Tech Industry
Getty Images files for Chapter 11 in $533M take-private deal
Getty Images will go private through a prepackaged Chapter 11, backed by up to $533 million from the Getty family and Koch Equity Development.
Tech Industry - Page 4
Funding, policy, and company moves that affect developers.
Tech Industry
OpenAI engineer charged over hidden recording device
An OpenAI engineer was charged after a recording device was found hidden behind a TV in an executive conference room. OpenAI says no model weights were taken.
Tech Industry
Facebook's Your Algorithm lets you describe your feed
Meta launched Your Algorithm on Facebook on October 13: users describe in their own words what they want more or less of in Feed and Reels.
Tech Industry
Bumble agrees to $1.3B sale to Ithaca, going private
Bumble agreed on October 13 to be bought by Ithaca Holdings for $1.3 billion in cash, or $6.05 a share, after years of falling users and revenue.
Tech Industry
Kospi drops 5.46% as SK hynix falls 10% on chip fears
South Korea's Kospi fell 5.46% to 6,035.35 on October 13 as SK hynix dropped 10.09% and Samsung 7.39%, after foreign investors sold memory chip stocks.
Tech Industry
OpenAI revenue near $50B, $20B below earlier reports
OpenAI told investors its annualized revenue neared $50 billion at the end of September, about $20 billion below the figure reported weeks earlier.
Tech Industry
CXMT 4F² DRAM progress knocks Samsung and SK Hynix shares
China's CXMT says it made progress on a smaller 4F² DRAM cell and plans DDR5 server memory by end-2026. Samsung fell 3.6% and SK Hynix 3.4% on October 12.
Tech Industry
Japan steps up cyber warnings after 20+ company breaches
Japan told companies and banks to tighten security on October 9, 2026 after 20+ firms reported attacks. Times Car alone leaked about 6.6 million accounts.
Tech Industry
Cyberattack warms fridges at hundreds of French stores
A cyberattack on October 11-12, 2026 changed Danfoss controller settings and warmed fridges in hundreds of French supermarkets. Stores threw food away.
Tech Industry
Waymo closes $5 billion loan, its first debt financing
Waymo closed a $5 billion term loan on October 8, its first debt deal, led by PIMCO, Blackstone and Sixth Street, to expand its robotaxi service abroad.
Tech Industry
Firmus pulls $5 billion IPO, turns to private investors
Nvidia-backed Firmus pulled its US$5 billion IPO on October 9, citing volatility. It had sought a US$30.6 billion value, triple its August round.
Tech Industry
FMCSA gives driverless trucks a 5-year beacon exemption
Driverless trucks may use cab-mounted beacons instead of roadside warning triangles until October 7, 2031, under a five-year FMCSA exemption.
Tech Industry
Tesla renames FSD to Tesla Assisted Driving in Europe
Tesla calls Full Self-Driving Tesla Assisted Driving on its European sites, after Germany called the old name misleading. The EU vote slipped to December.
Tech Industry
Yandex shuts Vladimir data center after drone attack
Yandex says an October 11 drone attack shut its Vladimir data center, the third Yandex site hit in four days. Over 80 cloud services were reportedly down.
Tech Industry
Bitwarden switches store apps to a commercial license
From its next release, Bitwarden's app store builds and website downloads will be commercially licensed. The GPLv3 source code stays public on GitHub.
Tech Industry
UK regulator Ofcom investigates Meta over Instagram Instants
Ofcom is checking whether Meta skipped required safety risk assessments before launching Instagram Instants. Fines can reach £18 million or 10% of worldwide revenue.
Tech Industry
India festive smartphone sales to fall 12% on memory costs
Counterpoint expects India's festive-season smartphone sales to fall 12% in volume but rise 5% in value, as soaring memory costs push prices up.
Tech Industry
Philippine Senate passes under-18 social media ban bill
The Philippine Senate voted 16-1 for the SMART KIDS Act, which would bar under-18s from social media. The House version sets a lower age limit of 13.
Tech Industry
Starlink India delay: Musk targets Ambani, India pushes back
Musk blamed Mukesh Ambani for Starlink's stalled India launch. India called the claim baseless and says three operators await the same security checks.
Tech Industry
Telegram Desktop bug let one click steal session files
A researcher published a proof of concept for CVE-2026-107181: one click in Telegram Desktop 7.2.8 or older could steal session files. Update to 7.2.9.
Tech Industry
Wood Mackenzie: batteries beat gas peakers in 43 markets
Four-hour batteries now cost less than open-cycle gas peakers in all 43 markets Wood Mackenzie modeled. Solar is the cheapest new power in 43 of 48.
Tech Industry
SpaceX buys 800 MHz spectrum as carrier stocks drop
SpaceX will buy Grain Management's 800 MHz spectrum for Starlink Mobile. AT&T, Verizon and T-Mobile shares fell 5% to 7% in after-hours trading on October 8.
Tech Industry
Tech firms pledge $2.4B in compute to Genesis Mission
Eleven companies pledged $2.4 billion in compute credits to the Genesis Mission on October 8. Nvidia gave $1 billion; Musk, Huang and Su got science medals.
Tech Industry
US suspends Microsoft and Adobe from green card step
Officials said on October 8 that Microsoft, Adobe and six IT services firms are suspended from PERM, the first step of employer-sponsored green cards.
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