Digital River cuts staff and will close headquarters
Digital River Inc. Shuts Down Minnesota Operations, 122 Employees Impacted Digital River Inc., a prominent player in the e-commerce industry, is making significant changes that are sending shockwaves through the digital landscape. Recent reports and internal communications have confirmed that…
Meta’s Reality Labs Beat Sales Targets by 40% in 2024
Meta’s Reality Labs Beat Sales Targets by 40% in 2024 Meta’s Reality Labs, the division responsible for developing cutting-edge virtual and augmented reality technologies, has exceeded expectations by surpassing sales targets by a remarkable 40% in 2024. This impressive achievement…
Will An NBA Partnership Make Meta's Horizon Worlds Hub More Popular?
Meta’s Partnership with the NBA: A Game-Changer for Horizon Worlds Hub Meta, formerly known as Facebook, has made a strategic move by signing a deal to stream 52 live NBA games on its Meta Quest VR headset. This partnership marks…
The Gap Between Meta's Metaverse And AI Ambitions
The Gap Between Meta’s Metaverse And AI Ambitions Meta, formerly known as Facebook, has been making headlines with its ambitious plans for the metaverse. However, the recent news that Mark Zuckerberg is now focusing on leading the generative-AI boom sheds…
Navigating Trade Tensions: Chinese Industry Groups Shift Focus from US Chips
In the backdrop of escalating trade tensions between China and the United States, Chinese industry associations are urging local companies to re-evaluate their reliance on American semiconductor products. This shift comes amid rising concerns regarding the safety and sustainability of…
Alibaba Group Lays Off Dozens of Employees to Cut Costs
In a significant move reflecting the prevailing challenges in the tech industry, Alibaba Group has laid off dozens of employees within its Yuanjing division, a segment focused on the metaverse. This decision points to a strategic shift as the company…
