Meta CTO Andrew Bosworth internally announced a reorg of Reality Labs on Monday.

Meta continues to post huge losses from its Reality Labs unit, which is focused on the metaverse and virtual reality. The ...

Meta's Reality Labs, the division that has lost billions of dollars in the last 5 years, has significantly outperformed ...

Meta's chief technology officer, Andrew Bosworth, told employees in an internal post that the company was seeing "massive sales growth in wearables." ...

Meta's bet on the metaverse continues to face staggering financial setbacks. Its Reality Labs division recorded an ...

Meta's Q4 results show steady growth. The company has exceeded expectations in revenue across departments least likely to be ...

The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone.

In its quarterly financial results today, Meta revealed that its Reality Lab division saw its best ever Q4 revenue but, as ...

In an internal memo, Meta Chief Technology Officer Andrew Bosworth said the company’s Reality Labs beat nearly all its sales and user targets ...

Meta's Reality Labs division has lost the company more than $60 billion since 2020 as investors and analysts question whether ...

Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with ...

Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...