Meta’s Reality Labs Posts $4.5 Billion Loss In Second Quarter
In the company’s second-quarter earnings report on Wednesday, Meta’s Reality Labs unit recorded an operating loss of $4.48 billion. CNBC reports: Since late 2020, the Reality Labs unit has generated cumulative losses of about $50 billion, underscoring CEO Mark Zuckerberg’s massive investments into the hardware and software that underpins what Read more…




