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.
Macy’s is rejecting a $5.8 billion takeover offer from investment firms Arkhouse Management and Brigade Capital Management, saying they didn’t provide a viable financing plan. The firms offered $21 per share for the stock they don’t already own.
Sports Illustrated's employee union said in a statement that the layoffs would be a significant number and possibly all, of the NewsGuild workers represented.
CEO and founder of Pinstripes Dale Schwartz shares his thoughts on taking the company public, why they're set for growth this year, and why he's not concerned about inflation weighing on the restaurant sector.
With hype continuing to build for A.I. projects, expert insight on what companies seem poised to benefit, plus how it will impact the lives of everyday consumers.
Ford says it’s reducing production of the F-150 Lightning electric pickup vehicle as it adjusts to weaker-than-expected electric vehicle sales growth. The automaker said about 1,400 workers will be impacted by the move.
Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders.
