Meta CTO Andrew Bosworth internally announced a reorg of Reality Labs on Monday.
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 chief technology officer, Andrew Bosworth, told employees in an internal post that the company was seeing "massive sales growth in wearables." ...
Meta’s strong ad revenue is overshadowed by Reality Labs’ $5B losses. Learn why META stock’s high valuation and AI capital ...
Meta's Reality Labs, the division that has lost billions of dollars in the last 5 years, has significantly outperformed ...
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 ...
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 ...
Meta continues to post huge losses from its Reality Labs unit, which is focused on the metaverse and virtual reality. The ...
Granted, Zuckerberg informed investors on the Q4 earnings call that Meta plans to invest between $60 and $65 billion in ...
The company just shared its latest report for the Reality Labs division which includes AR and VR. This is where it was proven ...