Tech giants borrowing heavily to fund AI infrastructure are competing with governments for investor capital, pushing bond yields to multi-decade highs and raising borrowing costs for consumers and businesses alike.

Uber announced it will lay off approximately 10% of its corporate workforce, eliminating around 3,300 positions focused on management and coordination roles, while also requiring most employees to return to the office at least three days per week.

The insurance company says it didn’t make ‘The Mission at Corgi.’ An investor said he got a copy at Corgi’s office.

Global bond yields are climbing sharply as macroeconomic fears intensify, with the U.S. 10‑year Treasury hitting its highest level since 2025 and similar spikes seen across the UK, Germany and Japan. The sell‑off is spilling into mortgage rates and equities, while investors weigh the prospect of further Fed rate hikes.

Meta is shifting its workforce from Google Chat to Slack, citing Slack’s suitability for AI agents and the resulting benefits for Salesforce amid growing AI integration in workplace communication.

The federal government seized Anthropic shares from Sam Bankman-Fried’s associates, and as the AI company approaches a potential record-breaking IPO, questions arise about whether victims of the $11 billion fraud will ever see compensation from these billions in assets.