Apple halts AR glasses, prioritizing Vision Pro. Amazon upgrades Alexa with AI. Meta’s MR struggles despite smart glasses ...
In a leaked memo obtained by BI, Meta's CTO called 2025 "the year of greatness" and the "most critical" year for the ...
Meta chief technology officer Andrew "Boz" Bosworth said in an internal memo shared with Business Insider that the company's ...
Meta's chief technology officer, Andrew Bosworth, told employees in an internal post that the company was seeing "massive ...
The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone.
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 ...
In its quarterly financial results today, Meta revealed that its Reality Lab division saw its best ever Q4 revenue but, as ...
Meta and Microsoft are now spending roughly 30% of their annual revenues on capital expenditures. What are they hoping to get ...
Meta has published its earnings report for the three months ending December 31 2024, and despite $1.08 billion in ...
Mark Zuckerberg said that 2025 will be a “pivotal year for the metaverse” as Meta's Reality Labs' losses reach $60 billion ...