On Wednesday, during the second-quarter earnings report, Meta revealed significant financial challenges within its Reality Labs division. The unit, responsible for developing cutting-edge virtual reality and augmented reality technologies essential for fueling the metaverse, recorded a substantial operating loss of $3.7 billion. During the second quarter, the unit’s sales in ...
Read More »
Mark Zuckerberg, CEO of Meta, offered a glimpse of the company’s upcoming virtual reality headset, the Quest 3, during a teaser on Thursday. In an Instagram video, Zuckerberg revealed that the new headset will have a starting price of $499. The post highlighted that it will be the first headset ...
Read More »
After joining the company in January 2019, Manish Chopra, the Director and Head of Partnerships for Meta in India, has announced his resignation from the position. On LinkedIn, Chopra announced his departure from the company, but also stated that he will assist with the transition process in the coming weeks. ...
Read More »
Reports Stack News and Updates