Reality Labs News

Meta Platforms Soars 11% Post-Earnings: A Deep Dive into Their Stellar Q2 Performance

Meta Platforms' Q2 2025 earnings beat forecasts, leading to an 11% stock surge. EPS rose 38% to $7.14, revenue climbed 22% to $47.5B, and net income jumped 36% to $18.3B. Despite R...

Meta Platforms Inc. Announces Significant Job Cuts in Reality Labs Division Amid Strategic Shifts

Meta Platforms Inc. has laid off employees in its Reality Labs division, primarily affecting Oculus Studios and some hardware teams. The restructuring aims to improve efficiency fo...

Meta Platforms Inc. Announces Significant Layoffs in Reality Labs Division Affecting Oculus Studios and More

Meta Platforms Inc. has laid off employees in its Reality Labs division, affecting Oculus Studios and hardware teams. The move aims to improve efficiency for future mixed reality p...