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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...

2dIGNTechnologyImpact

The 25 Bestselling Cars, Trucks, and SUVs of 2025

Pickup trucks and SUVs continue to top the sales charts in the United States, while a few affordable sedans hang onto the remaining spots....

1hCar and Driverautomotive

Bitcoin and Ethereum Waver–Why Did Trading Volume Drop?

Bitcoin, Ethereum, and the broader crypto market cooled after a busy week on Capitol Hill...

4hDecryptcryptocurrencyImpact

Goldman and Morgan Stanley investment bankers ride dealmaking wave

Chief David Solomon says Goldman had largest backlog of deals since pandemic...

1dFinancial Timeseconomics

Elon Musk wants to dominate the in-flight internet market. Here are all the airlines that now offer Starlink WiFi.

British Airways announced a deal with Starlink in November. Courtesy of British Airways Lufthansa is the latest airline to sign up for Elon Musk's Starlink WiFi. 31 carriers have announced deals for t...

2dBusiness InsiderTechnology

Nvidia is staffing up as it draws heightened scrutiny. These are the key leaders it gained and lost last year.

Jensen Huang Patrick T. Fallon / AFP via Getty Images Nvidia has added key marketing, policy, and HR executives over the past year. Several senior software acqui-hires came via startup deals. Executiv...

1dBusiness InsiderTechnologyImpact

Web3 revenue shifts from blockchains to wallets and DeFi apps

A growing amount of the blockchain industry’s fees are captured by DeFi protocols rather than the underlying networks, signaling a potential investor shift to front-end facing applications....

6hCoinTelegraphTechnologyImpact

How AI crypto trading will make and break human roles

AI is spreading across crypto trading, heightening fears of displacement even as human traders remain responsible for key decisions....

1dCoinTelegraphTechnology

Polygon Labs Bolsters Stablecoin Payments Push, Acquiring Coinme and Sequence

Polygon Labs signaled that it’s becoming a regulated payments company by acquiring Coinme and Sequence for a combined $250 million....

3dDecryptcryptocurrency

US and Taiwan strike trade deal tied to $250bn chip investment

Agreement will reduce tariffs on goods from the island to 15% and will ease tensions between the two countries...

23hFinancial TimesPoliticsImpact

THEN AND NOW: Vintage photos show how department stores have changed

Department stores, then and now. Bettmann/Getty Images ; Kamil Krzaczynski/Getty Images Department stores have changed dramatically over the last 100 years. Department stores once sold necessities. No...

1dBusiness InsidereconomicsImpact

Chainlink, Cardano and Stellar Futures Begin Trading on CME Next Month

CME Group plans to launch Cardano, Chainlink, and Stellar futures on February 9, pending approval....

1dDecryptcryptocurrencyImpact

Microsoft is closing its employee library and cutting back on subscriptions

Microsoft’s headquarters in Redmond, Washington. | Image: Getty Images Microsoft's library of books is so heavy that it once caused a campus building to sink, according to an unproven legend among emp...

1dThe VergeTechnologyImpact

Sygnum sees tokenization and state Bitcoin reserves taking off in 2026

Sygnum predicts US crypto regulation could spur sovereign Bitcoin reserves and accelerate tokenized bond issuance by major financial institutions in 2026....

1dCoinTelegraphcryptocurrencyImpact

AI concerns and slow growth put brakes on EU job market

The pandemic gave workers increased options as home offices became the norm in some fields. Now, with the EU experiencing industrial slowdown and AI automation, workers are growing increasingly wary o...

4dDeutsche Welleeconomics

Powell criminal probe upends Trump's search for a new Fed chair

White House economic advisor Kevin Hassett (left) and former Fed Gov. Kevin Warsh are leading prediction market odds for the likehood of becoming President Donald Trump's pick to lead the Federal Rese...

3dBusiness InsiderPoliticsImpact

KBC Bank to launch Bitcoin and Ether trading in Belgium under MiCA

Belgian bank KBC will launch bitcoin and ether trading for retail investors via its Bolero platform as Belgium’s MiCA regime comes into force....

11hCoinTelegrapheconomicsImpact

CME Group to expand crypto futures with Cardano, Chainlink and Stellar contracts

The planned altcoins listings will expand CME’s regulated crypto derivatives contracts beyond Bitcoin, Ether, XRP and Solana....

1dCoinTelegraphcryptocurrencyImpact

US bank results live: Goldman Sachs and Morgan Stanley to report earnings

Investment banking divisions expected to shine for traditional Wall Street rivals after year of rising animal spirits...

1dFinancial TimeseconomicsImpact

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...

2dBusiness InsidereconomicsImpact
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