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October 28, 2025, 2:10 PM
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| Bret Taylor / OpenAI: |
OpenAI completes its recapitalization, “simplifying” its structure; OpenAI Foundation now has equity valued at ~$130B and still controls the OpenAI for-profit — OpenAI has completed its recapitalization, simplifying its corporate structure. The nonprofit remains in control …
More: Wall Street Journal, TechCrunch, New York Times, The Verge, PitchBook, San Francisco Chronicle, Fortune, The Guardian, Quartz, Silicon Republic, State of Delaware News, The Information, Windows Report, CNBC, Engadget, Business Insider, Analytics India Magazine, Cointelegraph, Sherwood News, Cautious Optimism, Implicator.ai, Neowin, The Decoder, Time, and Yahoo Finance
X: @swiftstories, @sama, @bjarturtomas, @jason, @jasonkwon, @typedfemale, @koltregaskes, @parikpatelcfa, @todor_m_markov, @cstanley, @ejzim, @scaling01, @bjarturtomas, @michaelhpage, @ajrgd, @scaling01, @tradingvcs, @thezvi, @stalkermustang, @danprimack, @rihardjarc, @openai, @openai, @mmatt14, @aiko_qstarlabs, @stocksavvyshay, @sama, @johncoogan, @obadiaalex, @kevinweil, @chrisfralic, @autismcapital, and @ednewtonrex. Bluesky: @rustybrick.com
Forums: Hacker News, r/technology, r/OpenAI, and r/singularity
| Microsoft: |
Microsoft now holds a ~$135B investment in OpenAI Group PBC, or a ~27% stake, down from 32.5%; OpenAI commits to purchase an additional $250B in Azure services — Since 2019, Microsoft and OpenAI have shared a vision to advance artificial intelligence responsibly and make its benefits broadly accessible.
More: Financial Times, San Francisco Business Times, The Times, GeekWire, Ars Technica, Windows Central, Thurrott, International Business Times, Associated Press, RTÉ, Reuters, Bloomberg, Axios, Investor's Business Daily, Neowin, AIN, Forbes Middle East, FX Empire, Search Engine Journal, AI News, Yahoo Finance, MediaPost, The Daily Caller, UPI, Constellation Research, CNBC, The Straits Times, The Indian Express, Barron's Online, Proactive, Benzinga, NDTV Profit, and Wall Street Journal
X: @dinabass, @bearlyai, @trungtphan, @reach_vb, @alexkaplan0, @manifoldmarkets, @ajrgd, @p_maverick_b, @code_star, @natejhake, @mgsiegler, @mattmday, and @microsoft. LinkedIn: Saanya Ojha
| Bloomberg: |
Microsoft gets access to OpenAI tech through 2032, including models post-AGI but excluding consumer hardware; OpenAI can now develop products with third parties — OpenAI is giving its long-time backer Microsoft Corp. a 27% ownership stake as part of a restructuring plan that took nearly …
More: Mercury News, Windows Central, Bloomberg Law, Salesforce Ben, and Yahoo Finance
X: @josephjacks_, @kakashiii111, @quantian1, @firstadopter, @caro_milanesi, @firstadopter, and @danielnewmanuv
Bluesky: @dinabass, @kingtherapy, @westinlee, @edzitron.com, @mgerrydoyle, and @glinden. Mastodon: @carnage4life@mas.to. Forums: Hacker News
| Bloomberg: |
Amazon says it will cut ~14,000 jobs from its corporate workforce, after cutting 27,000 across 2022 and 2023; the company had 1.55M employees globally in June — Amazon.com Inc. plans to eliminate roughly 14,000 corporate jobs just months after Chief Executive Officer Andy Jassy warned that AI will shrink the company's workforce.
More: About Amazon, Game World Observer, CNBC, Bloomberg, Wall Street Journal, Business Insider, Washington Post, Le Monde, The Verge, GeekWire, Business Insider, Reuters, NPR, PCMag, The Hill, Thurrott, New York Times, Al Jazeera, Yahoo Finance, PC Gamer, CRN, Cord Cutters News, The Information, MobileSyrup, The Ankler, Moneycontrol, Salesforce Ben, CNN, Reuters, Techstrong.ai, The Wrap, Tom's Guide, UPI, Engadget, Quartz, TheStreet, Axios, WinBuzzer, Fast Company, iPhone in Canada, The Guardian, Nairametrics, Financial Times, Mirror, Mashable, Newser, CNBC, The Economic Times, Fox Business, Reuters, CNN, SiliconANGLE, and Spyglass
X: @gergelyorosz, @stevehou0, @chamath, @buccocapital, @ernietedeschi, @conorsen, @jason, @chamath, and @mgsiegler. LinkedIn: Colan Neese
Bluesky: @karlbode.com, @peark.es, @garethwatkins, @anildash.com, @callyson, @lschmeiser, @breakify, and @carnage4life. Threads: @gregbensinger. Mastodon: @nixCraft@mastodon.social
Forums: r/inthenews, r/antiwork, r/IBM, and r/recruitinghell
| Steven Adler / New York Times: |
An ex-OpenAI staffer of four years says it isn't doing enough to protect users, especially those with mental health issues, and needs to offer more than words — I've read more smut at work than you can possibly imagine, all of it while working at OpenAI. — Back in the spring of 2021 …
More: Wired, TechCrunch, PCWorld, Windows Central, and Business Insider
X: @sjgadler, @sjgadler, @sjgadler, @sjgadler, @sjgadler, @sjgadler, @sjgadler, @nitashatiku, @chafkin, @joshkraushaar, and @cliffordasness. LinkedIn: Kavya Miriyala
Bluesky: @justinhendrix, @annmlipton, and @emollick
Forums: r/technews and r/technology
| Jillian Deutsch / Bloomberg: |
Nvidia plans to invest $1B in Nokia for a 2.9% stake in the company, an apparent vindication of its pivot from mobile networking to AI; NOK jumps 20%+ — Nvidia Corp. plans to make a $1 billion equity investment in Nokia Oyj, an apparent vindication of the Finnish company's pivot …
More: CNBC, DatacenterDynamics, RTÉ, Toronto Star, Capital Brief, International Business Times, Tech.eu, Nokia Oyj, The Economic Times, Reuters, Blockchain.News, Benzinga, Dow Jones Newswires, Barron's Online, Hindustan Times, Nvidia Newsroom, TipRanks Financial, Wall Street Journal, Mobile World Live, Analytics India Magazine, Shacknews, Watcher Guru, ZeroHedge News, and Yahoo Finance
X: @nvidianewsroom, @dylanonchips, @kakashiii111, @nokia, @rayno, @edludlow, @teroterotero, and @teroterotero. Bluesky: @kosso.co.uk. Forums: r/Nokia
| Washington Post: |
Grokipedia, a Grok-based encyclopedia, launches with 885K+ articles, drawing from Wikipedia content; Elon Musk called it “a massive improvement” over Wikipedia — The right-leaning tech magnate is touting his own online encyclopedia as an unbiased alternative, but it went down after about an hour.
More: Grokipedia, Wired, CNN, PCMag, Le Monde, New York Times, KnowTechie, Gizmodo, iPhone in Canada, New York Post, Engadget, The Daily Caller, Digit, Futurism, The Indian Express, TESLARATI, The Hans India, The Shortcut, Portland Mercury, People, PYMNTS.com, The Guardian, Implicator.ai, Gizchina, Forbes Middle East, The Overspill, and Business Insider
X: @elonmusk, @elonmusk, @elonmusk, @elonmusk, @hadas_gold, @lsanger, @elonmusk, @cb_doge, @quantian1, @kimmonismus, @grummz, @chamath, @thomasslabbers, @harrisonstephen, @basedbeffjezos, @luismbat, @elonmusk, @jack, @garymarcus, @stevesi, @garymarcus, @garymarcus, @amxfreeze, @lsanger, @grummz, @kettlebelldan, @samsheffer, @chamath, @mfnrich, @basil_tgmd, @eevblog, @brianroemmele, @waytoomuchbeer, and @ramintahbaz
Bluesky: @esqueer.net, @brunojnavarro, @jwharris, @seanhollister, @cuthrell.com, @jeremyfcohen, @justinhendrix, @davidingram, @rmac, @nerdjpg.com, @rmac, @rmac, @niedermeyer.online, and @milesklee
Mastodon: @ricmac@mastodon.social, @AkaSci@fosstodon.org, and @nixCraft@mastodon.social
Forums: r/wikipedia, r/skeptic, r/inthenews, r/technology, and r/DePi
| Jay Peters / The Verge: |
xAI's Grokipedia says Grok fact-checked its entries and some “content is adapted from Wikipedia”; some pages, like the PS5's, are almost identical to Wikipedia — Some of Grokipedia's pages say that content is ‘adapted’ from Wikipedia.
More: 404 Media, The Register, Associated Press, The Decoder, Futurism, LGBTQ Nation, and Dexerto
X: @joni_askola and @cherthedev
Bluesky: @jasonkoebler, @ianpatterson.com, @karlbode.com, @karlbode.com, @karlbode.com, and @chrisdeleon
| Jess Weatherbed / The Verge: |
At its Adobe Max event, Adobe unveils AI tools for Photoshop, Premiere Pro, and Lightroom, and says Firefly Image 5 can generate images in native 4MP resolution — Adobe's Creative Cloud and Firefly apps are adding new ways to do labor-intensive photo and video editing tasks for you.| Financial Times: |
Truth Social launches Truth Predict, a prediction market platform in partnership with Crypto.com to let users trade on major current events like elections — US president's social media platform enters prediction market sector — Donald Trump's Truth Social platform is to offer users …
More: Trump Media & …, CoinDesk, DL News, Axios, Decrypt, Benzinga, crypto.news, The Crypto Times, Bitcoin Insider, CoinGape, and Washington Times. Bluesky: @mexicanrestaurant
| Natalie Kainz / NBC News: |
An analysis of 30+ US data center proposals in 14 states: in most cases, local officials signed NDAs and worked with apparent shell companies to hide details — Big Tech companies use secrecy agreements with local governments to keep communities from knowing who is building in their backyards.| Hugh Son / CNBC: |
PayPal CEO Alex Chriss says the company signed a deal with OpenAI to let shoppers use PayPal's digital wallet in ChatGPT to pay for items, starting in 2026 — PayPal has signed a deal with OpenAI to have its digital wallet embedded into ChatGPT so users can pay for items found through …
More: CNET, TechCrunch, PayPal Holdings, Inc., The Verge, eWeek, Payments Dive, Financial Express, PCMag, Yahoo Finance, Adweek, Mercury News, American Banker, Fox Business, New York Post, Neowin, Mashable, Quartz, Benzinga, Blockonomi, Coinpedia Fintech News, and Irish Independent
| Bloomberg: |
More: PYMNTS.com, Reuters, Paypal, Finextra, Blockchain.News, Sourcing Journal, Proactive, Investor's Business Daily, and Reuters
X: @acce, @paypal, and @kross_roads
| Vicky Ge Huang / Wall Street Journal: |
Western Union plans to launch a dollar-backed stablecoin, USDPT, that is built on the Solana blockchain and issued by Anchorage Digital Bank, in H1 2026 — Company plans to launch its own stablecoin in 2026 — One of the oldest payments networks is stepping into the digital age.
More: Business Wire, Decrypt, Blockworks, The Block, Crypto Briefing, and Watcher Guru
LinkedIn: Martin Carrica and Emanuele R.
| Tim Bradshaw / Financial Times: |
Substrate, which aims to challenge TSMC, raised $100M+ from Founders Fund, General Catalyst, and others at a $1B+ valuation as it seeks to boost US chip making — Substrate plans to use particle accelerators to lower cost of chip manufacturing — Silicon Valley investors …
More: Reuters, General Catalyst, Wall Street Journal, New York Times, Substrate, and The Free Press
| Emma Roth / The Verge: |
After AWS's major outage, Signal's Meredith Whittaker says there “isn't really another choice” but to use AWS and “the entire stack” is “owned by 3-4 players” — Meredith Whittaker is using the AWS outage as an opportunity to highlight the 'concentration …
Bluesky: @meredithmeredith, @meredithmeredith, @meredithmeredith, and @meredithmeredith
Forums: r/technology, r/cybersecurity, r/privacy, r/signal, and Slashdot
| Financial Times: |
Visible Alpha: Apple's Services unit revenue is set to hit $108.6B in the year to September, its first time above $100B and up 13% YoY, ahead of its Q4 results — Tech giant's high-margin unit has doubled in size over the past five years — Apple is set to top $100bn in annual revenues …
More: AppleInsider, Computerworld, and 9to5Mac
| Liz Napolitano / CNBC: |
Securitize, a blockchain company that tokenizes investments, files to go public via a SPAC started by Cantor Fitzgerald, valuing Securitize at $1.25B pre-money — Securitize, the “real world assets” platform that powers BlackRock's tokenized money market fund, will go public through a merger …
More: PYMNTS.com, Decrypt, The Block, Securitize, Blockchain.News, Coinmonks, The Crypto Times, CoinDesk, Cointelegraph, Refresh Miami, and Cryptonews
| Anna Irrera / Bloomberg: |
Circle launches the test version of its Arc blockchain, with Goldman, BlackRock, Apollo, Anthropic, Intercontinental Exchange, and others set to trial it — Stablecoin issuer Circle Internet Group Inc. has launched the test version of its Arc blockchain, with companies including Goldman Sachs Group Inc … | Alicia Park / Forbes: |
ConductorOne, which helps address identity cybersecurity risks for human and AI staff, raised a $79M Series B led by Greycroft, sources say at a $350M valuation — As identity-related cyberattacks increase, ConductorOne has raised $79 million to make sure employees — human or not — can securely access the work apps they need.
More: Business Wire, VC News Daily, and Portland startups …
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