Meta Confirms Layoffs Across Instagram, WhatsApp And Reality Labs Amid Strategic ReshuffleBenzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.Meta Platforms Inc. (NASDAQ:META) has confirmed layoffs across multiple teams, including Instagram, WhatsApp, and Reality Labs.What Happened: Meta has confirmed that several teams within the company were impacted by layoffs on Wednesday, reported TechCrunch.The company stated that these changes were part of a strategic reallocation of resources to align with their long-term goals.Don’t Miss:Among those affected was Jane Manchun Wong, a software engineer who joined the Threads team in 2023.Still trying to process…
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WBA) owns a 26 percent stake in AmerisourceBergen II” data-id=”1172757197″ data-type=”getty-image” width=”6240px” height=”4160px” srcset=”https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1172757197/image_1172757197.jpg?io=getty-c-w1536 1536w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1172757197/image_1172757197.jpg?io=getty-c-w1280 1280w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1172757197/image_1172757197.jpg?io=getty-c-w1080 1080w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1172757197/image_1172757197.jpg?io=getty-c-w750 750w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1172757197/image_1172757197.jpg?io=getty-c-w640 640w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1172757197/image_1172757197.jpg?io=getty-c-w480 480w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1172757197/image_1172757197.jpg?io=getty-c-w320 320w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1172757197/image_1172757197.jpg?io=getty-c-w240 240w” sizes=”(max-width: 768px) calc(100vw – 36px), (max-width: 1024px) calc(100vw – 132px), (max-width: 1200px) calc(66.6vw – 72px), 600px”> jetcityimage/iStock Editorial via Getty Images AmerisourceBergen Drug, now known as Cencora (NYSE:COR) awarded an estimated ~$2B modification extending the third two-year six-month option period of a two-year six-month base contract with three two-year six-month option periods for prime vendor pharmaceutical and pharmaceutical-related products and Source link
Investing.com– Bitcoin’s price rose slightly on Thursday and was headed for strong weekly gains as speculation over a potential Donald Trump victory in the upcoming presidential elections boosted prices. The world’s biggest cryptocurrency hit its highest level since late-July earlier this week amid a storm of positive factors, although gains now appeared to be cooling. rose 0.7% to $67,733.1 by 00:59 ET (04:59 GMT), having briefly crossed $68,000 earlier this week. Bitcoin heads for weekly gains The token was trading up more than 7% this week, its best performance since early-September. Bitcoin was boosted by a storm of factors, including…
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) is doubling its rubber recycling capacity at the Morimachi Plant in central Japan to accelerate the recycling of rubber used in automobiles.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241017981412/en/Background for increased rubber recycling (Photo: Business Wire)While progress is being made in the recycling of resources such as steel and plastic in the automobile industry, the recycling of rubber products is difficult and almost all rubber waste is incinerated (utilization of heat). Toyoda Gosei began operations of its first recycling line in FY2021, using its proprietary devulcanization technology that can recycle…
BEIJING (Reuters) – Property investment in China fell 10.1% in the first nine months of 2024 from a year earlier, after dropping 10.2% in January-August, National Bureau of Statistics (NBS) data showed on Friday. Property sales by floor area in January-September fell 17.1% from a year earlier, Source link
(Corrects to say 7-day repo rate has already been cut by 20 bps, MLF rate already cut by 30 bps) BEIJING (Reuters) -China’s central bank governor said on Friday the reserve requirement ratio for commercial lenders could be cut further by 25 to 50 basis points by the year-end depending on liquidity conditions, keeping the door open to more policy easing steps. The benchmark seven-day reverse repurchase rate has been lowered by 20 basis points and the medium-term lending facility rate has been reduced by 30 basis points, People’s Bank of China (PBOC) Governor Pan Gongsheng told a financial forum…
I fully anticipated feeling depressed after interviewing Jeremy Grantham for Morningstar’s The Long View podcast. What I didn’t expect was for the investing legend, passionate environmentalist, and native Englishman to compare a stock market bubble to the “helmet catch” from the 2008 Super Bowl. “Perma-bear” is how Grantham is often characterized, though he prefers the term “contrarian.” When my colleague Christine Benz asked him about his pessimism, he said, “You ain’t heard nothing yet.”At 86 years old, Grantham doesn’t seem anywhere close to “losing the plot” (his words). He serves as a long-term strategist at his namesake firm GMO and…
Melania Trump Says Barron Was Blocked From Opening A Bank Account, Pointing To ‘Cancel Culture’Melania Trump recently claimed that her son, Barron, was denied a bank account due to “cancel culture” after the family left the White House. In her new memoir Melania, released recently, the former first lady expresses frustration over what she describes as politically motivated discrimination.Don’t Miss:”I was shocked and dismayed to learn that my longtime bank decided to terminate my account and deny my son the opportunity to open a new one,” she writes. According to her memoir, Melania suggests that the decision was rooted in…
Booking photo, Malone Lam, defendant in $230 million bitcoin heistBroward County Sheriff’s OfficeTwo young men accused of committing one of the largest person-to-person crypto thefts in U.S. history went on a brazen spending spree that included buying exotic cars and a $2 million wristwatch, renting mansions and running up nightclub tabs of hundreds of thousands of dollars apiece, new court records reveal.The Aug. 18 cyber heist swindled a Washington, D.C., resident out of $230 million in cryptocurrency. To date, at least $100 million in bitcoin stolen from the victim remains unaccounted for, prosecutors said in a recent court filing in…
Image source: Getty Images I’m scouring the London stock market for the best dividend stocks and exchange-traded funds (ETFs) to buy today. And I think I’ve found a couple of exceptional candidates for a long-term passive income. Not only do the following have FTSE 100-beating dividend yields right now. I expect them to provide a large and growing dividend over time. Here’s why I’d buy them if I had spare £20,000 ready to invest. Based on current dividend yields, they could make me £1,200 in extra income this year alone if I split my investment 50-50. A cheap ETF As…