Jan 13, 2026
XPeng Bets On Local Supply Chains To Fuel Next Phase Of Global Growth

XPeng Inc. (NYSE:XPEV) announced on Tuesday that it will establish independent supply chain teams in Europe and Southeast Asia in 2026, furthering its efforts to localize operations as overseas demand accelerates. The new teams will manage regional sourcing and supplier…

Jan 13, 2026
Meta To Cut Over 10% Jobs In Reality Labs Division Amid AI Focus: Report

Meta Platforms Inc. (NASDAQ:META) is reportedly planning to cut about 10% or more jobs in its Reality Labs division, which includes the metaverse, to focus more on next-generation AI initiatives. The Reality Labs division, which currently employs around 15,000 people is responsible…