Technology
Exclusive: Meta to lay off employees in metaverse silicon unit on Wednesday
World at Work ·October 3, 2023 · 10:07 PM UTC Meta is planning to lay off employees on Wednesday in the unit of its metaverse-oriented Reality Labs division focused on creating custom silicon, two sources familiar with the matter told Reuters on Tuesday.
- MarketsTPG Telecom's $4 bln fiber assets bid's due diligence period expires
Australia's TPG Telecom said on Wednesday the exclusive due diligence period granted to Macquarie-backed rival Vocus Group for the A$6.3 billion ($3.97 billion) bid for its non-mobile fiber assets has expired.
- MarketsRussian tech firm Astra to open books for IPO on Thursday - sources
Russian technology company Astra plans to open the books for an initial public offering (IPO) on the Moscow Exchange on Thursday, two financial market sources told Reuters, with trading due to start on Oct. 13.