Meta posts a $2.96B Q1 loss from its Reality Labs division, up from a $1.8B loss last quarter, on revenue of $695M, and says Reality Labs has ~17,000 employees (Nelson Wang/CoinDesk)

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Nelson Wang / CoinDesk:

Meta posts a $2.96B Q1 loss from its Actuality Labs division, up from a $1.8B loss final quarter, on income of $695M, and says Actuality Labs has ~17,000 staff  —  The corporate previously often called Fb additionally reported income of $695 million the quarter for the lately damaged out division.





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