Apple is chopping down the team behind the Vision Pro, its long suffering VR headset, while eliminating positions across a number of other teams, Bloomberg reported. Over 200 positions, all told, have been cut, sources told Bloomberg, with around 100 from the Vision Pro team. The other 100 have impacted the team behind Siri and
When the US consumer is weakening, Walmart is usually one of the last dominoes to fall. When economic conditions get tough, low-income shoppers rely on it even more. It’s also become a destination for higher-income consumers looking to cut costs. That’s what made Walmart’s first comparable-sales loss in six years particularly hard to swallow on
President Donald Trump, speaking alongside cryptocurrency leaders at the White House this week, made a statement that Republican and Democratic candidates alike wouldn’t touch with a 10-foot pole. “If I were the mayor of a town or the governor of a state, and I had a chance to get a big plant in, an AI
The net worths of CEOs and founders are largely at the whim of their company stock—all it takes is one breakout earnings report or blockbuster news to shake up their fortunes. Now, Moderna cofounder Robert Langer has re-entered the billionaires club following promising cancer vaccine trials that sent the company’s stock soaring. Langer, known as
Futures are mixed ahead of a big week for major retailers as new questions emerge about the state of the U.S. consumer, a major engine powering the American economy. The S&P 500 edged 0.1% higher, while Dow Jones Industrial Average futures slipped 0.2%. Nasdaq futures gained 0.5%. U.S. stocks hit an all-time high last week despite some
Some of the world’s most powerful tech billionaires think your next job posting could come from another planet. Elon Musk, Jeff Bezos, and Sam Altman have all predicted a future where humans live and work in space. Now, Voyager Technologies founder and CEO Dylan Taylor is backing them up—and he’s putting a very soon timeline
