Meta boss Mark Zuckerberg said the firm would reduce its hiring “steadily” over the next year, a response to the downturn and the company’s plans to shift investment into new areas, including its virtual reality platform, Horizon, in a bet that the so-called metaverse is its best prospect for growth.
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Warning jailed bankers ruling could hit loan rate
admin, , Business, 0
In a statement, the three founders said: “We deeply regret that, due to a deep misunderstanding by the UK...
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Postmasters had fingers in the till, minister told
admin, , Business, 0
Jo Swinson has claimed that former Post Office chief executive Paula Vennells said “something to the effect” that some...
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Banks ‘too often blaming customers’ for fraud
admin, , Business, 0
This Contingent Reimbursement Model Code – or CRM – means that banks should refund victims, if they are not...
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UK cost of living increases dip in September
admin, , Business, 0
According to the Office for National Statistics, the UK inflation rate fell slightly to 3.1% in September.
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New car registrations fall to lowest level for two decades
admin, , Business, 0
Trade body the SMMT said UK new car registrations fell 35% due to a shortage of computer chips.
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Tobacco giant Philip Morris raises bid for respiratory drugmaker
admin, , Business, 0
The London-listed company said on Friday that it believed it could better positioned under Carlyle’s ownership, noting the “reported...
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TUI says summer holiday season can be saved
admin, , Business, 0
In the past year, TUI has been forced to borrow billions from the German government just to stay afloat....
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Cisco says computer chip shortage to last six months
admin, , Business, 0
That is why Mr Robbins says: “What we don’t want is to have consolidation where any of the risks...
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