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Meta’s VR Headsets and AI Glasses Cost the Company $4.4 Billion in Q3 2025
Meta posted $56 billion in revenue for Q3 2025, up 26 percent year-over-year, but its Reality Labs division recorded a $4.4 billion loss, despite strong AI glasses sales. The unit, which handles Quest headsets and AR glasses, has now amassed over $70 billion in total losses since 2020, underscoring Meta’s continued struggle to make its metaverse ...
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Apple Executive Leading Siri Revamp Project Reportedly Snagged by Meta
Apple’s AI chief for Siri’s web-search revamp, Ke Yang, has reportedly left the company to join Meta. Yang led the “Answers, Knowledge and Information” team, developing a ChatGPT-like feature for Siri. His exit marks another key loss for Apple’s AI division, as multiple senior researchers have recently moved to Meta.
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"Broken Into Our Home": OpenAI Officer On Meta Poaching AI Talent
Mark Zuckerberg and Meta are spending billions to recruit top artificial intelligence talent, triggering debates about whether the aggressive hiring spree will pay off in the competitive generative AI race.
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Trump Tariffs Wiped $10 Trillion From Stock Markets. It's 50% Of EU Economy
The stock market rout triggered by US President Donald Trump's punishing tariff wars wiped over $10 trillion off major markets across the globe.
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Meta Employee Says He Was Fired For Sharing Already Public Info With Wife
He said he shared a portion of the internal post with his wife, ultimately leading to his job loss
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Meta’s Reality Labs Unit Posts $5 Billion in Losses in Q4 2024
Reality Labs logged a loss of $4.97 billion (roughly Rs. 43,040 crore) in Q4, 2024. In an attempt to explain losses for Reality Labs, Meta CEO Mark Zuckerberg said, “generative AI, Reality Labs generally are more technical organisations which means higher cost and space being relative for their business functions.”
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Meta Warns of Worsening AI Losses After Sales Narrowly Beat
Meta CEO Mark Zuckerberg said the company will ramp up heavy investments in AI and other futuristic technologies. The Meta executive has warned investors that the firm will continue to spend significantly on infrastructure and other projects like the metaverse and AI-powered glasses.
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Meta Cancels Plans for High-End Mixed-Reality Headset to Rival Apple Vision Pro: Report
Meta has scrapped its plans for a high-end mixed-reality headset, that could have rivalledd Apple's Vision Pro spatial computer, as reported by The Information. Employees in the Reality Labs division, which has incurred millions in losses to date, were instructed to halt their work on the project this week following a product review meeting, accord...
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Meta Looking to Hire Generative AI-Focused Workers on Metaverse Team After Layoffs
Meta is looking to hire employees to expand its foray in the generative AI space, as part of its metaverse team. As per a new job listing, could integrate GenAI with its metaverse-related efforts, including virtual reality (VR), augmented reality (AR), and mixed reality (MR) elements – that together make for components of the metaverse
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Meta Records 16 Percent Uptick in 2023 Annual Revenue, Metaverse Unit Still Under Loss
Meta managed to reel-in $134.9 billion in the year of 2023. On a yearly basis, Meta’s revenue spiked by 16 percent. It is, however, interesting that Meta’s Reality Labs unit has only seen losses since 2021.
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Mark Zuckerberg’s Podcast Interview as Photorealistic Meta Avatar Tickles People’s Metaverse Fancies
On September 28, Mark Zuckerberg appeared for a podcast interview with YouTuber and AI researcher Lex Fridman, but the venue of this interaction was the metaverse. In photorealistic Meta avatars, the two engaged in conversation about how Zuckerberg envisioned the future of virtual reality and the metaverse.
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Meta’s Reality Labs Continues to See Losses Despite Company Boasting 11 Percent YoY Spike in Revenue
Meta’s revenue climbed to $32 billion (roughly Rs. 2,62,377 crore) in the second quarter of 2023. The social networking giant did not disclose exactly how much its metaverse-related unit Reality Labs lose this quarter. It did however say, that its Reality Labs division could see more dips.
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US Antitrust Regulators Plan Tougher Big Tech Merger Guidelines
New draft guidelines released by U.S. antitrust enforcers on Wednesday lay the groundwork for tougher scrutiny of planned mergers by Big Tech companies like Amazon and Alphabet's Google. The Biden administration has taken a tougher stance on mergers, filing some aggressive challenges. It had two court losses just last week.
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Meta's 'Efficiency' Layoffs Left Staff In Limbo, "Anxious And Demotivated"
Meta Job Cuts: Meta Platforms Inc. employees received news Wednesday of the final round of previously announced job cuts, which affected thousands of workers in the company's business departments.
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Meta Investors Appeal to Revive Cambridge Analytica Fraud Case
Meta Platforms investors formally asked a US appeals court to revive a proposed class action accusing the Facebook parent of concealing a serious privacy breach that let a political consulting firm harvest users' personal information. The request came during oral arguments on Wednesday before the 9th US Circuit Court of Appeals in San Francisco ...
