Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...
Social networking firm, Meta is on course to top $100 billion worth of investment into augmented and virtual reality as the ...
Meta’s latest financial performance puts the sizeable investment being made in the metaverse, a gamble which has now gained ...
Meta CEO Mark Zuckerberg kick-started his company's virtual reality endeavors in 2014 when it acquired Oculus for $2 billion ... and Ray-Ban Meta Smart Glasses. Get top local stories in ...
Tech group reveals it put $19.9bn into its Reality Labs division, which develops its smart glasses and headsets, last year ...
Meta continues to post huge losses from its Reality Labs unit, which is focused on the metaverse and virtual reality. The ...
AI agents, power struggles, and more apps from third-party developers: Here’s what’s coming in 2025 and beyond ...
Meta’s investment in VR and AR surpasses $100bn, with CEO Mark Zuckerberg declaring 2025 a pivotal year for the company’s ...
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In an internal memo intended for Meta staff, the company’s CTO, Andrew “Boz” Bosworth, shared that 2025 will be a pivotal ...