Meta is standing by their VR projects as their foot in the door for the Metaverse, but it's becoming an expensive investment.
Facebook group Meta's apps are once again a money-making machine: sales up, 14 billion dollars in profit. The Metaverse ...
Reality Labs lost $13.7 billion (roughly Rs. 1,12,200 crore) in 2022. Last year, Meta revealed that Reality Labs posted a loss of $46.5 billion while generating nearly $11 billion (roughly Rs. 91,744 ...
Meta's Reality Labs division has lost the company more than $60 billion since 2020 as investors and analysts question whether ...
Mark Zuckerberg said that 2025 will be a “pivotal year for the metaverse” as Meta's Reality Labs' losses reach $60 billion ...
Meta's Ray-Ban glasses actually broke 1 million sals in the year 2024. The company plans to sell more this year.
Meta CTO Andrew Bosworth internally announced a reorg of Reality Labs on Monday.
Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with ...
Meta Platforms beat Wall Street expectations for fourth-quarter revenue on Wednesday but predicted sales in the current first ...
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue ...