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In Q1 2022, Meta’s (FB) metaverse business — known as Reality Labs — operated at a loss of nearly $3 billion, causing skepticism in the market about whether the metaverse truly has a place in the digital future. Meta CEO Mark Zuckerberg noted that costs in the present are “laying the groundwork” for this technology to hit the mainstream. In spite of the skepticism, Qualcomm (QCOM) CEO Cristiano Amon agrees that the best has yet to come for metaverse adoption and investment. “It’s… Source link

With price levels continuing to spike, the Fed is no longer using the word ‘transitory’ to describe inflation. U.S. consumer prices jumped 8.5% in March from a year ago, marking the fastest increase since December 1981. That could give the Fed more reason to continue raising interest rates — something that’s already casting a giant shadow over the stock market. It’s a vicious cycle criticized by many investing veterans. And Rich Dad, Poor Dad author Robert Kiyosaki is one of the… Source link

We’ve been promised the end of password-based logins on the internet for a very long time, but now it seems that promise may finally be fulfilled. The FIDO Alliance, an industry group aimed at standardizing authentication methods online, announced that its passwordless sign-on method has received support from the big browser builders: Apple, Microsoft, and Google. That means that later this year you will be able to sign in to your various web accounts across the internet without using a… Source link

Apple @ Work is brought to you by Mosyle, the only Apple Unified Platform. Mosyle is the only solution that fully integrates 5 different applications on a single Apple-only platform, allowing Businesses and Schools to easily and automatically deploy, manage & protect all their Apple devices . Over 32,000 organizations leverage Mosyle solutions to automate the deployment,  management and security of millions of Apple devices daily. Request a FREE account today and discover how you… Source link

This year marks 10 years since Keona Tranby graduated from college. A major milestone, to be sure. But after a decade of slowly chipping away at her student loans, Tranby’s still paying for her education, and progress is painfully slow. Although the 32-year-old has paid off roughly $28,800 over the past 10 years, her total balance owed has increased to around $62,000. Tranby, who works as a marketing director for a Minneapolis-based nonprofit, is hopeful she may get some relief in the coming… Source link

The Supreme Court is apparently poised to repeal the federal abortion protection of Roe v. Wade, and CEOs around the country are being called out. Some are decrying the move. Others are saying nothing. Few, if any, are publicly cheering. There is no easy playbook here. While companies have zero obligation—legal or otherwise—to take a stand on any social or political issue, they have in recent years waded into those waters (consider after George Floyd’s killing, North Carolina’s bathroom… Source link

Truth be told, I’m not the greatest fan of World Password Day. Such whimsical labels for one day of the year tend not to make much difference to the overall awareness of important security issues for most users, it seems to me. However, I’ll make an exception for 2022 as three technology behemoths used the focus of password day to announce a stunning security pact. Ironically, a pact that could see passwords phased out in day-to-day use for millions of people. Here’s what Apple, Google and… Source link

The Apple versus Facebook battle is well documented, but the power struggle between the iPhone maker and Google is now gaining pace. Google’s Android has always fallen behind Apple’s iOS in the privacy stakes. It’s not a surprise, since Google’s business model is based on advertising. But Google is now trying to take on Apple in privacy by finally adding features it announced last year into the Play Store via a new safety section that details the data apps collect—much like… Source link

If you are an Android user, regardless of your hardware vendor of choice, then pay particular attention to getting the 36 vulnerability-fixing May security update installed as soon as possible. Why the concern? A high-severity vulnerability that was disclosed way back in January and perhaps unsurprisingly is being exploited in the wild, has now been fixed. It’s a Linux kernel vulnerability given the name ‘Dirty Pipe‘ by the researcher who uncovered it. Actually, us boring and nerdy security… Source link

BARCELONA, Spain — While visiting Germany last month, the world’s richest man, Elon Musk, proffered unsolicited advice to European leaders. “Spain should build a massive solar array,” he tweeted on Apr. 4. “Could power all of Europe.” Spain’s Prime Minister Pedro Sánchez promptly responded. “We’re already implementing most ambitious plan towards efficient & sustainable energy system,” he tweeted at Musk. “Come and see. We welcome investors in Spain.” While prompting 66,000… Source link