Mark Zuckerberg tells Meta employees that the company is freezing hiring

Nick Barclay / The Verge Meta CEO Mark Zuckerberg told employees on Thursday that the company is enacting a company-wide hiring freeze and warned them that more downsizing is likely coming. First reported by Bloomberg’s Kurt Wagner and confirmed by sources to The Verge, the comments made during an internal all-hands call show how Meta…

Democrats demand FTC probe Amazon-iRobot deal

Illustration by Alex Castro / The Verge The Federal Trade Commission is facing mounting pressure to block Amazon’s proposed $1.65 billion purchase of iRobot, the company behind Roomba autonomous vacuums. In a letter to FTC Chair Lina Khan on Thursday, a group of Democratic lawmakers argued that the proposed merger would unfairly bolster Amazon’s dominance…

Gaming tech can be used to walk through buildings before they’re even constructed

Image: Epic Games Epic Games is partnering with industry design software giant Autodesk to bring game-like graphics to architecture tools in order to visualize design concepts and plans as more immersive environments. While Autodesk architecture software such as Revit is capable of creating 3D design plans, the partnership will introduce easy-to-use tools to designers, with…

Despite its many troubles, the insurtech market is ‘far from dead,’ investors say

When insurtech company Metromile went public via a special purpose acquisition company (SPAC) in February last year, it was valued at over $1 billion. A year and five months later, Lemonade acquired the company for less than $145 million. As the markets turned early this year, insurtech left most generalist investors’ playbooks almost as fast…