Meta continues to post huge losses from its Reality Labs unit, which is focused on the metaverse and virtual reality. The ...
Meta is standing by their VR projects as their foot in the door for the Metaverse, but it's becoming an expensive investment.
Meta's chief technology officer, Andrew Bosworth, told employees in an internal post that the company was seeing "massive sales growth in wearables." ...
Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand its ...
Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with ...
Reality Labs of Meta, focused on metaverse tech, has reportedly suffered a staggering $5 billion loss. raising several questions ...
Meta's Quest 3 virtual reality headset offers standalone immersion and compelling mixed reality experiences that put it a ...
Meta shares were up slightly in after-hours trading on Wednesday after the company reported fourth-quarter earnings that beat ...
Raymond James analyst Josh Beck maintained a Buy rating on Meta Platforms (META – Research Report) today and set a price target of $800.00. The ...
Meta said earnings per share were up annually by 50% to $8.02, versus Wall Street’s consensus estimate of $6.76.
Meta's Reality Labs division has lost the company more than $60 billion since 2020 as investors and analysts question whether ...
Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...