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  • Meta burned $19 billion on VR last year, and 2026 won’t be any better

    Image Credits:David Paul Morris/Bloomberg / Getty Images 4:20 PM PST · January 28, 2026 Earlier this month, Meta laid off 10% of the staff for Reality Labs, its virtual reality unit, reportedly cutting as many as 1,000 employees. Now, in a development that seems directly related, the company has revealed that the unit lost many...

  • Meta warns of potential ‘material loss’ on eve of US addictive design trials | MLex | Spec

    As Meta Platforms faces key trials in California and New Mexico in February on allegations that the addictive design of Facebook and Instagram caused a mental health crisis among US teens, the company's leadership repeated warnings that Meta risks "a material loss" in the outcome of the trials. Meanwhile, Meta said that its agreement with...

  • Wall St futures dip after Fed pause; Microsoft drags, Meta jumps post earnings By Investin

    Wall St futures dip after Fed pause; Microsoft drags, Meta jumps post earnings