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Amazon expected to cut thousands more corporate jobs soon

Amazon CEO Andy Jassy Michael M. Santiago/Getty Images Amazon plans to lay off thousands of corporate employees in coming days. This second major round of Amazon layoffs since October would bring the ...

3dBusiness InsidereconomicsImpact

Vimeo lays off ‘large portion’ of staff after Bending Spoons buyout

Vimeo is laying off employees around the globe just months after the Italian software company Bending Spoons acquired the platform for $1.38 billion , as reported earlier by Business Insider . Even th...

3dThe VergeTechnologyImpact

Verizon’s prepaid services add a 365-day wait to unlock phones

It's been just one week since Verizon got permission to lift its 60-day phone unlocking period, and the carrier is already making changes to its policy. Now, Verizon says customers who activate a phon...

4dThe VergeTechnologyImpact

Meta has discontinued its metaverse for work, too

Two months before it changed its name to "Meta," Facebook CEO Mark Zuckerberg personally introduced us to his metaverse for work : Horizon Workrooms, envisioned as a virtual space for workers to colla...

Jan 16The VergeTechnologyImpact

Asus says it’s dropping the RTX 5070 Ti as the memory shortage squeezes supply

On Thursday, Hardware Unboxed reported that Asus is winding down production of its RTX 5070 Ti, saying, Asus "explicitly told us this model is currently facing a supply shortage and, as such, they hav...

Jan 15The VergeTechnologyImpact

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...

Jan 13The 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...

Jan 13The VergeTechnologyImpact

We want to hear how Gen Z's shopping habits are changing. Tell us in this survey.

Young people are increasingly shopping secondhand. NurPhoto/NurPhoto via Getty Images The secondhand fashion and luxury market has surged and is forecast to keep growing in 2026. Gen Z is driving some...

6dBusiness InsiderlifestyleImpact

What TikTok’s new owners mean for your feed

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...

2dThe VergeTechnologyImpact

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...

3dThe VergePoliticsImpact

How BYD beat Tesla

The Model S. The Mach-E. The Ioniq. The… Dolphin Surf? That's right, friends: There's a new biggest name in EVs, and it means you might soon be cruising down the highway in the Dolphin Surf. And you m...

5dThe VergeautomotiveImpact

Trump and Mid-Atlantic governors want tech companies to pay for new power plants

An Amazon Web Services data center in Ashburn, Virginia, US, on Tuesday, Oct. 28, 2025. | Photo: Getty Images The Trump administration and a bipartisan group of governors are pressuring the PJM Interc...

Jan 16The VergePoliticsImpact

600,000 Trump Mobile phones sold? There’s no proof.

Where's the Trump phone? We're going to keep talking about it every week . We've reached out, as usual, to ask about the Trump phone's whereabouts. As usual, we're still waiting for a response. In the...

Jan 16The VergePoliticsImpact

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...

Jan 14The VergeTechnologyImpact

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...

Jan 14Business InsidereconomicsImpact

Renaissance, Schonfeld, and Engineers Gate stung in a shaky start for quants in 2026

An Indian broker reacts while trading at a stock brokerage firm in Mumbai, January 22, 2008. Shares from Sydney to London sank for a second day on Tuesday, dragging commodity prices with them and prom...

2dBusiness InsidereconomicsImpact

David Sacks calls California wealth tax 'an asset seizure,' says it's 'not a one-time, it's a first time'

AI czar David Sacks Alex Brandon/AP White House AI czar David Sacks criticized the possibility of a California wealth tax. If the tax is ultimately approved, he said it will be "the beginning of s...

4dBusiness InsiderPoliticsImpact

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

Lawsuit Claims Hasbro Misled Investors Regarding Sales of Controversial Magic: the Gathering Anniversary Set

A new lawsuit filed by shareholders of Hasbro against the company and its directors alleges that company leadership has mismanaged Magic: The Gathering by overprinting sets of cards, thereby devaluing...

2dIGNeconomicsImpact

AI labs wage a reputational knife fight at Davos

Demis Hassabis, chief executive officer of DeepMind Technologies Ltd., during a panel session at the World Economic Forum (WEF) in Davos, Switzerland. | Image: Bloomberg via Getty Images This is an ex...

2dThe VergeTechnologyImpact
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