Meta’s Reality Labs Unit Posts $5 Billion in Losses in Q4 2024
Meta released its earnings report for Q4 2024 on Wednesday. According to the report, Reality Labs posted a loss of $4.97 billion (roughly Rs. 43,040 crore) in Q4 2024. The Meta subsidiary generated $1.1 billion (roughly Rs. 9,526 crore) in sales during the same period. In 2024, Meta’s total revenue stood at $164.50 billion (roughly … Read more