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Meta’s VR Headsets and AI Glasses Cost the Company $4.4 Billion in Q3 2025
Meta posted $56 billion in revenue for Q3 2025, up 26 percent year-over-year, but its Reality Labs division recorded a $4.4 billion loss, despite strong AI glasses sales. The unit, which handles Quest headsets and AR glasses, has now amassed over $70 billion in total losses since 2020, underscoring Meta’s continued struggle to make its metaverse ...
-
Apple Executive Leading Siri Revamp Project Reportedly Snagged by Meta
Apple’s AI chief for Siri’s web-search revamp, Ke Yang, has reportedly left the company to join Meta. Yang led the “Answers, Knowledge and Information” team, developing a ChatGPT-like feature for Siri. His exit marks another key loss for Apple’s AI division, as multiple senior researchers have recently moved to Meta.
-
"Broken Into Our Home": OpenAI Officer On Meta Poaching AI Talent
Mark Zuckerberg and Meta are spending billions to recruit top artificial intelligence talent, triggering debates about whether the aggressive hiring spree will pay off in the competitive generative AI race.
-
Trump Tariffs Wiped $10 Trillion From Stock Markets. It's 50% Of EU Economy
The stock market rout triggered by US President Donald Trump's punishing tariff wars wiped over $10 trillion off major markets across the globe.
-
Meta Employee Says He Was Fired For Sharing Already Public Info With Wife
He said he shared a portion of the internal post with his wife, ultimately leading to his job loss
-
Meta’s Reality Labs Unit Posts $5 Billion in Losses in Q4 2024
Reality Labs logged a loss of $4.97 billion (roughly Rs. 43,040 crore) in Q4, 2024. In an attempt to explain losses for Reality Labs, Meta CEO Mark Zuckerberg said, “generative AI, Reality Labs generally are more technical organisations which means higher cost and space being relative for their business functions.”
-
Meta Warns of Worsening AI Losses After Sales Narrowly Beat
Meta CEO Mark Zuckerberg said the company will ramp up heavy investments in AI and other futuristic technologies. The Meta executive has warned investors that the firm will continue to spend significantly on infrastructure and other projects like the metaverse and AI-powered glasses.
-
Meta Cancels Plans for High-End Mixed-Reality Headset to Rival Apple Vision Pro: Report
Meta has scrapped its plans for a high-end mixed-reality headset, that could have rivalledd Apple's Vision Pro spatial computer, as reported by The Information. Employees in the Reality Labs division, which has incurred millions in losses to date, were instructed to halt their work on the project this week following a product review meeting, accord...
-
Meta Looking to Hire Generative AI-Focused Workers on Metaverse Team After Layoffs
Meta is looking to hire employees to expand its foray in the generative AI space, as part of its metaverse team. As per a new job listing, could integrate GenAI with its metaverse-related efforts, including virtual reality (VR), augmented reality (AR), and mixed reality (MR) elements – that together make for components of the metaverse
-
Meta Records 16 Percent Uptick in 2023 Annual Revenue, Metaverse Unit Still Under Loss
Meta managed to reel-in $134.9 billion in the year of 2023. On a yearly basis, Meta’s revenue spiked by 16 percent. It is, however, interesting that Meta’s Reality Labs unit has only seen losses since 2021.
-
Mark Zuckerberg’s Podcast Interview as Photorealistic Meta Avatar Tickles People’s Metaverse Fancies
On September 28, Mark Zuckerberg appeared for a podcast interview with YouTuber and AI researcher Lex Fridman, but the venue of this interaction was the metaverse. In photorealistic Meta avatars, the two engaged in conversation about how Zuckerberg envisioned the future of virtual reality and the metaverse.
-
Meta’s Reality Labs Continues to See Losses Despite Company Boasting 11 Percent YoY Spike in Revenue
Meta’s revenue climbed to $32 billion (roughly Rs. 2,62,377 crore) in the second quarter of 2023. The social networking giant did not disclose exactly how much its metaverse-related unit Reality Labs lose this quarter. It did however say, that its Reality Labs division could see more dips.
-
US Antitrust Regulators Plan Tougher Big Tech Merger Guidelines
New draft guidelines released by U.S. antitrust enforcers on Wednesday lay the groundwork for tougher scrutiny of planned mergers by Big Tech companies like Amazon and Alphabet's Google. The Biden administration has taken a tougher stance on mergers, filing some aggressive challenges. It had two court losses just last week.
-
Meta's 'Efficiency' Layoffs Left Staff In Limbo, "Anxious And Demotivated"
Meta Job Cuts: Meta Platforms Inc. employees received news Wednesday of the final round of previously announced job cuts, which affected thousands of workers in the company's business departments.
-
Meta Investors Appeal to Revive Cambridge Analytica Fraud Case
Meta Platforms investors formally asked a US appeals court to revive a proposed class action accusing the Facebook parent of concealing a serious privacy breach that let a political consulting firm harvest users' personal information. The request came during oral arguments on Wednesday before the 9th US Circuit Court of Appeals in San Francisco ...
