The company is working on headsets that offer better realism and much wider fields of view than what’s available on its current Quest headsets. The company is working on headsets that offer better ...
Meta's Reality Labs, the unit tasked with building the futuristic metaverse, continues bleeding money. The social media company reported its second-quarter earnings on Wednesday and revealed that ...
Facebook (META) reported its Q2 2025 earnings today, and one of our time-honored traditions here at Shacknews is to look at how Reality Labs made out. As expected, the AR/VR segment lost a disgusting ...
Li-Chen Miller, who led Meta's smart glasses, became the first product manager of its robotics team. The robotics group aims to develop products like humanoid robots for use in homes. Meta's robotics ...
Meta plans to cut its budget by up to 30% in its Reality Labs metaverse division. It's considering job cuts as part of that move, leaving employees uncertain. The cuts may impact Horizon Worlds and ...
Meta’s Reality Labs division has reported a significant operating loss of $4.4 billion for the third quarter of 2025. This loss underscores the company’s ongoing commitment to investing heavily in ...
Meta Platforms‘ (META) Q2 earnings showcased robust advertising revenue of $39.1 billion, up 22%, and $18.9 billion in free cash flow. The company raised its capex guidance, primarily for AI ...
With Facebook (otherwise known as Meta) posting its Q3 2025 earnings results, so too did it post its various costs and losses, and you’d best believe Meta Reality Labs was once again among the latter.
Meta's Reality Labs, the unit tasked with building the futuristic metaverse, continues bleeding money. Stream Los Angeles News for free, 24/7, wherever you are. The social media company reported its ...
The social media company reported its second-quarter earnings on Wednesday and revealed that Reality Labs logged an operating loss of $4.53 billion while recording $370 million in sales during the ...
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