Meta (META) to lay off hundreds of people across the co. on Wednesday, according to The Information citing sources

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An informed Iranian political and security source told Al-Mayadeen "Tehran informed the friendly country of Pakistan that it cannot accept the 15 items that make up the American proposal for negotiations"

"Press TV has access to information about Iran's response to the American plan and Iran's conditions for ending the war, which will be published in a few moments", via Mehr

Meta (META) to lay off hundreds of people across the co. on Wednesday, according to The Information citing sources

The official Information Center of the Iranian Government says "Regarding the terms and negotiations, the enemy has raised his own wishes and do not pay too much attention to them", via Telegram

[CALENDER ADDITION] US Interior Secretary Burgum to address oil executives at 09:40EDT / 13:40GMT

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Context

Meta's decision to lay off hundreds of employees indicates a strategic shift likely aimed at cost reduction amid ongoing market pressures. This development could point to challenges in meeting growth targets or adaptation to changing market dynamics, impacting investor sentiment towards not only Meta but the broader tech sector. Watch for potential peer reaction and adjustments in sector valuations.

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