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Tuesday, September 27, 2022

Mark Zuckerberg Not Worried About Loss

Mark Zuckerberg is one of the biggest names in the world. He is the owner of Facebook and ranks among one of the richest people in the world. He has recently launched Metaverse which he thinks has the potential to change the world. Initially, most people were very much interested and excited about the world of virtual reality. However, as the days are going by, the excitement around Meta seems to be fading away. This has been reflected in the crypto prices of the company as well.

The metaverse division Reality Labs has recently made public some figures that are not at all exciting for the company. They have stated that Meta has incurred yet another loss in the recent quarter. The earnings of Meta have not been impressive from the beginning of the year at all. The prices have continued to slump down during the course of time and it has been the same old story in the second quarter as well. The recently released stats portrayed that the company has lost a whopping $2.8 billion recently. However, all these downward curves do not seem to bother Mark Zuckerberg. Let us learn more about the story in detail below. 

Mark Zuckerberg Optimistic About Meta 

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Mark Zuckerberg has expressed his optimism regarding the recent downfall in the prices of Meta. He has said that the loss was indeed an unfortunate piece of news. However, Mark is very much optimistic about the future possibilities of the company. Zuckerberg said that he was sure that Meta would bounce back. 

Mark Zuckerberg also said that the recent crypto market has been in an unfortunate state. Lately, most of the companies have suffered significant losses. Even the bigger companies like Bitcoin and Ethereum have been pained to see their prices go down significantly. It remains to be seen what happens next. 

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