• Meta's AI agent, Muse, is unprofitable due to "very high compute costs," CEO Mark Zuckerberg says.
• Meanwhile, Meta expects Reality Labs, its AI glasses division, to lose $15 billion next year.
• The social media giant has a plan to fix that.

Meta says some of its biggest cash incinerators could finally start turning profits.

The social media giant, which generated over 97% of its quarterly revenue from ads, has faced persistent questions from investors about the lack of profitability in its AI and hardware initiatives.

Meta CEO Mark Zuckerberg addressed those concerns head-on during its third-quarter earnings call on Wednesday.

Zuckerberg said that Muse, the AI assistant it launched last month, is unprofitable since it's "very compute intensive to run." Meta expects to start turning that around next year by massively improving Muse's efficiency.

"If compute efficiency continues improving quickly for another few years, which we think is highly likely, then Muse will be highly profitable over multiple years," he said.

Meta plans to make money from Muse by taking a small transaction fee off of purchases it drives, Zuckerberg said at Meta's Connect conference last month.

Zuckerberg added that Muse, which launched only in the US and Canada, wasn't launched globally due in part to the amount of compute it requires. (Meta's North American users are generally its most lucrative.)

Zuckerberg also struck a positive note about its cash-hemorrhaging Reality Labs division, which makes products like Meta Ray-Bans and virtual reality glasses.

Meta expects Reality Labs to narrow its losses to about $15 billion in 2027, down from the $18 to $19 billion it expects to lose this year. The division should start trending toward profitability next year, as Meta's AI systems make it more useful, Zuckerberg said.

"I continue to believe that the path to delivering holographic experience, of bringing together the physical and digital worlds and everyday glasses, will come through VR first," Zuckerberg said.

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• Still dreaming of logging on in comfy clothes? Fully remote jobs are getting harder to land.
• Remote roles accounted for 9% of LinkedIn postings in September, yet drew 33% of applications.
• If you want a remote position, be prepared to show you can communicate well and thrive from afar.

When Andie Allan scans job listings, her dog, Luther, is never far from her mind — or her side.

The 92-pound German Shepherd has a spot on the couch in Allan's home office. Allan, a marketing manager who hasn't worked full-time in person in more than a dozen years, is looking for a job that lets her remain fully remote, in part so she can stay close to Luther.

More than six years after the pandemic ushered in a work-from-home revolution, many office workers have gotten used to skipping some commutes and having more flexibility outside their 9-to-5. Others have embraced a return to in-person collaboration.

Entirely remote work remains relatively uncommon: In September, 12.1% of US full-time workers were fully remote, according to Stanford data.

For some, these remote setups are a preference. For others, it can make holding down a job feasible alongside factors like caregiving responsibilities or disabilities.

The search for remote jobs can be tough, however, unless you have an especially in-demand or niche skill set. In the US, fully remote roles made up 9% of job postings on LinkedIn in September, yet drew 33% of applications, the company said.

Competition for those roles has also increased as many companies have returned to the office, at least part-time. The number of applicants per remote job rose 10% from a year earlier, according to LinkedIn.

Candidates seeking these roles might need to show employers they can succeed without regular office time — contrary to what some corporate leaders might prefer. Allan is using her track record of remote work as a selling point when applying. She points to the successful products she launched while working with global teams she rarely met in person.

Allan said she's happy being at home, even if it means forgoing opportunities. Commuting to an office from her home outside London could work, Allan said, "If I was 25 and had no ties and wasn't married to a German Shepherd."

More jobs require in-office time

Access to remote jobs also isn't evenly spread across industries. LinkedIn found that it was most common in technology, information, and media; financial services; and administrative and support services.

Winston Murdock, who's dialed in from home since 2010, works in one of the more remote-friendly corners of the job market as a software team lead. He and his wife bought their house outside Atlanta with an extra bedroom for his dedicated office.

Years ago, Murdock said, a recruiter approached him about a job that would have paid more but required a two-hour round-trip commute on weekdays. Murdock and his wife considered the added costs of childcare, gas, vehicle wear and tear, lunches, and work clothes fancier than a T-shirt.

"There's maybe a number that will get me to choose to be back in the office," Murdock said. "That number was not it."

Murdock said he loves his role at a Canadian software company and plans to stay, in part because of the remote arrangement. He would consider office work only if he lost his job.

How to find fully remote work

For workers looking for a new role, office time is increasingly part of the bargain. Robert Half, the staffing firm, said in a July report that a shift toward in-office work meant "more competition for fully remote roles and a near guarantee that new opportunities will come with at least some in-office time."

The relative scarcity of remote jobs makes a targeted search especially important, said Markos Korvesis, a career coach who helps people find such roles. He said job seekers often don't know how to tailor their résumés to show they are a good fit for logging on from outside an office.

Korvesis spends most of his time in Vietnam and has worked from more than three dozen countries over the last eight years. He recommends that job seekers highlight that they're up to date with AI tools and have solid experience using a variety of communication platforms, from Slack to Discord.

People should point to examples of how they've worked across offices, nations, and cultures, Korvesis said. It's important, he said, to be specific: If you've worked with teams in five time zones, say so.

