Meta lost $3.7 billion in the third quarter in its Metaphors-focused Reality Labs division

Meta lost $3.7 billion in the third quarter in its Metaphors-focused Reality Labs division

GamesBeat Next unites gaming industry leaders for exceptional content, networking and deal opportunities. Join us in San Francisco on October 23-24. Register now Meta reported a loss of $3.7 billion in the third quarter in its Metaphors-focused Reality Labs division. In its quarterly call with analysts, Meta Chief Financial Officer Susan Lee said the company …

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With Microsoft’s cloud boom, Google parent Alphabet’s cloud division is missing revenue estimates

A sign is pictured outside Google’s office near the company’s headquarters in Mountain View, California, United States, May 8, 2019. Reuters/Parsh Dave/Photo File Get license rights Oct 24 (Reuters) – Google parent Alphabet’s ( GOOGL.O ) cloud business hit its slowest pace in at least 11 quarters, sending the company’s shares down 5.7 percent after …

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