In 2022, Meta has been focusing more on its commercial VR market operations due to the pandemic changing the way people work. Besides the Meta Quest Pro's emphasis on commercial use, Meta also ...

Advertising income has begun to slow as fears of a 2023 recession mount. As it creates the metaverse, Meta continues to lose large amounts of money, some $9.4 billion in the first nine months of 2022.

The hyperscalers and cloud builders are the toughest customers in the IT sector, demanding the highest performance at the lowest price and an ever-improving ratio between the two. They can be as tough ...

Meta Platforms Inc. brought in almost 30% of its revenue from Instagram in the first half of 2022, according to court filings that reveal for the first time how much money the popular photo and video ...

(Bloomberg/Ryan Vlastelica) — The huge checks Meta Platforms Inc. is writing to support its artificial intelligence ambitions are reminding some investors of the massive metaverse outlays that ...

Meta has pumped $36 billion into its Reality Labs division since 2019, an Insider analysis found. The division, comprising Meta's metaverse and VR businesses, made a $30.7 billion operating loss over ...