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Flex, which offers AI-based financial services, credit, and more to mid-sized companies, raised a $60M Series B led by Portage, source says at a $500M valuation (Aditya Soni/Reuters)

Aditya Soni / Reuters : Flex, which offers AI-based financial services, credit, and more to mid-sized companies, raised a $60M Series B l...

4 December 2025

Sources: Meta plans deep budget cuts to its metaverse efforts in 2026, potentially as high as 30% and most likely including layoffs as early as January (Kurt Wagner/Bloomberg)

Kurt Wagner / Bloomberg:
Sources: Meta plans deep budget cuts to its metaverse efforts in 2026, potentially as high as 30% and most likely including layoffs as early as January  —  Meta Platforms Inc.'s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse …

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