Meta, the owner of Facebook and Instagram, is axing another 10,000 jobs to cut costs. The company said on Tuesday it will reduce the size of its recruiting team and make further cuts in its tech groups in late April, and then its business groups in late May. “We expect to reduce our team size
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FIFA is set to approve an expansion of the men’s World Cup today with 40 more matches from the 2026 tournament in North America, Sky News understands. The decision to grow from 64 to 104 matches – rather than the 80 originally planned in 2026 – is due to come at a meeting of the
US inflation dropped to 6% over the 12 months to February, complicating the picture for interest rates as banks and stock markets feel the hit from the Silicon Valley Bank (SVB) collapse. The US Bureau of Labor Statistics (BLS) said the consumer price index (CPI), the measure of inflation, was down from 6.4% in the
McLaren Group, the supercar manufacturer and Formula One team-owner, has received a £70m funding boost from investors in the first stage of a wider capital-raising plan. Sky News has learnt that the Surrey-based automotive group has been handed the funding by a group of its existing shareholders. Sources said the share sale was part of
China has hit out at the US, UK and Australia over their pact to create new nuclear-powered submarines, saying they have “gone further down a dangerous road”. It follows Rishi Sunak meeting US President Joe Biden and Australian Prime Minister Anthony Albanese in San Diego to announce the next stage of the AUKUS partnership plan.
Volkswagen has officially selected St. Thomas, Ontario, as the home for its first North American EV battery cell plant Monday, after revealing its rugged electric SUV and pickup line Scout will build EVs in South Carolina. The initiatives are part of the the VW Group’s broader North American EV strategy. Shortly after the Inflation Reduction
Climate activists gather to protest with demanding President Biden stop the Willow Project by unfurling a banner on the Lafayette Square in front of the White House on January 10, 2023 in Washington D.C. Celal Gunes | Anadolu Agency | Getty Images The Biden administration approved a major and controversial oil drilling plan in Alaska,
Joe Biden will visit Northern Ireland following a formal invitation from Prime Minister Rishi Sunak. The invitation was extended as the pair met for talks in San Diego to announce a nuclear submarine deal with Australia. “It’s my intention to go to Northern Ireland and the Republic,” Mr Biden said as they met in Point
In this article UBER LYFT DASH Follow your favorite stocksCREATE FREE ACCOUNT Ride-sharing apps, including Uber and Lyft, can continue to treat their drivers as independent contractors, a California appeals court ruled on Monday, overturning a lower-court decision that barred them from doing so. In Nov. 2020, California voters approved Proposition 22, which allowed ride-sharing
In this article Follow your favorite stocksCREATE FREE ACCOUNT Signage in front of Qualtrics International Inc. headquarters in Provo, Utah, U.S., on Monday, Jan. 11, 2021. George Frey | Bloomberg | Getty Images Silver Lake and CPP Investments on Monday announced plans to acquire Qualtrics for $12.5 billion, marking the second time the survey software
High-profile figures from sport and broadcasting appear to have poked fun at the BBC over its U-turn on the Gary Lineker impartiality row. After the corporation last Friday suspended the Match of the Day presenter, 62, for his tweets criticising the government’s migration policy, it has now agreed to allow him back on air this
Joe Biden’s administration will approve a scaled-back version of a controversial $7bn oil and gas drilling project. The move comes despite criticism from environmentalists who say the development of the three drill sites in northwestern Alaska conflicts with Mr Biden’s highly-publicised efforts to fight climate change. The US president has also pledged to shift to
COVID-19 affects people differently, in terms of infection with the virus SARS-CoV-2 and mortality rates. In this Special Feature, we focus on some of the sex differences that characterize this pandemic. Share on Pinterest The data that are available so far indicate that there are significant differences between how the sexes respond to the new
A gold pendant recently unearthed in Denmark bears the earliest known inscription featuring the Norse god Odin. Archaeologists think the pendant — which is technically known as a bracteate and made of thin, stamped gold — dates to the fifth century A.D., making it 150 years older than the previous oldest known artifact mentioning Norse
How much snow will your area see? Some parts of New York could see well over a foot of snow when a powerful nor’easter strikes the region. FOX 5 NY’s Raegan Medgie takes a look at just how bad it’s going to be. NEW YORK – A powerful winter storm could bring as much as
Twitter Chief Elon Musk mocked Meta Platforms Inc. META CEO Mark Zuckerberg for considering launching a Twitter rival. What Happened: Musk and Dogecoin DOGE/USD co-founder Billy Markus, popularly known by his Twitter handle, Shibetoshi Nakamoto, took a jibe at Zuckerberg after reports about him considering launching a decentralized social network similar to the microblogging site
BEIJING – Security will continue to be imperative for Chinas development, said President Xi Jinping on Monday as he laid out his priorities for an unprecedented third term. Speaking at the closing ceremony of the annual legislative meetings, Mr Xi also called on the country to be self-sufficient in science and technology, amid the United
The working relationship between Speaker Kevin McCarthy (R-Calif.) and House Minority Leader Hakeem Jeffries (D-N.Y.) is notably different than the one the top House Republican had with former Speaker Nancy Pelosi (D-Calif.) in the last Congress — most simply, that they have one at all. Pelosi once called McCarthy a “moron” and McCarthy reportedly joked that it would be
Tesla has significantly ramped up its hiring effort for Cybertruck production, which is just a few months away. The Cybertruck production program is being closely followed by the industry as it is likely the most important new electric vehicle to launch this year. With over 1.5 million reservations and Tesla’s incredible track record in building
Men’s belts and electric bikes are in while many CDs and alcopops are out, in the annual update to the basket of goods and services used to calculate inflation. The Office for National Statistics (ONS), which refreshes the basket of more than 700 items each year to reflect changing trends, added 26 and removed 16