Meta's chief technology officer, Andrew Bosworth, told employees in an internal post that the company was seeing "massive ...

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 houses its metaverse and XR groups, and some of its AI initiatives. During its Q4 2024 earnings call, Meta revealed that Reality Labs reached a record $1.08 billion ...

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 chief technology officer Andrew "Boz" Bosworth said in an internal memo shared with Business Insider that the company's Reality Labs division needs to turn things around in a big way in 2025 ...

Meta has published its earnings report for the three months ending December 31 2024, and despite $1.08 billion in ...

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 ...

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

Billionaire and Scale AI CEO Alexandr Wang told CNBC's "Squawk ... as top of the leaderboard. The reality is yes and no. So, you know, the Chinese labs, they have more H-100s than people think ...

Overall, 96% of Meta's revenue comes directly from its ad business, although some departments are starting to contribute to the company’s monetary intake. Reality Labs, in particular ...