【Meta's Metaverse Division Reports $4.4 Billion Loss in Q3, Cumulative Loss Exceeds $58 Billion】According to Golden Finance, the latest financial report from American tech giant Meta shows that its metaverse business continues to lose billions of dollars each quarter. Meta announced its Q3 earnings on Wednesday, stating that its Reality Labs division, which develops augmented reality and virtual reality technologies, incurred an operating loss of $4.43 billion. This loss was slightly lower than analysts' expectations of $4.68 billion. Reality Labs' Q3 revenue grew by 29% year-over-year to $270 million, below analysts' expectations of $310.4 million. Reality Labs primarily profits from the sales of Meta's Quest VR headsets and Ray-Ban Meta smart glasses.