In just over four years, Meta (META)’s Reality Labs division — focused mainly ... is there enough room on the balance sheet for his AI pivot and Reality Labs' steep losses?

According to Main Street Data, Meta’s Reality Labs segment saw its operating loss widen to $4.97 billion in Q4 2024, compared to $4.65 billion in the same period last year. In 2024, this segment ...

Reality Labs is Meta's long-term bet on the future of virtual and augmented reality (VR/AR), which lost $18 billion in 2024.

Notably, Meta posted the strong Q4 report despite continuing to lose a lot of money on Reality Labs, its division focused ... Zuckerberg said he believes there is room in the market for several ...

Let’s jump in. Let’s start off by addressing the elephant in the room. Investors should not rely on Meta Platforms’ Reality Labs metaverse business to drive the company’s near-term future ...

Meta is laying off teams in its Reality Labs division as a part of its restructuring efforts. The Reality Labs division includes employees working in Oculus studios, Meta's gaming wing.

For years, Silicon Valley and Wall Street have questioned Mark Zuckerberg’s decision to invest tens of billions of dollars into Reality Labs. This week, Meta ... filling a room full of skeptical ...

Meta Platforms Inc. is cutting jobs at its Reality Labs unit, which makes the company’s Quest mixed reality headsets and the software that powers them. The Facebook parent announced the layoffs ...

This week, I became one of the few people outside Meta to try its new “Orion ... and it’s spent billions on its Reality Labs bet, in part, to mitigate platform risk. So despite its pushing ...

Thus far, Meta's heavily money-losing Reality Labs division has been primarily focused ... playing "holographic Ping-Pong" with others in the room, or talking to "life-sized holograms of people ...

(Reuters) -Facebook owner Meta Platforms is laying off an unspecified number of employees from its Reality Labs division amid ongoing restructuring efforts, the company said on Thursday.