News

Playing the Long Game or Just Another Money Pit? Meta Platforms (NASDAQ:META) delivered a stellar second-quarter earnings ...
Meta reported its second-quarter earnings on Wednesday and revealed that Reality Labs logged an operating loss of $4.53 ...
The company has compiled a list of its most-wanted Meta engineers and researchers, part of an effort to be more competitive ...
Every so often, Meta will showcase some of its prototype VR headsets – models which aren’t for public release like its fully ...
Meta has told the public about two of its key VR headset prototypes, with extreme fields of view and ultra-high pixel density ...
Meta’s newly published research gives us a glimpse at its future XR plans: it wants to make ultra-slim XR goggles.
Meta Platforms Inc., the parent company of Facebook and Instagram, continues to face financial challenges in its efforts to ...
Meta is showcasing two new groundbreaking prototype VR headsets at SIGGRAPH 2025, with Tiramisu's hyperrealistic VR offer ...
In its Q2 2025 earnings report, Facebook reported that Reality Labs lost $4.5 billion during the quarter. This is compared to ...
Reality Labs is Meta’s long-term bet on the future of virtual and augmented reality (VR/AR), which lost $18 billion in 2024.
In 2022, Reality Labs lost $13.7 billion, in 2023, it lost $16.1 billion and so far for the first nine months of 2024, Reality Labs has lost $12.8 billion, on revenue of $1 billion.
Meta reported third-quarter earnings on Wednesday, in which it said its Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion.