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Real-time News
The yield on 20-year Japanese government bonds rose to 2.655%, the highest level since November 1999.On August 21, the Wall Street Journal, citing people familiar with the matter, reported that after spending several months recruiting more than 50 artificial intelligence researchers and engineers, Meta Platforms (META.O) has frozen hiring in its artificial intelligence department. The hiring freeze, which took effect last week while the department is undergoing a broader restructuring, also prohibits existing employees from moving across teams within the department. The duration of the hiring freeze has not been communicated internally. People familiar with the matter said there may be exceptions for external recruitment, but this requires the approval of Metas Chief Artificial Intelligence Officer, Alexandr Wang. A Meta spokesperson confirmed the hiring freeze and said it was "basic organizational planning: to create a solid structure for our new super-intelligence project and conduct annual budgeting and planning work after the staff is in place."The Hang Seng Index in Hong Kong opened up 50.48 points, or 0.2%, at 25,216.42 points on August 21 (Thursday); the Hang Seng Tech Index opened down 1.62 points, or 0.03%, at 5,539.65 points on August 21 (Thursday); the CSI 300 Index opened up 8.74 points, or 0.1%, at 9,022.01 points on August 21 (Thursday); the H-share Index opened up 15.85 points, or 0.36%, at 4,361.53 points on August 21 (Thursday).Hang Seng Index futures opened up 0.26% at 25,190 points, 26 points higher than the previous session.Meta Platforms (META.O) has frozen hiring at its new superintelligence unit, sources said.
