Meta Platforms, Inc. has achieved strong revenue growth, with $36.5 billion in revenue and a 20% YoY increase. The company's advertising business remains the main driver of revenue, benefiting from ...
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A decade after buying Oculus VR, Meta's Reality Labs' losses are spiralling out of control, with no end in sight
Despite producing one of the best VR headsets around, the Quest 3, Meta's Reality Labs division just isn't making any money. Nearly $2 billion of revenue in 2023 was completely swallowed by $18 ...
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