Reality Labs bleed grows but Zuckerberg vows ‘pivotal year’ for the metaverse
Reality Labs, the research arm of social media giant Meta Platforms, bled even more billions over the last quarter, but Meta ...
Zuckerberg promises 'a pivotal year for the metaverse' as its Reality Labs division continues to bleed cash
Meta's Reality Labs division has lost the company more than $60 billion since 2020 as investors and analysts question whether ...
Meta crushes Wall Street’s profit targets as Zuckerberg dismisses DeepSeek threat
This month, Zuckerberg also announced that Meta will shut down its third-party fact-checking teams in an effort to “restore ...
Daily Excelsior6h
How Mark Zuckerberg Fell for The Republican Right
Until pretty recently, if you thought of Meta CEO Mark Zuckerberg, you’d probably come up with a flesh-and-blood automaton ...
Your Story1h
Meta’s Q4 earnings soar as CEO Zuckerberg hints at a ‘really big year’
Meta concluded FY24 with $164.5 billion in revenue—a 22% annual growth, and a net profit of $62.4 billion—a 59% increase from ...
NBC Los Angeles7h
Meta's Reality Labs posts $5 billion loss in fourth quarter
Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...
Meta posts sharply higher Q4 profit, revenue, topping Wall Street’s expectations
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue ...
The Droid Guy8d
Mark Zuckerberg’s Bold Bet on the Metaverse
Zuckerberg has invested $16 billion annually into building a virtual world, known as the metaverse, that many are skeptical ...
Facebook boss Mark Zuckerberg blamed former lieutenant Sheryl Sandberg for pushing ‘inclusivity initiative’ in meeting with Trump aides: report
Stephen Miller told Zuckerberg that the billionaire mogul had “an opportunity to help reform America, but it would be on ...
Mark Zuckerberg’s Power Move: Meta CEO Reportedly Secures DC Property Amid Trump Ties
Mark Zuckerberg is reportedly buying property in Washington, D.C., fueling speculation about closer ties with Trump. Is ...
Meta earnings call: Investments draw spotlight after week's DeepSeek AI rout
Meta Platforms stock (META) had ticked up less than 1% after a somewhat delayed release to its Q4 earnings, but it rose 5% as ...
Zuckerberg promises 'a pivotal year for the metaverse' as its Reality Labs division continue to bleed cash
Meta's Reality Labs division continues to bleed billions of dollars — crossing $60 billion in losses since 2020. "This is also going to be a pivotal year for the metaverse," Meta CEO Mark Zuckerberg ...