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) is undoubtedly one of the world’s most important technology companies. Due to its position as one of the Magnificent Seven stocks, it is constantly under a microscope.

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 ...

In its second-quarter earnings report on Wednesday, Meta said Reality Labs generated revenue of $431 million, up from $370 million a year earlier, while its operating loss widened from $4.53 billion a ...

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Meta Platforms Inc., an American multinational technology company, announced plans for a 10% workforce reduction in its Reality Labs division, aiming to reallocate funds to high-priority areas. In ...

SANTA BARBARA, Calif., April 29, 2025 /PRNewswire/ -- WorldViz VR, a leader in virtual reality (VR) solutions for research and enterprise, announces the release of its 2025 edition of the Setup Guide ...

Following its big bet on artificial intelligence (AI), Meta seems to have set its sight on the next major plunge. If an internal company memo accessed by Reuters is to be believed, the ...

Meta Platforms' (NASDAQ: META) latest earnings report made one thing abundantly clear: the firm’s advertising business is by far its most important growth driver. That business is operating at a pace ...

Meta plans to slash around 10% of its Reality Labs business, according to The New York Times, its latest round of layoffs that will reduce the number of employees developing its virtual reality ...

One of my best calls over the last few years has undoubtedly been Facebook parent Meta Platforms, Inc. (META). Way back in October of 2022, I ended up surprising myself when I rated it a ‘strong buy.’ ...

After splitting Reality Labs into “Wearables” and “Metaverse” divisionsthis past summer, Meta is further restructuring its virtual reality/augmented reality (VR/AR) hardware department by establishing ...