meta, Reality Lab and Mark Zuckerberg

Reality Labs bleed grows but Zuckerberg vows ‘pivotal year’ for the metaverse
Reality Labs, the research arm of social media giant Meta Platforms, bled even more billions over the last quarter, but Meta boss Mark Zuckerberg says 2025 is the year for the metaverse. Meta’s fourth-quarter and full-year results for 2024,
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.
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 company reported its Q4 2024 earnings on Wednesday and revealed Reality Labs recorded an operating loss of $4.
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'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.
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 before, this coincides with equally growing costs. Meta’s Reality Labs division houses its metaverse and XR groups,
Meta’s Reality Labs Division Exceeded All Sales and Usage Targets in 2024
The company just shared its latest report for the Reality Labs division which includes AR and VR. This is where it was proven how all sales and usage targets for last year were exceeded which is a major win for the organization.
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.
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.
Mark Zuckerberg Thinks Meta Could Sell ‘Billions’ of AI Glasses
In both public and private, Meta CEO Mark Zuckerberg extols the future of AR even while staff worry about him getting in bed ...
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 ...
Meta Platforms Revenue Tops Estimates
Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with ...