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 ...

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

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 ...

Meta's Reality Labs beat nearly all its sales and user targets for 2024, Business Insider has learned. The company's chief technology officer, Andrew Bosworth, announced Reality Labs grew 2024 ...

In an internal memo, Meta Chief Technology Officer Andrew Bosworth said the company’s Reality Labs beat nearly all its sales and user targets ...

To date, Meta has spent a whopping $69 billion on Reality Lab since Q4 2020, but it has only brought in $9.19 billion in the same period. While the numbers are staggering, Zuckerberg continues to ...

It wasn’t a small amount. In fact, Reality Labs lost around $17.7 billion throughout the whole year. Meta reported on its Q4 2024 earnings results on its investor relations website this week.

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 ...

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 ...