Reality Labs
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Latest Meta Layoffs 2026: Nearly 1,500 Employees Cut from Reality Labs
Meta is reportedly planning to cut thousands of jobs in its Reality Labs division. As per a report, the Menlo Park-based tech giant’s layoff can affect as much as 10 percent of the division’s total workforce of 15,000. It is said that multiple reasons have triggered the move, some of which include the large operational losses incurred by the di...
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Meta’s Reality Labs Chief Reportedly Summons Team for a Major All-Hands Meeting Next Week
Meta’s Reality Labs Head is reportedly calling for an urgent all-hands meeting next week. As per the report, it is internally being called the most important meeting of the year, raising alarms across the division. While the agenda was not disclosed, it is believed that the executive can take some decisive steps owing to the recurring losses suff...
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Apple’s Design Chief Responsible for Liquid Glass UI Reportedly Departs to Join Meta
Apple design chief Alan Dye is reportedly leaving the company to join Meta, where he will lead a new division focused on hardware, software and AI interfaces. Apple has confirmed longtime designer Stephen Lemay as his replacement. Dye, known for overseeing the Liquid Glass design language, is expected to become Meta’s Chief Design Officer on Dece...
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Meta Showcases Wristband That Supports Typing, Navigation Without a Keyboard or Mouse
Meta's Reality Labs has revealed its progress on a non-invasive wristband as a human-computer interaction (HCI) tool in a new peer-reviewed article. The device uses surface electromyography (sEMG) to interpret muscle signals and understand a user's intent to perform certain tasks. The aim is to translate subtle muscle movements into direct digital ...
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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 Considers New Mixed Reality Glasses as Headsets Alternative: Report
Internally code-named "Puffin", the new project is focused on designing an alternative to the heavy headsets offered by Facebook's parent company, which have a limited consumer appeal, the report added.
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Privacy, Wearables, and Building a Secure Web3 Ecosystem: Interview With Mai Labs
Mai Labs recently launched Mayaaverse, a metaverse platform that aims to set itself apart from Meta’s Reality Labs initiative. Gadgets360 spoke with Ashish Minocha, the Chief Business Officer as well as Khoushik Ananth, the Chief Technology Officer of Mai Labs to discuss the potential of the Web3 sector and metaverse platforms.
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Mark Zuckerbergs Metaverse Lost $21 Billion On Reality Labs In Roughly 18 Months
Reality Labs, the creation of Mark Zuckerberg, appears to be suffering some serious difficulties with a large loss of $21 billion in a very brief period of 18 months.
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Meta's AR, VR Product Roadmap for Next Four Years Leaked, AR Glasses Might Debut in 2027
Meta's AR and VR product plans for the next four years have leaked online. The Meta Quest 3 is expected to debut later this year. The second-generation Ray-Ban Stories is expected to go official this fall.
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Meta Spokesperson Denies Report of CEO Mark Zuckerberg Resigning in 2023
Meta spokesperson Andy Stone on Tuesday denied a report that CEO Mark Zuckerberg would step down in 2023. Stone was responding to a tweet with a news report that claimed that Meta's CEO would resign next year, stating that it was false.
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Meta's Metaverse-Linked Division Posts Losses Close to $3.7 Billion in Q3 2022
Facebook’s parent company Meta reported that its metaverse division Reality Labs lost $3.7 billion (roughly Rs. 30,476 crore) in the third quarter of this year, bringing its accumulated losses in 2022 to $9.4 billion (roughly Rs. 77,386 crore), according to its third-quarter financial report on Wednesday.
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Facebook Parent Meta Informs Hardware Staffers About Cutbacks, Ensures No Layoffs
Facebook owner Meta is preparing cutbacks in its Reality Labs division, during a weekly Q&A session. The division takes care of strategies to refocus on hardware products. The company is not planning any layoffs.
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Meta's Reality Labs Division Posts $2.9 Billion in Losses in Q1 2022, Zuckerberg Still Optimistic
Meta Platform's Reality Labs division — formerly known as Facebook’s Oculus division — has been spending increasing sums of capital on developing virtual reality and metaverse-related products, posting a $2.9 billion (roughly Rs. 22,970 crore) loss for Q1 2022.
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Facebook Owner Meta to Lift Veil off Its Metaverse Business Reality Labs
Meta Platforms will report its fourth-quarter results on Wednesday and investors will get a new window into the financial impact of CEO Mark Zuckerberg's current passion. Meta plans to break out the results of its augmented and virtual-reality hardware unit, Reality Labs, for the first time.
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Facebook Shifts Focus on Metaverse Division, to Spend About $10 Billion This Year
Facebook plans to invest $10 billion (roughly Rs. 74,963 crore) this year on its metaverse division — named Facebook Reality Labs — tasked with creating augmented reality (AR) and virtual reality (VR) hardware, software, and content.
