CNBC:

Meta's Reality Labs Q2: revenue up 5% YoY to $370M, vs. $381M est., and a $4.53B operating loss, vs. $4.99B est.; Reality Labs has lost nearly $70B since 2020  —  Meta's Reality Labs, the unit tasked with building the futuristic metaverse, continues bleeding money.

CNBC:

Meta's Reality Labs Q2: revenue up 5% YoY to $370M, vs. $381M est., and a $4.53B operating loss, vs. $4.99B est.; Reality Labs has lost nearly $70B since 2020  —  Meta's Reality Labs, the unit tasked with building the futuristic metaverse, continues bleeding money.

Source: TechMeme
Source Link: http://www.techmeme.com/250730/p41#a250730p41