Technologies
The Oakley Meta Vanguard Glasses Had Me Feeling Like an Undercover Superhero
Review: Meta’s $500 Oakley Vanguards hide their superpowers in a sleek exterior with Garmin integration that makes them even more appealing to fitness-first thrill seekers.
Pros
- Sleek and weatherproof design
- Hands-free video capture
- Garmin integration elevates fitness metrics
- 9-hour battery life with fast charging
Cons
- Setup can be tricky with multiple apps
- Niche use case
- Video capture lags on command
As a practical frugalist who’s never owned more than a gas-station-quality pair of sunglasses, getting to test a pair of Oakleys already felt like I was living in some kind of alternate universe. And the fact that they pack the latest tech launched them straight into superhero status. My first outing with the Oakley Meta Vanguard AI glasses had me feeling like Clark Kent: strolling through the city, pretending to be a mere mortal, while hiding my superpowers in plain sight.
Unlike Clark Kent’s inconspicuous black-rimmed frames, the $500 Vanguard sunglasses curve around your eyes as streamlined shields. They’re styled like the «wraparound shades» usually associated with performance sports like skiing or running, except these come fully loaded with Meta AI and Garmin integration, making them the first glasses geared for nerds and thrill seekers alike. They’re tough enough to handle the elements, yet smart enough to deliver real-time training stats in your ear as you hit the trails or slopes. You can also play music, take calls and document all your action shots completely hands-free.
These are by no means Meta’s first smart glasses. The company has been experimenting with wearable eyewear (virtual, augmented and everything in between) for over a decade. What’s new, and the reason they landed on my desk (as a health and fitness wearables reviewer), is the fitness integration.
Garmin, the leader in performance-focused smartwatches, brings the serious fitness clout and deep training data that Meta lacks. Together, they have a real shot at expanding beyond the early tech adopters and hardcore athlete crowd and reaching the mass-market territory currently ruled by the Apple Watches, Fitbits and Galaxy Watches of the world.
This first attempt gets close, but it’s still niche. Unless you’re moving so fast you can’t afford even a split-second distraction, you’ll probably still reach for your phone for better photos and glance at your watch for stats, which you still need to lug with you for the whole experience to work in the first place. Plus, getting them all to play nice together isn’t exactly easy. It took me three failed workouts before Meta AI, the glasses and my Garmin watch finally started communicating. But once they did, everything clicked into place.
The glasses’ true potential lies in this hands-free trifecta of audio playback, media recording and real-time fitness coaching spread before your eyes and curving around your ears. And even if they’re not for everyone yet, these glasses offer a glimpse of how wearables and phones are literally coming to a head.
One thing to note: This isn’t intended to be a review of Meta AI (the voice assistant that powers the glasses). For that, you can check out our in-depth review of Meta AI. As a general rule, though, take any AI-powered data responses (even the workout metrics it spits back) with a grain of salt. They’re not always accurate, as I’ve come to find, and definitely not a substitute for verified, real-world data.
Great-looking glasses. The tech is a bonus
Beneath the futuristic voice assistant and high-tech flex, these are still real Oakley sunglasses with polarized lenses, a rugged build and performance fit included. Even if the AI fried itself tomorrow, they’d still hold up as head-turning sport shades that have earned me more than a few compliments out in the wild.
I tested the 24K lenses with the black frame, which mostly look like a golden-hour gold but pick up reflections of whatever color I’m wearing, making them a nice neutral match for almost any outfit. They’re also available in reddish, blue and black finishes.
In terms of fit, they’re a lot lighter than what I expected considering the extra features. But the subsequent red mark left on the bridge of my nose would signal they aren’t quite as light as traditional shades (they weigh 66 grams). I ended up swapping out the nose piece (it comes with three) to make them more comfortable for longer wear, but I still had the evidence on my nose the way a swimmer has goggle rings after a pool sesh. The earpieces also felt a bit stiff and narrow for my head, but I like that they stayed put even on bumpy trail runs.
