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Roblox CFO Michael Guthrie is stepping down. Guthrie – who has worked at Roblox since 2018 and played a key role in the company’s stock market listing in 2021 – will stay on until a replacement is selected, after which he’ll depart to spend more time on his personal interests. For the three months ended…
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Meta published its second quarter earnings today, and has recorded a loss of $4.5 billion in its AR/VR Reality Labs division. This is the second reported loss of the year in this segment, with Reality Labs reporting a loss of $3.8 billion during its first quarter. Its Q2 revenue was up 28% year-over-year, largely driven…







