Roughly 165 developers at id Software have formed a wall-to-wall union with the Communications Workers of America. This move is a direct response to industry instability and recent mass layoffs at Microsoft.
The tech job market has become intensely competitive, with layoffs soaring and hundreds of applicants vying for each role. Professionals are sharing stories of year-long searches, depleted savings, and the need to look beyond Big Tech to survive.
Salesforce is standardizing on seat-based pricing for its AI agents, moving away from per-conversation models. This offers customers cost predictability but comes with embedded usage limits, as vendors balance profit with customer value in a market forecast to hit $450 billion by 2035.
Apple has lost its appeal of a major contempt ruling in the Epic Games antitrust battle. The court upheld findings that Apple failed to comply with a 2021 order but said the company can still charge fees for external purchases.
AT&T is taking another swing at the smart home after shutting down its old Digital Life service. Its new Connected Life platform, built with Google and Abode, starts at $11 per month. The big question is whether being an AT&T customer is enough of a draw.
Oracle’s stock plunged 14.5% despite beating profit expectations, as investors balked at its huge spending plans for AI infrastructure. The sell-off weighed heavily on the S&P 500 and even dragged down AI leader Nvidia.
OpenAI just made a huge power move, hiring Slack CEO Denise Dresser as its first-ever Chief Revenue Officer. She faces a monumental task: generating enough cash to cover a $2.5 billion burn rate and $1.4 trillion in planned AI infrastructure spending. The AI wars just got a lot more serious.
Cursor’s CEO says the AI coding company is focused on building, not going public, despite massive growth. The firm automates 80% of its own internal support and is experimenting with AI for company-wide communication.
Oracle’s much-hyped AI infrastructure demand wasn’t enough to save its quarterly results. The company missed revenue expectations, sending its shares tumbling and taking other major AI players down with it in premarket trading.
Europe’s tech scene is exploding beyond traditional hubs, powered by deep tech in AI, quantum, and biotech. The latest Midas List highlights the VCs who spotted these trends early, fueling a potential $1 trillion economic engine.