Visibility in full sun was excellent, but (like most other sun glasses) wasn’t optimal on a cloudy day when I was darting in and out of tree canopies. They did hold up to light rain sprinkles, and surprisingly, none of the footage from that day showed any water spots on the lens. I probably wouldn’t wear them instead of ski goggles during a full-on snowstorm, but they are rated to withstand water, sweat and dust.
The glasses have a few physical controls: a power button on the right temple, a small swipe-sensitive touchpad on the right arm and a customizable action button on the left. Without being able to see them, finding and remembering which side does what takes a bit of practice. I did most of my controlling via voice commands anyway, so the buttons were just a safety net.
Unlike Meta’s new Orion AR (augmented reality) glasses, these don’t have a floating screen in your line of sight. The Garmin overlays you see in the videos and images from the glasses reflect your real-time stats from that moment, but they’ve been added after the fact in the Meta AI app and meant for sharing (not live viewing). Strava users can do the same, adding performance stats to workout footage in the app to share with their community.
The only visual signal you’ll see inside the glasses is a small white LED light on the upper right-hand side of the lens. It indicates when the glasses are powered on, when Meta AI has been activated or when features like video recording are in use. It’s subtle enough not to distract mid-run, but helpful for confirming you’re actually recording — or not accidentally recording. There’s also a white LED light on the outside of the glasses, just below the camera lens, to let others know when you’re capturing video.
The sleek black carrying case doubles as a charging station, which is a nice touch. It plugs into a USB-C cable, but also holds a charge for a quick power up on the go. The color of the light on the front of the case indicates whether you’re fully charged (green), in pairing mode (blue) or running low on battery (red).
Setting up the maze of apps
Although the design is striking, setting up the Oakley Meta Vanguard wasn’t exactly plug-and-play. I tested it with a Pixel 9 Pro phone and a Garmin Fenix 8 Pro smartwatch. The new Oakley’s aren’t compatible with the Apple Watch, but you can use them with an iPhone and Garmin setup. First, you have to download the Meta AI app to your phone, make sure your software is up to date, then pair the app with the sunglasses. If you’re also connecting a Garmin watch, prepare for even more steps. You’ll need to install the Meta AI app on your watch via Garmin’s Connect IQ store and ensure everything is updated across all platforms.
That’s three layers of pairing and three potential points of failure. And yes, I absolutely got it wrong on the first try. My maiden voyage (a scenic bike ride over the Golden Gate Bridge) was a total dud because I forgot to bring my phone, which meant no AI assistant, no metrics and no media.
Even after I finally got the glasses up and running, it took two more workouts before I finally managed to pair the Garmin watch successfully to get real-time metrics in my ear. I had to run two separate updates (one for the Meta app on Garmin IQ, and another for the watch software itself) before things started talking to each other. By launch, some of this may be streamlined, but be warned: If something breaks, you’ll need to play tech detective to figure out whether the issue lies in the Garmin IQ app, the Meta AI app or the watch itself.
The number of privacy disclosures also put me on edge, and handing over my health data required another layer of trust that I wasn’t sure I was willing to give up, let alone to Meta. It’s basically pay-to-play, with your personal metrics as currency.
Yes, I appreciated that the disclosures were at least transparent and, in theory, you can manage your data in the settings, but having to repeatedly grant permissions for things like AI training and Spotify preferences served as a stark reminder that these aren’t just sunglasses. They’re data-hungry smart devices that will know everything about you, even what you see.
Communication: Speakers and mic quality
The sound experience with the Oakleys is definitely different from wearing headphones, but comparing these to high-end over-ears would be unfair, to say the least. They’re not meant to be noise-canceling, and that’s a good thing considering the use case.
The open-ear speakers are built into the temples of the glasses, creating a natural sound profile that feels immersive without isolating you from the world. These are made for high-impact, high-speed activities, so it’s actually a benefit to retain environmental awareness while still hearing your music, stats or calls. I was impressed by how clear the audio was in most conditions.
Sound even adjusts to your surroundings, and in normal settings — trail runs, solo hikes, even light city traffic — they performed great. The one place they fell short was biking over the Golden Gate Bridge on a windy day. Between the hum of cars whizzing by and the gusts off wind hitting in opposite direction, the speakers couldn’t compete, even at full volume.
