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 division has lost the company more than $60 billion since 2020 as investors and analysts question whether ...
Meta's chief technology officer, Andrew Bosworth, told employees in an internal post that the company was seeing "massive sales growth in wearables." ...
The glasses project, codenamed N107, was never made public, but Bloomberg reports that the plan was to build tech-equipped ...
Meta continues to post huge losses from its Reality Labs unit, which is focused on the metaverse and virtual reality. The ...
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 ...
Meta's Reality Labs division continues to bleed billions ... The unit, responsible for its virtual reality headset line "Quest" and its Ray-Ban smart glasses, reported a loss of $5 billion in ...
Reality Labs of Meta, focused on metaverse tech, has reportedly suffered a staggering $5 billion loss. raising several questions ...
The company just shared its latest report for the Reality Labs division which includes AR and VR. This is where it was proven ...