Meta stock climbs 6% on report of planned metaverse cuts

Meta CEO Mark Zuckerberg has repositioned the social media giant as an AI company. Vincent Feuray | AFP | Getty Images Meta Platforms shares popped about 6% higher on Thursday after Bloomberg reported that CEO Mark Zuckerberg was looking to make significant cuts to the company’s metaverse resources. Bloomberg said that executives have considered cuts…

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Newsom blasts Trump's reported drilling plans

{Beacon} Energy & Environment Energy & Environment The Big Story Newsom blasts reported drilling plans off California coast California Governor Gavin Newsom (D) criticized the Trump administration’s reported plan to begin new drilling off California’s coasts as “dead on arrival.” © Mark Schiefelbein, Associated Press “As it relates to offshore oil drilling, it… Source link

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FEMA rejects western Maryland flood aid request

Maryland Governor Wes Moore (D) said the Federal Emergency Management Agency (FEMA) rejected his state’s appeal for federal disaster relief for flooding in May. moore, In Thursday’s releasecalled the move “extremely disappointing” and said it “leaves Marylanders to fend for themselves.” “FEMA has a responsibility to objectively weigh the merits of each emergency request,” Moore…

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