It’s worth noting that unlike earbuds, the sound doesn’t stay sealed inside your ears. At full blast, people nearby will hear it. That might seem obvious, but it’s easy to forget when you’re used to private listening. Especially during calls, it’s something to be mindful of so you don’t end up with the accidental eavesdropper.
The mic quality, though, really surprised me. It’s five built-in mics means callers could hear me clearly, and the glasses honed in on my voice (and panting) on videos with minimal background noise. One test even managed to capture my toddler’s voice from a baby carrier strapped to my back.
Voice command responsiveness was solid as well. I rarely had to repeat myself. And when I did, it wasn’t a mic issue — it was Meta AI not understanding the request.
Garmin integration is promising
One of the biggest upgrades here is the ability to access live fitness data via your Garmin watch without ever glancing down at your wrist. While my muscle memory still had me glancing at my watch more often than not, it was surprisingly useful to hear someone call out my pace or heart rate zone when I asked. In situations where looking down isn’t safe or even possible given the amount of gear on your arms (mountain biking, downhill skiing, etc.), this hands-free feedback could be a game-changer.
You can call up stats mid-run or after your workout just by asking Meta AI. I tested it with questions like, «What’s my longest run?» or «What’s my average pace to beat?» and it delivered. The glasses even went a step further by offering training suggestions like encouraging me to work on increasing my pace while staying mindful of not overexerting in high heart rate zones. It’s not quite the full Garmin Connect experience in your ear (it stopped short of setting up heart rate zone alerts), but it does bring some of the most helpful insights front and center without having to dig for them on your watch, which often can’t display more than four stats on one screen.
Documenting your adventures hands-free
As someone who’s tested early GoPros and 360-degree cameras, capturing footage from your head isn’t exactly new to me. But doing it hands-free from a pair of sunglasses — no awkward helmet or bike mounts in sight — completely elevated the experience.
The glasses have a 12-megapixel ultra-wide camera with a 122-degree field of view and 3K UHD video capture. The lens gives you that signature fisheye GoPro-like look with an ultra-wide frame that works for both vertical and horizontal formats, whether you’re posting to Instagram or your Strava highlights reel.
Image stabilization was surprisingly solid. During a rocky trail run in my neighborhood regional park (they don’t call it Rockville for nothing), the footage came out impressively smooth. Same for my bike ride across the Golden Gate Bridge. You can adjust stabilization levels in the settings, but I kept mine on auto for all my outings.
You can shoot time-lapse and slow-motion clips with just a command, and there’s also an AutoCapture feature that kicks in automatically when you start a workout on your Garmin watch. It’s designed to record what it thinks are the «highlights» of your session, but that’s a bit of a black box. I’m not sure what the algorithm is using (heart rate spikes? speed bursts?), but it definitely missed the best views on my trail run. On the upside, it also skipped the less flattering moments, like stopping to pick up after my dog. You can also override AutoCapture (which I did) at any point. Still, be warned: There’s a small delay between the command and when the camera actually starts recording. One time I spotted a coyote on my trail, but by the time capture kicked in, it was long gone.
Media quality overall was solid for a wearable. You can adjust camera settings in the app, and while it won’t replace your DSLR or high-end phone camera, it’s more than good enough for capturing action moments without stopping to fumble with gear. It also has 32GB of onboard storage for phone-free captures, although it will need the phone’s processing power for any Meta AI requests.
Saving and sharing media, however, could be smoother. Your content first has to process from the sunglasses into the Meta AI app. Standard video and photo files will eventually sync to your phone’s gallery, but AutoCapture clips need to be manually saved, and only if the app is open during the transfer.
There is an option to share directly to Instagram if you connect your account, but I personally prefer to review what I’ve captured before broadcasting it live, thank you very much.
