What’s happening Mark Cuban started a company that offers generic versions of drugs at extremely low prices. A recent study calculated that Medicare could save billions with this business model. Why it matters Life-saving prescription drugs are often too expensive in the US, especially for people without insurance. Billionaire entrepreneur Mark Cuban’s new venture, less … Read more
Meta Platforms CEO Mark Zuckerberg told CNBC’s Jim Cramer on Wednesday that the Metaverse could be a sizeable part of the social network operator’s business in the second half of the decade. “We’re hoping to reach basically around a billion people in the metaverse, doing hundreds of dollars in businesses, each of which is buying … Read more
Formerly known as Facebook, the company is set to spend $10 billion this year on research and development in virtual reality and augmented reality technologies, including automated glasses or headsets. On Monday, Meta CEO Mark Zuckerberg showed how much progress the social media company has made toward that goal by revealing many of the unfinished … Read more
The company, formerly known as Facebook, said in February it expects to spend at least $10 billion this year on research and development in virtual reality and augmented reality technologies, including automated glasses or headsets. On Monday, Meta CEO Mark Zuckerberg showed how much progress the social media company has made toward that goal by … Read more
Meta’s Reality Labs division has unveiled new prototypes in its roadmap to lightweight, hyper-realistic virtual reality graphics. The breakthroughs are far from ready for consumers, but the designs – codenamed Butterscotch, Starburst, Holocake 2 and Mirror Lake – could lead to a sleek, brightly lit headset that supports finer details than the current Quest 2 … Read more
Placeholder when loading item promotions When the Federal Reserve last week raised interest rates by the largest amount since 1994, it did more than fight inflation. The Federal Reserve also launched a demanding test of the economy’s ability to shed its reliance on unlimited credit and tolerate higher borrowing costs for consumers, businesses and the … Read more