Despite reporting a significant boost in revenue last quarter, Meta’s Reality Labs division -- responsible for the tech giant’s VR and AR products -- is shrinking, with an unspecified number of ...
Meta Platforms (NASDAQ: META) is undoubtedly one of the world's most important technology companies. Due to its position as ...
Meta's fourth-quarter 2024 results show the steady growth of a canonical social-media company continuing to expand its active global user base -- most notably on its newest app Threads -- and ...
The social media company reported its second-quarter earnings on Wednesday and revealed that Reality Labs logged an operating loss of $4.53 billion while recording $370 million in sales during the ...
Meta Platforms (NASDAQ: META) stock pulled back after its earnings report Wednesday night. The stock was trading down 3% after hours, even as the social media giant edged past estimates on the top and ...
Meta has laid off an unspecified number of staff in its Reality Labs division focused on VR and AR tech. The Verge learned that the cuts specifically affected employees at Oculus Studios, the team ...
Mark Zuckerberg’s Meta will reportedly be sinking around $100 billion into virtual and augmented reality products by the end of the year. This investment represents one of the largest single-company ...
Meta's Reality Labs, the unit tasked with building the futuristic metaverse, continues bleeding money. Stream Los Angeles News for free, 24/7, wherever you are. The social media company reported its ...
Meta's Reality Labs, the unit tasked with building the futuristic metaverse, continues bleeding money. The social media company reported its second-quarter earnings on Wednesday and revealed that ...