Washington Post To Eliminate 240 Jobs Through Voluntary Buyouts After 'Overly Optimistic' Projections
The Washington Post has reportedly been struggling with its finances in the past three years and is said to be on track to lose around $100 million this year.
China, Philippines Renew War Of Words As Focus Shifts From Scarborough To Spratly Islands
Tensions over the disputed Scarborough Shoal are yet to de-escalate, but China and the Philippines are at it once again with a word war over the long-disputed Spratly Islands.
Jeff Bezos' Blue Origin Cuts 40 Jobs As Launch Mishap Probe Ends: Report
Blue Origin has reportedly eliminated more than three dozen employees in its technology unit about a month after the aerospace firm cut human resources jobs.
No Reason To Ruin US-China Relations, Xi Tells Schumer, Senators Amid Looming APEC Summit
Chinese President Xi Jinping had an amicable meeting with Senate Majority Leader Chuck Schumer following months of escalated tensions between the world's largest economies.
ASEAN Doesn't Want Region To Become 'Arena Of Confrontation': Thai Deputy PM
Both the U.S. and China are Thailand's major trading partners. But the country's deputy PM said ASEAN, of which Thailand is a member, will not be forced to take sides as the world's largest economies engage in a power play.
Networking Giant Juniper Networks To Cut Over 400 Jobs Globally Amid Restructuring Efforts
Juniper Networks said it was looking to "reallocate resources" to ensure that the company's strategic priorities are efficiently managed.
DreamWorks Animation Cuts 70 Staff In Corporate, TV, Tech Units Amid Cost-Cutting
DreamWorks Animation has laid off dozens of staff at four departments amid the company's preparations for the release of the third "Trolls" movie.
'The Wolf Among Us' Developer Laid Off 'Most Of' Its Workers In September, Ex-Employee Says
Telltale Games confirmed it has let go of some of its team members due to "current market conditions." It said all projects in development "are still in production."
Afghanistan's Taliban Says Threats Against China 'A Challenge To Our Own'
Afghanistan's foreign minister told his Chinese counterpart Thursday that any threats against China would be taken seriously amid reports of terror attacks targeting Chinese nationals in the country.
Maritime Incident That Killed 3 Fishermen Not Related To Territorial Dispute: Philippine Coast Guard Official
A Philippine Coast Guard official said the tragic incident that cost the lives of three Philippine fishermen near Scarborough Shoal earlier this week was not related to territorial disputes in the South China Sea.
Tech Layoffs: Software Company Qualtrics Cuts 780 Jobs, Citing 'Complexity' In Structure
Qualtrics is cutting its staff by the hundreds amid an organizational complexity driven by rapid hiring in the past years. The software company was acquired by Silver Lake in June.
Investment Bank Citigroup Begins Role Review For November Layoffs: Report
Citigroup is looking to announce the results of its organizational review next month as it continues to simplify the bank's structure.
Scarborough Shoal: The Strategic Reef At The Center Of China-Philippine Tensions
Scarborough Shoal, 11 years after a 10-week standoff between Philippine and Chinese warships, is again at center of a territorial dispute between China and the Philippines.
Twitch Cuts Staff For Second Time This Year, Just Ahead Of TwitchCon Event: Reports
The layoffs will reportedly happen in the customer experience unit. Twitch last reduced its workforce in March after its parent company Amazon announced it was eliminating around 9,000 roles.
Senators Call For 'Unbiased' Probe, Accountability In Deaths Of 3 Filipino Fishermen Near Scarborough Shoal
The Philippine Coast Guard said three Filipino fishermen died after a foreign commercial vessel "rammed" into a Filipino fishing boat early Monday around the vicinity waters of Scarborough Shoal.
Malaysia To Try Cloud Seeding To Combat Haze As Indonesia Denies Transboundary Smoke
Malaysia blamed forest fires in the islands of Sumatra and Kalimantan in neighboring Indonesia for the worsening air quality in parts of the country. Indonesia denied it, saying there was "no transboundary haze."
