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Meta, Reality Lab
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 company reported its Q4 2024 earnings on Wednesday and revealed Reality Labs recorded an operating loss of $4.
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 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."
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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.
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on MSN
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 ...
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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 ...
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on MSN
Meta Platforms Revenue Tops Estimates
Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with ...
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on MSN
Meta Earnings Beat by a Wide Margin. The Stock Is Creeping Higher.
Meta said earnings per share were up annually by 50% to $8.02, versus Wall Street’s consensus estimate of $6.76.
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on MSN
Key takeaways from Meta's Q4 earnings after beat, light guidance
Meta Platforms stock (NASDAQ:META) rose fractionally in the immediate aftermath of the company's fourth-quarter earnings ...
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Reflecting on Meta’s $8 Billion Investment in Privacy
This Data Privacy Day, we're looking back at the profound progress we've made since investing $8 Billion in our privacy ...
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