Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Reality Labs

Meta Looks To Cutback In Reality Labs In Its Quest For Metaverse

Facebook parent Meta Platforms, Inc (NASDAQ:FB) is preparing cutbacks in its Reality Labs division to refocus on hardware products and the "metaverse," Reuters reports. Meta was not planning layoffs as part of the changes. The division could not afford to do some projects anymore and postponed others. According to Reuters, Reality Labs lost…

Benzinga

Meta Platforms opens first retail store in US

Facebook owner Meta Platforms has opened its first physical retail store in Burlingame, California. It's located at the main campus of Reality Labs, the company's unit that produces hardware like virtual reality headsets or smart glasses. Meta has staked its future business on the idea of the metaverse, an immersive…

France 24

Facebook's Transformation Is Being Slowed by A Big Rival

Facebook wants to transform itself into a virtual reality company over the next decade.

The Street

From analysis to the latest developments in health,
read the most diverse news in one place.

What Mark Zuckerberg Said That Calmed Investors

Read the full remarks from Facebook's recent earnings call.

The Street

Facebook Parent Meta Calms Investors with Strong Profit

Facebook parent Meta on Wednesday reported better profit than expected in the recently ended quarter, calming investors worried about the toll of competition from TikTok and eased pandemic restrictions. Meta said it made a profit of $7.5 billion on revenue of $27.9 billion in the first three months of this…

Asharq Al-Awsat

Facebook Parent's Metaverse Division Loses Nearly $3B In Q1, But Mark Zuckerberg Wants To See It Through

Facebook parent Meta Platforms Inc (NASDAQ: FB) said in its first-quarter earnings report that its Facebook Reality Labs division incurred a loss of $2.96 billion in the period.

Benzinga

Meta Fourth-Quarter Earnings Live Blog

Real Money's Eric Jhonsa covers the Facebook parent's fourth-quarter earnings report and conference call with management.

The Street

Read news from The Economist, FT, and more,
with one subscription

1 2 3 4 5

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations