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October 27, 2025, 8:25 PM
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| Greg Bensinger / Reuters: |
Sources: Amazon plans to lay off ~10% of corporate staff, or ~30,000 people, its largest layoffs since 2022, to reduce costs and address pandemic overhiring — Amazon (AMZN.O) is planning to cut as many as 30,000 corporate jobs beginning Tuesday, as the company works to pare expenses …
More: Bloomberg, CNBC, SiliconANGLE, New York Times, Thurrott, Wall Street Journal, CRN, Business Insider, Gizmodo, Benzinga, Investor's Business Daily, Tech.co, New Jersey Online, CNN, GeekWire, TechCrunch, New Republic, Dow Jones Newswires, TVNewsCheck, The Wrap, The Information, Sourcing Journal, The National Pulse, Spyglass, Baller Alert, Breitbart, Deadline, Forbes, Axios, WKYC-TV, Yahoo Finance, San Francisco Chronicle, Blockchain.News, Transport Topics, The Post Millennial, and Watcher Guru
X: @joinblind, @buccocapital, @darrigomelanie, @catturd2, @jason, @simenomics, @98_tennis, @j1618g, @quantumagecap, @pankajmittl7, @aconfidencegame, @icomaki2, @notseger, @jason, @deitaone, @sergiustrading, @n29to, @mgsiegler, and @aaront4boss
LinkedIn: Neil Dutta and Greg Bensinger
Bluesky: @carnage4life, @carlquintanilla, @coachnobody, @vought, and @mgsiegler.com. Threads: @joshpetersel. Mastodon: @nixCraft@mastodon.social
Forums: r/SeattleWA, r/singularity, r/wallstreetbets, r/technology, r/Seattle, r/aws, and Slashdot
| Kif Leswing / CNBC: |
Qualcomm unveils two AI inference chips, the AI200, set for 2026, and the AI250, planned for 2027, and says Humain is the first customer; QCOM closes up 11% — Qualcomm announced Monday that it will release new artificial intelligence accelerator chips, marking new competition for Nvidia …
More: Qualcomm, The Information, HotHardware, Reuters, Qualcomm, SiliconANGLE, Bloomberg Law, The Straits Times, Yahoo Finance, The Information, New York Times, Data Center Knowledge, Los Angeles Times, Techstrong.ai, Dow Jones Newswires, Benzinga, New York Post, UPI, ServeTheHome, Shacknews, Business Insider, BonTech Labs, Blockchain.News, Wall Street Pit, Axios, TechPowerUp, Livemint, Forbes, Fortune, Barchart.com, Tom's Hardware, WinBuzzer, Financial Times, Moneycontrol, VideoCardz.com, Watcher Guru, Capacity, Wall Street Journal, Constellation Research, and Sherwood News
X: @digitalix, @fortunemagazine, @jamescz19, @omercheeema, @qualcomm_mea, @fortunemagazine, @durga_malladi, @maxwinebach, @qualcomm, @humainai, @zephyr_z9, @eastdakota, @gauravisnotme, @beth_kindig, @superluckeee, @cristianoamon, @semianalysis_, @patrickmoorhead, @edludlow, @tareqamin_, @edludlow, @qualcomm, @patrickmoorhead, @theaustinlyons, @kristinaparts, and @cristianoamon
Forums: r/AMD_Stock and Slashdot
| OpenAI: |
OpenAI estimates that around 0.07% of ChatGPT users active in a week show “severe mental health symptoms” like mania, and details its safety improvements — We worked with more than 170 mental health experts to help ChatGPT more reliably recognize signs of distress, respond with care …
More: Wired, TechCrunch, Platformer, PCMag, Gizmodo, Search Engine Journal, Blockchain.News, WebProNews, and Big Technology
X: @openai, @8teapi, @joheidecke, @indianidle, @joheidecke, @joheidecke, @joheidecke, @fidjissimo, and @marvinvonhagen. LinkedIn: Andrea V.
Bluesky: @benecal, @lizzieohreally, @brbarrett, @damonberes.com, @fluxinflux, @edithcharles, @fluxinflux, @folletto, and @viacristiano. Mastodon: @rmondello@hachyderm.io
Forums: r/technology, r/technology, r/technews, r/TrueReddit, r/MyBoyfriendIsAI, and r/OpenAI
| Webb Wright / ZDNET: |
Anthropic expands Claude for Financial Services with a beta Claude for Excel integration, additional data connectors, and new pre-built Agent Skills — ZDNET's key takeaways — Anthropic's Claude chatbot just got a suite of finance updates. — Claude can draft financial reports, access new data, and more.
More: Anthropic, WinBuzzer, VentureBeat, and PYMNTS.com
X: @anthropicai, @ambricken, @alexalbert__, @kimmonismus, @_arohan_, @vitaliychiley, @loganmbrand, @anthropicai, and @danshipper. Forums: r/artificial
| Marcus Mendes / 9to5Mac: |
Meta launches “ghost posts” on Threads, letting users share “unfiltered thoughts” in posts that disappear after 24 hours; replies will appear as a DM — Threads is rolling out ghost posts, which get automatically archived after 24 hours. Here's how it works.
More: Meta Newsroom, MacRumors, Android Headlines, Forbes Middle East, Android Central, TechCrunch, The Verge, Digital Trends, Reuters, Fast Company, Bloomberg, Engadget, and PhoneArena
Bluesky: @vegandroid. Threads: @katienotopoulos, @katienotopoulos, @hashpiperdy, @racsterls, @guillecummings, @masiosare, @conno_r, @kurtwag8, @feministajones, @threads, @jw, @zuck, @kurtwag8, @martinsfp, and @chancehmiller. Forums: MacRumors Forums
| Jez Corden / Windows Central: |
Sources: Microsoft's next Xbox will run Windows, letting users play PlayStation titles on Steam and the full Xbox console library, without a multiplayer paywall — The new Xbox platform is said to be a “premium” experience, and now we have some details on what it'll look like.
More: IGN, Kotaku, Thurrott, TheGamer, Gamereactor UK, Windows Report, Pure Xbox, Polygon.com, Comic Book, Tech4Gamers, and PCWorld
X: @brap_podcast, @qwik, @qwik, @qwik, @qwik, @qwik, @jdotb, @jezcorden, @klobrille, @paultassi, @jezcorden, @danno_omen, and @longislandviper
Bluesky: @knoebel, @brettfavaro, @alex.antilogik.de, @tprstly.com, @vegandroid, @benalterman.com, and @mgsiegler.com
Forums: r/xbox, r/technology, r/Games, r/wow, r/gaming, r/XboxSeriesS, r/gamingnews, r/kindafunny, r/pcgaming, and Slashdot
| Washington Post: |
Grokipedia, a Grok-powered online encyclopedia, launches with over 885K articles; Elon Musk has touted it as a less biased alternative to Wikipedia — The right-leaning tech magnate is touting his own online encyclopedia as an unbiased alternative, but it went down after about an hour. — just now
More: New York Times, Moneycontrol, Engadget, and Business Insider
X: @harrisonstephen and @kettlebelldan
Bluesky: @rmac, @nerdjpg.com, @rmac, @rmac, @niedermeyer.online, @milesklee, and @jeremyfcohen
| MiniMax: |
China's MiniMax releases MiniMax M2, an open-source model optimized for AI agents and coding and priced at $0.30/1M input tokens and $1.20/1M output tokens — From Day 1 of our founding, we have been committed to the vision of “Intelligence with Everyone.”
