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Meta's CTO said the metaverse could be a 'legendary misadventure' if the company doesn't boost sales, leaked memo showsIn a leaked memo obtained by BI, Meta's CTO called 2025 "the year of greatness" and the "most critical" year for the ...
Apple halts AR glasses, prioritizing Vision Pro. Amazon upgrades Alexa with AI. Meta’s MR struggles despite smart glasses ...
The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone.
Meta chief technology officer Andrew "Boz" Bosworth said in an internal memo shared with Business Insider that the company's ...
Reality Labs, the research arm of social media giant Meta Platforms, bled even more billions over the last quarter, but Meta boss Mark Zuckerberg says 2025 is the year for the metaverse.
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 division beat nearly all its sales and user targets for 2024, internal memo says
Meta's Reality Labs beat nearly all its sales and user targets for 2024, Business Insider has learned. The company's chief technology officer, Andrew Bosworth, announced Reality Labs grew 2024 ...
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 is expanding its lineup of AI smart glasses with a new pair of Oakley-branded spectacles targeted at athletes, according to Bloomberg’s Mark Gurman. Bloomberg reports the ...
Reality Labs has sunk tens of billions of dollars into VR development, but the technology has never broken through to "next big thing" status as once predicted. As we said in August 2024, the ...
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