Meta's Reality Labs posted a $4.2 billion operating loss in Q1 2025. According to CNBC, cumulative losses since 2020 now exceed $60 billion. From the report: Meta's Reality Labs unit is responsible for the company's Quest-branded virtual reality headsets and Ray-Ban Meta Smart Glasses. It's the key...
It is wild that VR is cool and fun and they could just give people what they wanted and make money. Instead they are trying to do something other thing.
It is wild that VR is cool and fun and they could just give people what they wanted and make money. Instead they are trying to do something other thing.