The Meta company is one of the latest tech companies to report this week, and with it comes the latest numbers on losses from Reality Labs. For quite a while now, Facebook and Meta Reality Labs ...

The company is losing way too much money with Reality Labs, and we think it's over-investing in alternative bets as a result of Mark Zuckerberg's ownership. As a result, we think Meta is ...

Reality Labs. Meta has reportedly initiated another round of layoffs, impacting various departments, including its instant messaging platform WhatsApp, social media giant Instagram, and its ...

Meta's Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the third quarter. Reality Labs revenue rose 29% year over year to ...

But analysts were also concerned about Meta's spending - and wide operating losses - on its Reality Labs business, which was developing its vision for the Metaverse, as well as alternate-reality ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Meta Platforms Inc. (NASDAQ:META) has confirmed layoffs across multiple teams, including ...

Meta reported a $4.4 billion loss in that division, which is responsible for its hardware like its Quest VR headsets, AI infrastructure, and metaverse software. Reality Labs brought in just $270 ...

Meta's latest layoffs impact departments like WhatsApp, Instagram, and Reality Labs. Meta's job cuts stem from internal team reorganizations and long-term strategy. Meta Platforms Inc. META has ...