Meta CEO Mark Zuckerberg admitted the company made mistakes during its AI-driven transformation, which included major layoffs, restructuring and the reassignment of thousands of employees. Despite challenges, Zuckerberg said Meta remains committed to AI investment, while promising greater stability and no further company-wide layoffs this year.
US inflation rose 4.2% in May, marking its fastest annual increase in three years, driven largely by higher energy costs linked to the Iran conflict. President Donald Trump said he “loves the inflation” and predicted prices would fall once the war ends, drawing criticism from opponents.
Canada has introduced legislation that would ban children under 16 from using social media platforms unless companies meet strict safety standards. The proposed law also seeks to regulate AI chatbots and create a digital safety regulator, as governments worldwide increase efforts to protect young users online.
US President Donald Trump accused Iran of shooting down an Apache helicopter over the Strait of Hormuz and vowed to respond. Both pilots were rescued unharmed, but the downing of a US Apache helicopter triggered a fresh round of US strikes on Iran, further escalating an ongoing conflict between the…
The United States has confirmed denying entry to a Somali football referee who was scheduled to participate in an upcoming FIFA World Cup tournament. The decision has drawn criticism from Somali officials and raised concerns about visa policies affecting international sporting events hosted in the US.