A consistent trend over the past several financial quarters for Meta has been continued losses from its Reality Labs division. The Facebook parent company's latest quarterly earnings released on ...
Despite producing one of the best VR headsets around, the Quest 3, Meta's Reality Labs division just isn't making any money. Nearly $2 billion of revenue in 2023 was completely swallowed by $18 ...
Facebook (META) is out with its Q2 2023 earnings report, joining the chorus of financial news hitting this week. The report shows that the company beat on revenue and EPS expectations, but it wasn’t ...
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's Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the third quarter. Reality Labs revenue rose 29% year over year to $270 ...
(Reuters) -Facebook owner Meta Platforms is laying off an unspecified number of employees from its Reality Labs division amid ongoing restructuring efforts, the company said on Thursday. The job cuts ...
Jared Gregor is about to graduate with a degree in imaging science and take an exciting new job at Facebook Reality Labs, but he never would have found his college major without a happy accident.
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Reality Labs has operations in ...
Meta is continuing to sink billions of dollars a quarter into the metaverse. Stream NBC 5 for free, 24/7, wherever you are. In its first-quarter earnings report on Wednesday, Meta said its Reality ...