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 ...
Meta has put the brakes on its virtual reality push, causing worry among developers who built their careers around the technology that once seemed central to the company’s future plans. The social ...
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 ...
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 ...
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 ...
Meta Platforms (NASDAQ: META) stock pulled back after its earnings report Wednesday night. The stock was trading down 3% after hours, even as the social media giant edged past estimates on the top and ...
Few believe Meta will abandon VR entirely, but many see an unmistakable pivot as resources move toward AI systems and devices such as smart glasses. Meta’s decision to deprioritize virtual reality in ...