EU Awards €180M Sovereign Cloud: SEAL-3 Blocks US CLOUD Act
EU awarded €180M to 4 cloud providers on April 17, 2026. SEAL framework (0-4 scale) defines sovereignty. OVHcloud, STACKIT, Scaleway reached SEAL-3; S3NS/Google ...
Snap Cuts 1,000 Jobs Citing “AI Efficiency”: New Code for Layoffs
Snap announced on April 15, 2026, that it’s cutting 1,000 jobs—16% of its workforce—citing “rapid ...
Intel Buys Back $14.2B Fab 34 Stake, Stock Jumps 9%
Intel bought back full control of its Ireland Fab 34 manufacturing facility for $14.2 billion ...
Allbirds’ AI Pivot: Stock Soars 582%, Then Crashes Hard
Allbirds, the failed sustainable shoe company, announced on April 15 that it’s ditching footwear to ...
Claude Design Tanks Figma Stock 7% Day After Launch
Anthropic launched Claude Design yesterday—an AI tool that creates prototypes, slides, and mockups from text ...
Amazon Buys Globalstar $11.57B: Apple Satellite Deal
Amazon announced on April 14 it’s acquiring satellite operator Globalstar for $11.57 billion—its largest acquisition since Whole Foods in 2017—while simultaneously striking a ...
AI Coding Tools Hit $4.5B: Revenue vs Developer Love
The AI coding tools market just crossed a critical threshold in Q1 2026. Cursor hit ...
France Ditches Windows for Linux in Sovereignty Push
France’s Interministerial Digital Directorate (DINUM) announced April 8, 2026 that it is migrating 2.6 million ...
Tech Layoffs 2026: AI Eliminates 48%, 80K Jobs Cut in Q1
The tech industry eliminated 80,000 jobs in Q1 2026, with 47.9% of those positions cut ...
AI ROI Reality: 20% of Companies Capture 74% of Gains
PwC released its 2026 AI Performance Study yesterday, surveying 1,217 senior executives across 25 sectors, ...