Qualcomm announced a new partnership with China’s ByteDance, the owner of TikTok, to make chips for VR devices and other products. The move is the latest indication of how Chinese tech giants, just like their Silicon Valley counterparts, view the market for AR and VR as one of their key long-term opportunities. ByteDance last year acquired Chinese VR headset maker Pico Interactive. While Meta...
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Why Amazon Is Giving Employees Record Amounts of Stock, Even as It Trims Head Count

At a moment when Amazon’s overall workforce is shrinking, the company is awarding stock to employees at a record-breaking clip to keep top talent from heading for the exits. Amazon granted 138 million restricted stock units to employees in the second quarter, as the chart above shows—an 82% increase from the number of restricted shares for employees it issued during the same period...
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