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Meta To Lay Off 600 Employees From AI Superintelligence Labs Despite Massive Investment
Business

Meta To Lay Off 600 Employees From AI Superintelligence Labs Despite Massive Investment

Months after a major spending push to acquire top industry talent for its artificial intelligence ambitions, Meta’s AI Superintelligence Labs is set to lay off around 600 employees, an internal memo said. Employees in Meta’s AI division were informed of the cuts on October 22, according to the report. Notably, the company’s recently formed TBD Lab group, which includes many of the highly paid new recruits, remains unaffected, Bloomberg reported. Meta’s AI Chief: Move Aims To Boost Efficiency Meta Platforms’ Chief AI Officer Alexandr Wang said in an internal memo that the downsizing is designed to streamline operations and reduce bureaucracy. “By reducing the size of our team, fewer conversations will be required to make a decision, and each person will be more load-bearing and have more scope and impact,” Wang wrote. According to Bloomberg, Meta has encouraged affected employees to apply for other roles within the company, with plans to continue hiring across its AI teams. The job cuts were first reported by Axios. Hiring Freeze And Organisational Changes The Wall Street Journal reported on August 20 that Meta had frozen hiring for its AI division. A company spokesperson told Reuters that the freeze was part of routine “organisational planning” to establish a solid structure for its superintelligence efforts after recent recruitment drives and budgeting reviews. Meta’s Costly AI Push The layoffs come amid Meta’s intense competition in the global AI race. CEO Mark Zuckerberg has poured billions into artificial intelligence to keep pace with rivals OpenAI and Alphabet Inc.’s Google. Meta reportedly invested $14.3 billion in data-labelling startup Scale AI, leading to Alexandr Wang’s appointment as head of its AI division. Speaking to The Information in July, Zuckerberg dismissed reports of Meta offering “million-dollar pay packages” to lure AI experts from competitors as “inaccurate” but acknowledged that “it’s a hot market” and that spending heavily to secure talent “makes sense.” High Turnover Among New Recruits The Superintelligence team, which onboarded about 50 employees—including hires from Apple, Anthropic, xAI, Google, and OpenAI—reportedly offered compensation packages of up to $100 million. By August, at least three members had departed the company, including Rishabh Agarwal, Avi Verma, and Ethan Knight, with the latter two returning to Sam Altman-led OpenAI, according to Wired. Altman reportedly criticised Meta’s recruitment strategy in an internal memo, calling the poaching “distasteful” and writing, “I’ve lost track of how many people from here they’ve tried to get to be their Chief Scientist.”

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10 months ago
Why ADA and MUTM Are the Top Cryptos to Invest in Today
Business

