Meta announced the Quest 3S, the latest virtual reality headset to come out of the company’s Reality Labs division and a cheaper offering than its predecessor. The device will go on sale on Oct. 15 ...

In Meta's first-quarter earnings report, the company said Reality Labs recorded an operating loss of over $4 billion while ...

Meta CEO Mark Zuckerberg's Reality Labs unit has lost more than $80 billion. But only some of that money was spent on metaverse projects. Much of it went to hardware projects like the Orion prototype ...

Meta is laying off several hundred employees on Wednesday, CNBC confirmed. The cuts are happening across several different organizations within the company, including Facebook, global operations, ...

Meta plans to slash around 10% of its Reality Labs business, according to The New York Times, its latest round of layoffs that will reduce the number of employees developing its virtual reality ...

With Meta (formerly known as Facebook) reporting on its Q4 2025 earnings results for the quarter, we also got a look at what the company spent in various divisions throughout the year and how the ...

Facebook parent company Meta has released its latest earnings report, and while the company made many billions of dollars in profit, not every business unit at the technology giant is profitable. The ...