Meta’s Reality Labs Faces $4.65B Quarterly Loss as Apple Vision Pro Hits the Shelves

Meta's Reality Labs Reports $3.7 Billion Loss in Q2, Stays Committed to Metaverse

Meta's latest earnings results, released on Wednesday, divulged that the unit managed to garner $276 million in revenue for the same quarter, a decline from last year's $452 million.

Meta Lost $13.7B on Metaverse Initiative in 2022

Meta expects losses for Reality Labs to increase in 2023.

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Hackless Pioneers B2B & B2C Security Tool for DeFi, Saving Nearly $500,000 for Clients

Press Release: DeFi protection solution, Hackless, is pioneering a new security tool which has so far saved funds worth just ...

Solana NFT Marketplace Magic Eden closes $130M Series B round at $1.6B valuation

Magic Eden accounts for over 90% of NFT trading volume on Solana.

B2Broker to Offer Annual Payments for its B2Core, MarksMan, and B2Trader products

B2Broker is happy to release the latest news that we now offer a new and improved annual payment plan for ...

Terra to burn $1.4B UST and stake 240M LUNA to ‘stop the bleeding’

The Terra Money Twitter account shared the finer points on Do Kwon's initial rescue plan: expanding the base pool, burning UST and staking LUNA.

Meta's Reality Labs loses $2.9 billion, Zuckerberg says: 'I admit it's expensive'

On Wednesday's first-quarter earnings call, Meta's Reality Labs unit posted a $2.9 billion loss, but Zuckerberg remained optimistic about profiting from the Metaverse in the future.

Ava Labs raises $350M at $5.25B valuation: Report

The raise comes as total value locked on the Avalanche blockchain remains steady at around $14.6 billion.

Meta’s Reality Labs posts $2.9B loss: ‘I recognize it’s expensive,’ says Zuck

Meta’s Reality Labs division posted a $2.9 billion loss in Wednesday’s Q1 earnings call, but Zuckerberg remains optimistic about future profitability from the Metaverse.