-
Latest Meta Layoffs 2026: Nearly 1,500 Employees Cut from Reality Labs
Meta is reportedly planning to cut thousands of jobs in its Reality Labs division. As per a report, the Menlo Park-based tech giant’s layoff can affect as much as 10 percent of the division’s total workforce of 15,000. It is said that multiple reasons have triggered the move, some of which include the large operational losses incurred by the di...
-
Meta’s Reality Labs Chief Reportedly Summons Team for a Major All-Hands Meeting Next Week
Meta’s Reality Labs Head is reportedly calling for an urgent all-hands meeting next week. As per the report, it is internally being called the most important meeting of the year, raising alarms across the division. While the agenda was not disclosed, it is believed that the executive can take some decisive steps owing to the recurring losses suff...
-
Apple’s Design Chief Responsible for Liquid Glass UI Reportedly Departs to Join Meta
Apple design chief Alan Dye is reportedly leaving the company to join Meta, where he will lead a new division focused on hardware, software and AI interfaces. Apple has confirmed longtime designer Stephen Lemay as his replacement. Dye, known for overseeing the Liquid Glass design language, is expected to become Meta’s Chief Design Officer on Dece...
-
Meta Showcases Wristband That Supports Typing, Navigation Without a Keyboard or Mouse
Meta's Reality Labs has revealed its progress on a non-invasive wristband as a human-computer interaction (HCI) tool in a new peer-reviewed article. The device uses surface electromyography (sEMG) to interpret muscle signals and understand a user's intent to perform certain tasks. The aim is to translate subtle muscle movements into direct digital ...
-
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 Considers New Mixed Reality Glasses as Headsets Alternative: Report
Internally code-named "Puffin", the new project is focused on designing an alternative to the heavy headsets offered by Facebook's parent company, which have a limited consumer appeal, the report added.
-
Privacy, Wearables, and Building a Secure Web3 Ecosystem: Interview With Mai Labs
Mai Labs recently launched Mayaaverse, a metaverse platform that aims to set itself apart from Meta’s Reality Labs initiative. Gadgets360 spoke with Ashish Minocha, the Chief Business Officer as well as Khoushik Ananth, the Chief Technology Officer of Mai Labs to discuss the potential of the Web3 sector and metaverse platforms.
-
Mark Zuckerbergs Metaverse Lost $21 Billion On Reality Labs In Roughly 18 Months
Reality Labs, the creation of Mark Zuckerberg, appears to be suffering some serious difficulties with a large loss of $21 billion in a very brief period of 18 months.
-
Meta's AR, VR Product Roadmap for Next Four Years Leaked, AR Glasses Might Debut in 2027
Meta's AR and VR product plans for the next four years have leaked online. The Meta Quest 3 is expected to debut later this year. The second-generation Ray-Ban Stories is expected to go official this fall.
-
Meta Spokesperson Denies Report of CEO Mark Zuckerberg Resigning in 2023
Meta spokesperson Andy Stone on Tuesday denied a report that CEO Mark Zuckerberg would step down in 2023. Stone was responding to a tweet with a news report that claimed that Meta's CEO would resign next year, stating that it was false.
-
Meta's Metaverse-Linked Division Posts Losses Close to $3.7 Billion in Q3 2022
Facebook’s parent company Meta reported that its metaverse division Reality Labs lost $3.7 billion (roughly Rs. 30,476 crore) in the third quarter of this year, bringing its accumulated losses in 2022 to $9.4 billion (roughly Rs. 77,386 crore), according to its third-quarter financial report on Wednesday.
-
Facebook Parent Meta Informs Hardware Staffers About Cutbacks, Ensures No Layoffs
Facebook owner Meta is preparing cutbacks in its Reality Labs division, during a weekly Q&A session. The division takes care of strategies to refocus on hardware products. The company is not planning any layoffs.
-
Meta's Reality Labs Division Posts $2.9 Billion in Losses in Q1 2022, Zuckerberg Still Optimistic
Meta Platform's Reality Labs division — formerly known as Facebook’s Oculus division — has been spending increasing sums of capital on developing virtual reality and metaverse-related products, posting a $2.9 billion (roughly Rs. 22,970 crore) loss for Q1 2022.
-
Facebook Owner Meta to Lift Veil off Its Metaverse Business Reality Labs
Meta Platforms will report its fourth-quarter results on Wednesday and investors will get a new window into the financial impact of CEO Mark Zuckerberg's current passion. Meta plans to break out the results of its augmented and virtual-reality hardware unit, Reality Labs, for the first time.
-
Facebook Shifts Focus on Metaverse Division, to Spend About $10 Billion This Year
Facebook plans to invest $10 billion (roughly Rs. 74,963 crore) this year on its metaverse division — named Facebook Reality Labs — tasked with creating augmented reality (AR) and virtual reality (VR) hardware, software, and content.
