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Meta's Metaverse losses, Google's growth, TikTok's fight, and Oracle's move: Tech news roundup
Plus, staggering amounts of valuable metals are ending up in the trash
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President Joe Biden signed the TikTok bill into law, officially starting the 270-day clock for TikTok’s owner, China-based Bytedance, to sell the social media app or face a ban in American app stores.
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After leaving Silicon Valley for Austin in 2020, computer software company Oracle is planning to move its headquarters further east again to Nashville, its chairman said.
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Meta’s Reality Labs division, its virtual reality business and research division, posted a loss of $3.8 billion during the three months ended March 31. But it’s not over for the Metaverse. Reality Labs’ losses, while large, have shrunk considerably from last quarter (17%) and slightly from the prior year (3.7%) — even as it continues to be a big headache for Meta CEO Mark Zuckerberg.
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To build all of the solar panels, wind turbines, electric vehicle batteries, and other technologies necessary to fight climate change, we’re going to need a lot more metals. Mining those metals from the Earth creates damage and pollution that threaten ecosystems and communities. But there’s another potential source of the copper, nickel, aluminum, and rare-earth minerals needed to stabilize the climate: the mountain of electronic waste humanity discards each year.
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It’s a new world with the advent of artificial intelligence and its offshoots, and Google is putting the pedal to the metal to try to keep up. Alphabet-owned Google had a search engine market share of almost 92% as of February, according to data from Oberlo. Its share hasn’t dropped below 90% since 2014, and it has been the top search engine for the better part of two decades.
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Drew and Jonathan Scott of HGTV’s new series “Backed by the Bros” — also known as the Property Brothers — spoke with Quartz for the latest installment of our “What’s Next for…?” video series.
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Drew and Jonathan Scott of the new HGTV series “Backed by the Bros” break down the biggest mistakes they’re seeing new real estate investors making
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Cruise, Waymo, Tesla, and others are racing to get their full self-driving cars on the road, but sometimes with a deadly cost. Is it worth it? We break it down.
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