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BusinessPhoto: ET Tech

Canva to Cut 22% of Staff Amid Growth Slowdown and Restructuring

Canva Group announced it will cut 1,271 jobs, about 22% of its workforce, due to its first growth slowdown in a decade. CEO Melanie Perkins said the restructuring will reshape the company’s structure, consolidate teams, and simplify management. Sydney will become the main base for product teams, with hybrid workers expected in-office 2-3 days weekly. Departing employees will receive $10,000 grants.

ET Tech··Sydney

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EntertainmentPhoto: TOI Entertainment

Nitesh Tiwari's Ramayana Film Set for November 2026 Release

Nitesh Tiwari's adaptation of the Ramayana is scheduled for theatrical release on November 5, 2026. The film, featuring Ranbir Kapoor, Sai Pallavi, and Yash, has generated excitement with advance bookings nearing Rs 100 crore. With a high budget of around Rs 4,000 crore, it has strong international demand, including pre-sales in North America, Australia, and the UK.

TOI Entertainment·

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BusinessPhoto: Firstpost World

Tesla and SpaceX Shares Fall as Democrats Gain in Midterms

Tesla and SpaceX shares declined following early indications that Democrats are gaining control of both chambers of Congress in the midterm elections. Elon Musk's $474 million support for Republican candidates faced setbacks after Democratic wins in Texas and other important states, increasing political risks for his companies.

Firstpost World·

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PoliticsPhoto: News18 World

Elon Musk Jokes About Texas Election Loss After Democrat Wins

Elon Musk humorously commented on the defeat of Republican Ken Paxton in Texas midterm elections, where Democrat James Talarico won the state's most expensive Senate race. Talarico, the first Democrat to win a statewide Texas election in over 30 years, focused his campaign on Paxton's alleged corruption. Democrats also gained control of both houses of Congress, dealing a blow to President Trump's party.

News18 World··Texas

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PoliticsPhoto: News18 World

Obama Says Midterm Results Show Americans Want Unity in Politics

Former US President Barack Obama said the midterm election results demonstrated that Americans desire a political culture focused on unity and practical solutions rather than division. Following the Democrats' historic victory and control of Congress, Obama noted voters sent a clear message for leaders who unite people and address challenges with concrete solutions. He praised diverse candidates nationwide who shared values and public service commitment.

News18 World·

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TechnologyPhoto: Times of India

Sam Altman Urges Human Control Over AI Progress

OpenAI CEO Sam Altman emphasized that humans must remain in control of the future despite potential slowdowns in AI development. On X, he warned against ceding control to superintelligent AI or allowing humans to be limited to tasks AI rewards. His comments followed his statement in Abu Dhabi that AI now surpasses most top scientists and his call for limits on single AI models.

Times of India·

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