Topic: budget cuts
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Budget Cuts Threaten Future Drug Development, Study Finds
Proposed federal budget cuts of 40% to the National Institutes of Health (NIH) would eliminate research grants historically responsible for nearly half of all new medicines, undermining future drug development. A retrospective analysis found that approximately half of newly approved drugs relied ...
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Zuckerberg's $70 Billion Bet 'Not Working'
Meta plans to cut its Metaverse budget by up to 30% for 2026, signaling a strategic shift away from its heavy virtual reality focus. The company is reallocating resources toward artificial intelligence, viewing AI as a more immediate area for growth and innovation. This reflects a sober reassessm...
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NASA's Science Budget Avoids Drastic Cuts
Congress approved a final NASA science budget for FY 2026 with only a 1% cut, rejecting a proposed 50% reduction and safeguarding core missions. The $7.25 billion allocation followed intense advocacy and is considered a major victory, though it does not reverse earlier workforce reductions. The o...
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Trump Pledges 2028 Moon Landing, Lunar Base by 2030
The directive accelerates crewed lunar exploration, aiming to land humans on the Moon by 2028 and establish a permanent base by 2030, while emphasizing commercial partnerships. It deprioritizes a near-term crewed Mars mission in favor of achievable lunar milestones to solidify U.S. leadership in ...
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Marketers' Trust in Measurement Stagnates
Marketers' confidence in performance measurement tools has stalled, with many reporting no improvement or a decline in trust, and internal skepticism often leads colleagues to question the validity of reported metrics. Key obstacles to precise measurement include siloed and incomplete data, chall...
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Meta to Cut Hundreds of Metaverse Jobs This Week
Meta is planning significant layoffs in its Reality Labs division, cutting about 10% of the workforce, as it strategically pivots resources from the metaverse toward artificial intelligence development. The restructuring follows internal warnings and reports of budget cuts, with the company's new...
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The Fall of DOGE: A New Era of Crypto Chaos
Elon Musk's withdrawal from leadership and the resulting power vacuum led to the DOGE agency's dissolution eight months ahead of schedule. Musk's confrontational management style, including budget cuts and staff dismissals, alienated government employees and political allies, culminating in repor...
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Meta Halts Horizon VR Headsets for Third-Party Makers
Meta has paused its plan to license its Horizon OS VR operating system to third-party hardware makers, refocusing on developing its own first-party hardware and software. The decision reverses a recently announced open-platform strategy aimed at expanding the VR ecosystem through partnerships wit...
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Meta Hires Apple's Top Designers to Revamp Its Software UI
Meta has hired two top Apple designers, Alan Dye and Billy Sorrentino, to lead a major overhaul of its software and hardware design, aiming to fix its fragmented user experience. This strategic move is seen as critical for addressing Meta's fundamental software weaknesses and improving user reten...
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Meta's Mixed Reality Glasses Delayed Until 2027
Meta has delayed the launch of its next-generation mixed reality glasses, **Project Phoenix**, from late 2026 to early 2027 to prioritize product quality and long-term viability. The device is a new product line, designed with a glasses-like form factor and an external battery pack, similar to co...
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