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By DAVID KLEPPER

WASHINGTON (AP) — North Korean hackers have pilfered billions of dollars by breaking into cryptocurrency exchanges and creating fake identities to get remote tech jobs at foreign companies, according to an international report on North Korea’s cyber capabilities.

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Officials in Pyongyang orchestrated the clandestine work to finance research and development of nuclear arms, the authors of the 138-page report found. The review was published by the Multilateral Sanctions Monitoring Team, a group that includes the U.S. and 10 allies and was set up last year to observe North Korea’s compliance with U.N. sanctions. read more

MENLO PARK, Calif. (AP) — Meta Platforms is cutting roughly 600 artificial intelligence jobs even as it continues to hire more workers for its superintelligence lab, the company confirmed on Wednesday.

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Axios first reported the cuts, which will affect Meta’s Fundamental AI Research, or FAIR unit, as well as product-related AI and AI infrastructure units.

Its newer TBD Lab unit won’t be affected. Citing a memo sent to workers by chief AI officer Alexandr Wang, Axios said the company is encouraging employees affected to apply for other jobs at Meta, with most expected to find other roles. The Menlo Park, California-based company is also still recruiting and hiring for TBD Lab, which is developing Meta’s latest large language models. Large language models are the technology behind OpenAI’s ChatGPT, Google’s Gemini — and Meta’s Llama. read more

By DEE-ANN DURBIN

Beyond Meat’s shares briefly sizzled Wednesday before heading back down again.

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The plant-based meat company’s shares more than doubled early Wednesday before closing at $3.58 per share, which was down 1%. Still, it was a surprising comeback for a stock that was trading at an all-time low of 50 cents per share late last week.

Investors cheered Beyond Meat’s announcement Tuesday that it’s increasing the availability of some of its products at U.S. Walmart stores. Beyond Meat said that its chicken pieces, Korean BBQ-style steak and burger six-packs will now be easier to find in more than 2,000 Walmart stores. read more

By BERNARD CONDON

NEW YORK (AP) — Tesla reported a fourth straight decline in quarterly profit even as sales rose, triggering a drop in its shares in after-hours trading.

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The car company run by Elon Musk reported third-quarter earnings plunged 37% to $1.4 billion, or 39 cents a share, from $2.2 billion, or 62 cents a share, a year earlier. That marked the fourth quarter in a row that profit dropped. And even the revenue rise, a welcome relief from a sales plunge earlier in the year due to anti-Musk boycotts, came with significant caveat: Customers rushed to take advantage of a $7,500 federal EV tax credit before it expired on Oct. 1, possibly stealing sales from the current quarter. read more

WEST PALM BEACH — Transportation Security Administration employees on Wednesday described in detail their financial hardships — bracing for not getting their much-needed paychecks by the end of this workweek.

They shared their stories as congressional leaders in Palm Beach County called for the end of the federal government shutdown.

U.S. Reps. Lois Frankel and Sheila Cherfilus-McCormick, South Florida Democrats, joined members of the American Federation of Government Employees — a federal employee union — on Wednesday for a news conference aimed at urging federal lawmakers, particularly Republicans, to negotiate an end to the shutdown.

The shutdown began on Oct. 1 after Republican and Democrat lawmakers failed to agree on a short-term budget, with one of the primary contentions being whether tax subsidies should remain for those who get their health insurance through the Affordable Care Act.

Frankel and Cherfilus-McCormick are among the Democrats who want to preserve the subsidies, fearing skyrocketing premiums if the subsidies were to vanish. “Democrats have taken the position that we will not vote for a budget that cuts millions of people out of health care,” Frankel said at the news conference outside of Palm Beach International Airport. read more