Geopolitics

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Meta plans to carry out large-scale layoffs that could affect 20% or more of its employees

Gate News reported that on March 15, according to Reuters, Meta is planning large-scale layoffs that could affect 20% or more of its workforce. This move aims to offset the cost pressures from artificial intelligence infrastructure investments and prepare for the higher efficiency brought by AI-assisted employees. Currently, the specific date of layoffs has not been determined, and the final scale of layoffs has not been finalized.
GateNews·6m ago

Two Indian Oil Tankers Successfully Transit Strait of Hormuz, Hyperliquid Crude Oil Futures Price Falls Below $100

Two Indian liquefied petroleum gas vessels successfully transited the Strait of Hormuz, transporting 92,700 tons of cargo. This move stems from international diplomatic negotiations and reduces the risk of U.S. military escort involvement. Analysis suggests that if Tehran permits safe passage, it could restore more than half of the traffic volume through the strait, leading to a decline in crude oil futures prices.
GateNews·3h ago

Former UK Prime Minister calls Bitcoin a Ponzi scheme; Eric Trump posts a rebuttal

Gate News reports that on March 15, Eric Trump, Donald Trump's second son, posted on the X platform expressing his disagreement with former UK Prime Minister Boris Johnson's claim that "Bitcoin is a Ponzi scheme." Previously, Boris Johnson stated that he has always suspected Bitcoin to be a Ponzi scheme and claimed that he became more confident in this judgment after hearing about multiple related cases.
BTC1,28%
GateNews·5h ago