Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...
Reality Labs of Meta, focused on metaverse tech, has reportedly suffered a staggering $5 billion loss. raising several questions ...
Meta's Reality Labs division has lost the company more than $60 billion since 2020 as investors and analysts question whether ...
President Trump had sued Meta and other tech firms in 2021, arguing that he had been wrongfully censored by them. Meta also ...
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg exuded confidence in his company’s artificial intelligence ...
Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with Reality Labs.
Meta is now spending tens of billions on AI, and there is a war going on between the Big Caps on who can pour the most money into AI. DeepSeek also didn’t hurt Meta as much, and the recent full-year ...
Meta shares were up slightly in after-hours trading on Wednesday after the company reported fourth-quarter earnings that beat ...
Mark Zuckerberg said that 2025 will be a “pivotal year for the metaverse” as Meta's Reality Labs' losses reach $60 billion ...
This month, Zuckerberg also announced that Meta will shut down its third-party fact-checking teams in an effort to “restore ...
Meta said earnings per share were up annually by 50% to $8.02, versus Wall Street’s consensus estimate of $6.76.