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...
Alphabet cofounders Sergey Brin (left) and Larry Page (middle), and Amazon founder Jeff Bezos. Lionel Hahn/Getty Images/Elijah Nouvelage/Remo Casilli/REUTERS The world's richest people have seen their...
Business leaders like Klarna's CEO support Trump's credit card cap proposal, while major banks and investors warn of risks. BRENDAN SMIALOWSKI/AFP via Getty Images Donald Trump proposes a 10% cap on c...
Former Activision boss Bobby Kotick has made a number of claims about the state of his former company, Call of Duty, and the console market as part of a response to a lawsuit. Kotick, who left Activis...
Warhammer maker Games Workshop has banned the use of AI in its content production and its design process, insisting that none of its senior managers are currently excited about the technology. Deliver...
Powell typically abstains from directly engaging with Trump's personal attacks. Al Drago/Getty Images The world's most senior bankers have rallied around embattled Federal Reserve Chair Jerome Powell....
Microsoft, Meta, Amazon, Perplexity, and Mistral AI have joined Google in paying the Wikimedia Foundation for access to its projects, including Wikipedia's vast collection of articles. The Wikimedia F...
Hong Kong newspaper Ming Pao is winding up its operations in Canada by the end of this month, marking the closure of all newsrooms run by the city’s major print publications in the North American coun...
CEO and chief operating officer of subprime auto lender and retailer stand accused of misleading creditors on collateral...
Learn how financing a car works and discover how this type of borrowing can help you afford the vehicle of your dreams....
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...
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...
Inflation held steady in December, continuing to prove stubborn just days after reports of a Department of Justice probe into Federal Reserve Chair Jerome Powell....
The legislation would allow the state‘s treasury to hold digital assets with a market capitalization of more than $750 billion, which applied only to Bitcoin as of January....
The latest purchase boosted the company’s Ether holdings to about 3.4% of the token's circulating supply, as Bitmine's chairman, Tom Lee, aims to accumulate 5% of the total outstanding supply....
Amazon is putting up a fight over Saks Global's bankruptcy financing plan. Scott Olson/Getty Images; Matthias Balk/picture alliance via Getty Images Amazon is pushing back against Saks Global's bankru...
Getty Images; Tyler Le/BI For most Americans, every home purchase is a bit of a gamble. Is now the right time to jump into the market? Can I haggle on the price a bit more? What if mortgage rates drop...
Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department. Li Yuanqing/Xinhua via Getty Images The DOJ is probing Jerome Powell over his congressional t...
While markets appeared barely fazed by the fate of Venezuela's oil industry, they are considerably more nervous about the potential impact of internal unrest and foreign escalation when it comes to Ir...
US President Donald Trump has announced an agreement with Venezuela's interim government to transfer millions of barrels of oil to the US. DW explores how the plan could be a blow to China, Russia, Ir...