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 $ ... his company's virtual reality endeavors in 2014 when it acquired Oculus for $2 billion. Meta continues to lose billions of dollars ...

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