Following Mark Zuckerberg's comments about 2025 being a “defining year” for Meta's smart-glasses plans, a leaked internal ...

and despite $1.08 billion in revenue from its Meta Quest hardware, it has recorded a loss of $4.97 billion in its AR/VR Reality Labs division. It brings overall losses for the last 12-month period ...

Meta is reportedly planning to invest $20 billion in its Reality Labs unit that is responsible for making the company’s Ray-Ban Meta smart glasses. On the company’s recent earnings call with ...

Meta looks to have put the final nail in the coffin of the original Oculus Quest VR headset ... everything going on in the world of virtual reality and augmented reality.

In a post titled "2025: The Year of Greatness," shared on Meta's internal forum Workplace, Bosworth said the company's Reality Labs division planned to launch half a dozen more AI-powered wearable ...

Zuckerberg calls smart glasses a key focus Meta boosts Reality Labs spending past $20B in 2025, aims to cut reliance on Apple and Google devices Meta’ Platforms Inc’s META aggregate investment ...

Meta CTO Andrew Bosworth is giving the metaverse a year to become a hit, according to an internal forum post reported by Business Insider. That time period will determine whether Reality Labs ...

Shares were cratering back in 2022 due to Meta Platforms investing in its Reality Labs segment, which is very capital intensive and likely will take over a decade to generate profits, if ever.

In its latest annual report, Meta revealed it invested $19.9bn in its Reality Labs division last year ... in 2014 when it bought VR headset maker Oculus, according to analyst estimates and ...

Advertising revenue was also up 21%, coming in at $46.8 billion. Revenue at Reality Labs, which is home to Meta's metaverse efforts and its augmented reality headsets and smart glasses ...

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...