Meta’s Reality Labs cuts sparked fears of a ‘VR winter’

Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, U.S., September 25, 2024. REUTERS/Manuel Orbegozo Manuel Orbegozo | Reuters Meta‘s deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses has chilled the industry, leading to concerns about its … Read more

TikTok forms U.S. joint venture, names Adam Presser CEO

The TikTok USDS (U.S. Data Security) logo appears on a smartphone screen in this illustration photo in Reno, United States, on Dec. 19, 2025. Jaque Silva | Nurphoto | Getty Images TikTok said Thursday that it formed a joint venture to keep the video-sharing app operating in the U.S. under the leadership of an American … Read more

Jeff Bezos’ Blue Origin launches satellite internet service to rival SpaceX, Amazon

Jeff Bezos holds the aviation glasses that belonged to Amelia Earhart as he speaks during a press conference about his flight on Blue Origin’s New Shepard into space, in Van Horn, Texas, July 20, 2021. Joe Raedle | Getty Images Jeff Bezos’ space venture Blue Origin announced Wednesday it plans to deploy 5,408 satellites into … Read more

Amazon’s European sovereign cloud launch is a ‘big bet,’ AWS CEO Garman tells CNBC

People walk past the logo of Amazon Web Services (AWS) at its exhibitor stall at the India Mobile Congress 2025 at Yashobhoomi, a convention and expo center in New Delhi, India, October 8, 2025. Anushree Fadnavis | Reuters Amazon‘s “sovereign cloud” offering in Europe is a “big bet” for the company, AWS CEO Matt Garman … Read more

Elon Musk’s xAI probed by California DOJ over Grok’s deepfake explicit images

In this photo illustration, a person holds a smartphone showing Ani, an anime-style virtual assistant character featured in the Grok 4 AI chatbot developed by xAI, with the Grok logo visible in the background on July 16, 2025 in Chongqing, China. Cheng Xin | Getty Images Elon Musk’s xAI is now facing an investigation in … Read more

Meta’s VR layoffs, studio closures underscore Zuckerberg’s massive pivot to AI

Meta CEO Mark Zuckerberg demonstrates an Oculus Rift virtual reality (VR) headset and Oculus Touch controllers during the Oculus Connect 3 event in San Jose, California, U.S., on Thursday, Oct. 6, 2016. David Paul Morris | Bloomberg | Getty Images A little over four years after Mark Zuckerberg changed Facebook’s name to Meta, reflecting his … Read more

Former Google CEO Plans to Singlehandedly Fund a Hubble Telescope Replacement

Prototypes of the four proposed telescopes – Schmidt Sciences If you’re a billionaire looking to jump into philanthropy there are hundreds of different causes to support. Fans of the seemingly always-cash-strapped NASA will certainly be cheering after news that a former Google CEO is going to foot the bill for a modern, updated replacement to … Read more

FCC approves SpaceX plan to deploy an additional 7,500 Starlink satellites

Jakub Porzycki | Nurphoto | Getty Images The Federal Communications Commission said on Friday it has approved SpaceX’s request to deploy another 7,500 second-generation Starlink satellites as it works to boost internet service worldwide. The FCC said Elon Musk‘s SpaceX can now operate an additional 7,500 Gen2 Starlink satellites, bringing the total to 15,000 satellites worldwide. … Read more

Amazon plans first big-box retail store in Chicago suburb

An Amazon warehouse in Warrington, England. Nathan Stirk | Getty Images Amazon has submitted plans for a large-format store near Chicago that would be larger than a Walmart Supercenter, marking the latest experiment with physical retail for the tech company. As part of the plans, Amazon has proposed building a one-story, 229,000-square-foot building in Orland … Read more

Meta signs nuclear energy deals to power Prometheus AI supercluster

Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new line of smart glasses, during the Meta Connect event at the company’s headquarters in Menlo Park, California, U.S., Sept. 17, 2025. Carlos Barria | Reuters Meta on Friday announced agreements with three nuclear power providers, including one … Read more