Despite achieving one of its strongest quarterly revenue performances, Meta's Reality Labs, specializing in virtual and augmented reality (VR/AR), recorded an operating loss exceeding $4.6 billion in the last quarter of the fiscal year. The financial report for the fourth quarter of 2023 revealed a significant loss of $4.65 billion for Reality Labs, juxtaposed with an impressive revenue of nearly $1.1 billion. This marks the highest quarterly operating loss for the division since the fou...