Meta axes 10,000 jobs in new round of cuts
Facebook owner Meta announced a fresh wave of job cuts on Tuesday, part of what CEO Mark Zuckerberg called the company's "year of efficiency" as the US tech sector continues to downsize.
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EU unveils electricity reforms to reduce price spike threat
The EU laid out plans Tuesday to make electricity bills "less dependent" on fossil fuel costs, to limit the risks of price hikes like those seen after Russia invaded Ukraine.
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US consumer inflation still elevated as Fed comes under stress
US consumer inflation remained elevated in February, according to government data released Tuesday, adding pressure to the Federal Reserve as it balances its fight to lower prices with financial stability concerns.
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Crypto market resilient after collapse of SVB bank
As the Federal Reserve seeks to calm financial markets following the collapse of Silicon Valley Bank, the cryptocurrency market is showing signs of resilience despite links to the crisis.
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EU parliament looks to tighten lobbying rules for ex-MEPs
The European Parliament is pushing to stop former members from lobbying legislators for six months after leaving office, in response to a bribery scandal that has rocked the EU.
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Pakistan police use water cannon in attempt to arrest Imran Khan
Pakistan riot police on Tuesday used water cannon and tear gas to push back supporters of former prime minister Imran Khan who have gathered outside his house to prevent officers from arresting him.
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'No need to worry': Odds drop newly-found asteroid will hit Earth
The chances have plummeted that a newly-discovered asteroid with the potential to wipe out a city will hit Earth on Valentine's Day 2046, the European Space Agency said on Tuesday.
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Novo Nordisk to cut US insulin prices by up to 75%
Novo Nordisk announced Tuesday that it will lower the US price of insulin by up to 75 percent, the latest move by a drugmaker to mitigate diabetes treatment costs.
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US consumer inflation still elevated but Fed under stress
US consumer inflation edged down in February but remains elevated, according to government data released Tuesday, adding pressure to the Federal Reserve as it balances its inflation fight with financial stability concerns.
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Google lets testers access ChatGPT-style generative AI
Google on Tuesday began letting some developers and businesses access the kind of artificial intelligence that has captured attention since the launch of Microsoft-backed ChatGPT last year.
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