Meta breaks out its AR/VR-focused Reality Labs unit, reporting 2021 revenue of $2.3B, up from $1.1B in 2020, and losses of $10.2B in 2021, up from $6.6B in 2020 (Janko Roettgers/Protocol)

Janko Roettgers / Protocol:
Meta breaks out its AR/VR-focused Reality Labs unit, reporting 2021 revenue of $2.3B, up from $1.1B in 2020, and losses of $10.2B in 2021, up from $6.6B in 2020  —  Meta’s AR and VR ambitions come with a significant price tag: Meta’s Reality Labs unit lost $10.2 billion last year …