Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...
Meta continues to post huge losses from its Reality Labs unit, which is focused on the metaverse and virtual reality. The ...
Meta's Reality Labs division achieved a significant milestone in Q4 2024, generating $1.1 billion in sales, primarily driven by the success of the Meta Quest 3 ...
Meta's Q4 results show steady growth. The company has exceeded expectations in revenue across departments least likely to be ...
Reality Labs of Meta, focused on metaverse tech, has reportedly suffered a staggering $5 billion loss. raising several questions ...
Being laid off from Meta meant Scott Goodfriend took a risk on his food tour side hustle and turned it into a $145,000-a-year ...
Meta is standing by their VR projects as their foot in the door for the Metaverse, but it's becoming an expensive investment.
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 ...
Menlo Park, California-based Meta Platforms, Inc. (META) operates as a social technology company. The company develops ...
Meta's bet on the metaverse continues to face staggering financial setbacks. Its Reality Labs division recorded an ...
Meta's chief technology officer, Andrew Bosworth, told employees in an internal post that the company was seeing "massive sales growth in wearables." ...