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Meta To Unleash First Wave Of Mass Layoffs May 20 As It Eliminates 10% Of Its Workers
Meta To Unleash First Wave Of Mass Layoffs May 20 As It Eliminates 10% Of Its Workers
The FaceBook currently known as Meta for one failed venture that incinerated nearly $100 billion in cash for its failed transformation to a virtual reality hub while laying off thousands, is at it again.
As we previewed a few weeks ago, Meta - which inexplicably hasn't changed its name to AIbook yet - will proceed with the first wave of mass layoffs planned for this year on May 20, with more coming later, Reuters...
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Jun 23, 2026 / Tyler Durden
The Decline Of Mainstream Media: From COVID To Capital Markets
The Decline Of Mainstream Media: From COVID To Capital Markets
Submitted by QTR's Fringe Finance
Many of my subscribers first found me before the COVID narrative became mainstream, when I was ringing the alarm bells about the stock market in late 2019 and early 2020 and warning people that the virus was going to be a much bigger deal than people thought.
At the time, almost nobody cared about COVID. The consensus view was that it was a localized problem in China and that markets would continue marching higher as they always had. By...
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Jul 21, 2026 / Tyler Durden
The Conflicts Brewing In America's Ten Classes
The Conflicts Brewing In America's Ten Classes
Authored by Charles Hugh Smith via OfTwoMinds blog,
What we do know is that things have internal structures with dynamics that operate whether we "like" them or not.
Correspondent Manoj S. recommended an essay from the always-insightful John Michael Greer on the dissolution of unproductive classes behind the smokescreen of AI: A Game of Musical Chairs
"You can sell Americans on anything, no matter how wretchedly unsatisfactory it is, by labeling it as progress. That's what's being done now, with AI being used as a justification for...
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Jul 21, 2026 / Tyler Durden
Feds Flagged Daszak As 'An Extremely High Person Of Interest' - Then The FBI Told Them To Stand Down
Feds Flagged Daszak As 'An Extremely High Person Of Interest' - Then The FBI Told Them To Stand Down
Customs officers spent three days building a border examination for the man at the center of the COVID origins fight - until Biden's FBI put a stop to it with a single email.
On February 2, 2021, a national targeting security specialist at U.S. Customs and Border Protection's National Targeting Center circulated a referral to colleagues across the agency. The subject was Peter Daszak, president of EcoHealth Alliance, scheduled to land at...
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