reality labs - Search News

Reality Lab, Meta

Hosted on MSN · 2h

Meta's Reality Labs division beat nearly all its sales; CTO Andrew Bosworth’s ‘congratulatory’ email to employees reveal

Meta's Reality Labs saw significant growth in 2024 with a 40% increase in sales, beating many targets. The division's success was highlighted by strong sales in wearables and holiday demand for the Quest brand.

Business Insider · 2d

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 sales growth in wearables."

Zuckerberg promises 'a pivotal year for the metaverse' as its Reality Labs division continues to bleed cash

Meta's Reality Labs division has lost the company more than $60 billion since 2020 as investors and analysts question whether Mark Zuckerberg's 'metaverse' will ever pay off.

NBC New York · 1d

Meta's Reality Labs posts $5 billion loss in fourth quarter

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

Business Insider · 1d

Meta’s Reality Labs division beat sales, user targets for 2024, BI reports

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

2d

Meta is bringing its Reality Labs division closer to its main business, reversing some of Mark Zuckerberg's huge 2021 reorg

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

Digital Music News on MSN16h

Meta’s Reality Labs Posts $5 Billion Loss for Q4 2024

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

14h

Meta’s Reality Labs Faces Mounting Losses amid Bold Metaverse Vision

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

1don MSN

Reality Labs bleed grows but Zuckerberg vows ‘pivotal year’ for metaverse

Mark Zuckerberg said that 2025 will be a “pivotal year for the metaverse” as Meta's Reality Labs' losses reach $60 billion ...

20h

We Disagree With Mr. Market On Meta

Meta’s strong ad revenue is overshadowed by Reality Labs’ $5B losses. Learn why META stock’s high valuation and AI capital ...

Facebook (META) Reality Labs lost $17.7 billion in 2024

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

Meta Reality Labs Saw Record Quarterly Revenue in Q4 2024, But Also Record Costs

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

6d

Meta Is Chasing A New Shiny Object

Meta's $60 billion AI investment risks overspending like Reality Labs, with uncertain returns and revenue challenges. See why ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results