Facebook (META) Reality Labs lost $17.7 billion in 2024

This week, Meta disclosed its Q4 2024 earnings report on its investor relations site. In this announcement, the company revealed the breakdown of both its full-year revenue and expenses. For the period spanning 12 months, Meta Reality Labs contributed to a staggering loss of $17.7 billion. This figure represents an additional billion dollars in losses compared to Meta’s fiscal year 2023, which totalled $16.2 billion. In the last quarter of 2024 alone, Reality Labs recorded a loss of approximately $4.97 billion.

Tesla (TSLA) Q4 2024 earnings results miss EPS and revenue expectations

This week, Tesla (TSLA) published its earnings report on its investor relations website. The quarterly revenue they reported was $25.7 billion, which fell short of the $27.3 billion that analysts had anticipated on Wall Street. Additionally, their Earnings Per Share (EPS) failed to meet expectations, with a reported $0.73 per share compared to the forecasted $0.76 per share.

Xbox hardware revenue fell 29% in Q2 FY25

The anticipated drop in hardware income from Microsoft happened as predicted in their Q2 2024 financial report. In fact, the reported decrease was quite steep compared to the 3% increase in Xbox hardware sales between Q2 2023 and Q2 2024. The current 29% decline in Q2 2025 is striking, although it’s not surprising given we’re deep into this console generation. It’s important to remember that Microsoft has been concentrating more on software and services lately.

EA says Mass Effect 5 doesn’t need full studio support, moves some staff to other teams

In simpler terms, Gary McKay, who leads BioWare, published an update on their blog explaining changes in staffing at the studio. He clarified that their primary focus is now on creating Mass Effect 5, which means they don’t need all hands on deck right now. Instead, they have been carefully assigning many of their team members to other Electronic Arts teams that currently have open positions that suit their skills well.

Silent Hill 2 remake has sold over 2 million units

This week, Konami revealed a significant achievement for Silent Hill 2 along with an appreciation video on their official channel. The trailer highlights numerous accolades bestowed upon Silent Hill 2, but it’s not immediately clear that the game has sold over 2 million copies since its release in October. Meanwhile, Konami is reintroducing Silent Hill to the gaming world through various projects and experiences, with the remake serving as a key component of this revival.

Guilty Gear Strive on Switch is sturdy, but lacks crossplay

This edition of Guilty Gear Strive is quite comprehensive; it encompasses everything Arc System Works has made available for the game up until Queen Dizzy. This includes additional stages, music, all characters from Seasons 1 through 3, special features like the Digital Figure diorama mode and an extended Story Mode. Essentially, it offers everything Guilty Gear Strive has to provide in terms of content, ensuring you won’t miss out on any aspect of the game.