Meta buys smart lensmaker Luxexcel to further AR ambitions
Facebook parent company Meta has acquired Luxexcel, a Dutch startup specializing in smart eyewear. News of the purchase was first reported by De Tijd and later...
Ye is no longer buying Parler, the ‘free speech’ social media app
Ye is no longer buying Parler, the controversial social media app that’s billed itself as a “free speech” alternative to Twitter. Ye, formerly known as Kanye...
Elon Musk is officially the CEO of Twitter (for now)
Now that Elon Musk owns Twitter, he’s officially taking the reins as CEO — for the moment, anyway. Twitter has made an amended filing with the...
Sony has sold over 25 million PS5s
In its latest earnings drop, Sony said it sold 3.3 million PlayStation 5s this quarter, matching exactly what it did last year and bringing total units...
Intel-owned autonomous driving tech company Mobileye files for an IPO
Mobileye, the self-driving tech firm that Intel had purchased for $15.3 billion back in 2017, has filed for an IPO with the Securities and Exchange Commission....
Robinhood lays off almost a quarter of its staff
For the second time this year, Robinhood is cutting its headcount. On Tuesday, the company announced it would lay off 23 percent of its workforce. According...
Sheryl Sandberg officially steps down as COO of Meta
It’s the end of an era at the company formerly known as Facebook. Sheryl Sandberg has officially stepped down as Chief Operating Officer on August 1st,...
Microsoft negs Activision Blizzard to push through $68.7 billion acquisition
Microsoft is taking an interesting approach to secure regulatory approval for its acquisition of Activision Blizzard. In a recent filing spotted by Rock Paper Shotgun, the...
Pandemic-related manufacturing shutdowns catch up with Tesla
Tesla produced 258,580 vehicles in the second quarter of 2022, the automaker announced on Saturday. While that’s a 25 percent year-on-year increase from the number of...