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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.

The Latest

Microsoft's Redmond campus plaza in sharp daylight, graded blue: glass and timber office blocks around a courtyard where a young tree stands and a few people walk and sit at tables. At the upper left, bold white capitals read RUNS MICROSOFT'S DIGITAL CRIMES UNIT above a thin cyan rule. Below it, in large white type: Criminals rented an AI to read stolen email. The last words, in dark letters on bright cyan bars, read Microsoft took it to court. At the right, a tall portrait panel in a thin cream frame shows the head and shoulders of a smiling person with short dark hair and rectangular glasses, in a pale open-collar shirt, toned in navy and cream against a dark navy background. Under the panel, two small credit lines read PHOTOGRAPH: MICROSOFT, MORNING BYTE and PORTRAIT: INSTITUTE FOR SECURITY AND TECHNOLOGY.
September 23, 2026

Microsoft disrupted a $500-a-month service whose AI read stolen inboxes and recommended targets

September 9, 2026

New York City paused classroom AI through eighth grade and changed how it buys software

September 22, 2026

Microsoft measured its chatbot giving news sites a fraction of Bing's click rate

September 18, 2026

The Fed raised rates into an economy it calls solid

September 16, 2026

Nvidia sells Anthropic chips, and it may be first to buy Anthropic's stock

September 15, 2026

Trump says cheaper beef is coming from Brazil, whose meat Europe just banned

More news

  1. September 11, 2026

    Tesla vouched for its own robotaxi, and federal regulators are now checking

  2. August 28, 2026

    Rival AI companies signed one warning: AI cyberattacks get far more widespread within months

  3. August 27, 2026

    Google wants a bankrupt airline's employee files, and stripping the names may not protect the workers

  4. August 20, 2026

    A gold miner pulled less metal out of the ground and made its biggest profit ever

  5. August 19, 2026

    A personalized cancer shot beat the standard melanoma treatment, and no one will say by how much

  6. August 17, 2026

    Groq raised $350 million at half the value it carried last September

  7. August 15, 2026

    Hiring is down 24 percent, but judgment jobs are holding their value

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Industry

Technology and work
Microsoft's Redmond campus plaza in sharp daylight, graded blue: glass and timber office blocks around a courtyard where a young tree stands and a few people walk and sit at tables. At the upper left, bold white capitals read RUNS MICROSOFT'S DIGITAL CRIMES UNIT above a thin cyan rule. Below it, in large white type: Criminals rented an AI to read stolen email. The last words, in dark letters on bright cyan bars, read Microsoft took it to court. At the right, a tall portrait panel in a thin cream frame shows the head and shoulders of a smiling person with short dark hair and rectangular glasses, in a pale open-collar shirt, toned in navy and cream against a dark navy background. Under the panel, two small credit lines read PHOTOGRAPH: MICROSOFT, MORNING BYTE and PORTRAIT: INSTITUTE FOR SECURITY AND TECHNOLOGY.

Microsoft disrupted a $500-a-month service whose AI read stolen inboxes and recommended targets

September 23, 2026 · 5 min read

A photo inside a Kroger store's produce section. An illustrated screen marked Sponsored reads Brands pay to reach you, and a receipt hanging from it reads What you buy helps aim the ads. Words below say you're the customer, and the audience.

Kroger's store sales barely grew, but profit from its ad business rose 24%

September 14, 2026 · 4 min read

A large Salesforce app window over the San Francisco skyline at dusk, Salesforce Tower standing at left, reading Its own screens, optional, with an In Pilot tag. Below it a Claude prompt box is typed Update my pipeline, and on the right a dark slab reads A public test, expected September.

Salesforce is making its own screens optional: the sales work moves inside Claude

August 28, 2026 · 4 min read

Market

Companies, jobs, and money
Portraits of Jensen Huang, labelled Nvidia, and Dario Amodei, labelled Anthropic, side by side with a blue arrow between them, over a dark blue photograph of NVIDIA H100 computer chips racked in a server. A navy card reads: Nvidia wants to buy a piece of its own customer. Beneath it in blue: Last year it pledged up to 10 billion dollars. The same day, Anthropic committed 30 billion dollars to computing that runs on Nvidia chips. A line along the bottom reads: Reuters reports talks, nothing is agreed, neither man is quoted. Photo credits: NVIDIA newsroom for Huang; UK Prime Minister's Office, CC BY 2.0, for Amodei; Geekerwan / Wikimedia Commons, CC BY 3.0, for the chips.

