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California launches a tool to serve as an "early warning system" for widespread AI-driven job loss, linking AI exposure with unemployment insurance claims (Jo Constantz/Bloomberg)
SoftBank shares fell 12% after reports that OpenAI may delay its IPO until 2027; expectations of a windfall from OpenAI's debut helped support Softbank's stock (Aya Wagatsuma/Bloomberg)
Utah-based ecommerce tech company Redo raised an $81M Series B at a $1.25B valuation led by Smash Capital, with participation from Pelion and Cervin (David Politis/Utah Money Watch)
Warp, a startup using AI to automate payroll compliance and employee management, raised a $60M Series B led by Battery, bringing its total funding to $85M (Lucinda Shen/Axios)
OpenAI says 97.9% of its employees are now using Codex, up from ~40% in August 2025; non-developer usage of Codex has risen 137x for individual users (Thomas Claburn/The Register)
Swiss watchmaker Swatch seeks $170M from Samsung in a London trial over 26 digital watch face apps that allegedly cloned luxury brand designs, including Omega (Alistair Gray/Financial Times)
Sources: SpaceX COO Gwynne Shotwell told investors during an IPO roadshow SpaceX may launch a Starlink mobile product and build its own terrestrial US network (Financial Times)
Chipmaker Onsemi agrees to buy Synaptics in a nearly $7B all-stock deal expected to close in the middle of 2027; ON drops 9%+ and SYNA jumps 11%+ after hours (Samantha Subin/CNBC)
Source: Google is asking publishers that test new AI features in Google News to grant it broad rights to their content, including to potentially train AI models (Ann Gehan/The Information)
Om Malik, a longtime technology writer, founder of Gigaom, and a partner at True Ventures, died on Wednesday at 59 (Om Malik/On my Om)
Patronus AI, which builds simulated digital environments for evaluating AI agents, raised a $50M Series B led by Greenfield, bringing its total funding to $70M (Marina Temkin/TechCrunch)
Apple says it removed VK's apps from the App Store to comply with sanctions; VK says they were removed without warning and it has never been under US sanctions (Reuters)
NHTSA proposes eliminating the mandate for manual brake pedals in "vehicles designed to be driven exclusively by automated driving systems" (Sean O'Kane/TechCrunch)
Doc: the DOD has quietly revised its doctrine on how the US military picks its targets, envisioning "systems where AI initiates actions with human monitoring" (Katrina Manson/Bloomberg)
YouTube rolls out changes to Shorts, including adding a setting to double playback speed, eliminating the "dislike" button, and more (Lucas Ropek/TechCrunch)
Elastic announces a ~7% reduction in its workforce, and says "advances in AI and automation are letting us operate with leaner teams"; ESTC closed down 8.70% (Richard Speed/The Register)
How the US AI build-out is pushing up prices for electricity, software, and more; in a survey, 81% of economists say it will add to inflation over the next year (Justin Lahart/Wall Street Journal)
Sources: Apple plans to skip higher-end M6 chips and launch its next Pro and Max chips in 2027 as part of the M7 lineup, to boost on-device AI capabilities (Mark Gurman/Bloomberg)
Sources: Bumble explores a sale amid slowing growth in the online dating sector; its shares fell 48% over the past 12 months, giving it a market cap of $388M (Milana Vinn/Reuters)
Nebulock, which helps security teams proactively find and remediate threats across a company's security stack, raised a $25M Series A led by FirstMark (Chris Metinko/Axios)

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