More: Hugging Face, South China Morning Post, WebProNews, Analytics India Magazine, and The Information
X: @teortaxestex, @yifan_zhang_, @teortaxestex, @simonw, @vllm_project, @artificialanlys, @thom_wolf, @reach_vb, and @grad62304977. Bluesky: @dorialexander
| Asa Fitch / Wall Street Journal: |
A look at Anthropic's success with corporate AI, which makes up ~80% of its revenue; a July report put its enterprise API market share at 32% vs. OpenAI's 25% — Anthropic, backed by Amazon and Google, is focusing on corporate customers rather than the mass market
X: @moxarela_tech, @smzpomr_yimort, @ddehilster, @sjoldvalueguy, @almadiraeronyx, @eve_silb, @snowalgo, @codewithimanshu, @lmt2683, @mirko_monti6, @rammvier14, @jd__hayes, @mickrussom, @dogancanbaris, @jakemcm36986672, @doctoryev, @awakenstudy, @chachangfan, @shadowcrewtroll, @shiva_2314, @philswenson, @quentin_o26, @comrade_mog, @jordanroth_, @jamipuchi, @robertomasymas, @sonicshifts, @davidpawlan, @everydayai_, @carlosml, @thenohtus, @gethackteam, @madietlx, @aiwithkush, @_valsai, @steadtlera58435, @shlomicohenai, @truthdotphd, @anaishowland18, @pablocr, @timdodaro2, @garrisonlovely, @jingerzz, @itakgol, @nathanbenaich, @synthshareai, @premmeyyappan0, @lorenzozar, @notadrianmadame, @vietphanx, @zenul_abidin, @muh_saad0, @itsonolo, @kuittinenpetri, @david_logger, @oscarle_x, @garymarcus, @stefanfschubert, and @ai_for_success. Bluesky: @jessefelder. Forums: Slashdot
| Hannah Murphy / Financial Times: |
Internal memo: Vishal Shah, who led Meta's metaverse unit, will now lead AI product management; sources: Vibes was rushed out to get ahead of OpenAI's Sora — Vishal Shah takes on key role after Meta AI video service Vibes overshadowed by OpenAI's Sora — Mark Zuckerberg has appointed … | Vallari Srivastava / Reuters: |
NextEra Energy and Google sign a 25-year power supply deal, which includes restarting the 615MW Duane Arnold nuclear plant in Iowa, shut down in 2020 — U.S. utility NextEra Energy (NEE.N) and Alphabet's (GOOGL.O) Google have singed a power supply deal, which would help restart the Duane Arnold nuclear plant in Iowa.| Reuters: |
The US forms a $1B partnership with AMD to build two AI supercomputers, Lux and Discovery, accelerating research in fusion energy, drug development, and more — - Supercomputers to help harness fusion energy, treat cancer — Lux supercomputer to come online in six months
More: SiliconANGLE, The Verge, FedScoop, Washington Examiner, Fast Company, Tom's Hardware, TechPowerUp, and Benzinga
| Vallari Srivastava / Reuters: |
Chegg plans to cut 388 roles, or about 45% of the workforce, citing the “new realities of AI”, and says executive chairman Dan Rosensweig returns as CEO — Educational technology company Chegg (CHGG.N) said on Monday it would cut 388 roles globally, or about 45% of the workforce … | Angel Au-Yeung / Wall Street Journal: |
AI contractor marketplace Mercor raised a $350M Series C led by Felicis at a $10B valuation, following a $100M Series B at a $2B valuation announced in February — Founded in 2023 by three college dropouts, Mercor recruits humans to train chatbots, a new industry gold mine
More: CNBC, Tech Funding News, TechCrunch, and Mercor
X: @sarahtavel, @akothari, @adarsh_exe, @mercor_ai, @chetanp, @arfurrock, @kevinhartz, @kylerywang, @brendanfoody, @mahapatrachirag, @luke_metro, and @pxd. LinkedIn: Angel Au-Yeung
| Jonathan Stempel / Reuters: |
A US judge decertifies a class action that accused Apple of monopolizing the market for iPhone apps, citing errors in the plaintiffs' damages model — - Judge reverses February 2024 class certification — Apple monopolization said to result in higher prices — Disappointed plaintiffs to review next steps, lawyer says
More: AppleInsider, 9to5Mac, iClarified, and Bloomberg Law
| Annie Palmer / CNBC: |
Filing: iRobot says its last potential buyer withdrew from the process and its financials remain dire, following Amazon abandoning a 2024 bid; IRBT drops 33%+ — Shares of iRobot plunged 33% on Monday after the company warned its search for a buyer has hit a substantial roadblock and its financial condition remains dire.
