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Meta will discontinue Horizon Worlds on VR platforms, revealing large Reality Labs losses and a security incident; job cuts rumors add to negative sentiment amid uncertain cost impact.
NVIDIA temporarily closed its Dubai offices, shifting employees to remote work amid undisclosed reasons, signaling potential operational disruptions.
Meta Platforms reported $2.21B Reality Labs revenue but $19.19B operating losses, with losses expected to continue. It is developing accessibility features for smart glasses amid privacy and regulato…
Microsoft shares dropped 17% this year amid AI business risks and strong competition from Google and Anthropic, despite significant investments in AI content licensing and cloud expansion in India.
Apple faces higher costs from soaring DRAM prices potentially raising iPhone 18 prices. Despite lower capital spending than rivals, delays in updated Siri features pose challenges for growth.
Amazon's Washington Post announces layoffs of hundreds of journalists following scaled-back Olympic coverage due to mounting financial losses.
Microsoft and OpenAI face local resistance to power-hungry AI data centers, adopting community-focused strategies akin to Bitcoin miners to address infrastructure and environmental concerns across US…
Apple has cut Vision Pro production and marketing due to weak consumer demand, with shipments expected to decline sharply. Challenges include high price, form factor, and limited apps, while Meta dom…
Apple cut production and slashed marketing for its Vision Pro headset due to poor sales, signaling disappointing demand for its expensive spatial computing product.
Russia is escalating restrictions on WhatsApp, owned by Meta, threatening a full block and causing outages. This move undermines Meta's communication platform in Russia, favoring a state-backed app a…
Nvidia settled a lawsuit with Valeo accusing a former engineer of stealing trade secrets to accelerate Nvidia’s autonomous vehicle tech development, which may harm Nvidia’s reputation and lead to leg…
Australia bans social media access for under-16s including YouTube, impacting user growth and advertising revenue for major platforms like Google and Meta.
India proposes mandatory royalty payments from AI firms like Google for using content to train models, challenging the industry's free access approach and signaling regulatory risks in a key market.
Apple refuses to comply with India's telecom mandate to preload a government tracking app, citing privacy issues, amid antitrust fines and regulatory challenges that may impact its operations and rep…
Sequoia Capital's managing partner Roelof Botha steps down amid restructuring; company navigates geopolitical splits. Venture funding surges 38% in Q3 2025 due to AI growth, impacting major tech firm…
Tesla reported a 37% profit drop and plans significant capital spending in 2026 for AI projects. Production challenges with its humanoid robot Optimus and expected delays could pressure short- to med…
Oppenheimer lowered Meta's price target amid AI investment and revenue growth concerns. Research revealed Instagram's algorithm shows increased disordered eating content to teens, sparking worries ov…