Meta CEO Mark Zuckerberg keeps pumping money into the metaverse.Story Published at: April 27, 2023 at 12:09AM
Meta’s Reality Labs records $3.99 billion quarterly loss as Zuckerberg pumps more cash into metaverse
Chinese retailers helped lift Meta’s first quarter sales in a tough online advertising market
Meta’s first quarter earnings jumped 3% year-over-year due partly by Chinese retailers buying Facebook ads.Story Published at: April 27, 2023 at 12:32AM
No prison yet for Elizabeth Holmes following last-ditch appeal
Theranos founder Elizabeth Holmes has appealed a judge’s ruling that she report to prison on Thursday.Story Published at: April 26, 2023 at 06:33PM
House passes GOP debt limit bill, as McCarthy tries to draw Biden into negotiations
The Limit, Save and Grow Act passed after Kevin McCarthy struck two 11th hour backroom deals with GOP holdouts. It has little to no chance of becoming law.Story Published at: April 26, 2023 at 10:50PM
Amazon axes Halo fitness wearable in latest cost cutting move
Amazon unveiled the health-tracking bracelet in 2020, marking its first foray into wearable devices and a deeper move into the health care space.Story Published at: April 26, 2023 at 08:36PM
Meta set to report first-quarter earnings after the bell
Meta will report its first-quarter earnings on Wednesday as the company is in the midst of a wave of cost-cutting efforts. Story Published at: April 26, 2023 at 02:00PM
A massive geothermal apartment complex is going up in Brooklyn, the first of its kind
Story Published at: April 26, 2023 at 07:14PM
A recession may be coming — here’s how long it could last, according to economists
Recessions over the last half a century have ranged from 18 months to just 2 months. Story Published at: April 26, 2023 at 07:22PM
Major Facebook ad glitch has advertisers asking about refunds
The glitch caused many companies to fund Facebook ad campaigns that were essentially ineffective.Story Published at: April 26, 2023 at 05:54PM
Disney sues Florida Gov. Ron DeSantis, alleges political effort to hurt its business
The lawsuit escalates the feud between DeSantis, expected to be a top Republican contender for president in 2024, and Disney.Story Published at: April 26, 2023 at 07:29PM