Meta has always been quick to spot opportunities for the next big thing. After acquiring the now tech giants Instagram and ...
Keir Finlow-Bates is not your typical blockchain expert. Known online as "Blockchain Gandalf," his LinkedIn tagline reads, "I ...
Meta chief technology officer Andrew "Boz" Bosworth said in an internal memo shared with Business Insider that the company's ...
While I do think that Meta went early with its metaverse-inspired rebrand, which has negatively impacted the perception of its next-level initiatives, there are growing signs that the metaverse is ...
Even with Meta’s deep pockets, there’s only so much cash it can burn—something Bosworth made clear in his memo. He called out ...
Meta is standing by their VR projects as their foot in the door for the Metaverse, but it's becoming an expensive investment.
Meta's Reality Labs division has lost the company more than $60 billion since 2020 as investors and analysts question whether ...
Tech group reveals it put $19.9bn into its Reality Labs division, which develops its smart glasses and headsets, last year ...
Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...
Meta’s latest financial performance puts the sizeable investment being made in the metaverse, a gamble which has now gained ...
"This is also going to be a pivotal year for the metaverse," Meta CEO Mark Zuckerberg confidently told investors on Wednesday. The unit, responsible for its virtual reality headset line "Quest ...