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 ...
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.
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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 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 chief technology officer, Andrew Bosworth, told employees in an internal post that the company was seeing "massive ...
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