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The company is cutting more than 1,000 jobs from its Reality Labs division where employees work on its virtual reality and augmented reality efforts.
An auction to commemorate Apple’s upcoming 50th anniversary includes Apple’s first check and a rare prototype board. Personal items that belonged to late Apple co-founder Steve Jobs, such as his desk, bowties and 8-track tapes, are also up for sale.
FormFactor, which offers equipment to test semiconductors, also told the state it plans to close down manufacturing facilities in Carlsbad and Baldwin Park.
Chipmaker Nvidia had a record-setting year in 2025, becoming the world’s most valuable company as the frenzy around artificial intelligence propelled its rise to the top.
The lawsuits led to more scrutiny over whether tech companies are doing enough to safeguard young people from the risks posed by AI chatbots.
U.S. consumers spent a record $257.8 billion online from Nov. 1 to Dec. 31, Adobe data shows.
Mattel and other toy companies have been working on AI toys that are expected to be unveiled in 2026, but child safety groups have raised concerns about products already being sold.
Former Theta Labs executives allege the California cryptocurrency firm’s CEO, Mitch Liu, manipulated the price of NFTs, among other illegal moves.
The power outage also disrupted San Francisco public transportation, and PG&E said publicly it was working to fix the issue.
