While Meta Platforms has piled a lot of resources into the metaverse and its Reality Labs division, the payoff simply hasn't ...

Meta CEO Mark Zuckerberg has reorganized the company's artificial intelligence efforts under a new division called Meta ...

Reality Labs, the Meta unit that develops technology for the metaverse, lost $21.3 billion since January 2022. Operating costs for the unit were also down $3.7 billion last quarter.

Meta’s (META) ambitious push into augmented and virtual reality through Reality Labs has been a costly gamble, with billions poured into its development. While a breakthrough in AR/VR (augmented ...

Meta's Reality Labs division has lost nearly $50 billion in the last five years. Yahoo Finance spoke to several former employees about what's happening inside Mark Zuckerberg's virtual world.

Meta, on Thursday (April 24), laid off an unknown number of employees from its Reality Labs division, which includes employees working in Oculus studios, who are responsible for creating mixed ...

Meta’s Reality Labs unit is rolling out one last major software update for its Quest and Quest 2 headsets before the end of the year. It’s one you’ll want to download as soon as you can ...

Meta lays off Reality Labs staff, impacting Oculus Studios and VR fitness app Supernatural, while pursuing new hires and restructuring efforts. Business Insider Subscribe Newsletters ...

The meager revenue from the segment barely makes a dent in Meta's operating expenses. Reality Labs produced operating losses of $13.7 billion and $10.2 billion in 2022 and 2021, respectively.

Meta has laid off employees in its Reality Labs division, including teams working in Oculus Studios and some employees working on hardware. The future of fitness. Skip to main content ...