Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...
In its quarterly financial results today, Meta revealed that its Reality Lab division saw its best ever Q4 revenue but, as ...
The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone.
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 division has lost the company more than $60 billion since 2020 as investors and analysts question whether ...
Meta’s strong ad revenue is overshadowed by Reality Labs’ $5B losses. Learn why META stock’s high valuation and AI capital infusion may not justify its price.
Shares of Meta Platforms (NASDAQ: META) were flying higher on Thursday. The stock gained 2% as of 12:15 p.m. ET but gained as ...
Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with Reality Labs.
Mark Zuckerberg said that 2025 will be a “pivotal year for the metaverse” as Meta's Reality Labs' losses reach $60 billion ...
Meta — and the rest of Big Tech — has been chasing face computers for years. Maybe 2025 will be the year it happens?
The Facebook parent company surpassed Wall Street estimates with $48.4 billion in fourth quarter revenue The post Meta ...
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg defended the company’s ambitious spending plans, predicting a ...