Meta to cut up to 30% of metaverse budget, Bloomberg News reports
Elon Musk’s Next BIG Bet In Today’s News Trump’s New AI Initiative Is a Game Changer [sponsor] Meta to cut up…
Day: December 4, 2025
Pentagon’s AUKUS review finds opportunities to put deal on “strongest possible footing”, US official says
WASHINGTON, Dec 4 (Reuters) – The Pentagon has completed its review of the AUKUS nuclear submarine partnership and found areas…
HSBC’s long-term vision questioned after Nelson appointment
By Lawrence White LONDON, Dec 4 – HSBC’s appointment of Brendan Nelson as chairman on a permanent basis raises questions…
Meta to cut up to 30% of metaverse budget, Bloomberg News reports
Dec 4 (Reuters) – Meta is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg…
Bessent plans to push residency requirement for regional Fed bank presidents
By Dan Burns and Michael S. Derby Dec 3 (Reuters) – U.S. Treasury Secretary Scott Bessent on Wednesday said he…
US manufacturing production flat in September
WASHINGTON, Dec 3 (Reuters) – U.S. factory production was unchanged in September as manufacturing remained constrained by tariffs on imports.…
Russia raises jail sentence of American Robert Gilman to 10 years for assault on prison staff
MOSCOW, Dec 3 (Reuters) – Former U.S. Marine Robert Gilman was convicted by a Russian court on Wednesday of a…