reality

Trip Back to Reality Starts: Mortgages, HELOCs, Delinquencies, and Foreclosures in Q2

Trip Back to Reality Starts: Mortgages, HELOCs, Delinquencies, and Foreclosures in Q2

Forbearance and pandemic cash run out. But a lot of fun was had by all. By Wolf Richter for WOLF STREET. Mortgage balances jumped by 9% in Q2 from a year ago, as prices spiked year-over-year, while people bought far fewer homes – sales of existing homes dropped by 10% from Q2 last year, and sales of new …

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Venture capital’s silent crash: when the tech boom met reality

Venture capital’s silent crash: when the tech boom met reality

The venture capital world is in the grip of a silent crash. Unlike the stock market, there are no daily market indexes to broadcast the pain, and no individual share prices for anxious tech employees to watch as their personal wealth evaporates. In fact, for many of the investors and entrepreneurs who have just lived …

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From Boeing Starliner to Goodyear Tesla tire, 3-D printing is becoming manufacturing reality

From Boeing Starliner to Goodyear Tesla tire, 3-D printing is becoming manufacturing reality

A picture shows a non-pneumatic tire (NPT), an airless tires, during the presentation of the NPT tire of Goodyear in Colmar-Berg, Luxembourg, on May 17, 2022, where the tire manufacturer has a new plant where it is experimenting with 3-D printing. Francois Walschaerts | Afp | Getty Images Additive manufacturing is on the cusp of …

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Intel earnings slammed on Wall Street: 'Such a disconnect between the company's optimism and the current reality'

Intel earnings slammed on Wall Street: ‘Such a disconnect’ between company’s optimism and reality

Intel Corp. drew sharp criticism from analysts after the company reported results that were disappointing on many fronts, indicating a storm of macroeconomic, competitive, and execution challenges. The chip company fell far short of expectations on revenue, profit, and gross margins in its late-Thursday report, and executives issued a forecast for the current quarter that …

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F.T.C. Sues to Block Meta Virtual Reality Deal as It Confronts Big Tech

F.T.C. Sues to Block Meta Virtual Reality Deal as It Confronts Big Tech

WASHINGTON — The Federal Trade Commission on Wednesday filed for an injunction to block Meta, the company formerly known as Facebook, from buying a virtual reality company called Within, potentially limiting the company’s push into the so-called metaverse and signaling a shift in how the agency is approaching tech deals. The antitrust lawsuit is the …

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Meta Reveals VR Headset Prototypes Designed to Make VR 'Indistinguishable From Reality'

Meta Reveals VR Headset Prototypes Designed to Make VR ‘Indistinguishable From Reality’

Meta says its ultimate goal with its VR hardware is to make a comfortable, compact headset with visual finality that’s ‘indistinguishable from reality’. Today the company revealed its latest VR headset prototypes which it says represent steps toward that goal. Meta has made it no secret that it’s dumping tens of billions of dollars …

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HoloLens leader Alex Kipman to leave Microsoft in mixed reality reorg after report on ‘toxic’ behavior

HoloLens leader Alex Kipman to leave Microsoft in mixed reality reorg after report on ‘toxic’ behavior

Alex Kipman, Microsoft technical fellow, led the company’s HoloLens mixed reality team. (File Photo) Microsoft is splitting its HoloLens mixed reality group and parting ways with Alex Kipman, the leader of the group who was the subject of a recent Insider story that cited him as an example of “toxic” behavior inside the company. The …

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