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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

Why Wall Street's most data-obsessed investors are taking it slowly with generative AI

Quant asset managers haven't adopted AI en masse yet. Michael M. Santiago/Getty Images A new Bloomberg survey of quant investors found that 54% of respondents do not use generative AI for investing. A...

3dBusiness InsidereconomicsImpact

The TikTok deal is done, finally

Just over a year after it briefly disappeared from app stores, TikTok in the US is now part of a new entity, TikTok USDS Joint Venture LLC . With approval from both the US and China closing on the sch...

2dThe VergePoliticsImpact

Spotify is hiking prices again

Plans are increasing by $1-$2 per month. The price of Spotify Premium is about to jump again in the US , marking its third price hike since 2023. Spotify announced that subscribers in the US, Estonia,...

Jan 15The VergeeconomicsImpact

A16z raise $15B! Jerome Powell vs Trump! Crypto remains flat! Special Guest: Dudas!

Crypto majors are mostly flat headed into Monday open; btc even at $90,600; eth +1% at $3,110, sol +2% at $140; xrp -2% to $2.04. Ip (+20%) and xmr (+15%) led top movers; xmr hit a new ath at $590. Fe...

Jan 12Decryptcryptocurrency

We are centimillionaires. Here are the biggest money mistakes we made with our kids — and how we fixed them.

Bobby and Sofia Castro, center, have changed the way they approach money with their children by increasing transparency — and responsibility. Courtesy of Bobby and Sofia Castro Bobby and Sofia C...

1dBusiness InsidereconomicsImpact

A fallen billionaire's bulletproof Mercedes sold at bankruptcy auction for $63,000. Here's how it went down.

Joe Buglewicz for BI Business Insider took a deep-dive look at the bankruptcy auction of an armor-plated Mercedes. The auction was entirely online, and people placed 115 bids without kicking the tires...

Jan 17Business InsidereconomicsImpact

I just found out my boyfriend has $100,000 in debt. I want to marry him, not his debt — what should I do?

The offers and details on this page may have updated or changed since the time of publication. See our article on Business Insider for current information. Yana Iskayeva/Getty Images For Love & Money ...

Jan 16Business InsidereconomicsImpact

Sony’s TV business is being taken over by TCL

If the partnership goes ahead, TCL will have input into the development of future Sony Bravia TV models. Sony has announced plans to spin off its TV hardware business , shifting it to a new joint vent...

5dThe VergeeconomicsImpact

Ask Gavin Newsom: The future of capitalism is on the agenda at Davos

California Gov. Gavin Newsom says he will attend Davos to counter President Donald Trump. Justin Sullivan/Getty Images Business Insider is thinking a lot about the future of capitalism. So, it seems, ...

Jan 18Business InsiderPoliticsImpact

Polymarket Banned in Portugal, Hungary as Prediction Market Pushback Grows

Regulatory actions are ramping up globally even as prediction market companies claim they’re not offering gambling services....

4dDecryptPoliticsImpact

OpenAI brings advertising to ChatGPT in push for new revenue

$500bn start-up seeks ways to fund expansion and fend off competition from rivals Google and Anthropic...

Jan 16Financial TimesTechnologyImpact

Logical Intelligence brings LeCun on board as it touts AI breakthrough

Six-month-old US start-up launches new ‘energy based’ reasoning model as it targets $1bn-plus valuation...

3dFinancial TimesTechnologyImpact

EU readies €93bn tariffs in retaliation for Trump’s Greenland threat

Europe could also threaten to restrict US companies’ market access in run-up to crunch talks at Davos...

6dFinancial TimesPoliticsImpact

'Professional Money Launderer' Ordered to Pay UK $7.6M Over Zhimin Qian Case

The Crown Prosecution Service has given Zhimin Qian’s fixer Sen Hok Ling three months to cough up the funds....

1dDecryptcrimeImpact

Netflix highlights industry competition as it seeks Warner Bros deal approval

Streaming giant says it makes up a relatively low share of US ‘TV time’ in quarterly letter to shareholders...

4dFinancial Timeseconomics

How tech titans prospered in the first year of Trump’s return to power

Silicon Valley bosses who lined up behind the US president for his inauguration have fared well under his administration...

5dFinancial TimesPoliticsImpact

Trump threatens tariffs on allies over opposition to Greenland plan

US president redoubles his demands for the territory two days after countries agreed on setting up high-level working group...

Jan 16Financial TimesPoliticsImpact

Venezuela receives $300 million in funds from US oil sales

Interim president Delcy Rodriguez said the money from US sales of Venezuelan oil will be used to prop up the currency....

4dDeutsche WellePoliticsImpact

Polymarket sees January US gov't shutdown odds surge to 77%

The spike in Polymarket odds comes just days after United States President Donald Trump said “we’re probably going to end up in another Democrat shutdown.”...

9hCoinTelegraphPoliticsImpact
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