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Meta To Lay Off Hundreds Of Workers Today As AI Pivot Accelerates
Meta To Lay Off Hundreds Of Workers Today As AI Pivot Accelerates
Meta Platforms is laying off a few hundred employees today as its workforce restructuring continues, following years of terrible metaverse bets and overhiring during the Covid era. Reports of another round of layoffs surfaced earlier this month, and just last week, Meta shut down Horizon Worlds, its virtual reality social network for Quest headsets.
The Information reports that a few hundred employees will be let go today as part of the company's effort to reposition itself in the AI...
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Jul 28, 2026 / Tyler Durden
The Socialist Monster Awakens
The Socialist Monster Awakens
Authored by Victor Davis Hanson via American Greatness,
Who Caused Unaffordability?
Fear about “affordability” supposedly fueled the new, strident socialism.
Yet annual inflation during Biden’s four years averaged almost 5 percent. It peaked at over 9 percent, while prices for some key staples rose by 30 percent over his tenure—all to silence from the Left. (By contrast, annual inflation during Trump’s first term averaged 1.9 percent. In his second term, it averaged 2.6 percent in 2025—and may rise to 4.5 percent in 2026, given the war with Iran.)
The socialists...
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May 7, 2026 / Tyler Durden
UAE Slips Hidden Oil Tankers Through Straits Of Hormuz
UAE Slips Hidden Oil Tankers Through Straits Of Hormuz
While conventional wisdom, especially after Trump's counter-blockade of Iran's blockade, that the Strait of Hormuz is completely blocked, the reality is that the UAE is now running loaded crude tankers through the Iranian-controlled Strait of Hormuz with transponders switched off - just like sanctioned Iranian ghost fleets in the pre-war period - just to pry loose a fraction of the oil bottled up in the Gulf.
According to shipping data reported by Reuters, industry sources, and satellite tracking, Emirati state-owned energy giant...
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May 19, 2026 / Daniel McAdams
Israel’s ‘War to the Root’ May Unravel America
Both Trump’s Iran war and the closely connected Israeli war for Jewish hegemony across the Middle East (termed “Permanent Security” in Israeli military vernacular) are unravelling fast. Iran is standing defiant in the face of Trump and Israel’s threats, leaving Trump gambling the entire US economy and its global strategic standing on conjuring up a […]
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