Meta burned $19 billion on VR last year, and 2026 won’t be any better
The reported financial losses follow a series of layoffs at the VR unit.
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Thursday, April 30, 2026
Tag: Technology
Mark Zuckerberg says a future without smart glasses is ‘hard to imagine’
Take Zuckerberg's outlook with a grain of salt. After all, he thought we'd all be hanging ...
Read moreTesla is killing off the Model S and Model X
The company will stop making the pioneering EVs in the second quarter of 2026, CEO Elon ...
Read moreMicrosoft gained $7.6B from OpenAI last quarter
Microsoft, one of OpenAI's major investors, is benefiting greatly from the AI lab's growth.
Read moreTrump energy department loosens rules on nuclear safety
The new rules apply to nuclear reactors built on Department of Energy property, which includes several ...
Read moreServiceNow inks another AI partnership, this time with Anthropic
ServiceNow partners with Anthropic just a week after announcing a partnership with OpenAI as the company ...
Read moreTesla profit tanked 46% in 2025
The company's sales fell for a second year in a row, as Tesla looks to AI ...
Read moreAI security startup Outtake raises $40M from Iconiq, Satya Nadella, Bill Ackman, and other big names
Outtake makes an agentic cybersecurity platform to help enterprises detect identity fraud. Its angel investors read ...
Read moreSpaceX is coming to the public markets, and secondaries are already on fire
paceX is reportedly lining up four major Wall Street banks for a 2026 IPO that could provide the reset the market needs. The company ...
Read moreElon Musk teases a new image-labeling system for X…we think?
Elon Musk says X will begin identifying "manipulated media" but doesn't share details.
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