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

Who is Xavier Musk, Elon Musk’s transgender child who wants to change name?

Who is Xavier Musk, Elon Musk's transgender child who wants to change name?

Billionaire Elon Musk’s transgender daughter has petitioned a California court to change her name and gender, according to reports. Vivian, 18, who was born Xavier, announced her decision to change her gender and famous surname in order to lose any association with the Tesla and SpaceX founder. The official reason stated by Vivian in the … Read more

Rail strikes and labor shortages are hurting UK economy

Rail strikes and labor shortages are hurting UK economy

London CNN Business — The United Kingdom has a jobs problem. There just aren’t enough workers to keep its economy moving forward, and many employees are growing angry about inflation taking a large bite out of their paychecks. The problem escalated Tuesday as thousands of rail workers went on strike over demands for better pay … Read more

Elon Musk joins the growing chorus fearing a US recession. But there are stocks for that.

Elon Musk joins the growing chorus fearing a US recession.  But there are stocks for that.

Look out above, the dip buyers are back in town. Stocks are soaring — for now — as Wall Street returns from a long holiday weekend, with Fed Reserve Chair Jerome Powell testifying in front of Congress this week. The buying mood comes after the S&P 500’s worst week since March 2020, including its fall … Read more

FTX, other crypto firms ditch sports deals as market collapses

FTX, other crypto firms ditch sports deals as market collapses

Cryptocurrency companies poured billions of dollars into sports sponsorships in 2021 — but this year’s downturn has made the flood of cash dry up, The Post has learned. As a so-called “crypto winter” takes hold and companies look to trim costs, firms that splurged heavily on sports deals last year are now looking to cut … Read more

US recession this year is more likely than not: Nomura analysts

US recession this year is more likely than not: Nomura analysts

The US economy is more likely than not to sink into a recession this year as the Federal Reserve tightens monetary policy in its bid to cool decades-high inflation, economists warned Monday. “Disruptions in the energy and food sectors, coupled with declining consumer sentiment, are contributing to a looming economic slowdown in the US and … Read more

Thousands of flights canceled over holiday travel chaos

Thousands of flights canceled over holiday travel chaos

Thousands of flight delays and cancellations upended schedules over the busy Juneteenth and Father’s Day travel weekend – the latest sign of ongoing travel chaos as carriers contend with staffing shortages and bad weather. A total of 921 within, into or out of the United States were canceled on Sunday, according to data from FlightAware … Read more

Maryland Apple workers face hurdles after vote to unionize

Maryland Apple workers face hurdles after vote to unionize

TOWSON, Md. (AP) — The historic vote by employees of a Maryland Apple store to unionize — a first for the technology giant — is a significant step in a lengthy process that labor experts say is heavily stacked against workers in favor of their employers . Apple store employees in a Baltimore suburb voted … Read more

Coinbase’s layoffs show growing callous side of crypto’s plummet

Coinbase's layoffs show growing callous side of crypto's plummet

Let’s start with the premise that there’s never a perfect way to tell people they’re being “downsized,” a ridiculous euphemism for the dreaded corporate layoff. But there are better ways than what went down at Coinbase last week. Yes, you can break the bad news and make people feel like they’re more than just numbers … Read more

Microsoft finds Gen Z is redefining the idea of ​​work hustle

Microsoft finds Gen Z is redefining the idea of ​​work hustle

Inga Kjer | Photothek | Getty Images For decades Microsoft has been associated with a traditional definition of office work, long hours in front of a computer, but now the corporate enterprise giant finds Gen Z entrepreneurs disrupting ideas about workplace hustle and the traditional 9-5 day. Many recent Gen Z college graduates are flipping … Read more