Mark Zuckerberg shows early metaverse headsets Mirror Lake, Holocake

Mark Zuckerberg shows early metaverse headsets Mirror Lake, Holocake

The company formerly known as Facebook is going to spend $10 billion this year on research and development on virtual reality and augmented reality technologies, including computerized glasses or headsets. On Monday, Meta CEO Mark Zuckerberg showed off how much progress the social media company has made towards that goal by revealing many of the … Read more

Tech layoffs, hiring slowdown stand out in red-hot job market

Tech layoffs, hiring slowdown stand out in red-hot job market

san francisco Compassandcamera | Getty Images US employers added more jobs than expected in April amid a tight labor market, the Bureau of Labor Statistics reported Friday. But the tech sector, which boomed during the pandemic, is showing signs of contraction. Facebook parent company Meta is pausing hiring and scaling down some recruitment plans, Insider … Read more

Mark Zuckerberg makes Nick Clegg one of Meta’s most powerful execs

Mark Zuckerberg makes Nick Clegg one of Meta's most powerful execs

Nick Clegg speaks on stage during the DLD (Digital Life Design) innovation conference. Lino Mirgeler | picture alliance via Getty Images Nick Clegg, once the second most powerful man in Britain, is now one of the most powerful people at Meta, the company formerly known as Facebook. Meta CEO Mark Zuckerberg promoted the former deputy … Read more