That included the details on its Reality Labs VR division and how much money it has spent over the last year. It wasn’t a small amount. In fact, Reality Labs lost around $17.7 billion throughout ...

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 ...

Meta's Reality Labs division continues to bleed billions of dollars — crossing $60 billion in losses since 2020. "This is also going to be a pivotal year for the metaverse," Meta CEO Mark ...

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 ...

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

Meta's Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth quarter. Meta CEO Mark Zuckerberg kick-started his company's virtual ...

Meta's Reality Labs saw significant growth in 2024 with a 40% increase in sales, beating many targets. The division's success was highlighted by strong sales in wearables and holiday demand for ...