Global stocks and currencies fall as crude oil prices hold above $100 per barrel amid rising Middle East tensions.

BREAKING: Meta plans to lay off approximately 10 percent of its workforce, according to a source speaking to AFP.

Meta is planning to lay off approximately 10 percent of its workforce, according to a source speaking to AFP.

BREAKING: President Donald Trump describes the blockade on Iran's ports as "tight and strong," warning that the situation for the country will only worsen.

President Donald Trump stated that the blockade on Iran's ports is "tight and strong" and warned that the situation for Iran will continue to deteriorate.

Meta announces plans to cut 10% of its workforce as part of a new efficiency drive. The company is moving to reduce headcount across its divisions. #Meta #TechNews

Meta has informed staff that it will reduce its workforce by 10% as part of an initiative to increase operational efficiency.

UPDATE: Iran central bank confirms receipt of cash payments for new Strait of Hormuz transit fees. The announcement follows media speculation regarding the currency used for the newly established maritime charges. #Hormuz #Iran

Iran's central bank has confirmed the receipt of cash payments for new transit fees imposed on vessels navigating the Strait of Hormuz, according to the Fars news agency.