Skip to main content

Learn the system underneath the story

Morning Byte News

Friday, September 25, 2026
Sep 25 · closedPast monthTodayLevelDow+0.9%51,829Nasdaq+0.5%27,069S&P 500+0.5%7,743Bitcoin−0.4%$84,05110-yr Treasuryin points+0.025.18%

Coming up

  1. Oct 2Jobs reportIs my job safe?
  2. Oct 14CPI reportWhat will things cost?
  3. Oct 28Fed rate decisionWhat will borrowing cost?
  4. Nov 6Jobs reportIs my job safe?
  5. Nov 10CPI reportWhat will things cost?
  6. Dec 4Jobs reportIs my job safe?

The read: A quiet climb today for stocks. The month is mixed across the indexes; Bitcoin has been climbing this month.

Industry · Fake job ads

Fake recruiters are hijacking verified LinkedIn accounts, and a laid-off job seeker is catching them

Jay Jones lost his advertising job in late 2023 and says he has since helped get nearly 60,000 fake job ads taken down, most of them on LinkedIn.

LinkedIn's headquarters in Sunnyvale in daylight, graded blue and darkened slightly: a curved glass office building among tall trees, with LinkedIn's tall blue in logo sign standing in a planted bed at the lower left. Across the top, in large white type with a dark glow around the letters: Scammers hijack verified LinkedIn accounts. Below it at the left, in dark letters on bright cyan bars: A job seeker keeps reporting them. Under that, small white capitals read LAID-OFF COPYWRITER, FAKE-JOB HUNTER, just above the sign. At the right, a tall portrait panel in a thin cream frame shows the head and shoulders of a smiling person with a full beard, in a dark jacket, collared shirt and patterned tie, toned in navy and cream against a dark navy background. Under the panel, two small credit lines read PHOTOGRAPH: LPS.1, WIKIMEDIA COMMONS and PORTRAIT: THE PROFILER (THEPROFILER.ORG).

Sep 25 · 5 min read · Morning Byte · by Keith Andrade

The three takeaways

  1. Laid-off copywriter Jay Jones says he helped remove nearly sixty thousand fake job ads.

  2. Scammers hijack idle, verified accounts on the job site LinkedIn to pose as recruiters.

  3. LinkedIn's trust vice president says verification does not guarantee a real profile or job.

Morning Byte · weekly digest

Join the readers who swear by it.

The weekly email is paused. Join now to receive it when delivery resumes.

Google sign-in is the whole signup. Your address stays private.

Industry

Technology and work

Market

Companies, jobs, and money

Policy

Rules shaping what happens next
industry

Cisco's record year ships with another twelve months of restructuring

August 14, 2026 · 3 min read

A man in a light blue blazer and chinos walks a keynote stage in front of a large blue-lit audience, a presenter's clicker in one hand. A dense cloud of blue particles streams from his hand and sweeps away to the left, narrowing to a single bright point at a stack of black equipment cases, from which one thin red line continues off to the right. Crew in black stand in the wings.
An apprentice in a high-visibility vest and hard hat and an older tradesman in sunglasses work together to fit a blue conduit into a steel manifold in a sunlit outdoor training yard. A glowing blue line runs through the joint they are making and continues along the row of workstations behind them, where more crews work in pairs. A site trailer and a United States flag stand at the back.
industry

Meta's free trades school now runs through the building unions, with a credential you keep

August 14, 2026 · 3 min read
Two men in white hard hats walk a muddy site road at dusk beside a long row of tarpaulin-wrapped equipment on pallets. One, in a high-visibility jacket, holds a clipboard and points ahead. Two lines of light run along the row towards a half-built data hall lit in the distance: a warm yellow one holding level and a blue one curving sharply upward. Pine forest and a substation stand behind.
market

