In this April 14, 2020 file photo, the thumbs up Like logo is shown on a sign at Facebook headquarters in Menlo Park, Calif. (AP Photo/Jeff Chiu, File)
Facebook is trying to pull in workplace users with a new virtual-reality app called Horizon Workrooms.
Workrooms lets people meet remotely in a virtual space populated by avatars. It’s an app for Facebook’s headset, which costs at least $300 and weighs a pound. People without a headset can join with a video call.
Facebook CEO Mark Zuckerberg expects the “metaverse,” a vague concept tied to augmented and virtual reality, to be the next stage of how people experience the internet.
Virtual reality has never really taken off, even during the pandemic, when remote work became the norm.
Inflation-weary Americans are still spending money every month, but the April numbers show they’re starting to cut back on a few types of expensive purchases.
You don’t have to be an Olympic-level athlete to wear On’s shoes or apparel, but the company will use the 2024 games to continue growing its footprint.
Companies are making money, the economy is cooling down, and a rate cut or two possible by the fall? It might be time to break out the cautious optimism.
Fed Chair Jerome Powell reported that rates would likely remain elevated due to sticky inflation. Zillow breaks down how this could impact the housing market.