Workflow
Virtual Reality (VR)
icon
Search documents
Sag: Meta is paving the way for the industry, not chasing quick profits
CNBC Television· 2025-09-29 11:59
All right. So, ahead of this event, you were actually quoted in an article saying, "The real question for these devices, this $799 display uh wearable is, does it make our lives better? And does it have the potential to make our lives better?" After what you heard there from Mark Zuckerberg during that event, do you do you have a sense of how it can actually make our lives better. >> Yeah, I I definitely do.I think that it's kind of an upleveling of the smart classes experience and kind of enables you to lo ...
Realize Medical and Canon USA Partner to Redefine Procedural Planning Through Spatial Computing with VR and Imaging Technology
Globenewswire· 2025-09-10 14:15
Collaboration aims to create the lab of the future, enabling safer, faster, and more precise interventions Key Benefits of Partnership  Integration of VR and imaging: Combines Realize Medical’s VR platform with Canon’s imaging solutions for an immersive and streamlined procedural planning experience. Enhanced clinical decision-making support: Enables safer, faster, and more precise interventions through advanced visualization. Future-ready technology: Builds the foundation for the connected, intelligent int ...
Meta's Reality Labs posts $4.53 billion loss in second quarter
CNBC· 2025-07-30 20:20
Core Insights - Meta is focusing on developing augmented reality (AR) products, exemplified by the introduction of the Orion AR glasses during the Meta Connect event [1][2] - The Reality Labs division, responsible for VR and AR products, reported significant financial losses while attempting to innovate in the immersive computing space [3][4] Financial Performance - In the second quarter, Reality Labs recorded an operating loss of $4.53 billion with sales of $370 million, which was better than analysts' expectations of a $4.99 billion loss and $381 million in sales [3] - Cumulative losses for Reality Labs have reached nearly $70 billion since late 2020, indicating the high costs associated with developing new technologies [4] Product Development and Market Response - Despite the challenges, the Ray-Ban Meta smart glasses have shown promising sales, with sales more than tripling year over year for the first half of 2025 [5] - The partnership with EssilorLuxottica has led to the launch of new products, including the Oakley Meta smart glasses, further expanding Meta's presence in the eyewear market [5]
Why Meta Platforms Stock Is Climbing Today
The Motley Fool· 2025-03-20 19:24
Meta Platforms (META 0.81%) stock is climbing higher Thursday despite a bearish backdrop for the broader market. The company's share price was up 1.1% as of 3 p.m. ET. Meanwhile, the S&P 500 (^GSPC -0.31%) was down 0.4%, and the Nasdaq Composite (^IXIC -0.46%) was down 0.6%.Meta's valuation is moving higher today following recent comments from company officials reaffirming support for virtual-reality (VR) initiatives. The company is playing a leading role in advancing VR, but it's been a costly initiative f ...