News

Meta cuts jobs in Metaverse Silicon Unit

Published

2 years ago

October 4, 2023

ticker NEWS

Meta, the parent company of Facebook, is reportedly trimming its workforce in the metaverse silicon division, according to insider sources.

This move comes as Meta continues to face challenges and scrutiny in the metaverse space.

The metaverse silicon unit, responsible for developing hardware components for Meta’s ambitious metaverse plans, will see a significant reduction in staff. While specific numbers have not been confirmed, sources suggest that several hundred employees may be affected.

Meta’s decision to cut jobs in this division reflects the company’s need to reevaluate its metaverse strategy and allocate resources more efficiently. The metaverse project has faced technical hurdles and mixed public reception, prompting Meta to adjust its approach.

This restructuring follows Meta’s recent announcement of a new metaverse roadmap, which includes plans for improved hardware and software integration to enhance the metaverse experience for users.

The company aims to remain at the forefront of the metaverse revolution despite the challenges it has encountered. However, the decision to downsize its silicon unit suggests a reevaluation of priorities and a desire to streamline operations.

News

U.S. envoys head to Moscow as Ukraine peace talks accelerate

U.S. envoys to meet Putin, signaling a potential shift in Ukraine war diplomacy.

Published

12 hours ago

January 22, 2026

Harvey Vargas

U.S. envoys to meet Putin, signaling a potential shift in Ukraine war diplomacy.

Senior U.S. envoys are preparing to meet Russian President Vladimir Putin as diplomatic efforts around the war in Ukraine gather pace. The visit comes after Russia formally requested high-level talks, signalling a potential shift in momentum.

Special Envoy Steve Witkoff and Jared Kushner are set to travel to Moscow following months of behind-the-scenes discussions. The move underscores Washington’s willingness to engage directly as negotiations enter a more decisive phase.

With global attention fixed on the outcome, the meeting could shape the next chapter of the conflict — and determine whether diplomacy can finally overtake military escalation.

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News

Trump drops tariff threat after Greenland framework deal

Trump announces Greenland deal, easing tariff threats amid trade tensions, boosting US markets and sparking Arctic diplomacy debate.

Published

12 hours ago

January 22, 2026

Harvey Vargas

Trump announces Greenland deal, easing tariff threats amid trade tensions, boosting US markets and sparking Arctic diplomacy debate.

U.S. President Donald Trump has announced a framework deal involving Greenland, stepping back from earlier threats to impose tariffs on Europe. The shift comes after heightened global concern over trade tensions and geopolitical stability.

The announcement followed Trump’s appearance at the World Economic Forum in Davos and discussions with NATO’s Secretary General.

Denmark’s Foreign Minister has since weighed in, responding to speculation surrounding Greenland’s future and the implications of US involvement.

Markets reacted positively, with US stocks rallying after Trump signalled he would abandon the tariff threats.

While Trump reiterated he would not use force to acquire Greenland, the move has sparked renewed debate about diplomacy, trade, and influence in the Arctic region.

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News

Coalition cracks deepen as Nationals break ranks over Labor reforms

Nationals senators defy party lines, voting against Labor’s reforms as Coalition faces internal rifts and leadership concerns.

Published

2 days ago

January 21, 2026

Harvey Vargas

Nationals senators defy party lines, voting against Labor’s reforms as Coalition faces internal rifts and leadership concerns.

A rift has emerged in the Coalition after three Nationals senators crossed the floor to vote against Labor’s post-Bondi hate group reforms, defying party lines and raising questions about their future in the shadow cabinet.

Their proposed amendment calling for greater scrutiny was rejected, and Labor’s legislation passed the Senate 38 votes to 22, cementing the reforms into law despite opposition pushback.

Coalition leadership will meet Wednesday to assess the political fallout, though some MPs consider the issue minor in terms of potential resignations. The incident highlights growing tensions within the party as internal discipline comes under pressure.

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