Did you hear? Facebook Inc is going to become a metaverse company. At least that’s the story its management wants everyone to believe after a flurry of interviews and announcements over the past couple of weeks. It’s a narrative that seeks to put the social-media giant at the leading edge of one of the most audacious concepts in tech. I’m ...

It’s hard to find logic in the actions of a leadership that attacks doctors and nurses at the height of a pandemic. And yet that’s happening in Myanmar. In response to civil disobedience by medical staff after a military coup in February, soldiers have hijacked ambulances, arrested personnel and confiscated equipment. In a collapsing state, it’s helping to accelerate a ...

The Federal Reserve and Chair Jerome Powell have come under fire the last couple of months for seemingly ignoring the spike in inflation. The latest salvo came, when Senator Joe Manchin, the West Virginia Democrat, urged Powell to start pulling back on the Fed’s $120 billion in monthly bond purchases aimed at providing stimulus. Failing to do so “will lead ...