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Zuckerberg stated many people have been spending extra time in VR because the outbreak of the novel coronavirus. Facebook’s Oculus Quest, which does not should be linked to a Computer, has repeatedly bought out this yr. Consumer demand for the headset increased during the coronavirus pandemic and supplies had been limited because the outbreak affected manufacturing.

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Airbnb’s share worth skyrocketed throughout early trading, at one point rising as much as 140%. The high share worth places the corporate’s valuation at round $100.7 billion, based on the Wall Avenue Journal, meaning it’s now value greater than the Marriott and Hilton lodge chains combined. Earlier this 12 months, during a fundraising round in April, Airbnb was privately valued at about $18 billion.

It additionally has been in Apple’s crosshairs. The iPhone large filed a lawsuit against Williams in December 2019 for breach of contract. It accused him of beginning Nuvia while still at Apple and mentioned he recruited his former colleagues. Williams countersued in February 2020, alleging Apple has been doing the identical thing it accused him of — attempting to recruit his staff.