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September 28, 2025, 12:10 AM
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| Stephen Foley / Financial Times: |
Accenture, which laid off 11K+ employees in the past three months, warns of more cuts if workers cannot be retrained to have the skills needed for the age of AI — Group details $865mn restructuring programme and outlook reflecting sluggish corporate demand for consulting projects
More: The Economic Times and Trak.in
| Lee Jung-joo / The Korea Herald: |
A fire at South Korea's National Information Resources Service's data center shut down 647 government IT systems, disrupting services such as postal banking — Covering social issues on Seoul, civil security, climate — A fire at the National Information Resources Service's data center …
More: The Korea Herald, The Korea Herald, Reuters, Agence France-Presse, CHOSUNBIZ, The Independent, Reuters, DatacenterDynamics, New York Times, CNN, and Reuters
X: @koryodynasty, @koryodynasty, @gordongchang, @koryodynasty, @koryodynasty, @koryodynasty, @koryodynasty, and @gordongchang. Bluesky: @newsguy. Facebook: eNCAnews. Forums: r/korea
| Arasu Kannagi Basil / Reuters: |
Fermi, a data center real estate investment trust co-founded by former Energy Secretary Rick Perry, aims to raise $550M in a US IPO at a $13.16B valuation — Fermi, co-founded by former U.S. Energy Secretary Rick Perry, is targeting a valuation of up to $13.16 billion in its U.S. initial public offering …
More: Investing.com, The Economic Times, Associated Press, Newsweek, Fermi America, The Information, Fast Company, DatacenterDynamics, Financial Post, and NewsMax.com
X: @marketsbriefing, @ipotweet, @qcapital2020, @accessipos, @lamonicabuzz, @listingtrack, @fermiamerica, @newsweek, @ips_dc, @chairmanmeow42, and @jjay_dm. Bluesky: @ketanjoshi.co. Threads: @bloombergbusiness
| Eric Newcomer / Newcomer: |
Leaked a16z decks: $25B in net returns since its 2009 founding, including $11.2B in 2021, and 56 unicorn investments in the past 10 years, the most of any firm — The firm has held its $900 million 2012 Fund III at 9.4x net TVPI. — ∙ Paid — Andreessen Horowitz is perhaps …
X: @gkamstra, @ericnewcomer, @iamhenrymascot, @____nanakong, @luke_metro, @doodcapital, @amendandpretend, @sethbannon, @brandon_m_kumar, @gkamstra, @gthartley, @orenbarzilai, @ericnewcomer, @equityindallas, @wholemarsblog, @ericnewcomer, @daveg, @brentfranson, @oladayo_adenubi, @iamjakestream, @ctjlewis, @dennythedev, @danielmerja, and @jbsdc
| Wall Street Journal: |
A look at the setbacks facing the US DOD's Replicator program that seeks to quickly produce low-cost drones and other autonomous weapons to counter China — The work is being shifted to a new organization, called DAWG, to accelerate plans to buy thousands of drones
More: Reuters, RealClearDefense, Ukrainian National News, Mashable, DroneDJ, DroneXL.co, and WebProNews
Forums: r/technology, r/LessCredibleDefence, and r/politics
| Bloomberg: |
A profile of Justin Sun, who was facing an SEC fraud lawsuit before investing $90M in Trump family cryptocurrencies and becoming a business associate of Trump — Justin Sun was facing an SEC fraud case, but $90 million of Trump coins later, he's doing business with the president's family.
More: CryptoPotato, BeInCrypto, Protos, ZyCrypto, and Coinpedia Fintech News
| Shirin Ghaffary / Bloomberg: |
OpenAI executives working on Stargate say that it costs about $50B to build a data center with roughly 1 GW of capacity, with $35B going toward AI chips — Sam Altman and his partners intend to get creative to cover the growing cost of data centers and chips for AI. But first... Three things to know:| Trishla Ostwal / Adweek: |
Friend, which launched a $129 AI-powered, always-listening necklace, plasters NYC subway with ads in $1M+ campaign that includes over 1,000 platform posters — The OOH ads blanketing all five boroughs deliberately court controversy — The founder of Friend is betting on making enemies.| The Information: |
Sources: data integration company Fivetran is in talks to acquire data management company dbt Labs in a deal valuing the combined entity at between $5B and $10B — Fivetran, a startup used by companies to manage and prepare data for analytics and artificial intelligence … | Lulu Yilun Chen / Bloomberg: |
A profile of Ant International, Ant Group's cross-border payments unit using AI and blockchain for treasury management, which handled $1.1T in cash flow in 2024 — Ant International is using its vast data trove and AI engineering expertise to muscle into the overlooked yet lucrative world of global cash management.
More: Nikkei Asia. X: @wh75017 and @sachi_gkp. LinkedIn: Chris Zhang. Bluesky: @commercialsolarguy.com
| Jyoti Mann / Business Insider: |
Leaked Meta internal document shows updated training protocols for its AI chatbot to refuse any prompts involving sexual roleplay with minors — - A leaked Meta document shows how its AI chatbot should respond to child sexual exploitation prompts. — It now says the chatbot should refuse …
More: Benzinga, Bloomberg, and Financial Express
Bluesky: @businessinsider.com and @hypervisible.blacksky.app
| Jordyn Holman / New York Times: |
Q&A with Oura CEO Tom Hale on why many CEOs love its rings, competition from Apple, and more; Oura sold 2.5M rings in 2024 and expects $1B revenue in 2025 — Oura Health makes a pricey smart ring that busy executives, celebrities and others use to track health measures like their sleep patterns.
More: Men's Health
| Foster Wong / Bloomberg: |
China's central bank opens a digital yuan hub in Shanghai; a Chinese state media report says the hub will oversee cross-border payments and blockchain tech — China's central bank has opened a digital yuan operations center in Shanghai featuring platforms for cross-border payments … | Brian Merchant / Blood in the Machine: |
A look at some California tech regulation bills, including one banning AI use in firing or disciplining workers, that await Gov. Newsom's signature or his veto — Hello friends, fam, and luddites - — Speaking of luddites, I was completely and pleasantly surprised to see the last post blow up.
More: The Tech Policy Press Podcast, Electronic Frontier Foundation, Truth on the Market, The Verge, and Politico
X: @jonhaidt, @eff, @rbensperry, @garrytan, @viacristiano, @dwaynephillips, @laweconcenter, @ctatech, @lorenasgonzalez, @joffemd, @rweingarten, and @taylordbarkley. LinkedIn: Cristiano Lima-Strong
| Maxwell Zeff / TechCrunch: |
X: @goaing117777, @garrisonlovely, @boazbaraktcs, @zamaan_qureshi, @ahmet_s_ozcan, @jachiam0, @scott_wiener, @sgandhi0, @janleike, @jeremyhl, @zeffmax, @geoffreynichil, and @zeffmax. LinkedIn: Nilesh Christopher
| New York Times: |
International Federation of Robotics: Chinese factories installed ~300K new robots in 2024, more than the rest of the world combined; US factories installed 34K — China has embarked on a campaign to use more robots in its factories, transforming its manufacturing industries and becoming the dominant maker.
More: Gizmodo, International Federation of Robotics, IFR International Federation …, Newser, The Robot Report, and Andreessen Horowitz
LinkedIn: Tim Martin, Fredrik Rydén, and Eric Rosenblum
Forums: r/Futurology, r/ADVChina, and r/technology
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