Daily Crunch: Facebook drops the Oculus Go

Daily Crunch: Facebook drops the Oculus Go

Facebook shifts its VR strategy, WhatsApp’s payment service hits a snag in Brazil and we look at how Trump’s visa ban will affect Silicon Valley. Here’s your Daily Crunch for June 24, 2020. 1. Facebook kills off its cheapest VR headset Just two years after launching...
Sonos lays off 12% of staff, closes New York City storefront

Sonos lays off 12% of staff, closes New York City storefront

In a filing this week, connected speaker maker Sonos noted plans to cut 12% of its workforce, in addition to closing some of its smaller offices and its garish showroom in Manhattan’s Soho neighborhood. The move follows a letter to shareholders sent last month that...