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  • Meta to lay off more than 11,000 employees

    Meta to lay off more than 11,000 employees

    Meta is about to follow Twitter's footsteps to have a big-scale employee layoff. Recently, CEO Mark Zuckerberg shared that the company would cut off about 13% of employees, around 11,000 jobs, through a blog post.

  • Xiaomi releases official statement to announce that it's now clear of the US ban

    Xiaomi releases official statement to announce that it's now clear of the US ban

    It looks like the US government is now after Xiaomi for the same reason that they imposed a trade ban on HUAWEI. Earlier, it was reported that US individuals or companies are not allowed to invest in the Chinese tech company anymore as it was added to the blacklist of companies suspected of having ties to the ruling Chinese Communist Party. However, the good news has arrived today with an official statement from Xiaomi claiming that the restriction has now been removed.