Meta is bringing its Reality Labs division closer to its main business, reversing some of Mark Zuckerberg's huge 2021 reorg
Meta CTO Andrew Bosworth internally announced a reorg of Reality Labs on Monday.
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Meta’s Reality Labs Posts $5 Billion Loss for Q4 2024
Meta continues to post huge losses from its Reality Labs unit, which is focused on the metaverse and virtual reality. The ...
We Disagree With Mr. Market On Meta
Meta’s strong ad revenue is overshadowed by Reality Labs’ $5B losses. Learn why META stock’s high valuation and AI capital ...
Reality Labs bleed grows but Zuckerberg vows ‘pivotal year’ for metaverse
Mark Zuckerberg said that 2025 will be a “pivotal year for the metaverse” as Meta's Reality Labs' losses reach $60 billion ...
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Facebook (META) Reality Labs lost $17.7 billion in 2024
The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone.
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Meta Reality Labs Saw Record Quarterly Revenue in Q4 2024, But Also Record Costs
In its quarterly financial results today, Meta revealed that its Reality Lab division saw its best ever Q4 revenue but, as ...
Meta Platforms Revenue Tops Estimates
Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with ...
Meta Is Chasing A New Shiny Object
Meta's $60 billion AI investment risks overspending like Reality Labs, with uncertain returns and revenue challenges. See why ...