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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. The cuts follow a cull of 11,000 jobs announced by the company in November.
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. Brussels hopes the moves will bolster investment in non-fossil fuel energy as the EU seeks to meet its climate goals to reach net-zero and keep electricity cost down.
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.
Free State woman shares interior design inspired by Facebook post and asks for feedback
A woman from Free State shared images of her small home's interior design on a FB group asking for feedback. The post was inspired by the group, with a twist
Cyril Ramaphosa, Paul Mashatile and 3 other South African politicians who gave love another chance
South African politicians such as President Cyril Ramaphosa and his deputy, Paul Mashatile, have been lucky to find love more than once, despite challenges.
Singer Ringo Madlingozi spends time with son Phila Madlingozi, pic and video leave SA gushing "You're lucky"
Former 'Idols SA' contestant Phila Madlingozi shared a picture and a video showing him hanging out with his dad Ringo Madlingozi. Twitter users were envious.
Beautiful female mathematics teacher goes TikTok viral for division lesson in Sesotho
A TikTok video of a female teacher conducting her mathematics lesson in vernacular went viral. The kids in her classroom seemed very responsive to the lesson.
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. The price for some other Novo Nordisk insulin brands will be lowered by 65 percent, the company said.
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. The consumer price index (CPI) rose six percent from a year ago, below January's figure and in line with expectations, according to Labor Department data released Tuesday.
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