Aggregator

Meta's Reality Labs posted a $4.2 billion operating loss in Q1 2025. According to CNBC, cumulative losses since 2020 now exceed $60 billion. From the report: Meta's Reality Labs unit is responsible for the company's Quest-branded virtual reality headsets and Ray-Ban Meta Smart Glasses. It's the key business unit that anchors CEO Mark Zuckerberg's plans to build a new computing platform involving digital worlds accessible via VR and augmented reality devices. [...] Wall Street has questioned Meta's big spending on the metaverse, which Zuckerberg has said could take many years to turn into a real business. The company must now also contend with sweeping new tariffs from President Donald Trump and the likely increase in costs that will follow, potentially leading to higher-priced devices. Last week, Meta said that an unspecified number of Reality Labs employees were laid off. Those workers were part of the Oculus Studios unit, which creates VR and AR games and content for Quest VR headsets.

Read more of this story at Slashdot.

EMERGENCY services have confirmed a woman is being treated for burns after a fire broke out at retirement flats in Coggeshall.

At the annual meeting with shareholders, chief exec Tufan Erginbilgic said 'global tariff increases have created a degree of uncertainty for the industry'.

In an age of online shopping and AI the M&S experience represents a clear and present danger to retail, commerce, and the broader economy.

At the company's AGM, 30% of shareholders voted against plans to raise the pay of chief executive David Schwimmer from £5.1m to £7.8m this year.

Tucker was the first external candidate brought in to chair the bank when appointed in 2017 - and is nearing the nine-year maximum term.

McDonalds Chief exec Chris Kempczinski said lower and middle class Americans were anxious about inflation and wider growth prospects.

Satya Nadella reveals attempts to merge Word, PowerPoint, Excel, which may now happen with LLMs

Microsoft CEO Satya Nadella has claimed about thirty percent of code in at least some of the Windows titan's repositories was written by an AI.…

The former president and secretary of state stepped out in New York City on Wednesday night after eating at Carota in the city's West Village.

King Charles and Queen Camilla were joined by fellow monarchs, King Carl XVI Gustaf and Queen Silvia of Sweden, for a special tree planting at Windsor tonight.

Ella Rae Wise, 24, who recently appeared on Celebrity Big Brother, led the way as she joined the likes of Rachel Riley and Gabby Logan at the glam event.

The Met Office has confirmed that with the Kew Gardens in London hitting 28.0C (82.4F) this afternoon and 'still climing', today is officially the hottest May Day ever.

Sam Altman's eye-scanning identity project, now called World, officially launched in the U.S. with six in-person registration sites. CNBC reports: Here's how it works: You go up to an Orb, a spherical biometric device, and it spends about 30 seconds scanning your face and iris, then creates and stores a unique "IrisCode" for you verifying that you're a human and that you've never signed up before. Then you get some of the project's cryptocurrency, WLD, for free, and you can use your World ID as a sign-in with integrated platforms, which currently include an open API integration with Minecraft, Reddit, Telegram, Shopify and Discord. Starting Thursday, the company is opening six flagship U.S. retail locations where people can sign up to have their eyeball scanned: Austin, Atlanta, Los Angeles, Nashville, Miami and San Francisco. At an event in San Francisco on Wednesday, the venture announced two high-profile partnerships: Visa will introduce the "World Visa card" this summer, available only to people who have had their irises scanned by World, and the online dating giant Match Group will begin a pilot program testing out World ID and some age verification tools with Tinder in Japan.

Read more of this story at Slashdot.

Married At First Sight UK star Georges Berthonneau has accused ex-girlfriend Ekin-Su Cülcüloğlu of messaging him while she was in bed with current partner Curtis Pritchard.

JoJo Siwa's ex Kath Ebbs has taken a savage swipe at the star after they claimed they demanded her to buy them a business class flight home. 

Prices have dropped to a four-year low

The site represents Trump's latest attempt to circumvent mainstream media, after going after legacy new organizations ranging from ABC News to the Associated Press.

The 55-year-old entrepreneur decided to give her 933,000 Instagram follows a rare insight into her sprawling house.

A huge emergency service response was seen in Vesta Close, Coggeshall

The school's standards have improved accordding to Ofsted following its latest inspection