Author: News Room

Other former employees echo this statement in posts online, with one video engineer saying “almost everyone” at the company was laid off, “including the entire video team.” Another software engineer says he was laid off along with “a gigantic amount of the company.”Earlier this week, Israeli outlet CTech reported that Vimeo is laying off “most” of its employees in the country. It marks the company’s second round of layoffs in less than six months, as it laid off 10 percent of workers in September — just one week before Bending Spoons announced plans to acquire it.The layoffs raise concerns about…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Intel stock dropped as much as 5.5 per cent Thursday after the US chipmaker gave a downbeat revenue outlook, citing “industry-wide” supply chain constraints hampering its growth.The Santa Clara, California-based company reported that revenue fell 4 per cent to $13.7bn in the quarter to the end of December compared with last year, slightly ahead of Wall Street expectations of $13.4bn compiled by Visible Alpha. But Intel said it expected between $11.7bn and $12.7bn in revenue for the quarter ending in March, with…

US exchange Nasdaq has filed a rule change with the Securities and Exchange Commission to remove limits on options tied to spot Bitcoin and Ether exchange-traded funds, in a move to align crypto ETF options with rules applied to other commodity-based funds.The proposal, filed on Jan. 7 and made effective on Wednesday, lifts the existing 25,000-contract limits on options linked to a range of Bitcoin (BTC) and Ether (ETH) ETFs listed on Nasdaq, including products from BlackRock, Fidelity, Bitwise, Grayscale, ARK/21Shares and VanEck, according to the filing.The SEC waived its standard 30-day waiting period, allowing the rule change to take…

Naomi Osaka’s second round victory at the 2026 Australian Open ended with a very uncomfortable handshake with her opponent, Sorana Cirstea. Following Osaka’s three-set victory on Thursday, January 21, the two players met at the net before exchanging in a visibly tense conversation near the chair umpire.  During the third set, Cirstea, 35, complained to the umpire about Osaka, 28, shouting “come on!” repeatedly during the match, including in between her serves.  “Is this OK?” Cirstea asked. “To do ‘come on’ between points?” Osaka addressed the encounter during her post-match interview on Margaret Court Arena, when she was asked “what…

President Bola Ahmed Tinubu has approved the posting of four ambassador-designates out of the 68 confirmed by the Senate last December. In a statement by presidential spokesperson, Bayo Onanuga, President Tinubu confirmed the posting of Ambassador Ayodele Oke as the ambassador-designate to France and Colonel Lateef Are as the ambassador-designate to the United States of America. Also confirmed by the President is the posting of Ambassador Amin Dalhatu, former ambassador to South Korea, as the high commissioner-designate to the United Kingdom. Usman Isa Dakingari Suleiman, former governor of Kebbi State, is the ambassador-designate to Turkey, where the President is scheduled…

The General Overseer of Salvation Ministries, a Port Harcourt-based church, David Ibiyeomie, has declared that the unending fight between Rivers State Governor, Siminalayi Fubara, and the Minister of the Federal Capital Territory, Nyesom Wike, is spiritual. According to him, there is nothing any mortal man can do to stop the conflict, adding that only God can end the political logjam. Addressing members of his congregation in a video that has gone viral, the pastor recalled that Peter Odili fought his benefactor, Rufus Ada George; Chibuike Amaechi fought Peter Odili, who helped him become governor; Nyesom Wike battled Amaechi, his boss;…

The Oyo State Police Command has confirmed the arrest of two suspected cattle rustlers identified as Abu Muhammed and Aliu Bello. A statement issued on Thursday by the Police Public Relations Officer, DSP Ayanlade Olayinka, said the suspects were attempting to conceal the stolen cattle when they were arrested by operatives of the command. The operation, according to the command, was carried out at Odojaye via Aganyan, Iresadu. The PPRO disclosed that during the operation, 26 cows, estimated at N6,250,000, were successfully recovered. According to the command’s spokesperson, the recovery and arrest of the suspects reflected the “tangible results of…

Former Real Madrid forward, Gareth Bale, has expressed his views on the recent sacking of manager Xabi Alonso. Bale attributed Alonso’s dismissal to his inability to manage the egos present in the Real Madrid squad. Alonso, who replaced Carlo Ancelotti, was recently sacked after taking the reins at the Santiago Bernabeu last year. “You need to manage the egos in the dressing room, you’ve to pamper the egos. You don’t need to do so many tactical things,” Bale said during an interview with TNT (via The Real Champs). “In the dressing room, there are superstars who can change matches in…

The Federal Road Safety Corps, Delta State Sector Command, has urged passengers to speak up against reckless driving as part of efforts to reduce road accidents in the state. Sector Commander Mrs Joyce Alexander made the call on Thursday while briefing journalists on the outcome of the command’s Operation Zero Tolerance special patrol, which ran from December 15, 2025, to January 15, 2026. She said the operation recorded 10 road accident deaths, a 30 per cent reduction compared to 55 fatalities during the same period last year. “The number of fatal accidents dropped to six, indicating a 17 per cent…

Five members of the Central Bank of Nigeria’s Monetary Policy Committee voted for a 50-basis-point reduction in the Monetary Policy Rate at the November 2025 meeting, citing sustained disinflation, stronger external buffers, and improving growth conditions. This was according to their personal statements released by the apex bank on its website on Wednesday. The members are a former Executive Director at Fidelity Bank Plc, Aku Odinkemelu, an economist and policy expert, Aloysius Ordu, the Managing Director at EcoDonini Solutions Ltd, Bandele Amoo, a former Director-General of the Securities and Exchange Commission, Lamido Yuguda, a renowned economist and university don, Prof…