The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone.

Meta's chief technology officer, Andrew Bosworth, told employees in an internal post that the company was seeing "massive ...

Meta chief technology officer Andrew "Boz" Bosworth said in an internal memo shared with Business Insider that the company's ...

Meta continues to post huge losses from its Reality Labs unit, which is focused on the metaverse and virtual reality. The ...

Meta is shaking up Reality Labs and integrating it more closely with its core business. Chief technology officer Andrew Bosworth announced a series of reorgs in a post on Meta's internal forum ...

In its quarterly financial results today, Meta revealed that its Reality Lab division saw its best ever Q4 revenue but, as ...

Meta's Q4 results show steady growth. The company has exceeded expectations in revenue across departments least likely to be ...

Reality Labs has been viewed as a money sink for the company, with Meta’s investments in its next-level projects exceeding $50 billion over the past four years. But Meta’s view is that this is ...

Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...

Meta's Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth quarter. Meta CEO Mark Zuckerberg kick-started his company's virtual ...