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
The roughly 1,000 job cuts in Reality Labs come as Meta reallocates resources from the metaverse to AI wearables and mobile products....
Vietnam's Communist Party has handed To Lam another five-year term and endorsed a reform agenda aimed at transforming the economy by 2030....
Moldova plans to introduce its first crypto law in 2026, aligning with the EU’s MiCA framework while warning citizens about digital asset risks....
Polygon Labs CEO Marc Boiron told Cointelegraph that the acquisitions position the network as a regulated payments platform built to move stablecoins onchain at scale....
Michael Selig named two people as senior advisers, one of whom helped with a law firm‘s letter that led to an SEC no-action letter on crypto custodians....
Changes to how customers tip on Uber Eats and DoorDash have led to lower earnings for gig workers, according to a report from New York City. Artur Widak/NurPhoto via Getty Images Uber Eats and DoorDas...
Philip Vukelich for BI Three years out of law school , in 1990, David Goldschmidt landed the kind of assignment most young corporate lawyers only dream of: taking a company public. When a senior partn...
Getty Images; Tyler Le/BI In-house legal teams are moving faster with artificial intelligence. Teams now have access to tools that draft legal documents and compare terms across deals. The efficiency ...
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...
French insurer AXA’s Hong Kong unit, one of the city’s largest life and general insurers, has become the second insurance company to move its domicile to Hong Kong from Bermuda, according to a stateme...
A Hong Kong judge has said his decision to order the winding-up of bakery chain Taipan’s parent company is due to there being “no reliable evidence” that the business can settle its outstanding rent o...
Marvel’s Deadpool VR. Meta is laying off about 10 percent of its Reality Labs metaverse division, and the cuts apparently include closing down some of its VR gaming studios. It "appears" Twisted Pixel...
Powell typically abstains from directly engaging with Trump's personal attacks. Al Drago/Getty Images The world's most senior bankers have rallied around embattled Federal Reserve Chair Jerome Powell....
Sona and Mariam Sulakian. Filevine Legal tech giants like Harvey and Filevine are buying startups to add new features to their software. The consolidation is driven by increased demand for legal softw...
TikTok is officially under new ownership in the US, and that could spell big changes for the video-sharing app. On January 22nd , ByteDance - TikTok's Chinese parent company - and a group of investors...
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...
TikTok's CEO Shou Chew Tom Williams/CQ-Roll Call, Inc via Getty Images TikTok has finalized a deal to keep its business operating in the US. The deal, a US joint venture, involves a new set of investo...
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...
Exuberance for AI has led to fears of a bubble forming in the stock market in recent years. iStock; Rebecca Zisser/BI Jenny Xiao of Leonis Capital says there's a lag between AI research and investment...
The 1907 Crocker-McMillin mansion -- modeled after a Jacobean-Age English estate -- in all its slate-shingled and carved-limestone glory. Evan Joseph/Business Insider An opulent 1907 estate, overlooki...