Jensen Huang Must Resign

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• CoreWeave turns to customer prepayments, shorter contracts to fund AI growth

  Confronted with surging interest expenses and expensive bond yields, the cloud provider is revamping how it finances massive computing buildouts. By tapping customer deposits and contract-backed credit, the company aims to sidestep costly public debt while supporting a massive order pipeline. This tactical pivot trades the stability of multi-year commitments for rapid cash flow and superior short-term margins.

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• Poundland owner extracted millions when chain was on ‘knife-edge’, MPs say

  The discount retailer is seeking urgent High Court protection to prevent an immediate collapse that threatens 12,000 jobs across 600 stores. Parliamentary scrutiny has intensified amid allegations that the chain's private equity backer prioritized debt recovery and restricted operational funds during critical trading windows. Without an agreed takeover, the company faces potential administration or a lucrative asset breakup.

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• Polymarket cuts staff as part of company restructuring

  Leadership at the prediction market platform initiated an internal reorganization to adjust the firm's operational structure. The move resulted in reductions across the company's existing workforce. Further specifics regarding affected departments and long-term targets remain limited under the current corporate transition.

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