Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...
Meta CTO Andrew Bosworth told employees in an internal post that the company is seeing "massive sales growth in wearables." ...
Meta CTO Andrew Bosworth internally announced a reorg of Reality Labs on Monday.
The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone.
The company just shared its latest report for the Reality Labs division which includes AR and VR. This is where it was proven ...
Meta's Reality Labs division continues to bleed billions of dollars — crossing $60 billion in losses since 2020. "This is also going to be a pivotal year for the metaverse," Meta CEO Mark Zuckerberg ...
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg defended the company’s ambitious spending plans, predicting a ...
Meta's $60 billion AI investment risks overspending like Reality Labs, with uncertain returns and revenue challenges. See why ...
Meta released its Q4 2024 earnings report at the close of markets today. The company’s $48.39 billion in revenue beats the ...
Meta Platforms, the owner of Facebook, Instagram and WhatsApp, on Wednesday reported 21% higher fourth-quarter revenue of $48 billion, slightly faster growth than the previous quarter. But the company ...
Meta Platforms, Inc.'s Q4 2024 is poised to show 24% revenue growth YoY, driven by AI-driven user engagement and strong daily ...
This Data Privacy Day, we're looking back at the profound progress we've made since investing $8 Billion in our privacy ...