- •
Trump is leveraging diplomatic pressure to reopen the Strait of Hormuz - the administration is demanding that NATO and China contribute to securing the waterway, even threatening to delay high-level summits with President Xi to force a commitment.
“It’s only appropriate that people who are the beneficiaries of the strait will help to make sure that nothing bad happens there.”
- •
Meta is reportedly eyeing a 20% workforce reduction due to AI costs - the tech giant may lay off approximately 16,000 employees as the capital expenditures required for AI infrastructure continue to balloon and strain operational budgets.
“Meta eyes massive... 20% of the workforce cut as AI infrastructure costs continue to soar across operations report.”
- •
The escalating conflict with Iran has already cost taxpayers $21 billion - as the U.S. sends more Marines and assault ships to the region, the combination of direct military spending and spiking oil prices is creating a significant economic burden.
“The war so far has cost $21 billion to all the people that are taxpayers. Wondering how much you have to pay up. That bill is coming here very soon.”