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Meta Axes 8,000 Workers As Zuckerberg Admits AI Is Watching, Replacing Labor
Meta Axes 8,000 Workers As Zuckerberg Admits AI Is Watching, Replacing Labor
Welcome to another day of corporate America hemorrhaging engineers and other white-collar workers with insurmountable student debt as AI adoption accelerates. This era will likely be remembered in history as the great "white-collar purge," and the response will be continued hatred of data centers.
We've been covering for weeks that today is D-Day for Meta Platforms employees, who have finally learned their employment fate at the company that owns Facebook and Instagram.
Bloomberg reports that the new round of...
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Mar 27, 2026 / Tyler Durden
Asia Begins Pricing US Oil Against Brent As Dubai Volatility Spikes
Asia Begins Pricing US Oil Against Brent As Dubai Volatility Spikes
Submitted by Michael Kern of OilPrice.com
Asian refiners have started pricing their orders for U.S. crude oil against the ICE Brent benchmark instead of the typical pricing on Dubai crude, as the Middle Eastern benchmark has seen wild fluctuations amid choked physical supply from the Persian Gulf.
Dubai crude prices soared last week to an all-time high of $169.75 per barrel, and were around $130 a barrel early on Friday.
These highly volatile prices and the uncertainty about supply from the Middle...
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Aug 18, 2026 / Alastair Crooke
Netanyahu’s Réprise of the ‘Iraq WMD Deceit’ – Re-launched to Promote War on Iran
President Trump took Secretary of War Hegseth’s military cheerleading (“US military potency is awesome”) at face value, only belatedly to discover that the US is out of interceptors in a war that hinges on air defences. “The restock mathematics is just as cold. Four years to refill the stocks (not four months), because components include […]
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May 31, 2026 / Tyler Durden
Is A New Iron Curtain Inevitable?
Is A New Iron Curtain Inevitable?
Authored by Andrew Korybko,
Russia’s consequent focus on the western front might embolden US-backed NATO member Turkiye to accelerate its power play in the south at the risk of sparking another regional crisis after Ukraine.
Russian Ambassador-at-Large Artyom Bulatov warned in a recent interview that “Westerners, with energy worthy of a better cause, are erecting a new ‘Iron Curtain’, seeking to make irreversible the rupture – provoked by themselves – of socio-economic, trade, transport, interpersonal, cultural, and historical ties that have been built in the region not over...
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