Meta Platforms shares fell by more than 7 percent despite record revenue of $51.2 billion in an adverse reaction to accelerated AI spending. Sales were up 26 percent year-over-year, but net income of $2.7 billion was far below analysts’ expectations. The company attributed the net income miss to accounting changes resulting from the One Big Beautiful Bill Act even as it advised analysts of “aggressive” capital expenditure increases to come. Meta’s 2025 capital expenditure forecast grew from the existing estimate of $66 billion to $72 billion. Most of that will be spent on data centers and researchers, Meta said, indicating 2026 capex would be “notably larger” and could reach as high as $100 billion. Continue reading Meta Reports Sales Increase, Record Revenue of $51.2 Billion

Samsung debuted its Galaxy XR headset with news that it is on sale now in the U.S. and Korea for $1,799. Developed by Samsung, Google and Qualcomm, the headset runs on the new Android XR operating system, which Samsung EVP of Customer Experience Jay Kim said at Tuesday’s virtual launch event will steer “a new category of devices” powered by Google’s Gemini AI that “uses visual data, voice input and sensors in real time,” making it truly multimodal. Kim said Samsung’s vision for this new “spectrum of XR devices” includes four form factors: headsets, wired and wireless XR glasses, and AI glasses. Continue reading Samsung All-In on Head Gear Starting with $1,799 Galaxy XR

HTC has entered the smart glasses space with its new Vive Eagle AI-powered eyewear. Since launching in 2016, HTC’s Vive VR headset has accrued an estimated 10 percent global market share — not nearly as much as Meta Quest MR and VR headsets (at 50 percent), Sony PlayStation or even the Apple Vision Pro, but a respectable berth from which to expand to everyday wearables. The Vive Eagle is fully voice controllable and lets users listen to music as well as capture photos and videos with a 12MP ultra-wide camera. The product is available for preorder in Taiwan for the equivalent of about $520. Continue reading HTC Enters Wearables Market with Vive Eagle Smart Glasses