AI is turbocharging coding, turning days of work into minutes. But veteran developers are posting about feeling “kinda depressed” as a lifetime of skill feels sidelined. This tension is a preview for all white-collar work.
A proposal to ban institutional investors from buying homes is gaining political traction. The data shows it’s a bad idea that would hurt homebuilders and reduce supply, making affordability worse.
Soitec has named Laurent Remont, a senior VP from Infineon, as its new chief executive. The move comes as the company’s share price has collapsed more than 80% under the outgoing CEO. Investors welcomed the appointment of an executive with strong semiconductor industry pedigree.
The Bulgarian expense management startup Payhawk is reportedly in discussions for a major funding round. This new capital could push its valuation to a staggering $2 billion, signaling strong investor confidence in European fintech outside of the AI hype cycle.
AI isn’t just for writing emails anymore—it’s becoming a primary shopping companion. Data from Adobe and Salesforce suggests AI tools influenced hundreds of billions in holiday sales, marking a major shift in consumer behavior.
Nvidia CEO Jensen Huang says he’s “perfectly fine” with a proposed California tax on billionaires, a levy that could cost him nearly $8 billion. He argues that Silicon Valley’s talent pool, not tax policy, is what keeps companies like his anchored there.
Lux Capital has secured $1.5 billion for its ninth fund, the largest in its history. The firm plans to back startups in national security, AI, and new science. This comes amid a major push for tech in U.S. defense and infrastructure.
A consortium’s A$13.2 billion buyout offer for BlueScope Steel is facing immediate pushback from key shareholders. They argue the A$30 per share price undervalues the company, setting the stage for a potential price hike.
A California state senator has introduced a bill to ban AI chatbot toys for children for four years. The move follows alarming reports of unsafe interactions and aims to give safety regulators time to catch up with the technology.
Africa’s largest fintech, Flutterwave, has acquired Nigerian open banking startup Mono. The deal, valued between $25 and $40 million, is a strategic move to integrate payments with financial data, reshaping the continent’s digital finance infrastructure.
