Meta to cut 10% of jobs to ‘offset’ Zuckerberg’s AI spending
Social media group plans to spend $135bn on data centres this year

Social media group plans to spend $135bn on data centres this year
Compromised home internet routers and smart fridges are being used in cyber attacks, intelligence agencies warn
British lenders seek advice from US groups testing powerful new cyber security AI model
Long-serving employees given option for buyouts as it prepared to spend $140bn on AI investment this year
Sending a white Afrikaner as ambassador to the US is a diplomatic masterstroke
Cull comes after years of low uptake for voluntary retirement scheme
Trump official Michael Kratsios says Chinese entities stealing from American labs
LVMH’s billionaire boss says luxury group’s recovery hinges on the conflict being resolved quickly
UK oil major lost two votes at its annual shareholder gathering over climate disclosures and electronic meetings
Oil rises as Tehran and Washington battle for control of waterway