Why ADA and MUTM Are the Top Cryptos to Invest in Today

As investors look for best cryptocurrencies with sound fundamentals and potential for growth, Cardano (ADA) keeps surprising with its frequent network enhancements, smart contract scalable platform, and increasing adoption in real-world use. On top of ADA, Mutuum Finance (MUTM) is also gaining momentum as a leading currency and best crypto investment, enticing attention to its revolutionary dual-lending DeFi platform that integrates Peer-to-Peer and Peer-to-Contract models to achieve maximum capital efficiency. Now in its 6th phase of presale at $0.035 per coin and having sold more than 70% so far, Mutuum Finance reflects solid early adoption and investor support. Mutuum Finance can be a part of ADA's long-term success, and both coins are extremely viable choices for investors looking for opportunities in 2025. Cardano (ADA) Price Forecast: Bulls Eye Points of Resistance Cardano (ADA) is at the moment moving through a pivotal price area, with bulls starting their push along a gravitational support point at $0.568 and resistance building around $0.679, positioning the possibility of a powerful move to the upside. If ADA convincingly crosses over the resistance level of $0.679, then analysts expect a push towards the next significant level of $0.754, and a fall below $0.612 can initiate a pullback to support at $0.568. This fine balance does justice to the optimism of the bulls as well as the self-restraint that the traders must keep in check while ADA navigates this cosmic battlefield of price movements. As investors wait for ADA's next step, others are searching the market for Mutuum Finance (MUTM), with the early-stage growth potential that is becoming trendy for its robust presale strength and forward-thinking DeFi ecosystem, positioning it as the top crypto to buy. The Rise of Mutuum Finance: The Top Crypto to Watch in 2025 At present in Stage 6 of presale, Mutuum Finance has accumulated to date over 17,340 investors and raised over $17.75 million. Already sold out at over 70% of Phase 6, MUTM is offering investors the ideal entry point ahead of the next phase, when prices will be going up. Such spectacular presale strength is a clear indicator of great investor confidence and makes MUTM one of the top cryptocurrencies to invest in ahead of the next market rally. Leaderboard Incentives for Top Buyers Mutuum Finance launched a groundbreaking presale leaderboard to foster active participation and positive competition. Within the last 24 hours, the top investors bought $7,036 and $6,619 worth of MUTM. The top investor of the day gets a $500 MUTM reward, with one buy within a 24-hour window adequate for participation. This gamified platform not only raises liquidity but also raises community activity, which maintains presale strong. Investors are twice as motivated to be actively engaged, which makes MUTM the top crypto to buy for investors looking for activity and growth in DeFi. Lending and Borrowing Protocol Created to Disrupt DeFi One of the most significant milestones on the roadmap is the release of Mutuum Finance's decentralized  lending and borrowing protocol. Version 1 (V1) will launch on the Sepolia Testnet in Q4 2025 and will feature essential DeFi functionality including liquidity pools, mtTokens, debt tokens, and the Liquidator bot. ETH and USDT will be supported for lending, borrowing, and collateral from day one, giving users a secure, scalable, and speedy multi-asset system. The advanced risk management system under the protocol, with adaptive Loan-to-Value measures and liquidation requirements by default, provides stability in even the worst market conditions. Not only does this innovation make MUTM more valuable, but it also renders it an extremely reliable, progressive cryptocurrency with long-term growth prospects, qualifying it as one of the top cryptocurrencies to follow closely. Mutuum Finance (MUTM) is among the best cryptos to invest in alongside Cardano (ADA). Phase 6 presale tokens sell at $0.035, and over 70% have been sold and $17.75 million have been raised from 17,340 purchasers. Leaderboard day-to-day activity and the $500 MUTM reward prove high community activity and investor confidence in the token. With its two-way lending DeFi model, advanced risk management, and the soon-to-be-released V1 lending protocol on Sepolia Testnet, MUTM presents early-stage potential in addition to actual utility, making it another top crypto to buy today. Lock in your tokens today to join one of 2025's most promising crypto projects before Phase 7. For more information regarding Mutuum Finance (MUTM) please use the following links: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance Disclaimer: This is a sponsored article. ABP Network Pvt. Ltd. and/or ABP Live do not endorse/subscribe to its contents and/or views expressed herein. Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.

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10 months ago
Crypto News Today: Ripple (XRP) Price Tests $2.20 Support, Here is the Altcoin Whales Are Opting For
Business

Crypto News Today: Ripple (XRP) Price Tests $2.20 Support, Here is the Altcoin Whales Are Opting For

