Despite Zuckerberg & Co. spending billions of dollars on virtual reality tech every fiscal quarter, the wider VR startup ecosystem has been having a tough few years coming down from the highs of 2016 where investors dumped money into the sector expecting Oculus-sized returns only to see most of their investments slowly wilt away. This…
Monthly Archives: August 2022
Cera, a UK provider of healthcare inside people’s homes augmented by a platform that allows carers to monitor a patient’s health and potentially flag problems, has raised $320m (£260m) in an equity and debt financing round, split roughly 50/50. The equity side of the funding round was led by Cera’s existing investor Kairos HQ, alongside…
The day before Lyft shut down its in-house rental service and laid off close to 60 employees, the team in charge of the program was consumed by what they thought was a much bigger problem. Throughout June, the rentals team had attempted to get the service up and running in New York without success. The…
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Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. The Chase Freedom Flex℠ is a great pick if you want a…
NASA will soon require a retired astronaut to serve as mission commander on all private flights to the International Space Station, according to an agency notice posted today. The policy — which has yet to be finalized — is intended to both increase passenger safety and reduce any strain on existing ISS operations. The former…
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Illustration by Alex Castro / The Verge Facebook is shutting down live shopping, its QVC-like livestream feature that lets creators broadcast and sell products to an audience (via TechCrunch). The feature will officially shut down on October 1st, and Facebook says it’s part of the company’s initiative to shift focus to Reels. “As consumers’ viewing…