Nvidia sells Anthropic chips, and it may be first to buy Anthropic's stock

September 16, 2026 · 4 min read

Four different autonomous machines stand lit on ground power in a dark hangar: a passenger-sized road vehicle with a roof sensor dome, a fixed-wing aircraft, a rotor aircraft, and an uncrewed boat hull on a wheeled cradle. Rows of unpowered hardware recede into darkness behind them.

Investors put $47.4 billion into physical AI, and four deals took half of it

August 18, 2026 · 3 min read

A composite editorial graphic. At left, a halftone portrait of Nvidia's Jensen Huang in a leather jacket, framed like a poster. Across the top the NVIDIA wordmark sits above the line GUARANTEES THE RENT ON THIS. At centre a cream document card carries the OpenAI logo, three blank ruled lines, and a signature beneath the words Guaranteed by. Behind them a photograph shows an unfinished steel-frame building on a cleared lot at dusk, a blue crane boom angled up toward it and power pylons on the horizon. Along the bottom edge: PORTSMOUTH SITE, PIKE COUNTY, OHIO, OPENS 2028, and MORNING BYTE.

Nvidia will cover OpenAI's Ohio rent, up to $105 billion, if OpenAI cannot pay

August 18, 2026 · 4 min read

Policy

Rules shaping what happens next
A New York City public school in cobalt light, its brick facade and covered entrance walkway behind a magnified school purchase order that reads CLASSROOM AI, ON HOLD, stamped in red EVERY TOOL MUST BE NECESSARY TO LEARNING. A line at lower right reads A coalition recommends what comes back.

New York City paused classroom AI through eighth grade and changed how it buys software

September 9, 2026 · 5 min read

The New York Times building at night, its lit floors rising behind the newspaper's blackletter masthead on the facade, with people and taxis crossing the street below. The top of the picture is darkened so type can sit on it. A small credit line at the top reads PHOTOGRAPH: JLEON, CC BY-SA 3.0, FILING 25-MD-3143, MORNING BYTE. Below it, large white type reads: Microsoft measured what its AI did to news. Then called it, and on a bright cyan bar in dark letters, a doom loop. In the lower right, close to the camera and much larger than the people behind him, a smiling bald man is cut out of a photograph and rendered in cool blue and white monochrome: his whole head and his shoulders in a checked shirt, resting on the bottom of the frame with room above his head, the edges of his shoulders fading into the street. To his left, right-aligned in small capitals, MICROSOFT'S DIRECTOR OF APPLIED SCIENCE.

Microsoft measured its chatbot giving news sites a fraction of Bing's click rate

September 22, 2026 · 5 min read

The Federal Reserve's headquarters in Washington, two flags flying from its mast above a long marble colonnade: the Stars and Stripes above, and the Federal Reserve's own navy and gold flag below. Three panels sit over the building. A cream card reads THE NEW FED RATE and, in large figures, 3.75% to 4%. Below it a dark panel reads RAISED FOR INFLATION, NOT FOR A WEAK ECONOMY. At the bottom right a studio portrait of a smiling person in a dark suit is labelled KEVIN WARSH, FED CHAIRMAN, next to the words Warsh set the bar. The Fed says it wasn't met. A small credit line reads PHOTOGRAPH: FEDERAL RESERVE, THE ECCLES BUILDING, WASHINGTON, PORTRAIT: FEDERAL RESERVE, and RATE CARD IS ILLUSTRATIVE, MORNING BYTE.

The Fed raised rates into an economy it calls solid

September 18, 2026 · 5 min read

August 14, 2026

LinkedIn readers can now flag your post as AI slop, and flagged posts lose reach

August 14, 2026

Grok 4.6 ties for third best, and the real price hides past 200,000 tokens

Two researchers sit at a plain table on a mezzanine, heads together over a tablet showing a document, laptops and a red notebook beside them. Through the full-height glass wall behind them a crowd fills the sunlit plaza below, and as it recedes the figures resolve into repeating copies of the same few people, arranged in a grid.

Harvard and MIT gave away 8.3 billion fake customers, and companies will test on them

August 14, 2026 · 3 min read

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