{
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  "path": "/260429/p50#a260429p50",
  "publishedAt": "2026-04-29T20:40:01.000Z",
  "site": "http://www.techmeme.com",
  "tags": [
    "CNBC",
    "Meta reports Reality Labs Q1 revenue of $402M, vs. $488.8M est., and a $4.03B operating loss, vs. $4.82B est.; Reality Labs has $80B+ in losses since late 2020"
  ],
  "textContent": "Jonathan Vanian / CNBC:\n**Meta reports Reality Labs Q1 revenue of $402M, vs. $488.8M est., and a $4.03B operating loss, vs. $4.82B est.; Reality Labs has $80B+ in losses since late 2020** — As Meta pumps increasing amounts of cash into artificial intelligence, the company's metaverse efforts continue to bleed money.",
  "title": "Meta reports Reality Labs Q1 revenue of $402M, vs. $488.8M est., and a $4.03B operating loss, vs. $4.82B est.; Reality Labs has $80B+ in losses since late 2020 (Jonathan Vanian/CNBC)"
}