The latest quarterly earnings report for the Meta company (formerly known as Facebook) has come out, and in addition to stats for Q4 2024, it also shared full-year details. That included the details ...

Facebook (META) reported its Q2 2025 earnings today, and one of our time-honored traditions here at Shacknews is to look at how Reality Labs made out. As expected, the AR/VR segment lost a disgusting ...

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 ...

Meta Platforms Inc. is cutting jobs at its Reality Labs unit, which makes the company’s Quest mixed reality headsets and the software that powers them. The Facebook parent announced the layoffs today.

Meta is preparing one of its most dramatic restructurings since it rebranded from Facebook, with plans to cut about 1,500 employees from its Reality Labs division while Mark Zuckerberg pours more ...

The first Big Tech layoffs of 2026 have happened. This week, Facebook owner Meta Platforms informed employees that up to 1,500 positions in its Reality Labs division would be eliminated. Here’s what ...

Forrester Research analyst Mike Proulx said in an email that he sees Meta's Reality Labs business as a "leaky bucket," as its losses continue to grow, while revenue declined in the quarter. Meta's ...

GameSpot may receive revenue from affiliate and advertising partnerships for sharing this content and from purchases through links. Facebook parent company Meta has released its latest earnings report ...

Meta is continuing to sink billions of dollars a quarter into the metaverse. Stream NBC 5 for free, 24/7, wherever you are. In its first-quarter earnings report on Wednesday, Meta said its Reality ...

In Meta's first-quarter earnings report on Wednesday, the company said its Reality Labs unit recorded an operating loss of $4.2 billion while bringing in $412 million in sales. Last week, Meta said it ...