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...
Michael Dell, CEO and founder of Dell. John Lamparski/Getty Images Dell has told its employees to expect a companywide systems overhaul in May. Top exec Jeff Clarke told workers it would be the "b...
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...
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...
Google CEO Sundar Pichai (right) and Apple CEO Tim Cook (left). Anna Moneymaker—Getty Images/Reuters Apple enjoyed a long run at the top of the tech supply chain. Now, this prized position is be...
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...
Andreessen Horowitz partner Alex Rampell said he likes founders with a chip on their shoulder. Charles Eshelman/Getty Images for AOL A16z general partner Alex Rampell said founders need to materialize...
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...
The deal followed Riot announcing last week that it sold more than $160 million of its Bitcoin holdings as part of a strategy shift, to broaden use of its data centers....
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....
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...
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....
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...
As the EU's share of the global market slips, the Mercosur deal could unlock access to critical raw materials. It's also indicative of a wider EU economic pivot....
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....