Facebook owner Meta to lift veil off its metaverse business

FILE PHOTO: Facebook's rebrand logo Meta and a 3D printed Facebook logo are seen in this illustration taken on November 2, 2021. REUTERS/Dado Ruvic/Illustration

(Reuters) - Since October, Facebook has renamed the company, articulated a vision of the internet where people can digitally connect through virtual-reality avatars or teleport to see places like ancient Rome, and helped trigger the metaverse investment craze.

When the company, now Meta Platforms Inc, reports fourth-quarter results on Wednesday, investors will get a new window into the financial impact of CEO Mark Zuckerberg's current passion.