REALITY LABS
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Meta loses billions of dollars in quest to lead AR-VR market
The company is losing money at a rate of more than $1 billion per month since June 2022 on its AR/VR dream, according to GamesIndustry.biz.
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Meta's head of augmented reality software stepping down
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Facebook owner Meta starts final round of layoffs
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Meta prepares more layoffs across Facebook, WhatsApp, Instagram
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Meta is going ahead with metaverse plans despite Reality Labs losing billions
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Meta shuts down Elon Musk’s Starlink competitor, to split Connectivity division
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Meta shareholder wants Facebook parent to cut jobs, spending
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Facebook-owner Meta tells hardware staffers to prepare for cutbacks
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