Shulou(Shulou.com)11/24 Report--

Beijing, Dec. 1 (Xinhua) Facebook founder Mark Zuckerberg (Mark Zuckerberg) is facing growing opposition due to the huge amount of money spent on meta-universe business. However, he argued on Wednesday that the company's bet on meta-universe was "not most of the work we are doing".

Zuckerberg said on Wednesday: "about 80 per cent of our investment, and a little more, is in the core business and the advertising business associated with it, which we call the app family, including Facebook, Instagram and WhatsApp Messenger. Then, less than 20% of the investment goes to reality labs. So, for quite a long time, most of the things we still have to do and will continue to do are moving towards social media until the meta-universe gets bigger. "

Since Zuckerberg unexpectedly announced last year that Facebook would be renamed Meta, the company has invested heavily in meta-cosmic technology. Since the beginning of last year, its reality Lab division, which is in charge of meta-cosmic operations, has lost nearly $20 billion (141.6 billion yuan). The loss is increasing and there is no end in sight. Some investors worry that Zuckerberg has lost his focus on the company's core social media business in exchange for a long-term project that could take years to make a financial return.

"you can debate whether 20% is too much for this bet, but that's not most of the work we're doing." Zuckerberg said. He also broke down spending on reality labs, with 40 per cent on VR investment and about half on long-term projects: "ordinary glasses that can display holographic images in the world."

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