Meta confirms "Project Waterworth" subsea cable to connect five continents
Meta has officially announced Project Waterworth, a 50,000-km subsea cable that will link the U.S., Brazil, India, and South Africa, among other regions.
Meta to cut 5% of staff, focusing on "low performers," while boosting AI investments. Restructuring continues as 2023's "Year of Efficiency" impacts thousands of roles.
Meta Platforms plans to cut about 5% of its workforce, targeting "lowest performers," while hiring for affected roles later this year, a spokesperson said Tuesday. CEO Mark Zuckerberg hinted at further job cuts to improve performance management.
The company, with over 72,000 employees as of September 30, has invested heavily in AI technology, contributing to higher expenses this year. In 2022, Meta began restructuring efforts, cutting 11,000 jobs, and declared 2023 the "Year of Efficiency," eliminating another 10,000 roles.
Recently, Meta ended its U.S. fact-checking program and eased restrictions on divisive topics like immigration and gender identity, reportedly responding to conservative criticism ahead of Donald Trump's 2024 presidential bid.
The iconic Dubai Fountain will close for five months starting in May for a major upgrade, enhancing its technology, choreography, and sound system. Visitors can expect a more spectacular show when it returns in October.
Russian President has invited his U.S. counterpart, along with leaders from many other countries to Moscow in May to attend the 80th anniversary of the end of World War II, which Russians refer to as the "Great Patriotic War."
Public sector strikes are causing major disruptions across Germany, including halted public transport in Frankfurt, as workers demand higher pay and better conditions.
USAID has long promoted itself as a supporter of press freedom, but reports suggest its media funding may have influenced domestic narratives in Europe and post-Soviet states. With the Trump administration freezing its grants, the agency’s role in shaping global information is under scrutiny.
A Delta Air Lines regional jet flipped upside down upon landing at Toronto Pearson Airport on Monday, injuring 18 people. Officials are investigating whether strong winds and snow played a role in the incident.
The State Oil Fund of Azerbaijan (SOFAZ) has invested €34.5 million in Italy’s leading high-speed railway operator, Italo – Nuovo Trasporto Viaggiatori S.p.A. (Italo) by entering into agreement with the Global Infrastructure Partners (GIP), affiliated with US-based BlackRock.
A lawyer for an Indian unit of German carmaker Volkswagen, said on Monday the country's $1.4 billion tax demand could become a matter of survival for its business in the country, as it continues to contest the order.
The UK’s unemployment rate edged up to 4.4% in December 2024, reflecting a continued upward trend since mid-2022, according to the Office for National Statistics (ONS).
Beijing, Feb 17 (Reuters) — Chinese President Xi Jinping met with some of the country’s most prominent technology leaders on Monday, urging them to embrace innovation and reaffirming Beijing’s support for private enterprise.
Apple's Vision Pro headset is expected to receive a major update incorporating Apple Intelligence as soon as April, according to a new report from Bloomberg.
You can download the AnewZ application from Play Store and the App Store.
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