The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone.
Reality Labs, the research arm of social media giant Meta Platforms, bled even more billions over the last quarter, but Meta boss Mark Zuckerberg says 2025 is the year for the metaverse. Meta’s fourth ...
Digital Music News on MSN14d
Meta’s Reality Labs Posts $5 Billion Loss for Q4 2024Meta continues to post huge losses from its Reality Labs unit, which is focused on the metaverse and virtual reality. The company reported its Q4 2024 earnings on Wednesday and revealed Reality Labs ...
Business Insider on MSN10d
Meta's CTO said the metaverse could be a 'legendary misadventure' if the company doesn't boost sales, leaked memo showsIn a leaked memo obtained by BI, Meta's CTO called 2025 "the year of greatness" and the "most critical" year for the ...
The accumulated loses of Meta’s metaverse wing – Reality Labs – reached US$68.8 billion (£55 billion) last year, according to ...
Meta's Q4 results show steady growth. The company has exceeded expectations in revenue across departments least likely to be profitable, including its Reality Labs division.
Meta's bet on the metaverse continues to face staggering financial setbacks. Its Reality Labs division recorded an ...
Meta's Reality Labs division beat nearly all its sales and user targets for 2024, internal memo says
Meta's Reality Labs beat nearly all its sales and user targets for 2024, Business Insider has learned. The company's chief technology officer, Andrew Bosworth, announced Reality Labs grew 2024 ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback