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October 21, 2025, 10:00 AM

Top News

CNBC:
AWS says services have “returned to normal operations” after a US-EAST-1 outage, first reported on October 20 at 3:11am ET, that affected major services  —  Amazon Web Services, a leader in the cloud infrastructure market, reported a major outage on Monday that took down numerous major websites.
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LinkedIn: Jeremy M. and Alistair McLeod
Lauren Thomas / Wall Street Journal:
Coinbase agrees to acquire Echo, a blockchain platform to let crypto companies quickly raise capital, for ~$375M, marking Coinbase's eighth acquisition in 2025  —  Acquisition marks Coinbase's eighth deal this year  —  Coinbase Global has struck a roughly $375 million deal to acquire Echo …
Frederic Lardinois / The New Stack:
Anthropic announces Claude Code on the web and in the Claude iOS app, available in beta as a research preview for Pro and Max users  —  Today, Anthropic's Claude Code agentic coding tool is moving beyond the terminal and coming to the web and the company's mobile app.
Ashley Capoot / CNBC:
New York Times:
Internal Amazon documents and sources: executives believe Amazon is on the cusp of replacing 500K+ jobs with robots and aims to automate 75% of its operations  —  Internal documents show the company that changed how people shop has a far-reaching plan to automate 75 percent of its operations.
Karen Weise / New York Times:
A look at Amazon's Sparrow, Cardinal, Proteus, and other warehouse robots, taking over roles like selecting and picking items, carrying shipping carts, and more  —  Meet Sparrow, Cardinal and Proteus.  They're the robots that, step by step, are replacing human workers in the company's warehouses.
Michelle Hackman / Wall Street Journal:
The US government issues new guidelines on its $100K H-1B visa fee, saying it will apply only to new visa applicants outside the country, not all new applicants  —  Under new guidance, only applicants living abroad will be subject to the fee  —  WASHINGTON—President Trump's $100,000 H-1B visa fee …
David Pierce / The Verge:
iPad Pro (M5, 2025) review: amazing performance, hardware remains unbeaten, and iPadOS is getting more Mac-like, but still too pricey for a secondary computer  —  What do you get the tablet that has everything?  Last year, Apple debuted a massive overhaul to the iPad Pro, with a thin new design …
Omar El Chmouri / Bloomberg:
Documents: OpenAI has more than 100 ex-investment bankers paid $150 per hour to train its AI to build financial models as part of its secretive Project Mercury  —  OpenAI has more than 100 ex-investment bankers helping train its artificial intelligence on how to build financial models …
Jaures Yip / CNBC:
OpenAI says it will work with SAG-AFTRA, CAA, UTA, and others to crack down on Sora 2 deepfakes, following concerns from actor Bryan Cranston and SAG-AFTRA  —  OpenAI announced on Monday in a joint statement that it will be working with Bryan Cranston, SAG-AFTRA, and other actor unions …
Kenza Bryan / Financial Times:
Carbon accounting authority Greenhouse Gas Protocol proposes its first update in a decade to tighten its rules, threatening US giants like Amazon and Meta  —  Amazon and Meta face biggest proposed update on measuring emissions in a decade  —  The world's leading authority on carbon accounting …

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