The swift collapse of Silicon Valley Bank earlier in March put a spotlight on potentially painful losses lurking in commercial-real-estate loans on their books. It also sparked debate over what piles of older loans on commercial properties might be worth now that low interest rates and peak real-estate prices have vanished, and as stress in the […]
Business
Microsoft partners with Meta to bring Teams, Office, Windows, and Xbox to VR
Microsoft and Meta looked like they were on a collision course last year, poised to compete heavily for the future of work in the metaverse. But today, both companies announced they are partnering to collaborate on how people will work and even game in virtual reality. That starts with Microsoft bringing its biggest services — […]