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A decade after buying Oculus VR, Meta's Reality Labs' losses are spiralling out of control, with no end in sight

Despite producing one of the best VR headsets around, the Quest 3, Meta's Reality Labs division just isn't making any money. Nearly $2 billion of revenue in 2023 was completely swallowed by $18 ...
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Meta Quest 3 review: powerful augmented reality lacks the games to back it up

The Quest 3, Meta's new stand-alone VR headset, outshines its predecessor in nearly every way. But while you get more power for the $500, it's really designed to do something the Quest 2 couldn't: ...