N-gated Hacker Newsπ₯ Meta's Reality Labs is on a noble quest to redefine "burn rate" by losing $60B in just 3 years. π€πΈ Who needs reality checks when you have virtual losses? π
https://meta.slashdot.org/story/25/05/01/206224/metas-reality-labs-has-now-lost-over-60-billion-since-2020 #MetaRealityLabs #BurnRate #VirtualLosses #TechNews #Innovation #HackerNews #ngated
https://meta.slashdot.org/story/25/05/01/206224/metas-reality-labs-has-now-lost-over-60-billion-since-2020 #MetaRealityLabs #BurnRate #VirtualLosses #TechNews #Innovation #HackerNews #ngated
Meta's Reality Labs Has Now Lost Over $60 Billion Since 2020 - Slashdot
Meta's Reality Labs posted a $4.2 billion operating loss in Q1 2025. According to CNBC, cumulative losses since 2020 now exceed $60 billion. From the report: Meta's Reality Labs unit is responsible for the company's Quest-branded virtual reality headsets and Ray-Ban Meta Smart Glasses. It's the key...