XRP has tested the $2.20 support level amid deepening Senate gridlock, as the U.S. government shutdown entered its 18th day on October 18, 2025. This prolonged impasse has stalled ETF approvals, fueling an 18% plunge for XRP throughout October, far outpacing Bitcoin's 6.39% drop and Ethereum's 6.90% decline. Meanwhile, institutional hesitation leaves XRP vulnerable to volatility, overshadowing Ripple's recent $1 billion GTreasury acquisition and Absa Bank partnership. Yet, amid this crypto news today, whales have shifted toward a promising altcoin: Mutuum Finance (MUTM), the best crypto to buy now for DeFi enthusiasts seeking yield on idle assets. As XRP grapples with delays, MUTM's presale surges, drawing savvy investors eyeing the top crypto to buy before phase shifts. XRP Dips Below Key Levels Oct 17 XRP performed an EURDollar move lower with a 1.51% decline, marking the fourth consecutive loss of the day which darted below $2.20 at the point without a pause before moving back up a little. Indeed, the same weakness is reflective of the crypto market, with XRP moving away from its 50-day and 200-day exponential moving averages. As a result, bearish signs are amplified, and more significant losses are in store if the stalemate persists. However, if Senate approval suddenly ramps up, it might emulate Bitcoin's ETF authorization in early 2024. For now, however, XRP is left behind as investors search for the next big thing in crypto, with their attentions drawn to altcoins like MUTM with their instant utility. Mutuum Finance Presale Accelerates Mutuum Finance (MUTM) has opened phase 6 of its presale, currently underway at $0.035 per token, a 250% rise from phase 1's $0.01 entry. Phase 6 stands 70% filled across 11 total phases, selling out fast and signaling the last chance to acquire tokens this affordably. Soon, phase 7 will launch with a 14.3% hike to $0.04, while the platform readies for a $0.06 debut. Early participants stand to gain 371% post-launch, underscoring why MUTM emerges as the best crypto to buy now amid XRP's stumbles. Furthermore, the project has raised $17,650,000 since inception, onboarding 17,320 holders who recognize MUTM's edge in decentralized lending. Unlike XRP's regulatory hurdles, MUTM builds a protocol for earning yields on idle crypto or borrowing against holdings without custody loss. Bug Bounty and Audit Bolster Security Mutuum Finance has launched its official Bug Bounty Program in partnership with CertiK. The team has allocated $50,000 USDT for rewards across four tiers based on severity. They include critical, major, minor, and low. Each vulnerability level carries assigned payouts, incentivizing ethical hackers to fortify the protocol. Additionally, MUTM finalized its CertiK audit successfully, achieving a 90/100 token score that affirms robust smart contract integrity. These steps ensure reliability, drawing whales who view MUTM as the top crypto to buy for secure DeFi plays. Lending Protocol Advances on Testnet Mutuum Finance has announced development of its lending and borrowing protocol, targeting V1 deployment on Sepolia Testnet in Q4 2025. Core features include a liquidity pool for instant access, mtTokens for deposits, debt tokens for tracking borrows, and a liquidator bot to handle undercollateralized positions. Initial support covers ETH and USDT for lending, borrowing, and collateral, with overcollateralization safeguarding against volatility. Borrow rates adjust dynamically via utilization, low when abundant, rising to spur repayments during scarcity, while stable options lock predictable costs for select assets. This design pairs peer-to-contract pools for quick trades with peer-to-peer vaults for custom terms, enhancing efficiency over rigid competitors. Thus, users gain granular control, from high-LTV stablecoin borrows at 75% to capped exposures on volatile tokens. Liquidation thresholds at 70-80% trigger bonuses for resolvers, maintaining solvency without excessive penalties. Dashboard Tracks Top Buyers The MUTM team has rolled out a dashboard featuring a leaderboard of the top 50 holders, including a fresh 24-hour update. Daily, the number-one user claims a $500 MUTM bonus, contingent on completing one transaction in that window; resets occur at 00:00 UTC. Leading the past 24 hours: buys of $519.15, $515.00, $424.76, and $308.00. Such transparency fuels engagement, positioning MUTM as the best crypto to invest in for active participants. Mutuum Finance has unveiled a $100,000 MUTM giveaway, dividing prizes among 10 winners at $10,000 each to herald the presale climax. Participants submit a valid wallet address, fulfill all quests meticulously, and invest at least $50 in the presale for eligibility. This initiative rewards commitment, amplifying MUTM's appeal as the next big crypto in a faltering market. Whales Pivot to MUTM Momentum As XRP contends with shutdown shadows and ETF limbo, altcoin whales have pivoted to Mutuum Finance (MUTM), the standout best crypto to buy now. This shift highlights MUTM's presale vigor and protocol safeguards, offering yields and liquidity where XRP lags. Investors, act swiftly, secure your stake in this top crypto to buy before phase 6 vanishes. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.com Linktree: https://linktr.ee/mutuumfinance Disclaimer: This is a sponsored article. ABP Network Pvt. Ltd. and/or ABP Live do not endorse/subscribe to its contents and/or views expressed herein. Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.

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10 months ago
'Thamma' Vs 'Ek Deewane Ki Deewaniyat' box office (LIVE)
Entertainment

'Thamma' Vs 'Ek Deewane Ki Deewaniyat' box office (LIVE)

Ayushmann Khurrana's 'Thamma' and Harshvardhan Rane's 'Ek Deewane Ki Deewaniyat' clashed at the box office this Diwali. Despite mixed reviews, 'Thamma' secured a strong opening, raking in ₹44.46 crore by its third day. 'Ek Deewane Ki Deewaniyat' garnered ₹17.86 crore, showing resilience despite fewer screens. The weekend's word-of-mouth will be crucial for both films.

