While Facebook (META) reported beats on its revenue and EPS expectations for Q4 2023, the social media juggernaut continues to lose money on Facebook Reality Labs and doesn’t expect that trend to ...
Today, Facebook (META) reported its Q2 2024 earnings results. While the company beat analysts’ expectations in both earnings per share and revenue, Reality Labs continues to lose astronomical amounts ...
The first Big Tech layoffs of 2026 have happened. This week, Facebook owner Meta Platforms informed employees that up to 1,500 positions in its Reality Labs division would be eliminated. Here’s what ...