Apple halts AR glasses, prioritizing Vision Pro. Amazon upgrades Alexa with AI. Meta’s MR struggles despite smart glasses ...
Following Mark Zuckerberg's comments about 2025 being a “defining year” for Meta's smart-glasses plans, a leaked internal ...
Meta's Reality Labs division beat nearly all its sales and user targets for 2024, internal memo says
Meta's chief technology officer, Andrew Bosworth, told employees in an internal post that the company was seeing "massive ...
Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...
In a leaked memo obtained by BI, Meta's CTO called 2025 "the year of greatness" and the "most critical" year for the ...
In its quarterly financial results today, Meta revealed that its Reality Lab division saw its best ever Q4 revenue but, as ...
The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone.
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Even with Meta’s deep pockets, there’s only so much cash it can burn—something Bosworth made clear in his memo. He called out ...
Reality Labs lost $13.7 billion (roughly Rs. 1,12,200 crore) in 2022. Last year, Meta revealed that Reality Labs posted a loss of $46.5 billion while generating nearly $11 billion (roughly Rs. 91,744 ...
Meta has published its earnings report for the three months ending December 31 2024, and despite $1.08 billion in ...
The market remains unfazed by META's ongoing cash burn in Reality Labs, with the stock escaping unscathed during the recent ...
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