Nic Szerman lost his job at Meta Platforms in November, just two months after joining full-time, falling victim to a sweeping 13% reduction of its workforce as the advertising market cratered.
U.S. stock index futures rose on Tuesday, the first trading day of 2023, as investors await a slew of economic data this week as well as minutes from the Federal Reserve's previous meeting for clues on the path of future interest rate hikes.
ByteDance, the Chinese parent company of video app TikTok, has laid off hundreds of employees across multiple departments at the end of 2022 as part of a cost-cutting measure, the South China Morning Post reported on Tuesday.
Sam Bankman-Fried is expected on Tuesday to enter a plea of not guilty to criminal charges that he cheated investors and looted billions of dollars at his now-bankrupt FTX cryptocurrency exchange, according to a source familiar with the matter.
Chinese new-home sales rose more than 20% year-on-year over the three-day New Year holiday starting from Dec. 31, due to promotions, support policies taking effect and the gradual release of pent-up demand after high COVID-19 cases.
German unemployment fell in December, Labour Office figures showed on Tuesday, with the labour market overall being only moderately affected by the war in Ukraine last year.
A tender for the sale of embattled China Evergrande Group's headquarters in Hong Kong has lapsed again, two sources with knowledge of the matter said on Tuesday, because the offer prices and terms fell short of requirements.
The tender sale of embattled China Evergrande Group's Hong Kong headquarters has lapsed again, two sources with knowledge said, because the offer prices and terms did not meet requirements.