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10 months ago
Samsung Galaxy S26 Leaks: 10-Bit Display, Camera Revamp, & Lineup Shuffle In Sight
Technology

Samsung Galaxy S26 Leaks: 10-Bit Display, Camera Revamp, & Lineup Shuffle In Sight

Samsung Galaxy S26 Leaks: As anticipation builds for Samsung’s next flagship launch, fresh leaks about the Galaxy S26 series have sparked a flurry of excitement among tech enthusiasts. From a brighter, more vivid display to reimagined camera setups, the upcoming Galaxy line could be one of Samsung’s most ambitious yet, if the rumours hold true. Galaxy S26 Ultra May Finally Jump to a 10-Bit Display According to a new video from the YouTube channel Tech Talk TV, Samsung’s top-tier model, the Galaxy S26 Ultra, might be getting a serious display upgrade. The device is rumoured to feature Samsung’s latest M14 OLED panel, designed for enhanced brightness, richer colour accuracy, and improved power efficiency. The biggest leap, however, could be the move to 10-bit colour support, allowing the display to produce over a billion hues, a massive jump from the 16 million colours supported on traditional 8-bit screens. This upgrade would enable smoother gradients and more lifelike visuals, especially when streaming HDR10 or Dolby Vision content. The report also hints at possible new privacy options integrated into the display, alongside subtle refinements for a better video and app experience. Confusion Around Base Models Could End Soon While the Ultra seems to be grabbing headlines, the rest of the Galaxy S26 lineup remains shrouded in speculation. Previous rumours suggested Samsung might ditch the standard model or rename it altogether. However, the latest leaks indicate the brand could stick to its familiar trio, Galaxy S26, S26 Plus, and S26 Ultra, after briefly considering names like “S26 Pro” or even “S26 Edge.” In terms of optics, both the S26 and S26 Plus are tipped to receive upgraded camera systems, reportedly featuring a 50MP main sensor, 50MP ultrawide lens, and 12MP telephoto shooter, a notable bump that could bring mid-tier models closer to Ultra-level performance. Launch Timeline Still Unclear While the S26 Ultra appears production-ready, there are murmurs of a potential launch delay as Samsung irons out final changes to its lineup and design strategy. For now, the company has made no official statement regarding these rumours. As with all early leaks, these details should be taken cautiously. But if they prove accurate, the Galaxy S26 series could mark one of Samsung’s most refined flagship generations yet, brighter, smarter, and sharper in every sense.

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10 months ago
HarmonyOS 6 Public Beta Goes Live: Full List of Huawei Devices Eligible For Update
Technology

HarmonyOS 6 Public Beta Goes Live: Full List of Huawei Devices Eligible For Update

Huawei has rolled out the much-anticipated public beta of HarmonyOS 6, marking another milestone in the company’s ongoing push to strengthen its homegrown software ecosystem. First announced in June, the update is now open to select users in China, with registration available through the My Huawei app. A Fresh Look and Smarter Experience The new version introduces a refreshed design philosophy aimed at smoother navigation and improved visual appeal. The interface now comes with refined animations, advanced lockscreen customisation, and a host of performance optimisations. Huawei says the update focuses on making the overall user experience faster, more fluid, and more personal. One of the key highlights of HarmonyOS 6 is the debut of XiaoYi, Huawei’s upgraded personal assistant. Unlike earlier iterations, XiaoYi is built with a deeper contextual understanding and can autonomously carry out tasks for users. This makes the AI-driven experience more intuitive, bridging Huawei’s vision of a seamless, intelligent ecosystem across devices. Devices Eligible for Public Beta The public beta rollout for October 2025 covers an extensive range of Huawei devices, from flagship smartphones to tablets. The eligible list includes: Huawei Mate 70 and Mate 60 series Huawei Mate X6 and Mate X5 series Huawei Pura 80, Pura 70, and Pura X series Huawei Pocket 2 series Huawei Nova 14, 13, 12, Nova Flip, and Nova Flip S Huawei MatePad Pro 13.2 (2025 & 2023), MatePad Pro 12.2 (2024), and MatePad 11 Pro (2024) Huawei confirmed that additional devices will receive the update in subsequent phases. Closed Beta and Future Rollouts The company has also announced that a closed beta version of HarmonyOS 6 will go live later this month. Eligible devices include the Huawei Mate XT, Mate XT Ultimate Design, MatePad Pro 12.2 (2025), MateBook Pro, Watch 5, Watch GT 5 series, FreeBuds 6, FreeBuds 7i, and FreeArc. Between November and December 2025, the beta program will expand further to cover the Huawei Nova 14 Lite (Vitality Edition), Enjoy 70X, MatePad Mini, MatePad Air (2024 & 2025), MatePad 11.5S (2024 & 2025), Watch Fit 4 series, FreeBuds Pro 4, FreeClip 2, and FreeClip. With this staggered rollout, Huawei is clearly doubling down on ecosystem integration — blending smartphones, wearables, and accessories under one cohesive software umbrella. HarmonyOS 6, it seems, isn’t just an update; it’s a statement of intent for Huawei’s post-Android ambitions.

