In Meta's first-quarter earnings report, the company said Reality Labs recorded an operating loss of over $4 billion while ...

The market for Meta Platforms hitting $740 during the week of April 27, 2026, is currently priced at 0.1% for a YES outcome, ...

Meta is losing billions on Reality Labs each quarter, and its AI expenditures are only going to increase its spending.

Meta reported the latest Meta Reality Labs figure as part of its Q1 2026 earnings report. The most interesting item here is ...

Meta’s Reality Labs reported a $4.03 billion loss in Q1 2026, continuing a pattern of steep deficits in its AR/VR and smart glasses business. CEO Mark Zuckerberg used the earnings call to promote ...

Meta poured billions into its VR and metaverse efforts. It even renamed the company after it. But after the recent round of cuts and product pullback, Meta's CTO acknowledge that the industry was ...

Meta has made the decision to discontinue Workrooms as a standalone appIllustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images Meta is discontinuing its workplace virtual reality app ...

Meta continues to sink money into the metaverse, anchored by virtual reality and augmented reality technologies. The company reported a third-quarter loss for the business on Wednesday of $4.4 billion ...

Facebook parent company Meta has once again posted disappointing results for its metaverse-focused Reality Labs division, with little in the way of revenue compared to the mounting operational losses ...

With Meta (formerly known as Facebook) reporting on its Q4 2025 earnings results for the quarter, we also got a look at what the company spent in various divisions throughout the year and how the ...

Mark Zuckerberg said the metaverse would be the future of his company - and the entire internet. Now, after tens of billions of dollars spent, it's quietly being shelved in favour of AI, writes Adam ...