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October 27, 2025, 7:15 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: New York Times, Wall Street Journal, Thurrott, CRN, Business Insider, Los Angeles Times, CNBC, Gizmodo, Bloomberg, Benzinga, Investor's Business Daily, GeekWire, TechCrunch, The Information, CNN, Dow Jones Newswires, New Republic, The Wrap, TVNewsCheck, Forbes, Sourcing Journal, WKYC-TV, Bloomberg Law, Axios, San Francisco Chronicle, Breitbart, Deadline, Baller Alert, The National Pulse, New York Post, Yahoo Finance, Watcher Guru, Spyglass, New York Daily News, Blockchain.News, Transport Topics, and The Post Millennial
X: @buccocapital, @darrigomelanie, @catturd2, @jason, @jason, @simenomics, @98_tennis, @j1618g, @quantumagecap, @pankajmittl7, @aconfidencegame, @icomaki2, @notseger, @deitaone, @sergiustrading, @n29to, @mgsiegler, and @aaront4boss
LinkedIn: Greg Bensinger and Neil Dutta
Bluesky: @carlquintanilla, @coachnobody, @vought, and @mgsiegler.com. Threads: @joshpetersel. Mastodon: @nixCraft@mastodon.social
Forums: 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, HotHardware, SiliconANGLE, Reuters, New York Times, The Information, Data Center Knowledge, Los Angeles Times, Yahoo Finance, Bloomberg Law, Qualcomm, Techstrong.ai, Dow Jones Newswires, Benzinga, New York Post, Wall Street Pit, PYMNTS.com, Tom's Hardware, UPI, Livemint, Moneycontrol, ServeTheHome, Shacknews, Business Insider, BonTech Labs, Blockchain.News, Axios, TechPowerUp, Forbes, Barchart.com, WinBuzzer, Financial Times, VideoCardz.com, Watcher Guru, Capacity, Wall Street Journal, Constellation Research, and Sherwood News
X: @durga_malladi, @maxwinebach, @qualcomm, @humainai, @patrickmoorhead, @zephyr_z9, @eastdakota, @gauravisnotme, @beth_kindig, @superluckeee, @semianalysis_, @edludlow, @tareqamin_, @edludlow, @qualcomm, @patrickmoorhead, @theaustinlyons, @cristianoamon, @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, PCMag, Gizmodo, Search Engine Journal, WebProNews, Blockchain.News, and Big Technology
X: @openai, @8teapi, @joheidecke, @indianidle, @joheidecke, @joheidecke, @joheidecke, @fidjissimo, and @marvinvonhagen. LinkedIn: Andrea V.
Bluesky: @folletto, @viacristiano, @fluxinflux, @fluxinflux, @damonberes.com, @benecal, @lizzieohreally, @brbarrett, and @edithcharles. Mastodon: @rmondello@hachyderm.io
Forums: r/technology, r/technology, r/technews, r/MyBoyfriendIsAI, and r/OpenAI
| 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, Pocket-lint, Android Central, TechCrunch, The Verge, Digital Trends, Fast Company, Bloomberg, Engadget, and PhoneArena
Bluesky: @vegandroid. Threads: @katienotopoulos, @hashpiperdy, @racsterls, @feministajones, @chancehmiller, @guillecummings, @zuck, @jw, @martinsfp, @masiosare, @conno_r, @kurtwag8, @threads, and @kurtwag8. Forums: MacRumors Forums
| 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, Benzinga, Tom's Hardware, Washington Examiner, Fast Company, TechPowerUp, and Proactive
| 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.| 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
| 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, WebProNews, Analytics India Magazine, and The Information
X: @teortaxestex, @yifan_zhang_, @teortaxestex, @simonw, @vllm_project, @artificialanlys, @thom_wolf, @reach_vb, and @grad62304977. Bluesky: @dorialexander. Forums: r/LocalLLaMA
| 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: Thurrott, IGN, Kotaku, PCWorld, Polygon.com, Pure Xbox, Comic Book, and Tech4Gamers
Bluesky: @vegandroid, @knoebel, @brettfavaro, @alex.antilogik.de, @tprstly.com, @benalterman.com, and @mgsiegler.com
Forums: r/technology, r/xbox, r/Games, r/wow, r/gaming, r/XboxSeriesS, r/gamingnews, r/kindafunny, r/pcgaming, and 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 … | 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: Janet Lee Johnson, Dion Lim, Benjamin Abes, and Liz Fuscaldo Chroust
| Kai Wu / Sparkline Capital: |
X: @thestalwart, @bgurley, @adam_winnick, @buccocapital, @mattsechrest, @ckaiwu, and @jackneele
Bluesky: @kentindell and @jessefelder
| 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, Blockchain.News, and PYMNTS.com
| 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, @ai_for_success, and @stefanfschubert. Bluesky: @jessefelder. Forums: Slashdot
| 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: Mashable, The Independent, and iRobot
| 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 … | 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, Bloomberg, and Wealthsimple
| Sneha Kumar / Reuters: |
Australia sues Microsoft for allegedly misleading ~2.7M Microsoft 365 users into accepting a price hike for Copilot plans while hiding cheaper non-AI options — - Microsoft 365 personal plan price increased by 45% — Cheaper ‘classic’ plan only revealed during cancellation process
More: Australian Competition …, Financial Express, SmartCompany, The Register, ABC, HotHardware, Australian Financial Review, The Guardian, Moneycontrol, CIO Dive, Neowin, Breitbart, The American Bazaar, Implicator.ai, UPI, Thurrott, Computerworld, Windows Central, eWeek, CyberInsider, BonTech Labs, and Information Age
X: @acccgovau, @accan_au, @consumer_action, @wavesblog, and @mumbletwits
Bluesky: @richardtroupe, @rewhan, @raymondwilton, @magnificom, @picketer, @kels316, @eliseswritings, @yungenchee, @jilldlawrence, @joshtaylor, and @leanneveronica
Mastodon: @brucelawson@social …, @NewtonMark@eigenmagic.net, and @b9AcE@todon.eu
Forums: r/assholedesign, r/BuyFromEU, r/BetterOffline, r/australia, r/technology, and Slashdot
| 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
| 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, Coinpedia Fintech News, Bitcoin Insider, CoinGape, PaymentsJournal, and Decrypt
| 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
| 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 …
More: Chegg
| 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, Blockonomi, Cryptonews, Implicator.ai, and Cointelegraph. LinkedIn: Tina Tarquinio
| Will McCurdy / PCMag: |
X prompts users to re-enroll their security keys for 2FA, and will lock accounts that are not updated by Nov. 10, allowing it to retire the Twitter.com domain — If you're using a hardware security key as your two-factor authentication (2FA) method on X, you'll need to re-enroll by Nov. 10 or your account will be locked.
More: The Verge, 9to5Mac, CNET, BleepingComputer, Gizmodo, TechCrunch, Social Media Today, TechRadar, Moneycontrol, Fast Company, ZDNET, Macworld, Digital Trends, Livemint, NDTV Profit, The Register, MakeUseOf, and Mashable
X: @safety, @safety, @safety, @icesolst, @marc0zane, @nathanmcnulty, @dinodaizovi, and @itsreallynick
| 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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