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Headline : Metas Metaverse losses, Googles growth, TikToks fight, and Oracles move: Tech news roundup

Read more from the original article on here at qz.com.





Tags : #metas #metaverse #losses #googles #growth #tiktoks #fight #oracles #move #tech #news #roundup



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President Joe Biden signed the TikTok bill into law, officially starting the 270-day clock for TikTokโ€™s owner, China-based Bytedance, to sell the social media app or face a ban in American app stores.

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.

Metaโ€™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 itโ€™s not over for the Metaverse. Reality Labsโ€™ losses, while large, have shrunk considerably from last quarter (17%) and slightly from the prior year (3.7%) โ€” even as it continues to be a big headache for Meta CEO Mark Zuckerberg.

To build all of the solar panels, wind turbines, electric vehicle batteries, and other technologies necessary to fight climate change, weโ€™re going to need a lot more metals. Mining those metals from the Earth creates damage and pollution that threaten ecosystems and communities. But thereโ€™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.

Read more from the original article on here at qz.com.


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