‘Too early’ to talk IPO, Redwood Materials’ incoming CFO says
The battery recycling and energy storage company has hired former Tesla finance chief Deepak Ahuja, reuniting him with former Tesla CTO JB Straubel.
The running list: major tech layoffs in 2026 where employers cited AI
A running look — in reverse chronological order — at the bigger tech companies that have announced significant layoffs this year with AI as a stated factor.
Others
NYT’s Wordle to become a TV game show
The popular mobile puzzle game will become a TV game show next year.
TikTok launches an ad-free subscription plan in the UK
Users who sign up for the plan won’t see ads on TikTok, and their data won’t be used for advertising purposes.
There aren’t enough rockets for space data centers. Cowboy Space raised $275 million to build them.
Cowboy Space Corporation wants to put data centers in orbit. First, it has to build the rockets to get them there.
Discord launches Nitro Rewards, giving subscribers access to the base tier of Xbox Game Pass for no extra cost
Discord’s Nitro Rewards program will give Nitro subscribers access to Xbox Game Pass, and discounts from Logitech, SteelSeries, and other gaming brands.
Venmo’s biggest makeover in years comes at a very interesting time
The timing is notable. PayPal, which owns Venmo, is restructuring to spin Venmo off as a standalone business unit — a move widely seen as laying the groundwork for a potential sale. Stripe has reportedly expressed interest in buying PayPal outright.
Korea’s biggest manufacturers back Config, the TSMC of robot data
Samsung, Hyundai and LG just bet on the startup that wants to be robotics’ data backbone.
Get ready for the whisper-filled office of the future
How will work setups change if we spend more and more time talking to our computers?
Anthropic says ‘evil’ portrayals of AI were responsible for Claude’s blackmail attempts
Fictional portrayals of artificial intelligence can have a real effect on AI models, according to Anthropic.
AI Isn’t Actually Making Running a Company Easier — It’s Exposing These 3 Gaps in How People Lead
AI helps reveal the structural gaps in how decisions are made, alignment holds and organizations scale. Here’s what to do if it’s shown you gaps in your business.