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Apple delays AR glasses, plans cheaper mixed-reality headset

Apple copy

  Bloomberg Apple Inc. is still planning to unveil its first mixed-reality headset this year, but an even more important follow-up product — lightweight augmented-reality glasses — has been postponed due to technical challenges. The company had originally hoped to release the AR glasses after the debut of its mixed-reality headset, which combines both AR and virtual reality, but that ...

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Cash is king for luxury car buyers this year

Inside the guangzhou auto show

Bloomberg Last year proved challenging both for carmakers and buyers. Higher interest rates, dogged inflation and price hikes on gas and consumer goods reduced monthly budgets at home, while automotive brands fought to maintain supply chains and inventories. Some luxury automakers escaped much of the pain, reporting record results. In 2022, Bentley delivered 15,174 vehicles globally, up 4% over 2021. ...

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Microsoft plans 10,000 job cuts

Bloomberg Microsoft Corp said it plans to cut 10,000 jobs, or about 5% of its workforce, taking steps to cope with an increasingly bleak outlook that has bruised many of the technology industry’s biggest names. The company will take a $1.2 billion charge in the second fiscal quarter related to the move, which will shave 12 cents off of earnings ...

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