Meta dominates VR market, but Reality Labs division posts $5 billion loss for the quarter
Meta's Reality Labs division achieved a significant milestone in Q4 2024, generating $1.1 billion in sales, primarily driven by the success of the Meta Quest 3 ...
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What Meta’s move to community moderation could mean for misinformation
Meta, the parent company of Facebook, Instagram, WhatsApp and other services has announced it will discontinue its ...
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Why big tech keeps betting on the wrong trends
Since toning down its Metaverse ambitions, Zuckerberg has turned to the omnipresent expanse of AI. If Meta leans too heavily ...
Apple Vision Pro and Meta Quest gain access to thousands of games overnight — here’s what we know
If you own either the Apple Vision Pro or the Meta Quest 3 then you are in luck, as Nvidia has brought access to some of the biggest names in gaming.
Meta uncharacteristically quiet about $5 billion in VR losses
Meta is standing by their VR projects as their foot in the door for the Metaverse, but it's becoming an expensive investment.
The fallout of Meta’s content moderation overhaul
Meta overhauled its approach to US moderation on Tuesday, ditching fact-checking, announcing a plan to move its trust and ...
Meta’s Ray-Bans smart glasses sold more than 1 million units last year
Meta CEO Mark Zuckerberg revealed sales figures for the company’s Ray-Ban smart glasses for the first time, telling employees ...
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Benchmark Upgrades Meta Platforms (META)
Fintel reports that on January 30, 2025, Benchmark upgraded their outlook for Meta Platforms (NasdaqGS:META) from Hold to Buy. Analyst Price Forecast Suggests 1.36% Downside As of January 28, 2025, ...
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Meta’s Reality Labs Posts $5 Billion Loss for Q4 2024
Meta continues to post huge losses from its Reality Labs unit, which is focused on the metaverse and virtual reality. The ...