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Meta Platforms plans to start testing an AI pendant in the next year as part of an ambitious roadmap for wearable devices aimed at reversing the huge losses in its hardware division.
An internal memo describing the roadmap, reviewed by The Information, also lays out plans to significantly expand its selection of AI glasses and to add a business-focused service called “Wearables for Work.” The memo, from Alex Himel, Meta’s vice president of wearables, says the strategy is in part to drive more use of Meta’s
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The Information
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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Live markets: Bitcoin has traded below its mining cost for five months, squeezing miners Read more ›
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Bitcoin traders are scrambling to buy options bets that would pay off if the selloff deepens. Read more ›
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With a population of nearly 30 million people, what are the fintech, digital and wider economic developments of Nepal in 2026? Read more ›
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Cleo employees allege toxic workplace culture: ‘Directionless and deeply unhappy’ Read more ›
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Whether you're looking for a Whoop free trial, student discount, or military savings, our guide to Whoop promo codes will help you maximize your membership benefits. Stay on top of your fitness goals for less. Read more ›
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Check out our deals for Nike this June 2026, including 15% off select purchases. Read more ›
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Students can get a Hulu plan for $1.99 per month. Get more details on this and other great deals below. Read more ›
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From post-Soviet farming to rewriting the EU's startup rulebook: Meet EU Inc's Iwona Anna Biernat Read more ›
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The Information
Anthropic is increasingly launching applications that directly compete with its own enterprise customers, triggering fears in the software and AI startup sectors, The Information reported. This friction boiled over during Anthropic’s recent launch of Claude Design, when Figma dropped out of ... Read more ›
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Nvidia is pitching Chinese customers on its new Vera central processing units for AI data centers, telling them the chips could be available as soon as August and that orders can begin now, Reuters reported, citing three people familiar with the matter. The push gives Nvidia another potential ... Read more ›
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Meta Platforms bought semiconductor startup Rivos last year to accelerate development of in-house chips and reduce its reliance on Nvidia as it pours cash into data centers for its AI ambitions. Now six months since the acquisition closed, Meta is struggling to make it work, beset by problems that illustrate the social media giant’s bigger challenges in actually building a chip business, according to 11 current and former employees who... Read more ›
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For more than a decade, Dr. Molly Maloof has had a front-row seat to Silicon Valley’s ever-evolving health obsessions as a physician and founder of M3 Healthspan, a San Francisco–based concierge medical practice serving the tech elite. Lately, those conversations have focused on one substance perceived as a wonder drug among wonder drugs: retatrutide—or reta for short. Like GLP-1s such as Wegovy and Ozempic, reta is a peptide-based drug, but... Read more ›
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SpaceX shares started trading at $150 per share around mid-day on Friday, up 11% from the company’s initial public offering price of $135. Shares of the company climbed shortly after trading began, reaching about $165 shortly after noon. The offering makes SpaceX CEO Elon Musk the world’s first ... Read more ›
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As Microsoft gets ready to overhaul its struggling Xbox gaming unit, it hasn’t ruled out spinning out or restructuring the unit as a wholly-owned subsidiary, which could make it easier to sell, or creating a joint venture with other partners, according to three people with direct knowledge of the discussions. Microsoft doesn’t have any imminent restructuring plans, but those options are on the table, the people said. While Xbox CEO... Read more ›
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Meta Platforms plans to clamp down on skyrocketing AI costs inside the company by imposing limits on employees’ token usage, the company told staff in a memo on Tuesday, just weeks after it pushed them to adopt AI tools in their work. The company is building an internal platform to track employee AI usage and spending in real time, set budgets and establish limits on employees’ token spend, according to... Read more ›
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High up in Goldman Sachs’ downtown Manhattan headquarters Thursday afternoon, bankers from Goldman and Morgan Stanley, together with SpaceX executives, toasted the pricing of SpaceX’s IPO over glasses of Champagne. In many ways, it was a replay of hundreds of other such celebrations. But the SpaceX IPO was anything but normal. For seven months, Wall Street’s premier investment banks had raced to keep up with a whirlwind of changes demanded... Read more ›
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Crypto platforms Binance, Bybit and Bitget said Friday they had to cancel plans to offer tokens backed by SpaceX stock to overseas investors during the IPO after their partner in the venture, Kraken-owned xStocks, couldn’t secure enough SpaceX stock. The episode is a setback for crypto ... Read more ›
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Roku is in discussions to be acquired by another company, Bloomberg reported, sending shares of the streaming device maker up 20%. At the higher price, Reddit has a market capitalization of $21 billion. The idea that Roku might be acquired isn’t new. Roku’s ability to survive as a standalone ... Read more ›
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19.06.2026 01:18
Last update: 01:06 EDT.
News rating updated: 08:12.
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