(Reuters) – Facebook-parent Meta Platforms Inc is planning a fresh round of job cuts in a reorganization and downsizing effort that could affect thousands of workers, the Washington Post reported on Wednesday. Last year, the social media company let go 13% of its workforce – more than 11,000 employees – as it grappled with soaring …
Meta preparing for fresh round of job cuts – Washington Post Read More »
By Blake Brittain (Reuters) – A federal judge in Austin, Texas on Tuesday rejected a request by Meta Platforms Inc’s to throw out a $175 million jury patent verdict for walkie-talkie app maker Voxer Inc. U.S. District Judge Lee Yeakel’s decision leaves intact the jury’s finding that Meta’s Facebook Live and Instagram Live live-streaming technology …
Meta loses bid to toss $175 million verdict in streaming patent case Read More »
COLOMBO (Reuters) – Sri Lanka’s Board of Investment on Wednesday approved two wind power plants by India’s Adani Green Energy Ltd with a total investment of $442 million, a statement issued by the board said. “The two wind power plants of 350 MW are scheduled to be commissioned in two years and accordingly, they will …
Sri Lanka investment board approves $442 million Adani Green wind power plants Read More »
By Asif Shahzad and Ariba Shahid ISLAMABAD (Reuters) -Pakistan Prime Minister Shehbaz Sharif has asked his ministers and advisers to fly economy class, forgo luxury cars and their salaries as part of an austerity drive that will save the government 200 billion rupees ($766 million) a year. The belt tightening comes as Islamabad – which …
Pakistan to cut government expenses by 15% in austerity drive Read More »
Por Gabriela Baczynska BRUSELAS, 22 feb (Reuters) – Los países de la Unión Europea no lograron el miércoles ponerse de acuerdo sobre un nuevo conjunto de sanciones contra Rusia y planearon más conversaciones para tener listo el paquete para el primer aniversario de la invasión de Ucrania el viernes, dijeron diplomáticos. El paquete propuesto incluye …
La UE aún no logra acordar nuevas sanciones contra Rusia antes del aniversario -fuentes Read More »
22 feb (Reuters) – El principal índice bursátil español cerró el miércoles con pérdidas, encadenando su tercera sesión a la baja, en medio de la cautela de los inversores antes de la publicación de las actas de la reunión de política monetaria de la Reserva Federal, que ofrecerán nuevas pistas sobre la trayectoria de las …
El Ibex-35 extiende pérdidas a la espera de las minutas de la Fed Read More »
Bangalore (Reuters) – Bei Meta müssen einem Zeitungsbericht zufolge weitere Beschäftigte um ihren Job zittern. Die Facebook-Mutter plane eine neue Entlassungsrunde, der Tausende Stellen zum Opfer fallen könnten, schrieb die “Washington Post” am Mittwoch. Firmensprecher Andy Stone wies dies auf Twitter als falsch zurück. Der Konzern, zu dem auch der Messengerdienst WhatsApp und die Fotoplattform …
By David Lawder BENGALURU (Reuters) – U.S. Treasury officials said on Wednesday they expect G20 discussions over debt relief for distressed countries to be “difficult” this week, but it was important to remove roadblocks to keep the issue from becoming a systemic problem for the global economy in coming years. The officials, speaking to reporters …
U.S. Treasury sees ‘difficult’ debt talks at G20 finance meeting Read More »
By Jessica DiNapoli BOCA RATON, Fla (Reuters) -Cholula maker McCormick & Company Inc is looking to hike prices on its spices and hot sauces but is getting “pushback” on the increases, CEO Lawrence Kurzius said in an interview with Reuters on Tuesday. Kurzius, speaking on the sidelines of the Consumer Analyst Group of New York …
Spice maker McCormick sees ‘pushback’ from retailers on price increases -CEO Read More »
(Reuters) -Comcast Corp has cut its stake in BuzzFeed Inc by 8.5% since the end of January, cashing in on a rally in the shares of the digital media company on reports of a plan to partner with OpenAI, the artificial intelligence firm behind ChatGPT. It has so far sold more than 11 million BuzzFeed …
Comcast takes advantage of AI rally to sell more BuzzFeed shares Read More »
