Meta’s Reality Labs reports Q2 losses surpassing $3 billion

  • Reality Labs recorded a $3.7 billion operating loss in Q2.
  • The unit generated $276 million in sales, below the projected $421 million.
  • Despite losses, Meta shares rose by 5% following an 11% revenue hike and positive Q3 forecast.
Join 2 million subscribers

A curated newsletter that summarizes the important news at the intersection of Global tech, India Tech and AI.

Delivered 8 AM. Daily.
nextbigwhat We would like to show you notifications for the latest news and updates.
Allow Notifications