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Alibaba's shares jumped 19% in Hong Kong on Monday, following strong quarterly results from its cloud computing unit and reports of its new AI chip on Friday (Arjun Kharpal/CNBC)
https://www.cnbc.com/2025/09/01/alibaba-shares-hong-kong-today.html

Alibaba shares jump 19% on cloud unit acceleration, report of new AI chip
Alibaba's Hong Kong-listed shares jumped 19% on strong results at its cloud computing division driven by its AI investments.

Chipmaker Cerebras Systems raised a $1.1B Series G from Fidelity, Trump Jr.'s 1789 Capital, and others at an $8.1B post-money valuation ahead of its planned IPO (Rebecca Szkutak/TechCrunch)
https://techcrunch.com/2025/09/30/a-year-…

A year after filing to IPO, still-private Cerebras Systems raises $1.1B | TechCrunch
Cerebras initially filed to go public in September 2024 but ran into several regulatory delays due to foreign investments.

Filing: Klarna and some shareholders are selling 34.3M shares for $35 to $37 each, aiming to raise up to $1.27B and giving it an up to ~$14B market cap (Matthew Griffin/Bloomberg)
https://www.bloomberg.com/news/articles/2025-09…

A profile of Silver Lake co-CEO Egon Durban, who brokered the EA takeover with Jared Kushner, following the PE firm's high-stakes deals from TikTok to Altera (Financial Times)

Anduril conducts the first flight of its jet-powered unmanned drone, flying it "semi-autonomously", as the US Air Force plans swarms of unmanned jet drones (David Jeans/Reuters)
https://www.reuters.com/business/aerospace

SEC filing: Snowflake says an executive shared unauthorized financial guidance with an Instagram influencer; an Oct. 26 video interview features CRO Mike Gannon (Alice Tecotzky/Business Insider)
https://www.businessinsider.com/influencer-inte…

An influencer's interview with Snowflake's CRO triggered an 8K filing
Mike Gannon said that Snowflake will end the year with just over $4.5 billion in revenue and that "we're getting to $10 billion in a couple of years."

An inside look at how Netflix's use of data led to generic "algorithm films" intended for broad appeal, with AI set to further entrench the production style (Phil Hoad/The Guardian)
https://www.theguardian.com/media/20…

DHS Secretary Kristi Noem fires 24 FEMA IT staffers, including the CIO and CISO; DHS says they failed security protocols and let hackers access FEMA networks (David DiMolfetta/Nextgov/FCW)
https://www.nextgov.com/people/2025/08/noe

Noem terminates 24 FEMA workers for failing to address cyber vulnerabilities
An internal FEMA email obtained by Nextgov/FCW ordered all agency employees to change their passwords “due to recent cybersecurity incidents and threats.”

Spotify says founder Daniel Ek will become Executive Chairman effective January 1, 2026, replaced by CPTO Gustav Söderström and CBO Alex Norström as co-CEOs (Spotify)
https://newsroom.spotify.com/2025-09-30/spotify-announcement-daniel-ek-executive-c…

Spotify Announces Leadership Evolution: Daniel Ek to Become Executive Chairman, Alex Norström and Gustav Söderström to Become Co-CEOs in January 2026 — Spotify
The following press release went live on Business Wire earlier today. You can also find more detail here in Founder & CEO Daniel Ek’s letter to employees. Stockholm and New York — 30 September, 2025 Today, Spotify (NYSE: SPOT) announced that Founder and Chief Executive Officer Daniel Ek will transition to the role of Executive...

Imgur blocks UK access after the ICO notified it of a possible fine over its handling of kids' data; the ICO calls Imgur's move a "commercial decision" (Ram Iyer/TechCrunch)
https://techcrunch.com/2025/09/30/imgur-pulls-out-of-uk…

Imgur pulls out of UK after data regulator warns of fines | TechCrunch
Imgur, one of the web's most popular image sharing and hosting platforms, has shut off access to its site in the U.K., following a notice of a fine by the country's data protection watchdog.