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The Latest Breaking News from Reality Labs

Android XR needs to copy Android smartwatches to survive

Google has a long history of (abandoned) VR & AR projects. If Android XR is to succeed, it'll depend on Samsung, the savior of Google's wearable plans.

Android Central

Will Meta Platforms Stock Be Worth $2 Trillion in 2025?

Will Meta Platforms Stock Be Worth $2 Trillion in 2025?

Meta stock reached a new all-time high of $617.78, propelling the company’s market capitalization to approximately $1.55 trillion.

3 Goldman-Approved AI Growth Stocks to Grab Now

3 Goldman-Approved AI Growth Stocks to Grab Now

This article highlights three AI growth stocks endorsed by Goldman Sachs that are worth considering for investment now.

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2 Tech Stocks to Load Up On in November

These mature companies still have a lot of room for growth, and could turn out to be excellent long-term investments.

Should You Buy Meta Platforms Stock After Earnings?

Despite crushing broader market returns in the past two years, Meta Platforms stock still trades at a reasonable valuation.

Meta Shows Strong Growth As AI Spending Surges

Facebook owner Meta saw net income and revenues top expectations on Wednesday as the company said it would expand investments into artificial intelligence, drawing nervousness from investors.

International Business Times

Meta had a good quarter, Zuckerberg teases Llama 4

Meta reports its Q3 2024 earnings, with revenue increases across its businesses and wider losses for Reality Labs.

Android Central

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Meta Stock Falls Despite Strong Quarter. Why Zuckerberg Is Keeping Up The AI Spending Spree.

Meta Stock Falls Despite Strong Quarter. Why Zuckerberg Is Keeping Up The AI Spending Spree.

Meta stock was trading lower late Wednesday after the Facebook parent reported Q3 earnings ahead of views.

Investors Business Daily

Meta CEO Mark Zuckerberg speaks about Facebook strategy, past and future

Meta CEO Mark Zuckerberg speaks about Facebook strategy, past and future

"We're not a social network company, we're a human connection company," the celebrated founder recently said.

Meta Stock Rising Ahead Of Q3 Earnings. Investors Watching AI Spending, Ad Strength.

Meta Stock Rising Ahead Of Q3 Earnings. Investors Watching AI Spending, Ad Strength.

Meta stock has rocketed up more than 500% from its late 2022 nadir but faces a test of its strength Wednesday with q3 due.

Investors Business Daily

Meta layoffs strike employees across the board to 'better align' with its goals

Meta layoffs strike employees across the board to 'better align' with its goals

A report surfaced, stating Meta has hit several of its teams with another wave of layoffs late in 2024.

Android Central

Zuckerberg Bets Big On AI Smart Glasses. But Can Meta Outfox Apple And Google?

Zuckerberg Bets Big On AI Smart Glasses. But Can Meta Outfox Apple And Google?

Meta stock investors don't love the huge metaverse losses but Zuckerberg believes the firm can deliver tech's next platform.

Investors Business Daily

Meta's quest for 'efficiency' sparks new wave of layoffs

Meta's quest for 'efficiency' sparks new wave of layoffs

For at least the third time this year, Meta laid off several dozen workers.

Meta lays off staff at WhatsApp and Instagram to align with 'strategic goals'

Meta lays off staff at WhatsApp and Instagram to align with 'strategic goals'

Meta says it has laid off some employees, including staff at WhatsApp And Instagram, to realign its resources with its “strategic goals.”

The Independent UK

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International Business Times

Meta Lays Off Employees At WhatsApp, Instagram And Reality Labs

Meta spokesperson Dave Arnold said some teams were making changes to align with the company's long-term strategic goals and location strategy.

HoloLens 2 cancellation could mean we'll finally see the Meta and Xbox VR headset, and I'm excited

Microsoft HoloLens 2 might be on its way out, but I'm excited that it means we might finally see the Meta and Xbox VR headset.

Veteran fund manager revamps Facebook parent stock price target after conference

Meta Platforms' latest announcements prompt a review by a longtime asset manager.

Investors Business Daily

Meta Tests Top Of Buy Range With Analysts Bullish On AI, Metaverse Products

Meta stock analysts were largely positive about the AI and metaverse related products Mark Zuckerberg revealed at Connect.

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Is Outperforming Meta Platforms Stock Still a Good Buy Right Now?

Meta Platforms stock continues to soar, outpacing the S&P 500 with a staggering 77% surge over the past year. But after such a substantial rise in its stock price, can Meta keep up the momentum?

Android Central

Report suggests Quest Pro 2 has been canceled, but a Meta exec says that's not the whole story

A report claimed that Meta has stopped developing the Quest Pro 2, but the company's CTO Andrew Bosworth has more to say.

Android Central

News Weekly: Google is a monopoly, Meta closes a first-party VR studio, new Google hardware, and more

Google holds an illegal monopoly, according to a judge. Meta also closed a major first-party VR developer studio, Google launched new hardware devices, Garmin makes some useful changes to its store, and California may soon enable digital IDs on Google Wallet.

Lone Echo developer Ready at Dawn has reportedly been closed by Meta

Meta acquired the studio in 2020.

Android Central

Exclusive: Meta is closing a beloved first-party Quest studio

Oculus Studios is shrinking a bit today as one major studio, Ready at Dawn, is closing its doors due to wider Reality Labs budget cuts.

A decade after buying Oculus VR, Meta's Reality Labs' losses are spiralling out of control, with no end in sight

$10 billion loss in 2020, $16 billion loss in 2023—and it's only going to get worse, says Meta.

Android Central

Meta Q2 2024 earnings call highlights AI successes and a $50 billion problem

Here's everything we learned about Meta's AI plans, its Reality Labs losses, and more.

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