Meta continues to post huge losses from its Reality Labs unit, which is focused on the metaverse and virtual reality. The ...

Meta chief technology officer Andrew "Boz" Bosworth said in an internal memo shared with Business Insider that the company's ...

The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone.

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

Meta is shaking up Reality Labs and integrating it more closely with its core business. Chief technology officer Andrew Bosworth announced a series of reorgs in a post on Meta's internal forum ...

Leaked memo from Meta's CTO teases a big year for Reality Labs Meta could launch several AI wearables, and new mixed-reality apps The memo says 2025 will decide if Reality Labs' efforts "will go ...

To date, Meta has spent a whopping $69 billion on Reality Lab since Q4 2020, but it has only brought in $9.19 billion in the same period. While the numbers are staggering, Zuckerberg continues to ...

Reality Labs has been viewed as a money sink for the company, with Meta’s investments in its next-level projects exceeding $50 billion over the past four years. But Meta’s view is that this is ...

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 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 ...