Korvesis said those details can show that a candidate is prepared to thrive in a remote environment.

The challenges of WFH

Landing a remote job is only one of the difficulties. Chad Albert, who lives in South Florida and helps customize and sell software used in healthcare, said technology has made it easier to collaborate across distances, yet communicating through a screen can make it harder to connect with colleagues.

Albert said he makes an effort to pay attention when coworkers talk about their hobbies or what they did over the weekend.

The goal is to be a bit more outgoing and engage people in some side conversations, he said, adding that otherwise, "You wind up living on an island."

With fewer remote openings and more applicants per posting, the job search can demand persistence.

From her home southwest of London, Allan has been looking for a full-time marketing role since May 2025. Last year, she said she was in a "blind panic, applying for everything," submitting more than 1,000 applications.

Now, Allan said, she is being more deliberate. Unless she fully fits the criteria, she doesn't apply, she said. Allan also remains upfront with prospective employers about Luther, who gets at least three walks a day, including one at lunchtime.

"If they get me, great," she said. "And if they don't, well, maybe it's not a great fit."

Do you have a story to share about your work setup? Contact this reporter at tparadis@businessinsider.com.

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The European Union has signed a comprehensive association agreement with Andorra and San Marino, establishing a framework that will allow the two small European states to participate more fully in the EU single market while remaining outside the bloc.

The agreement was signed in Brussels on Monday, 19 October, by representatives of the European Commission and the two governments, marking the conclusion of negotiations that began more than a decade ago.

The arrangement covers trade, investment and regulatory cooperation, alongside provisions concerning financial services, education, environmental protection, consumer rights and other areas normally governed by EU legislation.

However, the agreement has not yet entered into force. It requires further approval procedures, including consent from the European Parliament and ratification by the participating countries. Andorra intends to submit the agreement to a binding national referendum.

Access to the European single market

According to the European Commission’s announcement, the agreement will provide Andorra and San Marino with access to the single market under shared regulatory requirements and conditions intended to ensure fair competition.

The principal objective is to remove barriers that continue to restrict economic activity between the two countries and the EU’s 27 member states.

For businesses, the arrangements should provide greater predictability concerning the rules governing cross-border trade, investment and commercial operations.

Participation will nevertheless require both countries to implement relevant EU legislation and maintain systems capable of enforcing the applicable standards.

In practice, access to the European market will carry obligations comparable to those imposed on companies established inside the Union, particularly concerning product standards, competition, environmental rules and consumer protection.

The agreement also establishes institutional arrangements for managing cooperation and dealing with future regulatory developments.

For two countries whose economies are closely connected to neighbouring EU members, greater regulatory consistency could reduce administrative barriers and facilitate commercial expansion.

Financial services to be integrated gradually

Financial services represent one of the more sensitive elements of the agreement.

Andorra has a banking and financial sector with substantial links to Spain and France, while San Marino’s economy is closely integrated with Italy.

Both countries already use the euro under separate monetary arrangements with the European Union, although neither is a member of the eurozone or the EU.

The new association framework would provide a route towards broader participation in the EU financial services market, but integration will be gradual and subject to specific conditions.

The Commission has made clear that the process will involve assessments of the regulatory and supervisory arrangements operating in both countries.

This means the signature does not provide their financial institutions with immediate, unrestricted access to all services available within the EU.

Brussels has also signed updated monetary agreements designed to remove overlapping requirements between existing arrangements and the new association framework.

Financial supervision, the prevention of money laundering and compliance with European regulatory standards will be central to the implementation process.

Integration without EU membership

The agreement illustrates how the Union can extend significant elements of its economic framework to neighbouring countries without admitting them as members.

Andorra and San Marino will not acquire voting rights in EU institutions or the political representation enjoyed by member states.

Their participation will instead depend on accepting relevant common rules and complying with the institutional provisions established under the association agreement.

The EU already operates differentiated arrangements with several non-member European countries, including Norway, Iceland and Liechtenstein through the European Economic Area.

Earlier European Council conclusions on relations with non-EU Western European countries identified Andorra and San Marino among the states with which Brussels sought closer economic and institutional cooperation.

The newly signed agreement does not replicate every aspect of existing arrangements, but it follows the broader principle that access to the single market can be negotiated separately from EU membership.

That principle is also relevant to discussions about how candidate countries might receive selected economic benefits before completing the full accession process.

Brussels has been considering wider market participation for countries such as Ukraine and Moldova ahead of possible membership.

Referendum and ratification ahead

The immediate political challenge now moves from negotiation to approval.

Following the signature, the Council will seek the European Parliament’s consent before the agreement can be formally concluded. Its application will also depend on the completion of the necessary national procedures.

In Andorra, Prime Minister Xavier Espot’s government has committed to a binding referendum, although no voting date has yet been fixed.

The referendum will determine whether Andorran voters accept the economic opportunities and regulatory commitments established by the agreement.

San Marino must also complete the procedures required under its constitutional system.

Until those requirements have been satisfied, the agreement remains a signed framework rather than an operational extension of the EU single market.

For both countries, the eventual implementation will determine how far their economies can integrate with the Union while retaining their existing status as independent non-member states.

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