Nintendo is facing new labor complaints alleging violations of the National Labor Relations Act. The charges, filed in December and January, come just a few years after the company settled a previous union-busting case for $26,000.
The Sifted Podcast team is looking ahead at the European startup scene. Their big question: will 2026 be the year the AI hype finally deflates? They also dive into sovereign tech and political ambitions.
Tailwind CSS, the popular web developer tool, has laid off 75% of its engineering team. CEO Adam Wathan says AI has crushed traffic to its documentation, leading to an 80% revenue drop and forcing drastic cuts to survive.
China is formally reviewing Meta’s $2.5 billion acquisition of AI startup Manus, a move seen as a warning to other founders. The review highlights Beijing’s growing concern over losing strategic AI talent and technology to American rivals.
Nvidia CEO Jensen Huang says a proposed California tax that could cost him $8 billion “never crossed my mind once.” But other billionaires, like Larry Page and Peter Thiel, are already making moves to leave the state.
The age of a billion-dollar startup founder is dropping fast, thanks to AI. A new report from VC firm Antler shows the average age for AI unicorn founders fell from 40 in 2020 to just 29 in 2024. This is compressing the timeline to a $1B valuation to under 5 years.
Researchers are deploying ultra-sensitive quantum detectors in the hunt for dark matter, which makes up 27% of the universe. The technology can pick up a signal that might only happen once every ten years.
At CES, SwitchBot announced the Onero H1, a flexible-armed robot for household chores, and the AI MindClip, a subscription-based voice recorder. The company is pushing beyond simple smart home gadgets into more complex, AI-driven automation. But can it deliver?
UnitedHealth’s Optum UK business, a major supplier of electronic patient record systems to British GPs, could soon be sold. Sky News reports TPG is in advanced talks for a deal worth up to £1.4 billion. This comes just two years after UnitedHealth bought the unit, then known as EMIS, for £1.24 billi
The exit landscape for 2026 is taking shape. According to Fortune’s survey of investors, expect a strong start for IPOs that may fade, massive AI-driven M&A, and a record-breaking secondary market as companies stay private longer.
