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Top Stories Tamfitronics What can we say about Reality Labs at this point? The embattled AR, XR, and metaverse division continues to double as a cash-hungry furnace within parent company Meta.The business lost $4.5 billion during the second quarter ended June 30, 2024. That's significantly more than the $3.7 billion loss it recorded this time last year.It's a trend that has come to define Reality Labswhich reported full-year losses of $16.1 billion and $13.7 billion across 2023 and 2022but Meta remains bullish about its prospects.Losses expected to "increase meaningfully" year over yearDiscussing Meta's latest fiscal resultscompany CFO Susan Li said operating losses within Reality Labs are expected to "increase meaningfully year-over-year due to our ongoing product development efforts and investments to further scale our ecosystem."She noted Reality Labs actually delivered a 28 percent...