Neal Stephenson, the author who coined “metaverse,” says Meta’s $80 billion VR failure was largely self-inflicted. He argues the real metaverse never needed goggles—Fortnite, Roblox, and Minecraft already are the metaverse, with hundreds of millions of users to prove it. He also says people will never consistently wear things on their faces. His advice to
JPMorgan Chase CEO Jamie Dimon warns of rapid, widespread job losses due to AI, urging government and businesses to prepare. He advocates for incentives to retrain workers, offer early retirement, and facilitate transitions. Big banks are already reducing hiring as AI integration accelerates, highlighting the pressing need for proactive measures to manage these swift economic
OnePlus India CEO Robin Liu has stepped down amidst reports of a global business restructuring. The company confirmed Liu’s departure, thanking him for his contributions and wishing him well. OnePlus India operations will continue with a local strategy, ensuring business continuity.
Amidst escalating Middle East tensions, the B-2 Spirit stealth bomber is proving indispensable against Iran. Operating directly from Missouri, this advanced aircraft penetrates sophisticated defenses, showcasing its unparalleled strategic reach. Images reveal B-2s launching for critical long-range missions, underscoring its vital role in global power projection and precision strikes.
Type 2 diabetes is alarming doctors as it’s increasingly diagnosed in Indian children and teens, often linked to rising childhood obesity. Lifestyle changes, including increased screen time and poor diet, are fueling this trend. Early detection and parental intervention are crucial to combat this growing health crisis and prevent long-term complications.
Escalating Middle East tensions see Iran setting high demands for a ceasefire with the US, including base closures and reparations. The US, meanwhile, has proposed a 15-point plan via Pakistan, focusing on nuclear and missile programs, with a potential one-month ceasefire and sanctions relief.
Veteran pacer Mohammed Shami, 35, showcased lethal yorkers in Lucknow Super Giants’ nets, impressing coach Justin Langer. Bowling coach Bharat Arun expressed excitement about working with Shami again, highlighting his significant contribution to India’s past overseas Test victories. LSG’s pace attack, a blend of experience and emerging talent, faces the challenge of managing workloads post-injury.
Meta is reportedly granting stock options to key leaders, including its CFO and technology chief, to retain talent amidst growing pressure in the AI race. This incentive plan aims to align executive compensation with significant future success over a five-year timeline, as the company faces high-level exits from its AI division.
Perplexity CEO Aravind Srinivas offers an optimistic outlook on AI’s impact on jobs, viewing potential layoffs as an opportunity for entrepreneurship. He highlights AI’s ability to empower small businesses and individuals to launch ventures with minimal resources, citing examples of successful AI-driven startups. This perspective contrasts with growing concerns about widespread AI-induced unemployment.
President Trump announced Iran delivered a “very big present”, a significant oil and gas related concession, amid ongoing conflict negotiations. He described it as a “tremendous amount of money” and a “very significant prize” potentially linked to the Strait of Hormuz, signaling optimism for a deal despite Iranian denials of talks.
