Meta’s Reality Labs Losses: Why Even Tech Giants Need Risk Management Advisors
In 2024, Meta celebrated a landmark achievement—$165 billion in revenue, with a staggering 22% year-over-year growth. This growth was powered largely by Meta’s advertising business, bolstered by strategic investments in artificial intelligence and data infrastructure. But beneath the surface of this financial success lies a cautionary tale—a $17.7 billion annual loss from Meta’s Reality Labs,...