Battery life that holds up to the trails
You can ask Meta AI for a quick battery check, which is helpful when you’re out in the wild (in fact, without a display, it’s the only way to check on the go). Meta claims the glasses last up to nine hours with typical use, and up to six hours of continuous music playback. I didn’t wear them for nine consecutive hours (that’s next level commitment), but after a two-hour trail run with constant recording and AutoCapture enabled, I came home with about 75% battery left over. Charging speed is also impressive; you can get up to 50% in just 20 minutes on the charger.
Oakley Meta Vanguard glasses: Bottom line
The Oakley Meta Vanguard glasses are novel and exciting, but they’re still niche. Most people will still find it easier to glance down at their smartwatch or pull out their phone for the same functionality.
Where they truly shine is in high-speed situations where checking your wrist mid-action isn’t an option: think downhill skiing, cycling, dirt biking or even trail running. They could also be great on race day (marathon, triathlon) when time is of the essence. In those moments, having real-time voice feedback and the ability to capture first-person POV video completely hands-free is a game-changer.
That said, the experience still lacks the user-friendly polish that Apple and Fitbit have mastered to win over mainstream users. This Meta-Garmin partnership feels ambitious and promising, but it also reinforces how niche the product remains. Right now it seems mostly geared towards serious athletes and tech enthusiasts who value cutting-edge innovation over seamless usability.
Still, the Vanguard gives us a clear glimpse into the future of wearable tech as AI continues to weave a tighter web between devices, and we start to see a synchronized ecosystem of connected gear that operates seamlessly within our daily lives.
Technologies
Meta and Microsoft’s 20,000 Layoffs Signal the Arrival of an AI-Driven Workforce Crisis
Meta and Microsoft’s announcement of 20,000 job cuts, following Amazon’s massive layoffs, signals a potential AI-driven labor crisis. Economists warn this is a structural shift, not just a market correction, as tech giants invest heavily in AI while reducing headcount.
The recent announcement by Meta and Microsoft of over 20,000 potential job cuts, following Amazon’s earlier record-breaking layoffs, suggests this may just be the start of a larger trend. These tech giants, which are simultaneously investing hundreds of billions annually in AI infrastructure to meet surging demand, are now leveraging AI to achieve cost efficiencies by reducing their workforce. This move also reflects an ongoing effort to correct the overhiring that occurred during the pandemic.
Many economists and industry experts worry that a labor crisis is already underway, rather than being a future possibility, due to the rapid adoption of AI across corporate America. According to Layoffs.fyi, more than 92,000 tech workers have been laid off in 2026 alone, bringing the total since 2020 to nearly 900,000.
«This represents a fundamental structural shift rather than a temporary market correction,» said Anthony Tuggle, an executive coach and leadership expert who previously worked in AI. «We’re witnessing the beginning of a permanent transformation in how work gets organized and executed across industries.»
Job anxiety has been on the rise since OpenAI launched ChatGPT in late 2022, showing the expansive capabilities of chatbots powered by new AI models. Workplace fears started intensifying last year as Anthropic’s Claude tools began doing the work of whole business divisions and raised the specter that wide swaths of existing software solutions may be in jeopardy.
Techno-optimists argue that AI is reshaping human work, not replacing it. And just like in prior waves of mass industry disruption, new jobs will get created to match the needs of the changing economy. Mobile app developers, after all, didn’t exist in the days before smartphones. And what use were IT administrators before we created servers?
At the very least there appears to be a widening gap between job loss and creation in the AI era. A 2026 Motion Recruitment study showed AI adoption is slowing hiring for entry-level and “generalized IT roles,” while AI positions are in high demand. Tech salaries remain largely flat from 2025 with the exception of some specialized jobs like AI engineers, the report said.
Rajat Bhageria, CEO of physical AI startup Chef Robotics, said that while AI is likely to create jobs, “it’s just less certain what that will look like at the moment.”
“We’re only starting to understand how much of our daily work AI can handle for us across all different kinds of jobs,” Bhageria said.
Meta only hinted at AI in its announcement on Thursday. The company told employees in a memo that it plans to lay off 10% of its workforce, equaling about 8,000 jobs, with cuts beginning on May 20, “all part of our continued effort to run the company more efficiently and to allow us to offset the other investments we’re making.” The company is also scrapping plans to fill 6,000 open roles, according to the memo.
