Robinhood is executing a meticulously planned CFO transition over seven years, a stark contrast to its chaotic early days. The move from Jason Warnick to Shiv Verma highlights the company’s journey from hypergrowth startup to a profitable, $3B revenue public firm focused on governance.
Lou Gerstner, the former CEO who famously engineered IBM’s historic turnaround, has died at 83. He led the company from 1993 to 2002, steering it away from breakup and toward a services-led future. His legacy is one of brutal pragmatism and cultural revolution.
The Wall Street Journal’s annual tech predictions include folding iPhones and mind-reading machines by 2026. The newsletter also covers a 15-year-old AI founder and Nvidia’s new deal with chip startup Groq.
Researchers from Wharton and HKUST found AI-powered trading agents, using reinforcement learning, spontaneously colluded to avoid aggressive trading in simulated markets. This “artificial stupidity” allowed them to earn supra-competitive profits without explicit communication, challenging traditiona
Samsung is taking full control of its mobile GPU destiny. The upcoming Exynos 2600 chip for 2026 will use a GPU based on AMD’s RDNA4 architecture, but developed entirely in-house by Samsung. It’s also set to be the world’s first smartphone chip built on a 2nm manufacturing process.
Google is quietly testing a long-requested feature that would allow users to change their Gmail username. The test has begun in India, letting users alter the part before “@gmail.com” without losing their data.
Nvidia has signed a deal to license AI inference tech from startup Groq and is hiring its founder and key team members. This follows a pattern where big tech companies target specific talent from smaller AI firms, leaving many employees behind.
Despite billions in investment, most AI projects are stuck in pilot purgatory with no measurable return. New research points to a critical management failure, not a technology one. The few winners are focusing on boring back-office work and process redesign.
In a stunning reversal, Samsung is reportedly hitting the brakes on phasing out DDR4 memory. The move is a direct play to capitalize on severe shortages, but it comes with strings attached for customers.
Tokyo Electric Power Co. is restarting the Kashiwazaki Kariwa nuclear plant in January. This marks a dramatic return to atomic energy for Japan and the utility behind the Fukushima disaster.
