Mass tech layoffs continue in 2023
Mass tech layoffs continue in 2023, and companies such as Amazon, Google, Microsoft, Twitter, and Meta have announced several cost-cutting measures for the coming months. Mass layoffs tend to take…
Meta stuns Street with lower costs, big buyback, upbeat sales
By Katie Paul and Nivedita Balu (Reuters) – Meta Platforms Inc’s stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday, as CEO…
Meta acquires smart lens manufacturer Luxexcel
The move is following Metaverse’s strategies Meta has acquired Luxexcel, a Dutch company specializing in producing graduated lenses using 3D printing. Specifically, Luxexcel, led by CEO Fabio Esposito, focuses on producing…
What if the Metaverse has already failed?
Metaverse failed: The difficult reality of the Metaverse. In addition to the hostility of the financiers, Zuckerberg also has to face that of Meta’s users and staff. His right-hand man,…
Seattle public schools blame tech giants for social media harm in lawsuit
By Jyoti Narayan (Reuters) – Seattle’s public school district filed a lawsuit against Big Tech claiming that the companies were responsible for a worsening mental health crisis among students and…
Celebrate Christmas in the Metaverse with avatars and virtual gifts
Christmas is one of the most anticipated holidays, and technology is now letting us celebrate in the virtual world. In 2021, Facebook parent company Meta’s Oculus virtual reality app emerged…
Meta is building virtual world open to app makers
By Katie Paul Virtual world (Reuters) – Meta Platforms Inc boss Mark Zuckerberg defended his acquisition of a virtual reality fitness app to an antitrust judge on Tuesday, arguing that…
How to enter the metaverse – A beginner’s guide
How to enter the metaverse: What is the Metaverse, and why should we start packing for this parallel universe? Metaverse is a term that has become very popular in the…
For Apple, 2023 will be the year of augmented reality. But at what price?
Put your money where your mouth is Apple’s augmented reality goggles will cost around $3,000. A lot, too much, but the hardware specifications reveal that the thing will be a…
Elon Musk is just an influencer disguised as a capitalist
The stock market crash of Meta, Facebook’s new company name, has recently caused a stir. In a single session, it ‘burned’ 80 billion dollars. That’s nothing if we consider that…