Reality Labs
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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Meta Calls 2023 a ‘Year of Efficiency;’ Anticipates More Losses in Its Metaverse Division
Meta, the company that owns Facebook, Instagram, and Whatsapp, has… More…
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Meta CEO Zuckerberg steadfast on metaverse plans despite $13.7B setback
During a Q4 earnings call on Feb. 1, Mark Zuckerberg said he saw no reason… More…
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Meta Will Continue to Push Metaverse Investments in 2023 According to Head Of Reality Labs
Meta will continue to invest in VR (virtual reality) tech in 2023, … More…
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