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Financial news and updates

Meta refocuses on AI hardware as metaverse layoffs begin

Meta refocuses on AI hardware as metaverse layoffs begin

As we expected, Meta has begun laying off more than 1,000 employees from its Reality Labs division, which focused on virtual reality and metaverse products, Bloomberg reports. The company will refocus...

Jan 13, 2026 5 min read
Taiwan issues arrest warrant for Pete Lau, CEO of OnePlus

Taiwan issues arrest warrant for Pete Lau, CEO of OnePlus

Taiwanese officials have issued an arrest warrant for OnePlus CEO Pete Lau on allegations of illegally employing workers in Taiwan. Two Taiwanese citizens who worked for Lau have also been indicted. T...

Jan 13, 2026 5 min read
What Do Chinese Analysts Say About the Thaw With India?

What Do Chinese Analysts Say About the Thaw With India?

Domestic discourse in China frames the relationship as a calculated balancing act to prevent India from aligning firmly with the U.S. – even while Beijing maintains its aggressive stance on security i...

Jan 10, 2026 5 min read
RIP MetroCard

RIP MetroCard

The Transit Museum honors a NYC icon, Ayoung Kim goes stargazing at MoMA PS1, a puppy persona performance, and more to plan your week in New York.

Jan 13, 2026 5 min read
How “new work” will actually take shape in the age of AI

How “new work” will actually take shape in the age of AI

Nvidia CEO Jensen Huang issued a warning to the world’s workers in May 2025: “You’re not going to lose your job to an AI, you’re going to lose it to someone who uses AI.” I bet he’s right. The future ...

Jan 13, 2026 5 min read
The politics of Silicon Valley may be shifting again

The politics of Silicon Valley may be shifting again

In 1999, during the last Burning Man of the last century, I returned to my camp on the edge of the playa after a long night out socializing to find a brand-new tent set up next to my dusty old one. Wh...

Jan 13, 2026 5 min read
The German plot to woo Rolls-Royce

The German plot to woo Rolls-Royce

The German plot to woo Rolls-Royce Matt Oliver Sun, January 11, 2026 at 9:00 PM GMT+8 7 min read Rolls-Royce is preparing to spend £3bn on developing a narrowbody Ultrafan demonstrator Sitting in fron...

Jan 11, 2026 5 min read
How bonuses are taxed — and why it matters

How bonuses are taxed — and why it matters

Personal Finance / Taxes How bonuses are taxed — and why it matters K Kaz Weida Updated Mon, January 12, 2026 at 10:01 PM GMT+8 7 min read If you’re an American who received a bonus last year, the ext...

Jan 26, 2024 5 min read