and expenses are up.  The jury is till out on this stock.