Opinion: Mark Zuckerberg’s massive bet on virtual reality is about to meet actual reality, and it won’t be pretty

Mark Zuckerberg is targeting corporate users with Meta Platforms Inc’s expensive new virtual reality headset. Even if the Meta Quest Pro manages to attract remote workers, the timing couldn’t be worse. In a keynote speech at the META, -1.54% Annual Developers Conference Tuesday, Zuckerberg unveils its latest VR headset at a whopping $1,499It is scheduled … Read more

Why the dollar’s rise raises questions – and doubts – about a Plaza-style intervention

The historical rise of the US dollar has alarmed investors and policy makers, raising questions, along with skepticism, about a 1985 “Plaza Agreement”-style intervention. The combination of persistent inflation and sluggish growth around the world, as well as the US central bank committed to aggressively raising interest rates, has turned the US currency into the … Read more