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Meta's Reality Labs COO Dan Reed steps down after 11 years amid restructuring. The division faces pressure over $60 billion ...
Meta's core advertising business is thriving, with strong revenue growth and improved margins. Read why Reality Labs ...
So far this year, one of the better performers among Magnificent Seven has been Meta Platforms (NASDAQ:META). That isn’t to ...
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 ...
Even with its aggressive capex spending and ongoing support of the unprofitable Reality Labs division, Meta can still afford ...
Social media company Meta (META) is cutting jobs in Reality Labs, the division behind its Quest headsets and Metaverse push.
Meta Platforms has reportedly laid off 100 workers at Reality Labs, the division responsible for its virtual reality and ...
The numbers for Facebook Reality Labs, as well as the rest of Meta's quarterly earnings, were revealed through the Meta Q1 ...
Meta reported first-quarter earnings after the close of trading on Wednesday. The company delivered a beat while boosting its ...
Meta is laying off teams in its Reality Labs division as a part of its restructuring efforts. The Reality Labs division ...
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Meta has laid off staff in its Reality Labs division, according to CNBC. The layoffs include members of Oculus Studios, which ...
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