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Meta to Lay Off 10 Percent of Work Force in A.I. Push
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The layoffs affect about 8,000 employees, with Meta also planning to close
6,000 open roles, as the company focuses on artificial intelligence.
54 minutes ago
Seed Newsvine
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China's representative to the IMF, He Jianxiong, sharply disagreed with a number of IMF's conclusions -- including its assessment of the currency. He said that one reason that China's reserves have grown to more than $US3 trillion ($2.8 trillion) is that central banks in the US and Europe have kept interest rates so low that capital has surged into emerging markets.
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