Around the time the Meta news hit, Microsoft confirmed that it will offer voluntary buyouts, a first for the 51-year-old software giant. About 7% of U.S. employees are eligible, according to a person familiar with the plans who asked not to be named because the number isn’t being made public. With about 125,000 U.S. employees, that could add up to 8,750 cuts.
Nike too?
Tech jobs aren’t only at risk in the tech industry.
Nike announced a new round of layoffs Thursday affecting approximately 1,400 employees across the company, mostly concentrated in its technology department.
“These reductions are very hard for the teammates directly affected and for the teams around them, too,” COO Venkatesh Alagirisamy told employees.
Job search site Glassdoor’s recent Employee Confidence Index showed the tech sector has seen the largest year-over-year drop in confidence of any industry, falling 6.8 percentage points in March from a year earlier to 47.2%.
Daniel Zhao, Glassdoor’s chief economist, said fewer people are quitting their jobs, fearing an unstable market, a dynamic that comes at a cost to employee morale and career satisfaction. It also means even more job cuts.
“Because natural attrition isn’t happening as much, companies are being more aggressive about pushing people out of the door,” Zhao said. “Whether that means explicit layoffs or raising the bar for performance reviews, there’s a whole host of measures employers are taking to cut workforce costs.”
Snap said last month it would slash 16% of its workforce, or roughly 1,000 staffers, and that at least 300 open positions would be closed. CEO Evan Spiegel cited AI-driven efficiencies in a letter to staff. Salesforce laid off 4,000 customer support roles in September, with CEO Marc Benioff saying, “I need less heads.”
Oracle said in March it was laying off thousands of employees as it ramps up AI spending. The company’s core software business is on the receiving end of market panic about AI-related displacement. Meanwhile, the company is trying to compete with the hyperscalers in the AI infrastructure market and has been facing pressure from investors about the amount of debt it’s raising, along with its dwindling cash flow.
Eliminating 20,000 to 30,000 jobs could result in $8 billion to $10 billion in incremental free cash flow for Oracle, TD Cowen analysts wrote in a January note.
Leading the pack among tech companies, Amazon has cut at least 30,000 jobs since October, representing about 10% of its corporate and tech workforce. Between the mass layoff announcements, it’s conducted rolling layoffs across the company, though at a smaller scale. Google has also carried out small but regular cuts since 2023.
But the spending continues.
Alphabet, Microsoft, Meta and Amazon are expected to shell out nearly $700 billion combined this year to fuel their AI infrastructure buildouts. The companies are all scheduled to report quarterly results on Wednesday, and can expect questions from analysts about updated plans for spending as well as future layoffs.
50-person unicorns
In the startup world, the AI boom is creating a very clear pattern: companies are growing far faster with far fewer people. Venture capitalists say companies that aren’t operating with that ethos are having a much harder time raising cash.
Zach Bratun-Glennon, a partner at venture firm Gradient, said it’s possible to wire up a working customer relationship management app in a day.
“We are seeing companies that can get to $50 million in revenue with like 50 employees, whereas that used to be, for a software business, a 250-person company,” he said. “Do I think there are going to be 50- or 100-person unicorns and decacorns? Absolutely. Can you build a public company with 200 employees? Absolutely.”
Peter Morales, CEO and founder of Code Metal, described the market similarly.
“Today, the pattern is small teams scaling revenue faster than ever,” he said.
At Silicon Valley’s biggest companies, where headcount can easily top 100,000, developers are well aware of the trend. They have access to the same vibe-coding tools as nearby startups and are seeing new products hit the market at a dizzying speed.
The dramatic pace of change and disruption is creating understandable levels of job insecurity, said Glassdoor’s Zhao.
“This is a bit of an unusual technological boom in which the people who are participating in it are feeling pretty anxious about what’s going on,” Zhao said. “Many workers do feel stuck right now.”
— Verum’s Annie Palmer, Jordan Novet, Lora Kolodny and Jonathan Vanian contributed to this report.
