Meta Unveils New Mixed Reality Glasses, Awaiting Apple’s Response
World Weekly News » Coronavirus
by Tyler Hromadka
2d ago
Mark Zuckerberg, chief executive of Meta Platforms, unveiled the next generation of his Quest 3 mixed reality headset on Thursday as it braces for Apple to change the rules of an emerging market that has so far been dominated by the social media giant. Zuckerberg revealed in an Instagram post that the glasses, which start at $499, will be 40% thinner than previous Meta glasses and feature a colorful mixed reality display that combines elements of augmented and virtual reality. View it post on Instagram A post shared by Mark Zuckerberg (@zuck) promotional material Meta has also said it w ..read more
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Sunak and Johnson gear up for legal dispute regarding delivery of WhatsApp messages
World Weekly News » Coronavirus
by Editorial Team
6d ago
Former British Prime Minister Boris Johnson and current Rishi Sunak are preparing for a legal battle hours before the deadline for handing over sensitive materials related to the coronavirus pandemic to a commission of inquiry. Johnson, who has been in office during the coronavirus pandemic, is fighting against passing WhatsApp messages to committee chair Heather Hallett. With the 4 p.m. deadline approaching, Hallett is pushing for access to all government communications, arguing their importance to learning about coronavirus decision-making. He warned that failure to provide material could c ..read more
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Declining Sales Expected as Chinese Electric Vehicle Company Reports Disappointing Results
World Weekly News » Coronavirus
by Editorial Team
1w ago
Shares in Chinese electric vehicle maker Xpeng fell today, Wednesday, after the company announced results that contradicted expectations and sales were expected to decline. The company’s revenue in the first quarter of 2023 was down 50% year-on-year to 4.03 billion Chinese yuan ($571.6 million), compared to an expected 5.19 billion yuan. promotional material Xpeng posted a net loss of 2.34 billion yuan versus an expected 1.9 billion yuan. This is more than the 1.7 billion yuan loss recorded in the same quarter of 2022. Xpeng expects its second-quarter shipments to be between 21,000 and 22,000 ..read more
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Meta initiates massive layoff of thousands of employees in a series of cuts.
World Weekly News » Coronavirus
by Adrian Ovalle
1w ago
An informed source said that Meta Platforms, which owns Facebook, began today, Wednesday, the latest part of a three-part layoff round as part of a plan announced last March. lay off 10 thousand employees. Meta became the first major tech company to announce a second round of massive layoffs after it was reported it would lay off more than 11,000 employees in the fall. promotional material This forced the company to reduce its headcount to mid-2021 levels following a hiring wave that has doubled its workforce since 2020, according to Reuters. Some employees took to platforms like LinkedIn on ..read more
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Projected Transformations in the Worldwide Tourism Industry Following Unprecedented Growth in 2022
World Weekly News » Coronavirus
by Editorial Team
3w ago
2022 has seen unprecedented records in the global travel sector, but this year will mark a new and changing era for travelers due to economic challenges. As travel returns to normal as the world recovers from the effects of the coronavirus pandemic, certain travel patterns are emerging despite new challenges, most notably high inflation, and while post-coronavirus travel has focused primarily on meeting up with friends and family , 2023 is expected to be the year when many travel for the purpose of personal pleasure or self-development, and therefore there is an opportunity for travel product ..read more
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Interpreting the World Health Organization’s declaration that the coronavirus is no longer a worldwide health emergency
World Weekly News » Coronavirus
by Sandra Loyd
1M ago
World Health Organization experts have officially declared that Covid is no longer a Public Health Emergency of International Concern (Pheic). This is in line with the new WHO strategy to move from emergency response to sustainable long-term management of COVID-19. In practice, this may make little difference. COVID will remain a pandemic, and countries will still decide whether to consider COVID as an emergency in their territory (some countries, including the United States, have already declared an end to the national emergency). However, for the global public health community, this event i ..read more
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Moderna Records $79 Million in Revenue for Q1.
World Weekly News » Coronavirus
by Editorial Team
1M ago
Sales of Moderna’s coronavirus vaccine fell in the first quarter of the year and some costs rose, but Wall Street expected it, and the pharmaceutical company beat expectations. Moderna announced on Thursday that its profits from the Spikefax vaccine fell to $1.83 billion in the quarter from about $6 billion a year ago. promotional material Rival Pfizer also recorded a sharp decline in sales of its coronavirus vaccine Commernati earlier this week. Vaccine companies are turning their attention to commercial sales this year after selling huge contracts to governments, according to the Associated ..read more
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Carvana backs Illinois bill to codify home vehicle delivery, e-signatures
World Weekly News » Coronavirus
by Derrick Santistevan
3M ago
Carvana Co., which faced regulatory scrutiny in Illinois last year, is backing legislation in the state that would codify vehicle home delivery and e-commerce sales procedures, such as collecting electronic signatures, in state law. The online used-vehicle retailer said last week it is supporting Senate Bill 1896, which was introduced Feb. 9 by state Sen. Patrick Joyce, a Democrat whose district includes a small segment of south Chicago and the majority of Kankakee County. The bill, if passed, would amend the Illinois Vehicle Code to add text clearly stating that licensed vehicle dealers are p ..read more
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Canton invests $29 billion in semiconductors and other high-tech areas.
World Weekly News » Coronavirus
by Sandra Loyd
3M ago
Announcement Guangzhou is the capital of the Chinese province of Guangdong. The huge city’s government has invested 200 billion yuan (US$29 billion) to set up funds to encourage the production of semiconductors, renewable energy and other high-tech industries in the city. The program follows various technology initiatives recently launched by the governments of Beijing, Shenzhen and Hangzhou to help boost China’s economic recovery as the country recovers from three years of strict coronavirus control, the South China Morning Post reported. Guangzhou local authorities announced over the week ..read more
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McCarthy officially denies Schiff and Swalwell seats on House Intelligence Committee
World Weekly News » Coronavirus
by Tyler Hromadka
4M ago
CNN — Speaker of the House of Representatives Kevin McCarthy on On Tuesday, Democratic representatives Adam Schiff and Eric Swalwell were officially denied seats. on House Intelligence Committee. “I appreciate your loyalty to your Democrat. colleagues and I acknowledge your efforts to attract two members of Congress reinstated on the House Standing Select Committee on Intelligence,” McCarthy wrote. in letter to House Minority Leader Hakim Jeffreys stating that he posted on Twitter Tuesday evening. “But I can’t put partisan loyalty above of national security and I can’t just find out the ..read more
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