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Meta Weighs Cuts to Its Metaverse Unit

Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon building the metaverse.

© Jim Wilson/The New York Times

Meta’s virtual reality headset last year. The company’s augmented reality glasses have become a surprise hit.
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Larry Summers Resigns From OpenAI’s Board

Mr. Summers departed the artificial intelligence company’s board after revelations of his communications with the disgraced financier Jeffrey Epstein.

© David Degner for The New York Times

Larry Summers’ exit from OpenAI is part of the widening fallout of those who were in the orbit of Jeffrey Epstein.
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Meta’s Victory Opens the Way for Silicon Valley to Go Deal Shopping

To avoid regulatory scrutiny, big tech companies had steered clear of buying start-ups outright. Meta’s antitrust win may change that thinking.

© Jason Henry for The New York Times

Mark Zuckerberg, Meta’s chief executive, in September. On Tuesday, a federal judge found Meta had not violated antitrust law by buying Instagram and WhatsApp when they were tiny start-ups.
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Mark Zuckerberg and Priscilla Chan Restructure Their Philanthropy

The Chan Zuckerberg Initiative said its restructured organization, Biohub, would lead its focus on artificial intelligence and scientific research.

© Jeff Chiu/Associated Press

Mark Zuckerberg, right, and his wife, Priscilla Chan, co-founders and co-chief executives of the Chan Zuckerberg Initiative, during an event at the Biohub Imaging Institute in Redwood City, Calif., on Wednesday.
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Reddit Accuses ‘Data Scraper’ Companies of Theft

In a lawsuit, Reddit pulled back the curtain on an ecosystem of start-ups that scrape Google’s search results and resell the information to data-hungry A.I. companies.

© Natalie Keyssar for The New York Times

Reddit, which went public last year, has banned scraping of its website and charges companies for access to its data.
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Meta Cuts 600 Jobs at A.I. Superintelligence Labs

The layoffs do not affect Meta’s newest A.I. hires, who are in some cases being paid up to hundreds of millions of dollars. The cuts were focused on correcting an earlier hiring spree.

© Jason Henry for The New York Times

Mark Zuckerberg, Meta’s chief executive, at the company campus in Menlo Park, Calif., last month. Meta has hired aggressively to build A.I. in recent years.
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