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Meta Reportedly Freezes Hiring in AI Division Amid Restructuring of Superintelligence Labs

Meta has reportedly frozen hiring in its newly created artificial intelligence (AI) division. As per the report, the Menlo Park-based tech giant is no longer pursuing AI researchers and engineers from rival companies or looking to reverse-acquihire staff from smaller startups working with the technology anymore. While the reason behind the move was not disclosed, the report coincides with claims of the company restructuring the Superintelligence Labs by dividing it into four specialised groups.

Masimo Sues US Customs After Apple Watch Models Restore Blood Oxygen Tracking Feature

Apple Watch Series 9 and Ultra 2 dropped the ability to measure a wearer’s blood oxygen levels in the US due to a 2024 ruling. The restriction was imposed on the Cupertino company after a lawsuit was filed by a medical instrument manufacturer. Recently, the tech giant announced that it has brought the feature back for its Watch Series 10, Series 9, and Ultra 2. This pushed Masimo to file a lawsuit again, but this time against the US Customs and Border Protection.

Bitcoin Rebounds Above $114,000 as Ether surges; Market Awaits Powell’s Speech

Bitcoin rebounded to $114,600 on Thursday, after falling below $113,000 earlier in the week. Ether surged above $4,300, gaining 3.8 percent in 24 hours. Analysts linked the recovery to hawkish Federal Reserve minutes, inflation risks, and ETF outflows. Market watchers now look ahead to US unemployment and PMI data due later today and Powell’s Jackson Hole speech for signals on rate cuts, with Bitcoin resistance levels at $116,700 and $118,200 in focus.