meta, Reality Lab

Reality Labs bleed grows but Zuckerberg vows ‘pivotal year’ for the metaverse
Reality Labs, the research arm of social media giant Meta Platforms, bled even more billions over the last quarter, but Meta boss Mark Zuckerberg says 2025 is the year for the metaverse. Meta’s fourth-quarter and full-year results for 2024,
Meta Exceeds Q4 Expectations, Reality Labs Bounces Back
Meta's Q4 results show steady growth. The company has exceeded expectations in revenue across departments least likely to be profitable, including its Reality Labs division.
Meta's Reality Labs posts $5 billion loss in fourth quarter
Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth quarter.
Facebook (META) Reality Labs lost $17.7 billion in 2024
The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone.
Zuckerberg promises 'a pivotal year for the metaverse' as its Reality Labs division continues to bleed cash
Meta's Reality Labs division has lost the company more than $60 billion since 2020 as investors and analysts question whether Mark Zuckerberg's 'metaverse' will ever pay off.
Meta’s Reality Labs division beat sales, user targets for 2024, BI reports
In an internal memo, Meta Chief Technology Officer Andrew Bosworth said the company’s Reality Labs beat nearly all its sales and user targets
Meta’s Reality Labs Unit Posts $5 Billion in Losses in Q4 2024
Reality Labs lost $13.7 billion (roughly Rs. 1,12,200 crore) in 2022. Last year, Meta revealed that Reality Labs posted a loss of $46.5 billion while generating nearly $11 billion (roughly Rs. 91,744 crore) in revenue in Q4 2023.
Meta's Reality Labs division beat nearly all its sales; CTO Andrew Bosworth’s ‘congratulatory’ email to employees reveal
Meta's Reality Labs saw significant growth in 2024 with a 40% increase in sales, beating many targets. The division's success was highlighted by strong sales in wearables and holiday demand for the Quest brand.
Meta is bringing its Reality Labs division closer to its main business, reversing some of Mark Zuckerberg's huge 2021 reorg
Meta CTO Andrew Bosworth internally announced a reorg of Reality Labs on Monday.
Road to VR2d
Meta Reality Labs Saw Record Quarterly Revenue in Q4 2024, But Also Record Costs
In its quarterly financial results today, Meta revealed that its Reality Lab division saw its best ever Q4 revenue but, as ...
Meta Platforms Revenue Tops Estimates
Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with ...
Meta's Reality Labs division beat nearly all its sales and user targets for 2024, internal memo says
Meta's chief technology officer, Andrew Bosworth, told employees in an internal post that the company was seeing "massive sales growth in wearables." ...