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Meta has laid off about 1,500 employees from its Reality Labs division, which focuses on virtual and augmented reality. This move signals a shift in strategy as the company reallocates resources from metaverse projects to developing AI technologies and wearables. The layoffs reflect ongoing challenges in monetizing its VR and AR initiatives, emphasizing the urgency for Meta to pivot toward more profitable ventures.
Latest News
| Title | Published |
|---|---|
90% of Nvidia's Customers Now Buy This -- and It's Not GPUs Nvidia has built an enormous networking business in just a few years. | about 3 hours ago |
Gene Munster Says Apple's Move From OpenAI's ChatGPT To Google Gemini Significantly Raises Chances Of New Siri Succeeding: 'Nice Job' Gene Munster Says Apple's Move From OpenAI's ChatGPT To Google Gemini Significantly Raises Chances Of New Siri Succeeding: 'Nice Job' | about 6 hours ago |
Gene Munster Says Apple's Move From OpenAI's ChatGPT To Google Gemini Significantly Raises Chances Of New Siri Succeeding: 'Nice Job' On Tuesday, Deepwater Asset Management's managing partner Gene Munster said that Apple Inc.'s (NASDAQ:AAPL) switch from OpenAI's ChatGPT to Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Gemini gives Siri a much stronger chance of success. Apple Partners With Google Gemini To Reinvent Siri Munster took to X and said, "Odds of new Siri succeeding just went up," while praising Apple CEO Tim Cook for turning long-standing Siri shortcomings into an opportunity for future device and services gro | about 6 hours ago |
‘It Makes No Sense To Me’: Nvidia’s Jensen Huang Slams Americans Who ‘Vilified Energy,’ Praises Trump for ‘Sticking His Neck Out’ Jensen Huang outlines how energy capacity underpins AI leadership, reframing U.S.–China competition as an infrastructure and industrial challenge. | about 6 hours ago |
Why Reddit (RDDT) Stock Is Nosediving Why Reddit (RDDT) Stock Is Nosediving | about 6 hours ago |
Why Reddit (RDDT) Stock Is Nosediving Shares of online community and discussion platform Reddit (NYSE:RDDT) fell 9.1% in the afternoon session after a report from an RBC analyst highlighted "challenging" feedback from advertising agency checks concerning small and medium-sized businesses. | about 6 hours ago |
Pure Storage, Inc. (PSTG): A Bull Case Theory Pure Storage, Inc. (PSTG): A Bull Case Theory | about 6 hours ago |
90% of Nvidia's Customers Now Buy This -- and It's Not GPUs
Nvidia has built an enormous networking business in just a few years.
Gene Munster Says Apple's Move From OpenAI's ChatGPT To Google Gemini Significantly Raises Chances Of New Siri Succeeding: 'Nice Job'
Gene Munster Says Apple's Move From OpenAI's ChatGPT To Google Gemini Significantly Raises Chances Of New Siri Succeeding: 'Nice Job'
Gene Munster Says Apple's Move From OpenAI's ChatGPT To Google Gemini Significantly Raises Chances Of New Siri Succeeding: 'Nice Job'
On Tuesday, Deepwater Asset Management's managing partner Gene Munster said that Apple Inc.'s (NASDAQ:AAPL) switch from OpenAI's ChatGPT to Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Gemini gives Siri a much stronger chance of success. Apple Partners With Google Gemini To Reinvent Siri Munster took to X and said, "Odds of new Siri succeeding just went up," while praising Apple CEO Tim Cook for turning long-standing Siri shortcomings into an opportunity for future device and services gro
‘It Makes No Sense To Me’: Nvidia’s Jensen Huang Slams Americans Who ‘Vilified Energy,’ Praises Trump for ‘Sticking His Neck Out’
Jensen Huang outlines how energy capacity underpins AI leadership, reframing U.S.–China competition as an infrastructure and industrial challenge.
Why Reddit (RDDT) Stock Is Nosediving
Why Reddit (RDDT) Stock Is Nosediving
Why Reddit (RDDT) Stock Is Nosediving
Shares of online community and discussion platform Reddit (NYSE:RDDT) fell 9.1% in the afternoon session after a report from an RBC analyst highlighted "challenging" feedback from advertising agency checks concerning small and medium-sized businesses.
Pure Storage, Inc. (PSTG): A Bull Case Theory
Pure Storage, Inc. (PSTG): A Bull Case Theory