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Meta’s metaverse layoffs apparently include some of its VR studios

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...

2dThe VergeTechnologyImpact

Meta confirms Reality Labs layoffs and shifts to invest more in wearables

Around 10 percent of Meta's Reality Labs division, which develops its XR products and services, will be laid off beginning on Tuesday, as reported by Bloomberg . Meta spokesperson Tracy Clayton confir...

2dThe VergeTechnologyImpact

PC shipments just grew unexpectedly amid RAM shortages

Lenovo is the top PC manufacturer worldwide. The PC market is bracing for a turbulent year ahead , but shipments managed to exceed expectations in the recent holiday quarter. IDC reports that shipment...

2dThe VergeTechnologyImpact

Xreal sues Viture over AR glasses patent

Xreal is filing against competitor Viture, which also makes AR glasses. You know a gadget category is starting to go mainstream when patent lawsuits start cropping up. Today, Xreal filed a lawsuit in ...

8hThe VergeTechnologyImpact

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,...

12hThe VergeeconomicsImpact

Verizon’s wireless network is down for many people nationwide

The first big outage of 2026 is here, as Verizon customers across the US, including several of our phones, complain that service has been spotty or nonexistent since just after noon ET, with phones sw...

1dThe VergeTechnologyImpact

She and 4 friends quit their jobs to make a mobile game. Now, they've raised $30 million in a Series A led by A16z.

Irem Sumer is the CEO and cofounder of Talemonster Games. Talemonster Games Talemonster Games raised $30 million in Series A funding led by Arcadia and Andreessen Horowitz. CEO Irem Sumer and her team...

1dBusiness InsiderTechnologyImpact

Tesla to stop selling FSD as a standalone package and switch to subscription only

Tesla Model Y electric vehicles (EV) at a dealership in Colma, California, US, on Tuesday, July 1, 2025. As its sales continue to slip and its robotaxi strategy seems to falter , Tesla CEO Elon Musk s...

1dThe VergeTechnology

Tech executives bet big on AI. Their workers are being tasked with proving they were right.

Getty Images; Alyssa Powell/BI This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here . First came efficiency. Then came i...

12hBusiness InsiderTechnologyImpact

Business spending on OpenAI models jumps to a record, new data shows

OpenAI CEO Sam Altman Florian Gaertner/Photothek via Getty Images/Reuters OpenAI leads enterprise AI adoption, far outpacing Anthropic and Google, according to new data. Ramp data shows 46.6% of US bu...

15hBusiness InsiderTechnologyImpact

I made over $30,000 from my side hustles this year. The extra money is great, but I felt like I never stopped working.

The author has a corporate job but also freelances as a writer and teaches mahjong. Courtesy of the author Freelance writing for various media outlets and teaching mahjong helped me generate over $30,...

10hBusiness InsiderlifestyleImpact

The 10 best states to raise a family

Maskot/Getty Images/Maskot WalletHub , a personal finance company, released its "Best and Worst States to Raise a Family" list. The company compared all 50 states across five categories, inclu...

7hBusiness Insidereconomics

David Ellison's Paramount suffers a setback in its legal fight with Warner Bros. Discovery

David Zaslav is chief of Warner Bros. Discovery, left, which just rejected Paramount Skydance CEO David Ellison's latest bid for Warners. JC Olivera/Variety via Getty Images; Patrick T. Fallon/AFP via...

8hBusiness Insidereconomics

Walmart's head of AI reveals the key difference between its shopping deals with Google Gemini and ChatGPT

AI chatbots are increasingly able to buy things on users' behalf, a concept known as agentic commerce. Philip Dulian/picture alliance via Getty Images OpenAI broke new ground when it enabled shopping ...

1dBusiness InsiderTechnology

Warren Buffett said he would have spent $100 billion without blinking — and cash is like 'oxygen' but 'not a good asset'

Warren Buffett is the CEO of Berkshire Hathaway. Nati Harnik/AP Warren Buffett didn't like Berkshire having so much cash and would have happily spent $100 billion. He compared cash to "oxygen"...

1dBusiness InsidereconomicsImpact

Jamie Dimon defends JPMorgan's tech spending to avoid getting 'left behind'

JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images Jamie Dimon defended JPMorgan's spending, especially on tech, during Tuesday's earnings call. He said the bank would stay ahead as it competes a...

2dBusiness InsidereconomicsImpact

Ford is so desperate for mechanics it's giving some of them free tools and Carhartt gear

Ford can't find enough mechanics to service its new cars. It's trying to create a pipeline of young workers with Carhartt. Anna Moneymaker/Getty Images Ford and Carhartt entered into a three-pronged p...

2dBusiness InsidereconomicsImpact

Point72 sells off stakes of fintech startups to Goldman Sachs and others

Steve Cohen is the owner of the New York Mets. Joe Raedle/Getty Images A new continuation vehicle has acquired stakes in Point72's fintech startups, a press release states. The new fund raised $280 mi...

1dBusiness InsidereconomicsImpact

The US ended 2025 with steady but elevated inflation in December

The Bureau of Labor Statistics published the December consumer price index data. Myung J. Chun/Los Angeles Times via Getty Images The inflation rate remained at 2.7% in December, matching expectations...

2dBusiness InsidereconomicsImpact

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...

1dBusiness InsidereconomicsImpact
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