TikTok Parent ByteDance's Valuation Plunges 26% Amid Share Buyback: Report
TikTok parent ByteDance was, at one point, valued at $400 billion. The short-form video hosting service has been banned by various Western governments amid cybersecurity concerns and questions over its alleged links to Beijing.
US-Philippines Joint Navy Drills Kick Off After Chinese Boats Allegedly Block Filipino Fishermen
The SAMASAMA joint naval exercises have kicked off in the South China Sea as the Philippines continues to strengthen alliances with the U.S. and other countries amid escalating tensions in the disputed Scarborough Shoal.
N. Korea Calls UN Nuclear Watchdog A 'Paid Trumpeter' Of US Following IAEA Resolution
North Korea said the IAEA was a "paid trumpeter" of the U.S. and has walked away from its mission of maintaining impartiality. The IAEA has not had access to the reclusive country since 2009.
Beijing Claps Back At State Department Report, Calls US An 'Empire Of Lies'
Beijing is not sitting idly by after the U.S. State Department released a new report accusing China of a global information manipulation drive, saying it was Washington that has been spreading lies.
US Says China Spends Billions On Global 'Information Manipulation' Drive Annually
The U.S. State Department released a new report accusing Beijing of utilizing "information manipulation" through various means such as suppressing critical information that contradicts its narratives and controlling Chinese-language media.
Chinese Anti-Sub Warfare Aircraft Detected Near Taiwan After Island Unveils First Home-made Submarine
Taiwan unveiled its first home-grown submarine Thursday, and China, which claims the self-governed island as part of its territory, sent warplanes as well as anti-submarine warfare aircraft near the island the next day.
Sega Cancels 'Hyenas' Before Release Amid Low Europe Profitability; Mass Layoffs Expected
"Hyenas," the Creative Assembly title that recently concluded its beta, has been canceled, Sega said Thursday. The studio has since confirmed that the title's cancelation may result in layoffs.
Scarborough Shoal: Expert Says South China Sea Version Of 2020 Sino-India Himalayan Clash Possible
So far, the two countries have only been exchanging words after the Philippine Coast Guard accused the Chinese maritime militia of installing the 300-meter "floating barrier."
Activision Blizzard Cuts 'Hearthstone' Team As FTC Revives Case Against Microsoft's Acquisition Deal
News of the layoffs came on the same day the U.S. Federal Trade Commission (FTC) said it would revive an internal case regarding Microsoft's bid to acquire the gaming behemoth.
Snapchat Parent To Shutter AR Enterprise Unit; 170 Employees To Be Laid Off
Snapchat's parent company Snap said Wednesday it was shutting down its six-month-old ARES business. CEO Evan Spiegel said the company could no longer invest in the unit at this time.
Once Valued At $10B, Talkdesk Cuts Staff In Third Round Of Layoffs Since Last Year: Report
Talkdesk was valued at $10 billion in mid-2021 after it secured $230 million in funding. But amid a wider tech reckoning, the software provider has implemented three rounds of workforce cuts since August 2022.
'Mang Arnel' Trends On X After Filipino Fisherman Circles Chinese Vessel In Protest
Arnel Satam, a Filipino fisherman who circled a Chinese Coast Guard 3105 ship, was a trending topic on Twitter Tuesday. His near-collision with a Chinese speed boat and circling of a much larger vessel is deemed a show of bravery amid escalating tensions at Scarborough Shoal.
China-PH Dispute: Senator 'Sick And Tired' Of Manila's Diplomatic Protests Amid Floating Barrier Tensions
Philippine senators appear to be getting fed up with China's "bullying" of the PCG and Filipino fishermen, but none of them want to go to war, demonstrating how high the stakes are should an armed conflict arise from escalating tensions at Scarborough Shoal.
Google-Backed Delivery Platform Dunzo Cuts Staff Months After Deferring Employees' Salaries: Report
Dunzo, backed by Google and billionaire Mukesh Ambani's Reliance Industries, is reportedly cutting staff again after multiple layoff rounds earlier this year. The online delivery platform has been grappling with a funding crunch that reportedly delayed salary payments.