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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.
Uber has reached an agreement to pay A$271.8 million (£140 million) to resolve a lawsuit in Australia, according to a law firm for taxi operators and drivers.
The front page of the London business newspaper City AM reports top dogs in the UK veterinary sector were under pressure today after the competition watchdog said it would investigate why pet owners are not getting value for money.
The Financial Times says the news that US inflation unexpectedly rose to 3.2% in February has highlighted the challenge faced by the Federal Reserve in trying to get prices back down.
Google has confirmed it is implementing restrictions on the types of election-related questions users can pose to its Artificial Intelligence (AI) chatbot Gemini.
A former Boeing employee, known for raising his concerns regarding the company’s production standards, has been found dead in the US.
Vodafone goes down leaving customers without broadband across the country Hundreds of Vodafone broadband customers…
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