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OpenAI’s London staff averaged £2.3m each in 2025, Guardian reports

OpenAI’s 110 staff in London received an average of about £2.3m each in 2025, counting salaries and shares. The figures come from the accounts of OpenAI UK Ltd, as Robert Booth reported for The Guardian. The staff shared £87m in salaries and £168m in shares, the Guardian said. TNW has not independently verified the figures. […]

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Elon Musk settles lawsuits over $1 million voter giveaway

In 2024, Elon Musk promised to give away $1 million a day to a randomly selected registered voter in a swing state. That prompted legal challenges, raised questions about its legality, and drew lawsuits from two Arizona residents claiming the lottery was a fraud. Musk has now agreed to settle the two lawsuits filed in […]

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Berkshire Hathaway puts another $330m into Bending Spoons

Berkshire Hathaway is buying 10 million new Bending Spoons shares at $33 each. The Milan-based company announced the deal on 14 October. The $330m private placement adds to the $600m Berkshire invested at Bending Spoons’ Nasdaq listing in July. The two investments give Berkshire a 4% stake, Bending Spoons said. Its businesses include AOL, Vimeo, […]

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Anduril opens a $1.3bn employee tender at a $90bn valuation

Anduril is letting current and former employees sell shares in a tender offer that values the defence tech company at about $90bn. The shares are priced at $94.80 each, and the offer is capped at about $1.3bn, according to Bloomberg’s sources. Rebecca Torrence, Edward Ludlow, Natasha Mascarenhas and Katrina Manson first reported the tender for […]

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Eight US states sue OpenAI, alleging ChatGPT harms children

Attorneys general in Arizona, Arkansas, Idaho, Iowa, Kansas, Montana, Nebraska and West Virginia filed separate lawsuits against OpenAI on 14 October. Each claims ChatGPT has hurt young users and that the company misled the public about its safety. Reuters, which first reported the suits, called them the most significant coordinated state action yet against an […]

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Ukraine’s drones still lose Starshield above 161 km/h, Zelenskyy says

“We lose Starlink and lose the interceptor,” Ukrainian President Volodymyr Zelenskyy told reporters on 17 October, Bloomberg reported. Zelenskyy said speed limits on Starshield, SpaceX’s military satellite network, remained in place across Ukraine. Ukraine’s interceptor drones lose the link above 161 km/h (100 mph), he said in audio messages on WhatsApp. The Russian jet-powered drones […]

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Meta removes language that may have allowed it to scrape news sites

After backlash, Meta is updating its terms again to remove language that suggested it could scrape content from sites, including news sites, to train its AI. Specifically, the following language no longer appears on the commercial terms page: … Meta may use any content from such domains, web pages, or URLs to provide, develop, improve, […]

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Pikmin 4 is $20 off ahead of its $10 Nintendo Switch 2 update

If you’re wondering what video game to play this weekend, my colleague Sheena Vasani spotted a discounted Nintendo Switch title with instant digital delivery. Walmart has the digital version of Pikmin 4 for Switch discounted to $39.88, just over $20 lower than its usual price. This version of the game follows the same puzzle formula […]

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