Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...
The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone.
Meta's Reality Labs division has lost the company more than $60 billion since 2020 as investors and analysts question whether ...
Meta’s strong ad revenue is overshadowed by Reality Labs’ $5B losses. Learn why META stock’s high valuation and AI capital infusion may not justify its price.
In an internal memo, Meta Chief Technology Officer Andrew Bosworth said the company’s Reality Labs beat nearly all its sales and user targets ...
In its quarterly financial results today, Meta revealed that its Reality Lab division saw its best ever Q4 revenue but, as ...
Mark Zuckerberg said that 2025 will be a “pivotal year for the metaverse” as Meta's Reality Labs' losses reach $60 billion ...
Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with Reality Labs.
Meta — and the rest of Big Tech — has been chasing face computers for years. Maybe 2025 will be the year it happens?
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Meta shares were up slightly in after-hours trading on Wednesday after the company reported fourth-quarter earnings that beat ...