Following through on an old threat, Iran has effectively closed the Strait of Hormuz, cutting off a vital waterway that normally carries about a fifth of global oil and liquefied natural gas supplies, in retaliation for U.S.-Israeli strikes. As oil markets worry about a global energy crisis, the United States has said it may consider escorting vessels through the strait, which could prove very hard to secure — something Yemen's Houthis proved in disrupting Red Sea shipping last year.
About a fifth of global oil and liquefied natural gas normally passes through the strait, where traffic has dropped by 97% since the U.S.-Israeli war against Iran began on Feb. 28, according to United Nations data. #OilPrice
Meta (META.O), opens new tab has postponed the release of its artificial intelligence model "Avocado" to at least May, from this month, the New York Times reported on Thursday, citing sources. The performance of Meta's new AI model currently falls between Google's (GOOGL.O), opens new tab AI Gemini 2.5 and Gemini 3, delaying its launch until May or June, a person familiar with the matter told Reuters. #OilPricesSlide #MetaPlansLayoffs
Meta (META.O),打開新標籤頁 計劃進行大規模裁員,可能影響公司20%或更多的員工,三位瞭解情況的消息人士告訴路透社,因爲Meta尋求抵消成本高昂的人工智能基礎設施投資,併爲由人工智能輔助的員工帶來的更高效率做準備。 裁員的具體日期尚未確定,規模也尚未最終敲定,這些人表示。 #MetaPlansLayoffs