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Fintech Bench conducts layoff while others still work month-to-month

Bench, the accounting and tax startup that was bought in a fire sale last December, has conducted a round of significant layoffs, it confirmed to TechCrunch. Bench didn’t specify how many people were affected, but one person who works there estimated that Bench was eliminating dozens of positions – that’s a big chunk of the … Read more

Meta conducts layoffs in Oculus Studios, impacting VR exercise app Supernatural

Meta laid off employees on Thursday in its Reality Labs division, which encompasses various virtual and augmented reality projects. The cuts impact employees within Oculus Studios, which develops apps and games for Meta’s Quest headsets. Meta did not specify how many people were impacted by the layoffs but said that the cuts impacted people working … Read more

China conducts live fire drills near Taiwan in East China Sea

A Taiwanese military corvette sails as a Navy soldier stands guard on a vessel, during a Navy Drill for Preparedness Enhancement ahead of the Chinese New Year, amid escalating Chinese threats to the island, in Keelung, Taiwan, 7 Jan, 2022.   Ceng Shou Yi | Nurphoto | Getty Images The U.S. on Wednesday reaffirmed its commitment … Read more

Military conducts airstrikes against Houthis in Yemen

The U.S. military confirmed it conducted airstrikes in Yemen, saying it targeted a missile storage site and a command-and-control center operated by Iran-backed Houthi rebels. U.S. Central Command (CENTCOM) announced the successful strikes in a release Saturday, saying they were meant to “disrupt and degrade” Houthi operations. “CENTCOM forces conducted the deliberate strikes to disrupt … Read more

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