Meta plans to cut around 10% of the employees in its Reality Labs division who work on products including the metaverse, the New York Times reported on Monday, citing three people with knowledge of the discussions.

US President Donald Trump has imposed a 25% tariff on nations trading with Iran, escalating pressure over Tehran’s violent crackdown on protests. Trump warned of severe retaliation if Iran strikes US bases, stating the nation is nearing a red line.

US President Donald Trump on Monday announced a 25 percent tariff on any country trading with Iran, ramping up pressure on Tehran over its violent crackdown on a wave of protests.