Find the latest technology news and expert tech product reviews. Learn about the latest gadgets and consumer tech products for entertainment, gaming, lifestyle and more.
25 September 2024, USA, Menlo Park: At the Meta Connect developer conference, Mark Zuckerberg , head of the Facebook group Meta, shows the prototype of computer glasses that can display digital objects in transparent lenses.
Photo: Andrej Sokolow/dpa Mark Zuckerberg says there's an end in sight to Reality Labs' years of multibillion-dollar losses following the company's layoffs to the metaverse division earlier this year. The CEO said he expects to "gradually reduce" how much money the company is losing as it doubles down on AI glasses and shifts away from virtual reality. Speaking during Meta's fourth-quarter earnings call, Zuckerberg was clear that the changes won't happen soon, but sounded optimistic about the division that lost more than $19 billion in 2025 alone. "For Reality Labs, we are directing most of our investment towards glasses and wearables going forward, while focusing on making Horizon a massive success on mobile and making VR a profitable ecosystem over the coming years," he said. "I expect Reality Labs losses this year to be similar to last year, and this will likely be the peak, as we start to gradually reduce our losses going forward."plans for third-party Horizon OS headsets. Instead, Meta is doubling down on its smart glasses and and wearables business, which tie in more neatly to Zuckerberg's vision for creating AI "During the call, Zuckerberg noted that sales of Meta's smart glasses "more than tripled" in 2025, and hinted at bigger plans for AR glasses. "They're going to be able to see what you see, hear what you hear, talk to you and help you as you go about your day and even show you information or generate custom UI right there in your vision," he said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Free rent, few takers: Despite incentives, labs aren’t taking space in San DiegoAsking rents have decreased for 14 consecutive quarters and landlords have given huge concessions. Still, biotechs aren’t biting.
Read more »
Pat McGrath Labs Filed for Chapter 11 BankruptcyPat McGrath Labs, founded by makeup artist Pat McGrath in 2015, has filed for Chapter 11 bankruptcy. Learn more about the filing and what it means for the makeup brand.
Read more »
Trump’s Pal Mark Zuckerberg Censoring Site That Names ICE & Border Patrol GoonsICE List says Meta is blocking its links after a leak that exposed the details of 4,500 federal immigration employees.
Read more »
Mark Zuckerberg was initially opposed to parental controls for AI chatbots, according to legal filingFind the latest technology news and expert tech product reviews. Learn about the latest gadgets and consumer tech products for entertainment, gaming, lifestyle and more.
Read more »
Meta Earnings Preview: Big AI Bets and Reality Labs Drag on OutlookMarket Analysis by covering: Meta Platforms Inc. Read 's Market Analysis on Investing.com
Read more »
Court Filing Reveals Something Very Nasty About Mark ZuckerbergAt Futurism, I focus on the intersection of technology and power -- using economics, history, and policy as a set of tools to explore the meaning behind today's chaotic headlines. As a writer, I'm interested in topics ranging from labor struggles to transit breakthroughs to startups nobody asked for.
Read more »