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 ...

Meta's Reality Labs faced layoffs and $4.2 billion in losses, raising questions about the future of its metaverse ambitions ...

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 ...

Meta Platforms has reportedly laid off 100 workers at Reality Labs, the division responsible for its virtual reality and ...

Facebook parent company Meta has laid off an unspecified number of people in its Reality Labs Division. The cuts have ...

Meta reported first-quarter earnings after the close of trading on Wednesday. The company delivered a beat while boosting its ...

In its latest quarter results, Meta’s Reality Labs division posted another steep loss, highlighting ongoing challenges. Despite CEO Mark Zuckerberg’s long-term vision and multibillion-dollar ...

In its first-quarter earnings report on Wednesday, Meta said its Reality Labs unit recorded an operating loss of $4.2 billion in the period while bringing in $412 million in sales. Analysts were ...

Stream Los Angeles News for free, 24/7, wherever you are. In its first-quarter earnings report on Wednesday, Meta said its Reality Labs unit recorded an operating loss of $4.2 billion in the ...

Meta is continuing to sink billions of dollars a quarter into the metaverse. In its first-quarter earnings report on Wednesday, Meta said its Reality Labs unit recorded an operating loss of $4.2 ...