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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.
Reality Labs bleed grows but Zuckerberg vows ‘pivotal year’ for the metaverse
Reality Labs, the research arm of social media giant Meta Platforms, bled even more billions over the last quarter, but Meta ...
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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 ...
Shacknews10d
Facebook (META) Q4 2024 earnings results beat EPS and revenue expectations
Meta released its Q4 2024 earnings report at the close of markets today. The company’s $48.39 billion in revenue beats the ...
Meta's CTO said the metaverse could be a 'legendary misadventure' if the company doesn't boost sales, leaked memo shows
In a leaked memo obtained by BI, Meta's CTO called 2025 "the year of greatness" and the "most critical" year for the ...
MediaPost9d
Meta Exceeds Q4 Expectations, Reality Labs Bounces Back
Meta's Q4 results show steady growth. The company has exceeded expectations in revenue across departments least likely to be ...
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.
MediaPost9d
Meta Exceeds Q4 Expectations, Reality Labs Division Bounces Back
Meta's Q4 results show steady growth. The company has exceeded expectations in revenue across departments least likely to be ...