Meta Platforms, the parent company of Facebook, WhatsApp, and Instagram, is planning to lay off thousands of employees, potentially affecting up to 20% of its workforce. The job cuts are intended to save costs to fund the company's significant investments in artificial intelligence.
Ajax midfielder Kian Fitz-Jim is set to join Italian club Torino after undergoing a medical examination today. The 23-year-old will sign a three-year contract, with an option for an additional season, in a transfer valued at approximately 3 million euros.
Six million Europeans have participated in a vote regarding the designs for new euro banknotes, according to the European Central Bank. The bank recently unveiled ten potential designs for the public to consider.
The Dutch Tax and Customs Administration is saving nearly 2 million euros in printing and mailing costs as fewer blue envelopes are being sent. This decrease is due to nearly four million citizens opting to receive their tax correspondence exclusively in digital format.
TicketSwap has introduced a new feature allowing festival organizers to set minimum price limits on secondary ticket sales. This change aims to end the practice of dumping tickets at extremely low prices, making it harder for consumers to purchase last-minute tickets for a significant discount.
Oil prices increased on Wednesday following a new escalation in the Middle East. Saudi Arabia reported conducting targeted strikes against Iran-backed militias in Iraq, carried out in coordination with the United States Central Command.