Meta's Reality Labs COO Dan Reed steps down after 11 years amid restructuring. The division faces pressure over $60 billion ...

In its first-quarter earnings report on Wednesday, Meta said its Reality Labs unit recorded an operating loss of $4.2 billion ...

Meta reported a $4.2 billion operating loss in its Reality Labs unit for the first quarter, continuing its ...

So far this year, one of the better performers among Magnificent Seven has been Meta Platforms (NASDAQ:META). That isn’t to ...

There was so much growth across nearly every area of Meta’s business (with the exception of Reality Labs, its R&D division for the metaverse, which lost $3.7 billion in Q2) that Q2 was actually rather ...

The company has hit cumulative losses of more than $60 billion for Reality Labs since late 2020, and now thanks to artificial intelligence, the company's capex is expected to double from 2023 to 2025.

The numbers for Facebook Reality Labs, as well as the rest of Meta's quarterly earnings, were revealed through the Meta Q1 ...

When Meta (META) reports its 2025 first-quarter earnings after the market closes Wednesday, Wall Street will watch closely ...

Meta reported first-quarter earnings after the close of trading on Wednesday. The company delivered a beat while boosting its ...

In its first-quarter earnings report on Wednesday, Meta said its Reality Labs unit recorded an operating loss of $4.2 billion in the period while bringing in $412 million in sales. Analysts were ...

Meta is continuing to sink billions of dollars a quarter into the metaverse. In its first-quarter earnings report on Wednesday, Meta said its Reality Labs unit recorded an operating loss of $4.2 ...