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 toward that goal by revealing many of … Read more

Apple workers in Maryland vote for the company’s first unionized store in US

An employee arranges Apple iPhones as a customer shop at an Apple store. Mike Segar | Reuters Employees at an Apple store in Towson, Maryland voted Saturday to join a union, a significant achievement for organized labor. The Towson store is the first unionized Apple store in the US The vote is a defeat for … Read more

Amazon Prime Day 2022 runs July 12 and 13

An Amazon delivery worker pulls a delivery cart full of packages during its annual Prime Day promotion in New York City, June 21, 2021. Brendan McDermid | Reuters Amazon’s big annual sale, Prime Day, will return on July 12 and 13, the company announced on Thursday. The event is also a big revenue driver for … Read more

Coinbase plunges more than 14% as bitcoin dives

The logo for Coinbase Global Inc, the largest US cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, US, April 14, 2021. Shannon Stapleton | Reuters Coinbase shares are down more than 14% on Monday morning. Shares were down more than 21% before markets opened. Coinbase makes … Read more

Apple union push faces setback; Atlanta organizers withdraw vote bid

Shoppers walk past an Apple Store at Franklin Park Mall during Black Friday. Shoppers go to stores to take advantage of Black Friday sales during the COVID-19 pandemic. Stephen Zenner | SOPA Images | LightRocket | Getty Images A union vote at an Apple store at the Cumberland Mall location in Atlanta is in doubt … Read more

Nasdaq records first seven week losing streak since 2002

Tech companies have not seen a selloff like since 2001 and the bursting of the dot-com bubble. The Nasdaq declined 3.8% this week, falling for a seventh straight week. It’s the longest losing streak for the tech-heavy index in 21 years. Inflation, rising interest rates, the war in Ukraine and pandemic lockdowns in China are … Read more