More: The Boston Globe, Mashable, iRobot, and The Independent
| Josh Scott / BetaKit: |
Toronto-based Wealthsimple, an online investment management service, raised CA$750M co-led by Dragoneer and GIC at a post-money valuation of CA$10B — Up to $750-million financing includes $550-million primary and $200-million secondary offerings. — Toronto-based FinTech firm Wealthsimple …
More: Globe and Mail, Canadian Press, Bloomberg, and Wealthsimple
| Paige Smith / Bloomberg: |
PayPal and Bilt, which offers rewards points for rent payments, say Bilt customers will be able to use Venmo to make rent and mortgage payments starting in 2026 — PayPal Holdings Inc. and Bilt Rewards are teaming up to let customers use Venmo to make rent and mortgage payments starting early next year.
More: PYMNTS.com, Forbes, and PayPal Newsroom
| Ashley Capoot / CNBC: |
OpenAI urges the US to commit to building 100GW of new energy capacity each year to stay ahead of China in AI, and says “electrons are the new oil” — OpenAI on Monday said the U.S. needs to substantially ramp up its investment in new energy capacity if it wants to stay ahead … | Dion Lim / CEO Dinner Insights: |
The current AI investment boom will spark a “wildfire” that wipes out some companies, yet bolsters and enables others by unlocking GPUs, energy, and talent — AI won't crash—it will burn. Like every tech cycle, the fire will clear the brush, redistribute talent, and leave infrastructure to power what comes next.
X: @manosaie, @ericabrescia, @thisiskp_, and @mamoonha
LinkedIn: Dion Lim, Janet Lee Johnson, Benjamin Abes, and Liz Fuscaldo Chroust
| Kai Wu / Sparkline Capital: |
X: @thestalwart, @bgurley, @adam_winnick, @buccocapital, @mattsechrest, @ckaiwu, and @jackneele
Bluesky: @kentindell and @jessefelder
| Toby Sterling / Reuters: |
Sources: the Netherlands took control of Nexperia over fears its ex-CEO Zhang Xuezheng was dismantling its European operations and moving production to China — The Netherlands' decision to take control of chipmaker Nexperia in September was due to fears the company's former CEO … | Emily Mason / Bloomberg: |
Citigroup and Coinbase say they are exploring on-chain stablecoin payments and simpler crypto-fiat transfers for Citi's institutional clients — Citigroup Inc. and Coinbase Global Inc. are teaming up to provide expanded digital-asset payment capabilities to the bank's corporate clients …
More: Citi, CoinDesk, Finextra, Cointelegraph, Bitcoin Insider, CoinGape, PaymentsJournal, and Decrypt
| Anna Irrera / Bloomberg: |
IBM launches Digital Asset Haven, a digital assets platform built with crypto wallet provider Dfns for financial institutions, governments, and companies — International Business Machines Corp. is launching a digital assets platform to allow financial institutions, governments and companies …
More: IBM, The Block, SiliconANGLE, PYMNTS.com, The Daily Hodl, BeInCrypto, The Crypto Basic, The Crypto Times, Bitcoin Insider, crypto.news, CoinDesk, and Blockonomi. LinkedIn: Tina Tarquinio
| Financial Times: |
Sources: Forge Global, a leading platform for trading stakes in private startups, is exploring a sale, after its stock fell 90% since its 2021 IPO — Platform for trading stakes in private start-ups went public in 2021 through reverse merger with blank cheque company
More: The Information and Wall Street Journal
| Milana Vinn / Reuters: |
Sources: SAP is considering a new bid for accounting software company BlackLine, after its previous bid of nearly $4.5B was rejected in June — - Previous $66 per share offer was rejected in June, a source says — SAP is a key customer, accounting for nearly 30% of BlackLine's revenue
More: Bloomberg Law, Yahoo Finance, and Bloomberg
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