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October 22, 2025CoinOtag logoCoinOtag

Meta Trims AI Teams by 600 Amid $15 Billion Investment Push

Meta is laying off over 600 employees from its Superintelligence Labs AI division to boost agility and reduce bureaucracy, affecting teams in FAIR, product AI, and AI infrastructure, as announced

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Digital Asset Holdings Surge to $1.315 Billion in Latest Quarterly Report

Digital Asset Holdings Surge to $1.315 Billion in Latest Quarterly Report

The company's digital assets rose from $1.235 to $1.315 billion recently. Strategic initiatives were key in increasing digital asset holdings. Continue Reading: Digital Asset Holdings Surge to $1.315 ...

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1 min
Canada Fines Cryptomus Record C$177M for AML Failures as Fraud Reforms Advance

Canada Fines Cryptomus Record C$177M for AML Failures as Fraud Reforms Advance

Canada’s Fintrac has imposed a record C$176.9 million fine on crypto firm Xeltox, operating as Cryptomus, for severe anti-money-laundering violations. The penalty addresses over 1,500 unreported trans...

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1 min
Tesla reports $28.1B in Q3 revenue, up 12% YoY, but missed earnings expectations

Tesla reports $28.1B in Q3 revenue, up 12% YoY, but missed earnings expectations

Tesla pulled in $28.1 billion in revenue for the third quarter of 2025, finally snapping a two-quarter losing streak. That’s a 12% rise compared to the same period last year, when the company made $25...

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1 min