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Metaverse: Zuckerberg has a dream, but it's an expensive one

Metaverse: Zuckerberg has a dream, but it's an expensive one

Moving onto the metaverse

Sandberg has reportedly felt "burned out" and hasn't been closely involved with the company's high-profile pursuit of building out a metaverse — a series of interconnected spaces in virtual reality — which Zuckerberg sees as the future of the company.

That future vision is ambitious, and Zuckerberg is putting Meta's money where its mouth is. The company's latest financial quarter reveals revenue of just $695m for the hardware-and-metaverse-focused Reality Labs division, with operating costs of almost $3.7bn. That means that Zuckerberg's metaverse vision is currently burning around $3bn a quarter or $1bn a month, a large bill for a product suite that Zuckerberg believes could take a decade to build.

Leaning In

Sandberg's leadership experience at Meta, where 31% of employees indirectly reported to her last year, led her to write the 2013 book Lean In which encouraged women to assert themselves more in the workplace and at home. Currently just 25% of leadership roles at large tech companies are held by women according to Deloitte.

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Ford reportedly in talks to buy hybrid vehicle batteries from Chinese auto giant BYD

Detroit’s Ford and China’s BYD are said to be in ongoing talks to partner on an agreement that would see Ford buy hybrid vehicle batteries from BYD, according to reporting from The Wall Street Journal.

The report comes just days after President Trump toured a Ford factory in Michigan and implied openness to Chinese automakers coming to the US.

“If they want to come in and build a plant... that’s great, I love that,” Trump said on January 13. “Let China come in, let Japan come in.”

Last week, China’s Geely Automobile Holdings said it expects to make an announcement about expanding into the US within the next three years. Chinese carmakers currently face huge tariffs and software restrictions, effectively barring their vehicles from the US.

Ford has doubled down on hybrid vehicles amid high EV costs and the end of federal EV tax credits. The automaker is currently building a battery plant in Michigan where it plans to use tech from Chinese battery maker CATL.

“If they want to come in and build a plant... that’s great, I love that,” Trump said on January 13. “Let China come in, let Japan come in.”

Last week, China’s Geely Automobile Holdings said it expects to make an announcement about expanding into the US within the next three years. Chinese carmakers currently face huge tariffs and software restrictions, effectively barring their vehicles from the US.

Ford has doubled down on hybrid vehicles amid high EV costs and the end of federal EV tax credits. The automaker is currently building a battery plant in Michigan where it plans to use tech from Chinese battery maker CATL.

Still life of Ozempic and Wegovy with weight scale.

Lawsuit alleges Lilly, Novo locked up telehealth to kill compounded GLP-1s

Novo Nordisk CEO Mike Doustdar estimated that around 1.5 million US patients are using compounded versions of the company’s drugs.

Handshake

Big Pharma enters 2026 with an appetite for deals

At the JPMorgan Healthcare Conference, biotechs and Big Pharma signaled they’re primed for M&A this year, after a big year for deals in 2025.

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