Author: Imran Malik

Meta may cut up to 20% of its workforce as it pours billions into artificial intelligence and data centers, signaling a major shift toward automation across the global tech industry. WEBDESK – Act Global Media Meta Platforms is reportedly considering sweeping layoffs that could impact up to 20% of its global workforce as the social media giant accelerates massive investments in artificial intelligence infrastructure and automation. According to internal discussions cited in multiple reports, senior executives are evaluating plans to significantly reduce staffing levels while redirecting resources toward advanced AI systems and large-scale data centers. A spokesperson for Meta downplayed…

Mortgage rates around 6.1 percent remain relatively low, but high home prices are still the biggest obstacle for buyers in 2026, experts say, as affordability challenges keep sales subdued. WEBDESK – Act Global Media The debate over whether mortgage rates or home prices matter more for buyers has intensified in 2026 as the housing market struggles with affordability challenges. According to data cited by mortgage buyer Freddie Mac, the average long-term mortgage rate in the United States has hovered around 6.1 percent, the lowest level in more than three years. However, high property prices continue to make home ownership difficult…

Fans were surprised after Cardi B was seen using an oxygen mask backstage during her Denver concert, but the moment was likely caused by the city’s high altitude and thinner air. WEBDESK – Act Global Media Rapper Cardi B surprised fans during her recent concert in Denver, after videos circulated online showing her briefly using an oxygen mask backstage, sparking curiosity and speculation across social media. Clips shared by concertgoers showed the Grammy-winning artist taking a short break backstage with an oxygen mask before returning to perform, prompting many fans to question whether the rapper was experiencing a health issue…

Campbell’s stock heads toward a 23-year low after weak earnings and declining soup and snack sales. The company cut its full-year outlook as demand for major brands continues to soften. WEBDESK – Act Global Media Shares of Campbell’s Co. plunged Wednesday, putting the iconic American food company on track for its lowest stock price in more than two decades after disappointing earnings revealed continued declines in soup and snack sales. The company, known for brands such as Goldfish, Snyder’s pretzels, Cape Cod chips, Pepperidge Farm, and V8, reported weaker-than-expected quarterly results and lowered its full-year outlook, raising concerns about slowing…

Oil prices rise toward $85 as markets await a possible historic release of emergency reserves, while the Iran war disrupts shipping in the Strait of Hormuz. WEBDESK – Act Global Media Global oil prices climbed on Wednesday as traders closely monitored the ongoing conflict involving Iran and the United States, alongside discussions about a potential historic release of strategic petroleum reserves. The international benchmark Brent crude rose about 2 percent to around $89.49 per barrel, while US crude oil climbed roughly 2.4 percent to $85.44, after briefly reaching higher levels earlier in the session. Markets await major emergency oil release…

Timothée Chalamet faces backlash over comments about ballet and opera just days before the Oscars, raising questions about whether the actor’s once dominant awards season momentum is fading. Hollywood star Timothée Chalamet is facing unexpected backlash just days before the Academy Awards, raising questions about whether the actor’s golden run during awards season may be losing momentum. Chalamet had been widely considered the frontrunner for the Best Actor Oscar for his role in the film Marty Supreme. However, recent comments about ballet and opera have sparked criticism from artists and commentators, shifting attention away from his performance and toward his…

Toronto police investigate reports of gunfire near the US consulate early Tuesday, as authorities examine possible links to rising global tensions and recent attacks targeting diplomatic and Jewish sites. WEBDESK: Act Global Media Police in Toronto are investigating reports that shots were fired near the United States Consulate General in Toronto early Tuesday morning, raising security concerns amid heightened global tensions. According to the Toronto Police Service, officers received a report of gunfire shortly before 5:30 am local time. Investigators later confirmed that evidence of a firearm discharge was found at the scene, although no injuries have been reported and…

Police arrested a suspect after multiple shots were fired at the Beverly Hills home of Rihanna, with reports saying the singer was inside at the time. No injuries were reported. WEBDESK: Act Global Media Police in Los Angeles arrested a woman after multiple gunshots were fired at the Beverly Hills residence of pop superstar Rihanna, authorities confirmed. According to the Los Angeles Police Department, officers responded to reports of gunfire around 1:21 p.m. on Sunday (March 8) in the upscale Beverly Hills Post Office area. Investigators say at least 10 shots were fired from a vehicle near the property, with…

An undercover trafficking crackdown in Florida led to 89 arrests and over 1,200 felony charges, with authorities rescuing minors and warning offenders that investigators will track anyone attempting to exploit children. WEBDESK – Act Global Media Authorities in the U.S. state of Florida have arrested 89 suspects during a major undercover operation targeting human trafficking and the sexual exploitation of minors, officials said. The operation, conducted by the Hillsborough County Sheriff’s Office, resulted in more than 1,200 felony charges, according to investigators. Sheriff Chad Chronister said the weeks-long operation focused on individuals allegedly attempting to purchase sex or exploit children online.…

Fans have long been curious about the striking height difference between Game of Thrones star Hafþór Júlíus Björnsson and his 5ft 2in wife Kelsey Henson. Now, she’s finally responding to the question many people kept wondering about. WEBDESK – Act Global Media The striking height difference between Hafþór Júlíus Björnsson and his wife Kelsey Henson has long sparked curiosity online — and now Henson has finally answered the question many fans secretly wondered about. Björnsson, famous for playing Gregor Clegane in the hit TV series Game of Thrones, stands an imposing 6ft 9in, while Henson is 5ft 2in, creating nearly…