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September 27, 2025, 6:40 AM
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Top News

Ben Berkowitz / Axios:
Trump says Microsoft should fire its global affairs head Lisa Monaco over her work in the Biden administration, calling her a “menace to US National Security”  —  President Trump late Friday demanded Microsoft fire its head of global affairs, Lisa Monaco, over her work in the Biden administration.
Wall Street Journal:
Sources: EA is in talks to go private in a deal valuing it at ~$50B; investors include Jared Kushner's PE firm and Saudi Arabia's PIF; EA closes up 14.87%  —  Investors including Silver Lake eyeing deal that would likely be the largest leveraged buyout ever
Mark Gurman / Bloomberg:
Sources: Apple has developed an internal ChatGPT-like iPhone app, code-named Veritas, to help test and prepare for a major Siri overhaul next year  —  Apple Inc. has developed a ChatGPT-like iPhone app to help test and prepare for a long-anticipated overhaul of Siri coming next year, according to people familiar with the matter.
Bloomberg:
Google agrees to guarantee $1.4B of AI computing startup Fluidstack's $3B, 10-year agreement with Cipher Mining and gets the right to buy a 5.4% stake in Cipher  —  Alphabet Inc.'s Google has agreed to anchor a $3 billion data center contract with Cipher Mining Inc. in the latest tie up between …
Reuters:
Sources: ByteDance will maintain ownership of TikTok US' revenue-generating business operations such as e-commerce and advertising  —  - ByteDance to retain ownership of TikTok's U.S. business operations, sources say  — Joint venture to handle U.S. user data and algorithm, sources say
Bloomberg:
Sources: ByteDance may get ~50% of TikTok US' overall profit, including a licensing fee of 20% of revenue, despite selling majority ownership to US investors
Bloomberg:
The Trump administration's $14B valuation of TikTok's US business falls well below previous estimates of around $40B, considered a bargain by investors
Alexandra Alper / Reuters:
Sources: the US Commerce Department is considering imposing tariffs on foreign electronic devices based on the number of chips they contain  —  - Trump seeks to drive companies to shift manufacturing to the US  — “America cannot be reliant on foreign imports” of chips, White House says
Dwarkesh Patel / Dwarkesh Podcast:
Q&A with reinforcement learning pioneer Richard Sutton on why LLMs are not the path to achieving human intelligence, world models, continual learning, and more  —  Richard Sutton is the father of reinforcement learning, winner of the 2024 Turing Award, and author of The Bitter Lesson.
Josh Eidelson / Bloomberg:
Leaked letter: NLRB drops claims against Tim Cook, including that he violated workers' rights with a 2021 email threatening staffers who leak confidential info  —  The US labor board has abandoned its allegations that Apple Inc. Chief Executive Officer Tim Cook violated federal labor law …
Bloomberg:
Sources: Kraken is in advanced talks to raise $200M to $300M from a strategic investor at a valuation of ~$20B, after recently raising $500M at a $15B valuation  —  Kraken is in advanced talks to raise new funding that could value the crypto exchange at about $20 billion …

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From Mediagazer

Ted Johnson / Deadline:
President Trump says that he will attend this year's White House Correspondents' Association dinner, marking the first time he will do so as president

Financial Times:
Netflix co-CEO Greg Peters says he is “nervous” about severe job cuts after Paramount's WBD acquisition and “a bunch of people are going to lose their jobs”

Sarah Scire / Nieman Lab:
A.G. Sulzberger encourages listeners “to support any news organization that's dedicated to original reporting”, in his first ad running across most NYT podcasts

More News

Reuters:
Swiss microfluidic chip-cooling tech startup Corintis raised a $24M Series A, a source says at a $400M valuation, and announces adding Lip-Bu Tan to its board
Ivan Mehta / TechCrunch:
How developers are using Apple's local AI models in iOS 26: Lil Artist story generation, MoneyCoach's spending insights, F1 race summaries in Lights Out, more
Jay Peters / The Verge:
YouTube is testing AI hosts, who will share stories and trivia about the music users are listening to, in the YouTube Music app through its new Labs program

Earlier Picks

MacKenzie Sigalos / CNBC:
Anthropic plans to triple its global workforce and expand its applied AI team 5x in 2025, after growing its business clients from ~1K to 300K+ in two years
Michael Nuñez / Venturebeat:
Perplexity launches Search API, giving developers direct access to the same web index that powers the startup's answer engine
Kate Whannel / BBC:
The UK unveils plans for a digital ID, which will be required to work in the country, to combat illegal immigration; the ID will be stored on people's phones
Bloomberg:
Meta plans to launch paid, ad-free versions of Instagram and Facebook in the UK, each costing £2.99 per month on the web, and £3.99 on iOS and Android
Sean Hollister / The Verge:
Microsoft and Asus open preorders for the first Xbox handhelds, the ROG Xbox Ally for $599 and the ROG Xbox Ally X for $999 in the US, shipping October 16
Jennifer Maas / Variety:
Nintendo of America President Doug Bowser will retire on December 31 after more than a decade with the company; Nintendo exec Devon Pritchard will succeed him
Juby Babu / Reuters:
Meta rolls out Vibes, a platform where users can create and share short-form, AI-generated videos, in the Meta AI app and on the meta.ai website
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