Revenues for Meta’s Reality Labs division have plummeted $3.7 billion for the second quarter (Q2), the tech giant revealed in its financial reports on Wednesday. For the tech enterprise, it cited numerous issues affecting its operations. These have included restructuring costs, facility consolidation, costs accrued from severance pay plans, and research and development (R&D). In […]
Samsung Revenue Drops as it Enters the XR Market
Today, international electronics vendor Samsung released its Q2 earnings report, highlighting massive financial losses as the firm moves towards producing XR devices and components. In its recorded earnings, Samsung revealed that its Q2 net profits fell by 84.5 percent from last year to $1.4 billion. Moreover, its total revenue fell by 22 percent to $47 […]
Meta Quest Pro vs Apple Vision Pro: Which is Best?
Meta Quest Pro vs Apple Vision Pro: which “Pro” headset is really going to change the way we think about immersion forever? Meta and Apple have contributed significantly to the hype in the XR industry in the last few months. Apple finally announced its first “spatial computing” headset after years of speculation in June this […]
Instagram Stories: Creation to Conversion for Marketers
Want to convert more followers on Instagram? Wondering how Stories can help you close more business? To discover how to convert with Instagram Stories, I interview Chelsea Peitz.
Guest: Chelsea Peitz | Show Notes: socialmediaexaminer.com/573
Review our show on Apple Podcasts.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Reddit Tests its Own Verification Markers with ‘Official’ Profile Tags
The ‘Official’ tags will be displayed on a small number of approved accounts.
YouTube Previews Updated Functional Navigation in the YouTube Studio App
The updates will make it easier to navigate YouTube Studio.
Meta Posts Strong Q2 Results as Facebook Crosses 3B Monthly Active Users
Meta’s latest performance update shows enduring strength in its ad business.
Meta’s XR Revenue Down 39% “due to lower Quest 2 sales,” as Quest 3 & Vision Pro Loom
Meta’s latest quarterly results show its Reality Labs XR division is again reporting an operating loss just south of $4 billion. Now, for its Q2 2023 results, the company says Reality Labs’ revenue was down by 39% due to lower Quest 2 sales, making for the worst quarterly performance in the past two years. Meta […]
Astrobee Powered Off; Crew Completes Payload Maintenance and Preps for Upcoming Missions
The Expedition 69 crew members carried out more station maintenance activities today aboard the International Space Station as they gear up for a busy month of mission events in August. NASA astronaut Stephen Bowen was tasked with troubleshooting water supply hoses and replacing connections in the Glovebox Freezer, which integrates into the Life Sciences Glovebox …