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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

Davos attendees are getting scammed by 'fake VIP passes' for the USA House

Scammers are selling fake VIP passes to the USA House. INA FASSBENDER / AFP via Getty Images Scammers are duping attendees of the World Economic Forum with fake VIP passes for the USA House. "Our ...

1dBusiness InsidercrimeImpact

Martin Luther King Jr. was talking about a universal basic income before it was cool

Martin Luther King Jr. fought for both racial and economic equality. Michael Ochs Archives/Getty Images Martin Luther King Jr. fought for both racial and economic equality during his life. He argued f...

3dBusiness InsidereconomicsImpact

Shopify's CEO says companies that hire founders often make a big mistake: Don't 'put them in like founder day care'

Shopify CEO says companies often undervalue founders and put them in a corner. Kevin Dietsch/Getty Images Shopify CEO Tobi Lütke said companies undervalue founders' experience and leadership. Lütke sa...

3dBusiness InsiderTechnologyImpact

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...

Jan 13Business InsiderPoliticsImpact

'A lot of rosy rhetoric, but the jobs numbers are just not there for Trump'

Speaking with FRANCE 24's Mark Owen, Gavin Bade, reporter on trade and economic policy at The Wall Street Journal, says that Donald Trump's tariffs policy may be 'already coming back to bite the US' a...

1dFrance 24PoliticsImpact

Disney's sluggish stock threatens to dent CEO Bob Iger's legacy

Disney's stock is casting a shadow over CEO Bob Iger. Variety/Getty Images; Getty Images; Tyler Le/BI A sluggish Disney stock threatens to dent CEO Bob Iger's legacy. The stock is far below its all-ti...

6dBusiness InsidereconomicsImpact

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

Gavin Newsom is heading to Davos with plans to call out Trump

California Gov. Gavin Newsom is headed to Davos. Justin Sullivan/Getty Images California Gov. Gavin Newsom plans to call out President Donald Trump at the World Economic Forum. Newsom has been a vocal...

5dBusiness InsiderPoliticsImpact

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...

Jan 13Business InsidereconomicsImpact

She was a first-generation college grad. Now, she has $55,000 in student loans and is postponing having kids.

Eryn Bostwick, 37, is delaying having kids because of her student loan debt. Courtesy of Eryn Bostwick Eryn Bostwick, 37, is postponing having kids due to her student-loan debt. As a first-generation ...

3dBusiness InsidersocietyImpact

French PM Lecornu forces 2026 budget through parliament without a vote

France's Prime Minister Sébastien Lecornu invoked Article 49.3 of the Constitution on Tuesday to force part of his 2026 budget ​bill through the deeply divided lower house of parliament ‍without a vot...

1dFrance 24PoliticsImpact

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...

2dThe VergeeconomicsImpact

Nike was the fastest-growing shoe brand on StockX last year — and it wasn't because of a sneaker

Nike released the ReactX Rejuven8 in early 2025. Sheldon Cooper/SOPA Images/LightRocket via Getty Images Nike was the fastest-growing shoe brand on StockX in 2025. It wasn't a sneaker that fueled a 5,...

Jan 15Business InsiderlifestyleImpact

Welcome to the era of the megamanager

Middle managers are taking on more direct reports after the "Great Flattening." dowell/Getty Images The average number of reports for managers is increasing as the "Great Flattening" p...

Jan 14Business 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...

Jan 14Business InsidereconomicsImpact

Meta is closing its VR workplace app amid Reality Labs layoffs

Meta has made the decision to discontinue Workrooms as a standalone app Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images Meta is switching off Horizon Workrooms as a stand-alone...

5dBusiness InsiderTechnologyImpact

Grindr's internal product road map shows it wants to sell you more products — $120 million-worth

An internal product strategy document outlined Grindr's plans to expand its direct-to-consumer businesses. Spencer Platt/Getty Images Grindr aims to establish four successful direct-to-consumer busine...

Jan 14Business InsiderTechnologyImpact

Protesters say 'unliveable to be a farmer in France today' as they condemn Mercosur deal

French farmers steered some 350 tractors on January 11 toward French Parliament to protest low incomes and an EU trade deal with South America that they fear threatens their livelihoods. They say thei...

Jan 13France 24PoliticsImpact

Boston Dynamics CEO told us how the humanoid robot revolution begins

Boston Dynamics CEO Robert Playter talked to Business Insider about how humanoid robots will transform the factory workplace. Sophia Tung Boston Dynamics revealed the latest iteration of Atlas, a 200-...

4dBusiness InsiderTechnologyImpact
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