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10 months ago
WazirX Back Online: Indian Crypto Exchange Resumes Trading After $230-Million Hack Shutdown
Business

WazirX Back Online: Indian Crypto Exchange Resumes Trading After $230-Million Hack Shutdown

After a 16-month hiatus triggered by one of the largest crypto hacks in India’s history, cryptocurrency exchange WazirX has announced the resumption of trading operations starting October 24. The move marks a major comeback for the platform, which had suspended services following a $230 million breach linked to North Korea’s Lazarus Group. Gradual Rollout Of Trading Features According to WazirX’s latest blog post, trading activities will restart in phases over four days, with full functionality expected by October 27. The exchange has already re-enabled INR and crypto deposits, alongside an updated token balance page for users. This phased approach, the company said, ensures system stability and security as operations scale back up. Co-founder Nischal Shetty took to X to thank users for their patience and trust during the long shutdown. "Your support helped us achieve the impossible task of restarting," Shetty wrote. "Now we have next step, to create more value for everyone who has been impacted." The return to trading comes as the platform works to rebuild confidence among its users, many of whom had funds frozen since July 2024. The Hack That Shook India’s Crypto Sector In July 2024, WazirX confirmed that it had been targeted by North Korea’s Lazarus Group, a hacking collective notorious for cyberattacks on financial institutions. The breach exploited a weakness in WazirX’s multisig wallet system, leading to a theft exceeding $230 million. The platform, then India’s largest crypto exchange by volume, had immediately suspended trading to prevent further losses and began a lengthy recovery and restructuring process. Court Approval Clears Path For Revival The final hurdle for the platform’s relaunch was cleared last week when the Singapore High Court approved WazirX’s revised restructuring plan, which had already been backed by 95.7% of participating creditors. This legal green light allowed WazirX to restore operations and initiate the phased reopening. WazirX’s return marks a significant moment for India’s crypto industry, which has faced regulatory uncertainty and cybersecurity concerns in recent years. The company’s focus now appears to be on restoring user trust, securing its systems, and proving that a hacked exchange can, indeed, rise again. Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.

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10 months ago
Karan Johar opens up on having body dysmorphia
Entertainment

Karan Johar opens up on having body dysmorphia

Filmmaker Karan Johar recently revealed his struggle with body dysmorphia on Twinkle Khanna and Kajol's show 'Two Much'. Despite physical transformations and therapy, he admitted to feeling uncomfortable in his own skin and self-conscious. Johar emphasized the importance of honesty in interviews, sharing his ongoing journey of self-improvement.

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10 months ago
What is Hyunmoo 5? 'Monster missile' ready to be deployed by South Korea; boosts military deterrence against North Korea
World

What is Hyunmoo 5? 'Monster missile' ready to be deployed by South Korea; boosts military deterrence against North Korea

South Korea is set to deploy its formidable Hyunmoo 5 missile by year-end. This powerful weapon significantly enhances the nation's conventional defense capabilities. The missile, dubbed the 'monster missile', can carry heavy bunker-buster warheads. This move aims to create a balance of terror against North Korea's provocations. South Korea is also increasing its defense budget to bolster military autonomy.

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10 months ago
Dubai RTA celebrates 20 years with month long festivities, discounts, and exclusive giveaways
World

Dubai RTA celebrates 20 years with month long festivities, discounts, and exclusive giveaways

Dubai’s Roads and Transport Authority (RTA) is marking its 20th anniversary with a city-wide celebration featuring limited-edition nol cards, exclusive discounts, and fun challenges. From October 22 to November 30, commuters and visitors can enjoy giveaways, photo contests, and 20% off cinema tickets and online shopping, making this milestone a memorable experience across Dubai’s transport network.

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10 months ago
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