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The Latest Breaking News from Reality Labs

New Reality Labs prototypes show off a possible future for Quest hardware

Meta's new tech demos make you look like a robot or insect, and they're not ready for consumers, but they're the future of VR or mixed reality.

Android Central

Mark Zuckerberg’s Metaverse meltdown: Meta’s Reality Labs has lost $21 billion in roughly 18 months

Mark Zuckerberg’s Metaverse meltdown: Meta’s Reality Labs has lost $21 billion in roughly 18 months

Zuckerberg isn’t taking his foot off the gas, though.

Jim Cramer Heaps Doubt on Meta's Blowout Earnings Report

Jim Cramer Heaps Doubt on Meta's Blowout Earnings Report

Cramer likes to look at the bigger picture.

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Meta's pivot to AI and Threads is paying off, but Quest 2 profits are sagging

Until the Meta Quest 3 arrives, Reality Labs is only going to continue to hemmorage money. But the company's ad revenue is growing so strongly that it may not matter.

Android Central

Reality Labs posts a 2-year low in revenue, but Meta shares jump on revenue beat

The company exceeded expectations on revenue, reporting a quarterly figure of about $32 billion.

These are the best simple logos, as picked by the pros

Here are the most effective simple logos ever created, nominated by experts across the design industry.

Meta just laid off a bunch of employees right before its big VR showcase

The final wave of planned Meta layoffs has displaced an estimated 5,000 employees from the company just a week before Meta's big VR gaming showcase is to take place.

Android Central

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Just thinking about using my Meta Quest Pro in a car makes me want to hurl

Just thinking about using my Meta Quest Pro in a car makes me want to hurl

Meta's Reality Labs and BMW have teamed up to bring VR to your car, and I don't know if I love or hate it.

Will Shares of Meta Platforms Continue to Soar?

Will Shares of Meta Platforms Continue to Soar?

Explore the potential growth of Meta stock and learn what factors could drive its value higher in the ever-evolving world of tech and social media.

7 things you could buy with the $30B Meta has lost to VR and AR research

7 things you could buy with the $30B Meta has lost to VR and AR research

Is Twitter discounted yet?

This Week in the Metaverse: Zuckerberg tries to reconcile A.I. with the billions he’s already sunk into the metaverse

This Week in the Metaverse: Zuckerberg tries to reconcile A.I. with the billions he’s already sunk into the metaverse

Meta’s metaverse division, Reality Labs, lost nearly $4 billion in the first quarter—a billion dollars more than it lost in the same period last year.

Meta Platforms’ VR Workers Making An Unusual Salary Reported By The Washington Post

Meta Platforms’ VR Workers Making An Unusual Salary Reported By The Washington Post

The Facebook parent company has been hiring the best quality of talent to stay ahead of its competition in the metaverse.

Meta confirms Oculus Quest 3 will be affordable, but its VR business is on thin ice

Meta confirms Oculus Quest 3 will be affordable, but its VR business is on thin ice

The Oculus Quest 3 will be available at an "accessible" price according to Mark Zuckerberg, but how much longer can its VR losses continue?

Meta promises next-gen Quest VR headset coming at price 'accessible for lots of people'

Meta promises next-gen Quest VR headset coming at price 'accessible for lots of people'

But Reality Labs is costing Meta over one billion dollars a month and expected to increase more as the year progresses.

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Android Central

Meta's 'Year of Efficiency' is already starting to pay off

Meta reported its Q1 2023 financial earnings for the January-March period. The company saw more than $28 billion in revenue, following major layoffs and restructuring.

Meta employee accuses Mark Zuckerberg of shattering the 'morale and confidence in leadership of many high performers'

Meta’s first set of layoffs came in November 2022. After this week’s cuts, employees took to internal channels to point out the impact on morale.

Android Central

Meta finally realizes the Quest is for gaming, not for the Metaverse

Meta might be laying off more people across the company but its gaming divisions are said to be safe from the turmoil.

Mark Zuckerberg Delivers Very Bad News

Meta Platforms, the billionaire's social media empire, will reportedly cut thousands more jobs.

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Mark Zuckerberg Is About to Deliver Very Bad News

Meta Platforms, the billionaire's social media empire, will reportedly cut thousands more jobs.

Three of Meta’s top execs—including Mark Zuckerberg—are now spending most of their time on A.I.

The company behind Facebook and Instagram has no plans to sign the proposal to temporarily ban the development of advanced A.I., the Reality Labs chief confirmed.

Tech companies have been pouring billions into VR tech that teens don't really care about

Only 4% of teens use VR devices daily, according to a new survey, but companies like Facebook parent Meta continue to pump money into the tech.

Mark Zuckerberg Quietly Buries the Metaverse

The CEO of social-media giant Meta has sworn by AI, popularized by the chatbot ChatGPT.

Mark Zuckerberg and Wall Street are finally meeting in the middle on the metaverse

The Meta chief executive satisfied investors Wednesday by pledging to trim costs, but he’s still all-in on Reality Labs.

Meta's Reality Labs lost $13.7 billion in 2022—and just reported its worst quarter ever

CEO Mark Zuckerberg said the metaverse remains one of the company's top priorities.

The Guardian - UK

Thursday briefing: Mark Zuckerberg’s Meta cuts 11,000 jobs – is the Facebook founder’s empire falling?

In today’s newsletter: The social media titan is having its first major wave of layoffs since it began in 2004 – and it’s not the only tech company facing problems.

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