Meta's Reality Labs division achieved a significant milestone in Q4 2024, generating $1.1 billion in sales, primarily driven by the success of the Meta Quest 3 ...
Reality Labs lost $13.7 billion (roughly Rs. 1,12,200 crore) in 2022. Last year, Meta revealed that Reality Labs posted a loss of $46.5 billion while generating nearly $11 billion (roughly Rs. 91,744 ...
Meta's Q4 results show steady growth. The company has exceeded expectations in revenue across departments least likely to be ...
Meta's Reality Labs saw significant growth in 2024 with a 40% increase in sales, beating many targets. The division's success ...
DeepSeek’s AI disrupts industry, causing Nvidia’s $600B plunge. AI investments surge: SoftBank backs Skild AI, ElevenLabs raises $250M, and Infinite Reality buys Obsess.
The difference between Apple and Meta Platforms used to be that the former made things, and the latter didn’t. Even now, Apple remains a company driven by real products, while Facebook parent Meta ...
Meta's bet on the metaverse continues to face staggering financial setbacks. Its Reality Labs division recorded an ...
Granted, Zuckerberg informed investors on the Q4 earnings call that Meta plans to invest between $60 and $65 billion in ...
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Meta’s Reality Labs Posts $5 Billion Loss for Q4 2024Meta continues to post huge losses from its Reality Labs unit, which is focused on the metaverse and virtual reality. The ...
Meta’s strong ad revenue is overshadowed by Reality Labs’ $5B losses. Learn why META stock’s high valuation and AI capital ...
Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with ...
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