Meta's Reality Labs saw significant growth in 2024 with a 40% increase in sales, beating many targets. The division's success ...
Meta CTO Andrew Bosworth internally announced a reorg of Reality Labs on Monday.
Meta continues to post huge losses from its Reality Labs unit, which is focused on the metaverse and virtual reality. The ...
Meta's chief technology officer, Andrew Bosworth, told employees in an internal post that the company was seeing "massive sales growth in wearables." ...
Meta's bet on the metaverse continues to face staggering financial setbacks. Its Reality Labs division recorded an ...
Mark Zuckerberg said that 2025 will be a “pivotal year for the metaverse” as Meta's Reality Labs' losses reach $60 billion ...
Meta’s strong ad revenue is overshadowed by Reality Labs’ $5B losses. Learn why META stock’s high valuation and AI capital ...
In an internal memo, Meta Chief Technology Officer Andrew Bosworth said the company’s Reality Labs beat nearly all its sales and user targets ...
The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone.
In its quarterly financial results today, Meta revealed that its Reality Lab division saw its best ever Q4 revenue but, as ...
Meta's Reality Labs division has lost the company more than $60 billion since 2020 as investors and analysts question whether ...
Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...