Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...
The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone.
Meta's Reality Labs division has lost the company more than $60 billion since 2020 as investors and analysts question whether ...
Mark Zuckerberg said that 2025 will be a “pivotal year for the metaverse” as Meta's Reality Labs' losses reach $60 billion ...
In its quarterly financial results today, Meta revealed that its Reality Lab division saw its best ever Q4 revenue but, as ...
The company just shared its latest report for the Reality Labs division which includes AR and VR. This is where it was proven ...
Meta — and the rest of Big Tech — has been chasing face computers for years. Maybe 2025 will be the year it happens?
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg defended the company’s ambitious spending plans, predicting a ...
Meta concluded FY24 with $164.5 billion in revenue—a 22% annual growth, and a net profit of $62.4 billion—a 59% increase from ...
The revelation about DeepSeek AI’s capabilities and costs rattled the US market a couple of days ago. Major semiconductor, ...
Meta released its Q4 2024 earnings report at the close of markets today. The company’s $48.39 billion in revenue beats the ...