• Marketplace
  • Resources
  • Business Directory
  • Events
  • Advertise
  • Brand Pulse
  • Publish a Press Release
  • Get the Newsletter
  • Contact
  • About Us
The FUTURE OF WORK® since 2003
Allwork.Space
No Result
View All Result
Subscribe
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
No Result
View All Result
Subscribe
Allwork.Space
No Result
View All Result
Advertisements
Kube Suite - TL
Home News Tech

Meta’s Fourth Quarter Report To Offer Insight Into Its Metaverse Efforts

This week, Meta will unveil its fourth quarter report that will provide analysts and investors a look into how the firm’s rebranding may be impacting its finances.

Aayat AlibyAayat Ali
January 31, 2022
in Tech
Reading Time: 2 mins read
A A
Meta’s Fourth Quarter Report To Offer Insight Into Its Metaverse Efforts

More stories for you

Microsoft Warns AI Can’t Cure “The Infinite Workday” Without Systemic Workplace Change

Microsoft Warns AI Can’t Cure “The Infinite Workday” Without Systemic Workplace Change

5 hours ago
Texas Instruments Announces $60 Billion Manufacturing Investment, Plans To Create 60,000 Jobs

Texas Instruments Announces $60 Billion Manufacturing Investment, Plans To Create 60,000 Jobs

6 hours ago
Microsoft's New Vocabulary Is Rewriting The Future Of Work

Microsoft’s New Vocabulary Is Rewriting The Future Of Work

3 days ago
How To Manage The Data Security Risks Of Shadow AI Without Slowing Your Team Down

How To Manage The Data Security Risks Of Shadow AI Without Slowing Your Team Down

4 days ago

Meta will reveal its fourth-quarter results this week, allowing investors insight into how the company’s rebranding and commitment to the metaverse has impacted its finances. 

As part of this quarterly report, Meta will reveal the results of its augmented and virtual reality hardware unit Reality Labs for the first time. Previously, the company stated that this investment could cause a massive hindrance to its 2021 profit and did not expect it to be profitable in the near future. 

Advertisements
Maximize Flexible Space Revenue

“It’s going to be huge for me as an analyst, not having to surgically dig through Facebook earnings … and just see a lens into the Reality Labs,” said Stephanie Llamas, VR market analyst at VoxPop.  

In the company’s efforts to build out the metaverse, it has ramped up hiring efforts for engineers and purchased virtual reality gaming studios that it is betting will play a significant role in the next iteration of the mobile internet. 

Advertisements
Yardi Kube automates flex and coworking operations

Meta has already indicated that its non-advertising revenue will be down year-over-year, particularly compared to the impressive launch of Its VR Quest 2 headsets. 

However, investors will likely have the company’s core digital advertising business in mind when viewing the quarterly report following the company stating it faced “significant uncertainty” during the fourth quarter. 

Meta has yet to lay out how it will be able to milk revenue from the metaverse, but the tech giant is confident in this move. Last November, the company described potential avenues to make money, such as giving brands more opportunities to participate in this digital universe through digital shops to running VR events. 

Tags: MarketingTechnology
Share5Tweet3Share1
Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

Other Stories Recommended For You

Microsoft Warns AI Can’t Cure “The Infinite Workday” Without Systemic Workplace Change
News

Microsoft Warns AI Can’t Cure “The Infinite Workday” Without Systemic Workplace Change

byFeatured Insights
5 hours ago

Back in April, Microsoft published some research about the modern workday, drawn from data it gathers anonymously about the use...

Read more
Texas Instruments Announces $60 Billion Manufacturing Investment, Plans To Create 60,000 Jobs

Texas Instruments Announces $60 Billion Manufacturing Investment, Plans To Create 60,000 Jobs

6 hours ago
Microsoft's New Vocabulary Is Rewriting The Future Of Work

Microsoft’s New Vocabulary Is Rewriting The Future Of Work

3 days ago
How To Manage The Data Security Risks Of Shadow AI Without Slowing Your Team Down

How To Manage The Data Security Risks Of Shadow AI Without Slowing Your Team Down

4 days ago
Advertisements
Workspaces Run Better On UltraSoftBIS
Advertisements
Nexudus - Tech Stack Lovers

Unlock your competitive edge in tomorrow's workplace.

Join a community of forward-thinking professionals who get exclusive access to the latest news, trends, and innovations that are shaping the future of work.

©2024 Allwork.Space News Corporation. All Rights Reserved.

Exploring the Future Of Work® since 2003.

Advertise   Newsletters   Privacy Policy   Terms Of Use   About Us   Contact   Submit a Press Release   Brand Pulse   Podcast   Events   

No Result
View All Result
  • Home
  • Latest News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Podcast
  • Events
  • About Us
  • Solutions
    • Advertise | Media Kit
    • Publish a Press Release
    • Brand Pulse
Subscribe

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00