China factory activity tops expectations in April — but growth slows as new orders soften

Workers producing garments at a textile factory that supplies clothes to fast fashion e-commerce company Shein in Guangzhou in southern China’s Guangdong province. Jade Gao | Afp | Getty Images China’s factory activity topped analysts’ expectations, although growth slowed from the prior month when it hit a year-high, as new orders saw a slowdown. The…

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Brown University shooting suspect driven by ‘accumulation of grievances,’ FBI says | Brown University shooting

The gunman behind a deadly shooting at Brown University in December appeared to have been aggrieved by personal failures and sought retribution against those he deemed responsible, federal authorities said on Wednesday. More than four months after Claudio Manuel Neves Valente opened fire on the Ivy League campus, killing two students and injuring nine others,…

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Meta is still burning money on AR/VR

When Meta released its quarterly earnings report on Wednesday evening, a colleague pointed out how Meta lost $4 billion on Reality Labs, the division responsible for its AR glasses, VR headsets, and VR software. I yawned at first. Meta losing $4 billion on Reality Labs just didn’t seem surprising. It’s a given. Reality Labs lost…

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