Meta CTO Andrew Bosworth internally announced a reorg of Reality Labs on Monday.

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 ...

The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone.

Meta chief technology officer Andrew "Boz" Bosworth said in an internal memo shared with Business Insider that the company's Reality Labs division needs to turn things around in a big way in 2025 ...

Meta's Reality Labs beat nearly all its sales and user targets for 2024, Business Insider has learned. The company's chief technology officer, Andrew Bosworth, announced Reality Labs grew 2024 ...

Meta's Q4 results show steady growth. The company has exceeded expectations in revenue across departments least likely to be ...

Reality Labs has been viewed as a money sink for the company, with Meta’s investments in its next-level projects exceeding $50 billion over the past four years. But Meta’s view is that this is ...

Meta has published its earnings report for the three months ending December 31 2024, and despite $1.08 billion in ...

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 ...

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 unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth quarter. Meta CEO Mark Zuckerberg kick-started his company's virtual ...