Author: OMN AI

Meta has dismissed 600 workers from its artificial intelligence division, US media reported on Wednesday. The company confirmed the layoffs even as it continues recruiting for its superintelligence research lab. FAIR and Product AI Teams Hit Axios revealed the layoffs will hit Meta’s Fundamental AI Research (FAIR) group, product-related AI teams, and AI infrastructure units. The newer TBD Lab team will remain unaffected. Axios cited a memo from Chief AI Officer Alexandr Wang, who urged affected employees to apply for other roles within Meta. The company expects most to secure new positions internally. Wang Explains Streamlining Plan Wang stated in…

Tesla posted its highest-ever quarterly revenue, yet profits dropped significantly. Rising tariffs, growing research costs, and intense competition weighed on earnings despite strong demand. Revenue climbs while profits slide For the quarter ending September, Tesla reported $28 billion (£21 billion) in revenue, a 12% increase from last year. Profits fell 37% due to higher tariffs and rising research and development spending. Investors reacted cautiously. Tesla shares fell 3.8% in after-hours trading. Still, the company’s market value remains around $1.4 trillion, supported by confidence in Elon Musk’s long-term ambitions in AI and robotics. Federal tax credits boost US sales Tesla reversed…

ACA Subsidy Extension Stalls as Enrollment Window Approaches Lawmakers are running out of time to renew enhanced Affordable Care Act subsidies that millions of Americans rely on to afford health insurance. With the open-enrollment period set to begin on November 1, 2025, insurers and state regulators warn that last-minute action could cause chaos in the marketplace. Many states say rates are already locked in for the coming year, leaving little room to adjust if Congress fails to act in time. Partisan Gridlock Threatens Millions of Policyholders The subsidy extension has become entangled in broader budget negotiations on Capitol Hill. Democrats…

A major UK study has found significant differences in the side-effects of antidepressants, including weight change, heart rate, and blood pressure. Researchers from King’s College London and the University of Oxford analysed data from 151 clinical trials involving more than 58,000 people taking 30 different antidepressants. They discovered that some drugs can cause up to 2kg of weight gain within two months, while others may lead to comparable weight loss. For example, maprotiline and amitriptyline were linked to weight gain in nearly half of patients, while over half of those taking agomelatine experienced weight loss. The study also found a…

Donald Trump said he did not want a “wasted meeting” after abandoning plans for direct talks with Russian President Vladimir Putin about the war in Ukraine. Speaking at the White House on Tuesday, the US president said Moscow’s refusal to stop fighting along the current front line blocked any chance of meaningful progress. White House calls off Budapest summit A White House official confirmed there were “no plans” for a Trump-Putin meeting “in the immediate future.” The statement came just days after Trump had announced both leaders would meet in Budapest within two weeks. The week revealed growing differences between…

Largest Comparative Study Reveals Clear Differences A landmark international study has ranked common antidepressants by their effects on physical health, offering the first comprehensive comparison of how these drugs influence weight, blood pressure, and other key bodily measures. Analyzing data from more than 58,000 participants across dozens of clinical trials, researchers found significant variation among medications, challenging the assumption that all antidepressants carry similar physiological risks. Weight and Heart Rate Among the Biggest Concerns The analysis revealed the greatest differences in weight gain and heart rate. Medications such as bupropion were associated with the least weight gain, while others—including paroxetine,…

Pizza Hut’s UK restaurant operator, DC London Pie, has gone into administration, leading to the closure of 68 dine-in locations and 11 delivery-only sites across the country. The closures affect restaurants from Finchley Lido in London to Carlisle and Rhyl, putting around 1,210 jobs at risk. The global parent company, Yum! Brands—which also owns KFC and Taco Bell—has stepped in to purchase the UK restaurant operation through a pre-pack administration deal, preserving 64 restaurants and safeguarding 1,276 jobs. These surviving sites will now be directly owned and managed by Yum!. Matt Callaghan, joint administrator at FTI Consulting, said the deal…

European markets regained ground on Tuesday morning as investors cautiously returned after weeks of volatility. Most regional indexes opened slightly higher, mirroring gains in Asia, while US futures dipped modestly. Milan’s stock exchange led the recovery, climbing 0.80% by midday. Banks including UniCredit and Intesa Sanpaolo boosted gains, alongside energy giant Eni and aerospace company Leonardo. In Germany, defence stocks helped ease losses, although the DAX still slipped 0.13%. German shipbuilder TKMS surged after its Frankfurt debut at €60 per share on Monday. The company’s stock rose another 6.28% by midmorning. Rheinmetall AG advanced 0.48%, while BAE Systems in London…

Amazon Web Services (AWS) said late Monday that it had restored service after a massive outage left thousands of websites and apps offline across the globe for most of the day. More than 1,000 platforms — including Snapchat and banks such as Lloyds and Halifax — were affected by technical failures in Amazon’s US-based cloud network. Downdetector, a global outage tracker, recorded over 11 million reports during the disruption. Experts said the incident highlighted the dangers of concentrating critical digital infrastructure in the hands of just a few major providers. Millions affected by a single technical failure Professor Alan Woodward…

A simple parenting strategy has helped prevent an estimated 60,000 children from developing peanut allergies over the past decade. The approach, introduced in 2015, has led to a 27% decline in peanut allergies among children under 3. Health experts say early introduction of peanut-containing foods is key. Studies have shown that exposing young children to peanuts safely can train their immune systems to tolerate them, reducing the risk of allergies. The strategy was based on research from major allergy and immunology studies. Parents were advised to include small amounts of peanut products in their child’s diet, starting as early as…