Nebius's cash surge is customers paying ahead, not profit

August 14, 2026 · 3 min read
A woman in medical scrubs and a fleece fills a silver minivan at a service station at dusk, a receipt in her free hand, looking down at the nozzle. A child sleeps in a car seat inside the van. A tote of groceries and a takeaway coffee cup sit on the wet ground beside the car, and a thin thread of light runs along the pavement between them and the pump.
policy

Inflation cooled to 3.4 percent, but gas still costs 24.6 percent more than last summer

August 14, 2026 · 3 min read
A technician in a white cleanroom suit and safety glasses holds a violet silicon wafer up to the light, beside a tall silver fabrication machine carrying Sony and TSMC nameplates. A blue wireframe of a robotic production line extends to the right.
industry

Sony's new $4.7 billion chip plant still needs money nobody has promised

August 14, 2026 · 3 min read
A woman in a dark blazer with a lanyard sits at a table by a window, a red pencil in her hand, lifting the corner of a printed document. Beneath the raised page a dense blue grid of glowing points is revealed, as though embedded in the paper itself. Outside, European Union flags fly in front of the Berlaymont building at sunrise. A colleague works at a desk behind her.
policy

AI writing now carries a watermark, but it can't prove who did the thinking

August 13, 2026 · 3 min read
A white electric air taxi with multiple wing-mounted rotors stands on wet tarmac at blue hour, its passenger door open and the cabin lit from within. The four tan seats inside are still sealed in factory plastic. Two men stand at the doorway inspecting the empty cabin, one in a high-visibility vest holding a folder.
industry

Three air taxi companies near final FAA approval, but no one can book a seat yet

August 14, 2026 · 3 min read
Seen from a walkway above, a technician in a full white cleanroom suit and mask loads an amber wafer carrier onto the tray of a tall processing tool. Below and beyond, a semiconductor fab floor runs away into the distance, lined with machines and an overhead track carrying more amber carriers, lit in blue and gold.
market

The AI boom runs on shortages, and one forecast says the test comes in 2029

August 14, 2026 · 3 min read
Two men in black sit together on a couch in a softly lit office lounge. One points at a page in a thick ring binder of printed documents open on the low table; the other works on a laptop whose lid carries the Harvey wordmark. Behind them, lit shelving holds a vintage typewriter and other antique office machines.
industry

Legal AI startup Harvey seeks $500 million at 44 times its yearly revenue

August 14, 2026 · 3 min read
Two men walk through the shallow water of an irrigation channel between long rows of lettuce at dawn. An older grower in a canvas jacket and cap talks with his hands open to a younger man in a dark jacket marked sweetgreen. Behind them a harvest crew loads crates onto a rig under work lights, with low hills and a pink sky beyond.
industry

Sweetgreen cut its sales forecast over an iceberg lettuce it never buys

August 14, 2026 · 3 min read
Two men in hard hats step down from an excavator onto a floodlit construction site at night, mud underfoot and rain on their jackets. The man in front, in a high-visibility jacket, carries a rolled drawing whose edge trails a thin line of light down onto the ground, tracing the outline of timber foundation forms already staked across the site. A small United States flag stands at one of them. An electrical substation and a storage tank are lit in the distance.
industry

SoftBank spent ¥969 billion on U.S. power and data centers, two-thirds paid in advance

August 14, 2026 · 3 min read
Three men in white safety vests stand on a factory floor beside a robotic press. Two wear vests marked SEQUOIA; the third, in work gloves, points toward the machine as it lifts a curved sheet of metal. A bin of steel offcuts fills the foreground and workers stand behind a safety cage in the background.
industry

Sequoia commits $10 billion to AI and rebuilding physical industry, its largest bet ever

August 14, 2026 · 3 min read
Three young trainees in hard hats with headlamps work at separate stations in an underground mine training gallery: one sighting through a surveying instrument on a yellow tripod, one examining a lit core sample laid along a bench, and one crouched wiring a control box. An instructor watches from the shadows at the left, with rough rock walls and caged equipment behind them.
policy

Washington put $180 million into mining schools and named only three of them

August 14, 2026 · 3 min read