Meta Reality Labs reported a $4.4 billion loss in Q3 2024 as the firm continues to invest heavily in virtual and augmented reality. The company's latest earnings report showed expenses for the division rose 19% year-over-year to $4.7bn. Revenue for Reality Labs was $270 million, up 29% driven by hardware sales. ... [MORE]
Source: https://www.pocketgamer.biz/metas-vrar- ... 7-billion/
