SOCMED

Intercourse, lies and video cams: Andrew Tate turned ladies into slaves, prosecutors say

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BUCHAREST, Feb 2 (Reuters) – The girl from Moldova thought it was love. Web superstar Andrew Tate had supplied her a brand new life. They’d even mentioned marriage. He requested for just one factor: absolute loyalty. “You need to perceive that when you’re mine, you can be mine perpetually,” Tate advised her on Feb. 4 … Read more

Finish of easy-cash period goes to harm

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LONDON, Feb 1 (Reuters) – (This Feb. 1 story has been corrected to repair the identify of CIO within the “Going Personal” part to Nicoll from Nicole) The tip of the easy-cash period is over and its impression but to be felt on world markets, hopeful that the ache of aggressive price hikes and excessive … Read more

Wall St rallies as Fed’s Powell nods to easing inflation after price hike

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Federal Reserve hikes charges by 25 bps Powell says for first time disinflation has began Indexes up: Dow 0.02%, S&P 1.05%, Nasdaq 2% Feb 1 (Reuters) – The S&P 500 and the Nasdaq closed sharply greater on Wednesday after Federal Reserve chair Jerome Powell acknowledged that inflation was beginning to ease, in remarks he made … Read more

Norway wealth fund posts document $164 bln loss

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Loss in 2022 exceeds earlier document from 2008 Inflation, geopolitical tensions stay threat elements Document influx of cash from oil and gasoline trade OSLO, Jan 31 (Reuters) – Norway’s wealth fund, one of many world’s largest buyers, posted a document lack of 1.64 trillion crowns ($164.4 billion) for 2022, bringing to an finish a three-year … Read more

Meta to reinstate Donald Trump’s Fb and Instagram accounts

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Jan 25 (Reuters) – Meta Platforms Inc (META.O) mentioned Wednesday it is going to reinstate former U.S. President Donald Trump’s Fb and Instagram accounts within the coming weeks, following a two-year suspension after the lethal Capitol Hill riot on January 6, 2021. The restoration of his accounts might present a lift to Trump, who introduced … Read more

Cryptoverse: Bitcoin buyers take management

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Jan 24 (Reuters) – Paranoid? The domino downfall of FTX and different crypto custodians is sufficient to take advantage of trusting investor seize their bitcoin and shove it below the mattress. Certainly, holders large and small are taking “self-custody” of their funds, shifting them from crypto exchanges and buying and selling platforms to private digital … Read more

Spotify to trim 6% of workforce in newest tech layoffs

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Jan 23 (Reuters) – Spotify Know-how SA (SPOT.N) stated on Monday it plans to chop 6% of its workforce and would take a associated cost of as much as practically $50 million, including to the large layoffs within the expertise sector in preparation for a attainable recession. The tech trade is going through a requirement … Read more

Alphabet cuts 12,000 jobs after pandemic hiring spree, refocuses on AI

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Jan 20 (Reuters) – Google’s father or mother Alphabet Inc (GOOGL.O) is reducing about 12,000 jobs because it faces “a distinct financial actuality”, it mentioned in a employees memo, doubling down on synthetic intelligence (AI) and axing employees who assist experimental tasks. The job cuts have an effect on 6% of its workforce, and follows … Read more

This is what Twitter misplaced in promoting income in remaining months of 2022

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NEW YORK/LONDON, Jan 20 (Reuters) – High advertisers on Twitter slashed their spending after Elon Musk’s takeover, in response to estimates compiled for Reuters by analysis agency Pathmatics, within the newest shock to the corporate’s dominant income supply. Fourteen of the highest 30 advertisers on Twitter stopped all promoting on the platform after Musk took … Read more

Microsoft to shed 10,000 jobs, including to glut of tech layoffs

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DAVOS, Switzerland, Jan 18 (Reuters) – Microsoft Corp (MSFT.O) on Wednesday stated it could get rid of 10,000 jobs and take a $1.2 billion cost to earnings, as its cloud-computing prospects reassess their spending and the corporate braces for potential recession. The layoffs add to the tens of hundreds introduced in current months throughout the … Read more