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Meta’s Reality Labs posts $4.4 billion loss in third quarter

Meta's Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the third quarter.

Business - CNBC - October 30

With Reality Labs, Meta risks heading down slippery slope of overspending again

Zuckerberg said that he is going to keep building out Meta’s infrastructure and data centers, because the opportunity is so huge, even if investors don’t like it.

Business - MarketWatch - October 31

Meta faces day in court

Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Meta to face trial in FTC antitrust suit Meta must face trial in an antitrust case brought by the ...

Politics - The Hill - November 13

Largest drug "super lab" in Canada's history is busted

Police also found dozens of handguns, AR-15-style rifles and submachine-guns -- "many of which were loaded and ready to be used."

Democratizing finance: Spectral Labs and the autonomous finance movement

CONTRIBUTOR CONTENT: From 2024 to 2031, there will be an annual growth of 26.00% in AI and blockchain and Spectral Labs is taking part in this revolution. Spectral Labs is on a mission to change ...

Tech - VentureBeat - November 12

At stake on Election Day: The reality of the presidency

CBS News' John Dickerson on the knowns and unknowns that either Kamala Harris or Donald Trump will face in leading our country into an uncertain future.

Meta misses on user growth, warns of 2025 jump in AI spending

Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.

Business - CNBC - October 30

Abbott Labs and Reckitt Benckiser shares surge on court’s baby formula ruling

A court in St. Louis, Missouri ruled in favor of Abbott Laboratories and Reckitt Benckiser over claims their specialized baby formula caused users to develop a bowel disease called NEC

Business - MarketWatch - November 1

Canadian Police Say They Dismantled Country’s Largest Drug Lab

Federal officers in British Columbia seized drugs and chemical precursors that could produce about 96 million opioid doses, the authorities said.

World - The New York Times - November 2

Forty-three monkeys escape from US research lab

Officials in rural South Carolina say the female rhesus monkeys escaped into the wild after their pen was left open.

24 more monkeys that escaped from a South Carolina lab are recovered unharmed

Authorities say more than half of the monkeys bred for medical research that escaped from a compound in South Carolina have been recovered unharmed

Tech - ABC News - November 10

Some monkeys are still on the loose after escaping South Carolina lab

More than a dozen monkeys that escaped a research facility in South Carolina are still on the loose. CBS News' Dave Malkoff has the latest details on the quest to capture the remaining primates.

More escaped monkeys captured as lawmaker slams lab's negligence

Two more monkeys that escaped a South Carolina research facility last week have been trapped and returned, the facility's CEO said.

Rocket Lab stock surges almost 30% to near all-time high after company's Q3 results

Rocket Lab jumped in trading after the company reported third-quarter results.

Business - CNBC - November 13

Curious case of the missing monkeys turns spotlight on South Carolina lab

Eight of the 43 macaques that escaped from facility breeding primates for medical research are still at large. Eight monkeys that escaped from a research facility in South Carolina are still at ...

World - The Guardian - 6 days ago

You Can Now Buy Lab-Grown Foie Gras

A lab-grown alternative to fattened duck liver offers a controversial future for the cultivated meat industry: as a luxury product for the few.

Tech - Wired - 2 days ago

Pressure mounts on VW to finally confront the reality of restructuring

The carmaker must overcome internal resistance to changes necessary to boost competitiveness

Business - Financial Times - October 23

Starmer to pledge to ‘embrace fiscal reality’ in the Budget

UK prime minister is facing growing criticism that planned tax rises will hit ‘working people’

Business - Financial Times - October 27

Tax rises needed to avert austerity, Starmer says

The prime minister gives a gloomy economic picture as he set out his justifications for "tough decisions" in the Budget.

Volpe makes dreams a reality, sparks Yanks in G4

Anthony Volpe's performance in Game 4 -- one that included a game-changing grand slam to keep the Yankees alive in the World Series -- was something he envisioned "probably every night" growing up.

Sports - ESPN - October 30

AMD’s stock is getting hurt by this ‘unpalatable’ reality

One analyst says that AMD’s muted guidance is unlike what Wall Street has come to expect of “AI names.”

Business - MarketWatch - October 30

Trump’s trade remedies reflect America’s troubled reality

Our partners shouldn’t blame us for a shift aimed at solving the problems they have caused

World - Financial Times - November 1

Celtic slip into their 'A-game' as Aberdeen get reality check

Brendan Rodgers says Celtic "had to bring our A-game" to deliver the first defeat of Jimmy Thelin's Aberdeen reign with a resounding 6-0 win that seals a place in the Scottish League Cup final.

'It's the reality' - will it take fewer points to win Premier League?

Manchester City manager Pep Guardiola predicts fewer points will be required to win the Premier League this season - but do the stats back that up?

TikTok moderators share reality of locating horrific videos

The BBC speaks to social media moderators, whose job it is to find and remove distressing and illegal content.

How Corporate Speak Obscures Realities in Business

George Orwell, one of the 20th century’s greatest writers, has advice that resonates today.

Business - Inc. - 4 days ago

Why Meta and Snap are spending billions on AR glasses

Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.

Business - CNBC - October 24

House Republican presses Meta on censoring political content

Texas Rep. August Pfluger (R) expressed concern in a letter to Meta on Tuesday over the platform's decision to automatically opt users out of political content, arguing the platform's users should ...

Politics - The Hill - October 24

Meta Reports Record Revenue, Slower Ad Growth

The social media giant is spending billions on artificial intelligence and products for virtual and augmented reality.

Tech - The Wall Street Journal - October 31

Meta and Microsoft Won’t Stop Spending on AI

Both tech giants reported strong third quarters but their stocks fell anyway.

Business - Inc. - October 31

Facebook's parent company, Meta, facing courtroom battle

On Wednesday, a judge allowed a Federal Trade Commission lawsuit to move forward that accuses Meta of creating an illegal monopoly with Facebook, Instagram and WhatsApp. CBS News MoneyWatch ...

Meta fined €798m over 'unfair' Facebook Marketplace

The European Union says the tech giant crowded out rivals, breaching competition law.

Meta Finally Breaks Its Silence on Pig Butchering

The company gave details for the first time on its approach to combating organized criminal networks behind the devastating scams.

Tech - Wired - 42 minutes ago

Rocket Lab stock climbs more than 6% after KeyBanc raises price target

Shares of Rocket Lab USA Inc. are up 6.1% Thursday after KeyBanc Capital Markets raised its price target for the space-launch company.

Business - MarketWatch - October 24

Palo Alto shares helped by contract news, Abbott Labs braces for lawsuit ruling

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Business - CNBC - October 31

Canadian Mounties bust massive drug 'super lab' linked to transnational organized crime

Canadian police dismantled what they say is the largest, most sophisticated illicit drug “super lab” in the country

World - ABC News - October 31

43 monkeys escape from a South Carolina medical lab. Police say there is no serious danger

A police chief in South Carolina says there is no “almost no danger” to the public after 43 monkeys escaped from a compound used for medical research

Tech - ABC News - November 8

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