- UK cabinet minister warns of prolonged price rises following Iran conflict
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Business
Meta is laying off 8,000 workers, about 10 per cent of its workforce, to enhance efficiency and focus on artificial intelligence investments. Concurrently, Microsoft is offering voluntary buyouts to approximately 8,750 employees, marking a significant shift for the company amid industry-wide cost adjustments.
Oil prices surged above $106 per barrel amid escalating US-Iran tensions in the Strait of Hormuz, following reciprocal vessel seizures. The increase represents a nearly 5% rise since late Wednesday, reflecting concerns over shipping disruptions in a key global energy transit route.
US liquefied natural gas exporters are poised to gain as markets plummet amid the Iran war: Markets are plummeting as the conflict escalates – but not every industry is affected.
Meta owned apps hit by outage WhatsApp, Facebook, and Instagram experienced a temporary outage due…
Sam Bankman-Fried, the co-founder of the collapsed crypto exchange FTX, has been sentenced to 25 years in prison for defrauding customers and investors of his now-defunct firm. The once-billionaire was a prominent face of cryptocurrency until the company’s sudden collapse in 2022.
Shares in Donald Trump’s media firm have soared on their stock market debut in New York, leaving his majority holding worth almost $6bn (£4.8bn) on paper at one stage.
A step-by-step guide on how to slash your phone bill in 2024 and some additional tips and tricks to get you some extra discount and save even more money. and some additional tips and tricks to get you some extra discount and save even more money.
Dave Calhoun is to leave his role as head of Boeing at the end of this year, as the crisis over the company’s safety record continues to dominate.
The EU will launch an investigation into three of the biggest tech firms in the world over uncompetitive practices – Meta, Apple and Alphabet (which owns Google).
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