Monzo’s CEO Was Pushed Out Over IPO Fight, Report Says
A new report claims Monzo’s CEO transition wasn’t as smooth as presented. The board reportedly asked TS Anil to leave over clashes about the pace of going public and his future plans.
A new report claims Monzo’s CEO transition wasn’t as smooth as presented. The board reportedly asked TS Anil to leave over clashes about the pace of going public and his future plans.
In a major move for open-source GPU computing, the ZLUDA project has added support for AMD’s ROCm 7 platform. This allows unmodified CUDA applications to run on AMD Radeon and Instinct hardware. Meanwhile, AMD continues to develop key GPU virtualization features for the Linux kernel.
Adobe is rolling out a major update to its Firefly AI app, adding a text-based video editor and new third-party models. The update, first announced in a private beta in October, is now available to all users.
In a podcast interview, venture capital legend Ben Horowitz detailed the common leadership pitfalls he’s seen across 1,000+ portfolio companies. His advice centers on communication, confidence, and culture. Avoiding these mistakes can be the difference between success and failure.
SoftBank is considering a massive acquisition to fuel its AI ambitions. The Japanese giant is in talks to buy data center operator Switch, which is seeking about $50 billion. This follows SoftBank’s heavy investment in OpenAI and its Stargate project.
Students at Washington University in St. Louis protested to uncover the true cost of a massive Workday implementation. The final price tag? Nearly $266 million over seven years. This follows a pattern of costly and troubled rollouts of the enterprise software at other major institutions.
Disney is licensing characters to OpenAI, sparking union fears. Apple may be planning a huge run of folding iPhones. Plus, the EU scraps its 2035 combustion engine ban and police warn of a robot uprising.
Jensen Huang, the CEO of Nvidia, is the FT’s Person of the Year for 2025. His company’s AI chips are at the center of a global economic transformation, and a surprise call from Donald Trump highlights his new political influence.
Masayoshi Son’s SoftBank is on the hunt for AI infrastructure deals. The latest target appears to be data center giant Switch and its private equity backer, DigitalBridge Group.
The legal battle between Apple and Epic Games takes another turn. An appeals court says Apple can charge commissions on outside payments, but only if Epic agrees to the rate first. The fight over App Store control is far from over.