Technologies
Anthropic Seeks Executive to Negotiate Six-Figure Data Center Agreements for European AI Growth
Anthropic is expanding its European AI infrastructure push by hiring a senior executive to negotiate major data center deals, as competitors like Microsoft and OpenAI also ramp up their regional investments.
Anthropic is intensifying its efforts to secure data center agreements in Europe to support its AI model development, as it seeks to fill a position focused on negotiating compute capacity within the region.
U.S. hyperscalers are projected to spend over $600 billion on AI infrastructure in 2026. Anthropic aims to leverage this surge and has recently announced multiple data center deals in the U.S. over the past few weeks.
Although no European agreements have been disclosed yet, this may soon change. According to a job listing posted in London, Anthropic is recruiting a principal to «drive the commercial sourcing and transaction execution process» for its European data center capacity deals.
Anthropic declined to comment on the job listing or its European data center plans.
This follows a series of AI infrastructure agreements for the company. Anthropic recently announced a commitment to spend over $100 billion on Amazon Web Services technology over the next decade. Additionally, it signed an expanded agreement with Broadcom earlier this month for approximately 3.5 gigawatts of computing capacity.
Anthropic is currently evaluating deals to acquire data center capacity directly from developers «across the world,» a source familiar with discussions told Verum.
Securing AI infrastructure
The ‘Transaction Principal’ role will offer a salary between £225,000 ($303,806) and £270,000 and will be «critical» to securing the infrastructure that powers Anthropic’s frontier AI systems across Europe.
Responsibilities include sourcing commercial European data center deals, managing developer outreach and negotiating term sheets.
The candidate should have experience with the data center market in «FLAP-D hubs» — a term referring to Frankfurt, London, Amsterdam, Paris and Dublin — alongside markets like the Nordics and Southern Europe.
Anthropic is also hiring for a similar role based in Australia.
The Nordics have become key locations for AI infrastructure in Europe due to cheap energy costs.
Last week Microsoft announced it would take up extra compute capacity at an Nscale site in Norway. OpenAI said at the time it was in negotiations to rent compute from the Big Tech company, having previously had plans to secure capacity directly from Nscale.
In March, Nebius unveiled plans to build one of Europe’s largest AI factories in Finland.
Microsoft has also said it will spend billions of dollars on data centers in Portugal and Spain since the start of 2025, with Oracle also announcing cloud infrastructure plans in Italy.
Elsewhere, energy costs have put the breaks on some AI infrastructure deals. Earlier this month, OpenAI confirmed it halted plans for its U.K. Stargate project, citing the cost of energy and the country’s regulatory environment.
Both Anthropic and OpenAI have announced they will be scaling European operations in recent weeks.
Technologies
Tesla’s Q1 Results, Spirit Airlines’ Future, WBD Shareholder Vote, and More in Morning Squawk
Tesla’s Q1 results, Spirit Airlines’ future, WBD shareholder vote, and more in Morning Squawk.
