Meta Platforms plans to provide more details to its employees next week about how it will realize its vision for the metaverse. The company is encouraging staff to tune in to an all-hands meeting on Tuesday, according to two current employees, one of whom said they were told that a major announcement would be made. In a post on Meta’s internal messaging system, the chief operating officer...
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Data Point electric vehicles
Electric Vehicle Startups Face Cash Crunch
Startup makers of electric vehicles were one of the biggest beneficiaries of the SPAC party of 2020–21—and that fete is now well and truly in the hangover phase. At least a dozen EV startups have gone public since 2020, mostly by merging with a special purpose acquisition company, with grand ambitions to reinvent the way people and freight moved around. Now, at least...
Former Engineer Accuses SpaceX of Age Discrimination
Amazon CEO Andy Jassy Defends Overbuilding During Pandemic
Kraken Lays Off 30% of Staff
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