Facebook reality labs


Videos

Facebook Parent Meta’s Metaverse Unit Lost $13.7B Last Year

According to its earnings release Wednesday, Meta Platforms (META)'s Facebook Reality Labs (FRL) division, which comprises its augmented and virtual reality operations, lost $13.7 billion in 2022. "The Hash" panel discusses the outlook for Meta's metaverse ambitions.

CoinDesk placeholder image

Videos

Facebook Parent Meta Misses Revenue Estimates for Metaverse Division in Q3

Meta Platforms (FB) reported lower-than-expected third quarter revenue of just $285 million for its Facebook Reality Labs (FRL) division, which comprises its augmented and virtual reality operations. "The Hash" panel discusses what this means for Meta and its metaverse ambitions.

CoinDesk placeholder image

Pageof 1