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Meta Shuts 3 VR Studios and Lays Off Hundreds of Devs as It Pivots From Virtual Reality and the Metaverse to AI

Meta is laying off around 10% of staff at its Reality Labs division as part of sweeping cuts set to affect more than 1,000 people. This includes the closure of a number of VR-first studios, such as Tw...

Jan 14IGNTechnologyImpact

Solomon’s third act at Goldman Sachs may be the most dramatic

Wall St chief wants AI to reshape the bank but the question is how exactly it will measure success...

Jan 15Financial Timeseconomics

White House sets tariffs to take 25% cut of Nvidia and AMD sales in China

Semiconductor levies are designed to enact a deal Donald Trump cut with chipmakers to allow shipments of AI processors...

Jan 14Financial TimesPoliticsImpact

France PM survives no-confidence vote over forced budget

The French ​government survived two votes of no-confidence in parliament on ​January 23 that had been ​called over its decision ​to ram through the income part of the 2026 budget without giving the Na...

1dFrance 24PoliticsImpact

Chinese short-video giant Kuaishou taps global debt market with US dollar, yuan bonds

Chinese short-video platform Kuaishou Technology is pitching its debut offshore bond sale to professional investors, joining a wave of domestic tech companies raising funds in the global debt market. ...

Jan 14South China Morning PosteconomicsImpact

China, Canada poised to reset trade ties after Trump’s tariffs force rethink

Canada and China appear ready to kick-start trade talks after years of strained relations, with Canadian Prime Minister Mark Carney’s visit to Beijing this week coinciding with both countries question...

Jan 13South China Morning PostPoliticsImpact

Microsoft explains how it plans to keep energy prices down for Americans from its data center buildout

Donald Trump and Microsoft CEO Satya Nadella. Chip Somodevilla/Getty Images Microsoft unveiled a five-point plan to reduce AI data center impact on US communities. The company aims to reduce rising ut...

Jan 13Business InsiderTechnologyImpact

How Meta's Latest Job Cuts Compare to Recent Broader Tech Sector Layoffs

The roughly 1,000 job cuts in Reality Labs come as Meta reallocates resources from the metaverse to AI wearables and mobile products....

Jan 14DecryptTechnologyImpact

China to set GDP growth range, providing policy flexibility in 2026: sources

China’s government is likely to set this year’s economic growth target in a range between 4.5 per cent and 5 per cent, according to three sources briefed on the matter. Such a target would indicate a ...

2dSouth China Morning PosteconomicsImpact

Bitcoin's Four-Year Cycle Broken: VanEck

The investment manager sees a split Bitcoin outlook but is bullish on gold and AI stocks, as political risks challenge traditional market anchors....

Jan 13DecryptcryptocurrencyImpact

Martin Luther King Jr. was talking about a universal basic income before it was cool

Martin Luther King Jr. fought for both racial and economic equality. Michael Ochs Archives/Getty Images Martin Luther King Jr. fought for both racial and economic equality during his life. He argued f...

5dBusiness InsidereconomicsImpact

Trump hopes to chart course for Greenland to join the US as he head for Davos

Trump is arriving for the World Economic Forum at Davos on the heels of threatening tariffs on Denmark and seven other allies unless they negotiate a transfer of the semi-autonomous territory — a conc...

3dFrance 24PoliticsImpact

Mainland Chinese money to drive 10% rise in Hong Kong commercial property deals: Colliers

Surging mainland Chinese investment in Hong Kong’s commercial real estate sector has helped set the stage for a “measured recovery” in 2026, according to Colliers. Investment from the mainland rose to...

Jan 14South China Morning PosteconomicsImpact

Why the Tech World Thinks the American Dream Is Dying

Article URL: https://www.wsj.com/tech/ai/why-the-tech-world-thinks-the-american-dream-is-dying-daf793dc Comments URL: https://news.ycombinator.com/item?id=46668394 Points: 5 # Comments: 3...

6dHacker NewsTechnologyImpact

Hong Kong homebuyers snap up latest flats at Sierra Sea as SHKP set for another sell out

Sun Hung Kai Properties (SHKP), Hong Kong’s largest developer by market capitalistion, is poised to sell out another batch of units at its Sierra Sea project in the New Territories, the city’s largest...

3dSouth China Morning Postreal_estateImpact

Warhammer Maker Games Workshop Bans Its Staff From Using AI in Its Content or Designs, Says None of Its Senior Managers Are Currently Excited About the Tech

Warhammer maker Games Workshop has banned the use of AI in its content production and its design process, insisting that none of its senior managers are currently excited about the technology. Deliver...

Jan 13IGNTechnologyImpact

Trump's sweeping proposals for credit cards and student debt could be a big deal for other lenders

Proposed policy changes could lead more consumers to turn to private or personal loans. Tatiana Maksimova/Getty Images New caps on student-loan borrowing could prompt more Americans to turn to private...

Jan 14Business InsidereconomicsImpact

Chipotle's new PAC signals a change in how the company engages in politics

Chipotle quietly filed FEC paperwork to form a political action committee. Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images Chipotle has filed to form a PAC, allowing the compan...

2dBusiness InsiderPoliticsImpact

Grindr's internal product road map shows it wants to sell you more products — $120 million-worth

An internal product strategy document outlined Grindr's plans to expand its direct-to-consumer businesses. Spencer Platt/Getty Images Grindr aims to establish four successful direct-to-consumer busine...

Jan 14Business InsiderTechnologyImpact

Epic and Google have a secret $800 million Unreal Engine and services deal

A judge is questioning whether Epic Games and Google are settling their long-running antitrust fight partly because of a previously unannounced partnership involving the Unreal Engine, Fortnite, and A...

2dThe VergeTechnologyImpact
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