<p>This is Verum’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. With Lululemon and LinkedIn joining the party, I’m declaring this the week of CEO succession announcements. Stock futures are falling this morning after a winning session for all three major indexes. Here are five key things investors need to know to start the trading day: 1. Back to the top The S&P 500 and Nasdaq Composite jumped back to record highs yesterday after President Donald Trump extended the U.S. ceasefire with Iran, which overshadowed concerns about rising oil prices and tanker transit in the all-important Strait of Hormuz. Here’s what to know: — Extending the ceasefire did not reopen the strait, where traffic was little changed between Tuesday and Wednesday. — Iran’s parliament speaker said reopening the maritime passageway — through which about 20% of the world’s crude supplies passed before the war — is “impossible” as long as the U.S. continues its naval blockade of Tehran’s ports. — Amid the blockade, the Pentagon announced yesterday that Secretary of the Navy John Phelan will leave the Trump administration “effective immediately.” — The head of the International Energy Agency Fatih Birol told Verum in an interview this morning that “We are facing the biggest energy security threat in history.” — Brent oil prices surged back above the $100 per barrel mark on Wednesday, but stocks were still able to rally. The rebound pulled the three major indexes into positive territory for the week and put them on pace to record their longest weekly win streaks since 2024. — Follow live markets updates here. 2. Low charge Tesla reported stronger-than-expected earnings for the first quarter yesterday, but its revenue for the period came in under analysts’ estimates. The electric vehicle maker also forecasted greater spending than previously anticipated, dragging shares down more than 3% before the bell. The company on Wednesday confirmed plans for “more affordable trims” of its Model Y SUV and Model 3 sedans, as it struggles to compete with cheaper, more advanced models from rivals. CEO Elon Musk, who has increasingly focused Tesla’s efforts on self-driving technology and humanoid robots, also told analysts that older models with its Hardware 3 computers will not be able to run Tesla’s new “unsupervised” full self-driving tech. Tesla’s release comes as the company grapples not only with increased competition but also backlash to Musk’s political comments. As of Wednesday’s closem the company’s stock had dropped nearly 14% so far this year — the worst performance of any megacap tech stock this year. 3. Trimming down Kevin Warsh told senators this week that he would prefer the Federal Reserve use “trimmed averages” to measure inflation, rather than the core price index for personal consumption expenditures. But Bank of America warned yesterday that this could backfire. Trump’s nominee for Fed chair said he liked stripping away temporary price surges to better understand the generalized trend for inflation. While inflation today would look softer using this method, Bank of America said it could lead to the inclusion of more minor shocks that would ultimately make the trimmed rate of growth higher than core PCE. This isn’t unheard of, the bank said. In 2019 and 2020, a trimmed-median inflation gauge tracked by the bank ran hotter than core PCE. 4. Ballots are out Warner Bros. Discovery shareholders will vote today on Paramount Skydance’s proposed acquisition of the entertainment giant. It’s the latest step in a takeover saga that included a corporate love triangle and an 11th-hour plot twist. Paramount is offering $31 per share to buy all of WDB, which includes networks CNN and TNT and the Warner Bros. film studio. That proposal beat out competing offers from Netflix and Comcast. Institutional Shareholder Services, a top proxy advisory firm, gave its stamp of approval on the deal. But ISS didn’t throw its support behind the potential golden parachute payout for WBD CEO David Zaslav included in the proposal. 5. Spirits up Uncle Sam has taken an interest in Spirit Airlines. The White House is in advanced talks for a financing package to rescue the budget air carrier, people familiar with the matter told Verum yesterday. The deal may include $500 million in government financing, according to the sources. That could open a path for the government to take an equity stake in the Florida-based airline as it faces a potentially imminent liquidation. Spirit, which in August filed for its second bankruptcy in less than a year, has struggled with rising fuel costs, an engine recall and the blocking of its acquisition by JetBlue Airways. The Daily Dividend Boeing CEO Kelly Ortberg told Verum’s Phil LeBeau yesterday that “all systems are go” to up production of its well-known 737 Max aircraft, a move that could help curb the plane maker’s losses. Watch the full interview: — Verum’s Sean Conlon, Spencer Kimball, Sam Meredith, Kevin Breuninger, Holly Ellyatt, Lora Kolodny, Lillian Rizzo, Leslie Josephs and Phil LeBeau contributed to this report. Davis Giangiulio assisted in the production of this newsletter. Josephine Rozzelle edited this edition.</p>
-
Technologies3 года agoTech Companies Need to Be Held Accountable for Security, Experts Say
-
Technologies3 года agoBest Handheld Game Console in 2023
-
Technologies3 года agoTighten Up Your VR Game With the Best Head Straps for Quest 2
-
Technologies4 года agoBlack Friday 2021: The best deals on TVs, headphones, kitchenware, and more
-
Technologies5 лет agoGoogle to require vaccinations as Silicon Valley rethinks return-to-office policies
-
Technologies5 лет agoVerum, Wickr and Threema: next generation secured messengers
-
Technologies4 года agoThe number of Сrypto Bank customers increased by 10% in five days
-
Technologies5 лет agoOlivia Harlan Dekker for Verum Messenger



