After its Q3 Reports, Why is Meta Hiring at Reality Labs?
Meta has reportedly considered ramping up its hiring efforts in 2024 due to an ongoing “hiring underrun” in a bid ...
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Tag: Labs
Meta’s Reality Labs lost $3.7 billion in the last quarter, bringing its total losses since 2020 to almost $40 billion
In brief: Meta had its best third quarter in years, beating expectations and recording its largest quarterly revenue since going ...
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Meta loses $3.7B in Q3 in metaverse-focused Reality Labs division
GamesBeat Next unites gaming industry leaders for exceptional content, networking, and deal-making opportunities. Join us on Oct 23-24 in San ...
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Meta’s Reality Labs loses $3.7 billion in third quarter
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., demonstrates the Meta Quest Pro during the virtual Meta Connect event ...
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BAYC creator Yuga Labs completes restructuring to focus on metaverse
Yuga Labs, a company behind the major nonfungible token (NFT) project, Bored Ape Yacht Club (BAYC), has completed restructuring amid ...
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Meta ‘ruined’ the term metaverse, but now it’s evolving: Yuga Labs CEO
Big Tech player Meta gave the metaverse a bad name when it pushed its janky vision to the masses. Luckily, ...
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Play, Explore, Earn: Welcome to Football at AlphaVerse with Chiliz Labs
Chiliz has recently announced a collaboration with Crypto Blockchain Industries, aiming to integrate the Chiliz Chain within Football at AlphaVerse ...
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Yuga Labs to buy metaverse studio, Etihad NFT staking to take off and more
Yuga Labs accelerates Otherside planNonfungible token (NFT) conglomerate Yuga Labs has agreed to acquire the metaverse-building startup Roar Studios as ...
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Yuga Labs Acquires Roar Studios for Its Interoperable Metaverse
Yuga Labs, a leader in the web3 space and parent company of well-known entities such as Bored Ape Yacht Club ...
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Meta’s Reality Labs has now lost $40 billion, yet the company just had its best quarter since 2021
What just happened? It's easy to imagine that someone who had lost $40 billion on a business venture would decide ...
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Reality Labs losses top $7.7B year to date
Meta's metaverse-related losses topped $3.74 billion over the second quarter with the Big Tech player spending $7.7 billion on its ...
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Meta’s Reality Labs has now lost more than $21 billion
Meta reported second-quarter earnings on Wednesday and said that its Reality Labs unit, which develops virtual reality and augmented reality ...
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The Flash goes Web3, Yuga Labs still working hard on ‘audacious’ Otherside project and more
Warner’s The Flash goes Web3, to a lack of applause…Warner Bros.’ nonfungible token (NFT) unit has unveiled a new Web3 ...
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Meta’s Reality Labs lost $3.99 billion last year, bringing its total losses since 2020 to $30 billion
In brief: It seems that no matter how much money Meta's Reality Labs unit loses, Mark Zuckerberg refuses to give ...
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Meta’s Reality Labs Earnings Slump 51% in Q1 Reports
Meta Platforms released its first quarter (Q1) earnings report on Wednesday, indicating a massive loss of revenues for its Realitiy ...
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