Facebook (META) Reality Labs lost $4.488 billion in Q2 2024
Reality Labs' losses continue with no expectations that will change any time soon.
Phoenix Labs reportedly lays off over one hundred employees
The studio has also canceled development of all projects except for Dauntless and Fae Farm.
Fae Farm, Dauntless Studio Phoenix Labs Lays Off Staff, Cancels In-Development Games
Phoenix Labs, the developer behind last year's Fae Farm and Dauntless, has laid off staff and canceled in-development games as part of a restructuring at the studio. Polygon's Nicole Carpenter…
Owlchemy Labs CEO on Apple Vision Pro, and the future of AR/XR Experiences
With the Apple Vision Pro now out in the wild, Owlchemy Labs CEO Andrew Eiche shared his thoughts on what it means for the VR landscape.
Facebook Reality Labs lost $3.846 billion during Q1 2024
The Meta company's VR division continued to be a billions-losing money sink in its Q1 2024 earnings results.
Owlchemy Labs’ Job Simulator & Vacation Simulator are heading to Apple Vision Pro
The Apple Vision Pro is about to get a couple of the hilarious simulator titles including their free content updates.
Company behind stablecoin TerraUSD Terraform Labs files for Chapter 11 bankruptcy
Things have gone downhill since the cryptocurrency was no longer able to maintain a one-to-one value with the US dollar.
Facebook (META) Reality Labs lost $3.742 billion in Q3 2023
Meta continues to see substantial losses from the Reality Labs division.
Vampire: The Masquerade – Bloodlines 2 dev talks picking up where Hardsuit Labs left off
The Creative Director also gives us some insight into how the team translates the 5th edition of VTM into an action-RPG.
Facebook (META) Reality Labs lost $3.7 billion during Q2 2023
Facebook continued its trend of losing money on Reality Labs in its latest quarter.