Reality Labs
Alibaba reportedly cuts dozens from metaverse unit
The Chinese e-commerce giant has become the latest to slash resources… More…
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Former BAYC creative director Jeff Nicholas joins Meta’s Reality Labs
Nicholas joins Meta as an executive mixed reality producer for entertainment… More…
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Meta burns another $4.5B on metaverse in Q2, preps for AI growth
Meta’s share price popped 7% in after-hours trading following a better-than-expected… More…
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Meta drops 15% on weak outlook and high AI and metaverse spending
Meta shares dipped after a disappointing Q2 revenue outlook and plans… More…
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Meta’s Reality Labs Division Plans Layoffs in Silicon Unit
In recent developments, Meta, previously known as Facebook, is preparing… More…
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Meta’s Metaverse Is Finding Its Legs — In Avatars
Meta’s Horizon Worlds, the metaverse flagship app of the company… More…
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Meta in Q2 2023: Reality Labs Loses Billions of Dollars while Building Metaverse
Coinspeaker Meta in Q2 2023: Reality Labs Loses Billions of Dollars… More…
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Meta Q2 earnings: Reality Labs losses top $7.7B year to date
Meanwhile, Meta’s metaverse-building business has racked up around… More…
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Meta Q2 earnings: Reality Labs losses top $7.7B year to date
Meanwhile, Meta’s metaverse-building business has racked up around… More…
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Metaverse division’s $4B loss drags on positive first quarter for Meta
Zuckerberg expects Reality Labs operating losses to increase year-over-year… More…
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