Jordan Novet
@jordannovet.cnbc.com
Technology reporter @cnbc.com in San Francisco. [email protected]
Reposted by Jordan Novet
Scoop: Gov. Pritzker today will call for a 2-year pause in tax incentives for data centers.
"It is clear the governor recognizes these facilities are increasingly politically unpopular and should not lead to higher utilities bills for families."
www.nbcnews.com/politics/pol...
"It is clear the governor recognizes these facilities are increasingly politically unpopular and should not lead to higher utilities bills for families."
www.nbcnews.com/politics/pol...
Gov. JB Pritzker to propose suspending tax incentives for data centers in Illinois
Pritzker, seen as a potential Democratic presidential candidate, is set to call for a two-year pause on the incentives in his State of the State address Wednesday.
www.nbcnews.com
February 18, 2026 at 4:56 PM
Scoop: Gov. Pritzker today will call for a 2-year pause in tax incentives for data centers.
"It is clear the governor recognizes these facilities are increasingly politically unpopular and should not lead to higher utilities bills for families."
www.nbcnews.com/politics/pol...
"It is clear the governor recognizes these facilities are increasingly politically unpopular and should not lead to higher utilities bills for families."
www.nbcnews.com/politics/pol...
"Roughly 90% of Kalshi’s trading volume goes toward wagers on sports, while roughly half of Polymarket’s trading is tied to sports" apnews.com/article/kals...
February 18, 2026 at 6:20 PM
"Roughly 90% of Kalshi’s trading volume goes toward wagers on sports, while roughly half of Polymarket’s trading is tied to sports" apnews.com/article/kals...
"Athenahealth spent the last six months publishing 250,000 words of 'highly targeted, highly calibrated content' aimed at 'educating' the A.I. chatbots, Ms. Simpson said. The result: The company is more likely to be cited in relevant queries than it was a year ago." www.nytimes.com/2026/02/17/t...
Chatbots Are the New Influencers Brands Must Woo
www.nytimes.com
February 18, 2026 at 5:54 PM
"Athenahealth spent the last six months publishing 250,000 words of 'highly targeted, highly calibrated content' aimed at 'educating' the A.I. chatbots, Ms. Simpson said. The result: The company is more likely to be cited in relevant queries than it was a year ago." www.nytimes.com/2026/02/17/t...
post-Presidents Day sale on software stocks (YTD):
50% - Atlassian
38% - HubSpot
33% - Workday
31% - ServiceNow
31% - Salesforce
50% - Atlassian
38% - HubSpot
33% - Workday
31% - ServiceNow
31% - Salesforce
February 17, 2026 at 8:00 PM
post-Presidents Day sale on software stocks (YTD):
50% - Atlassian
38% - HubSpot
33% - Workday
31% - ServiceNow
31% - Salesforce
50% - Atlassian
38% - HubSpot
33% - Workday
31% - ServiceNow
31% - Salesforce
you wonder if public software companies will provide early assurance that results should be in line with guidance www.bloomberg.com/news/article...
Private Software Companies Release Earnings Early to Calm AI Nerves
A handful of software firms including McAfee have released their earnings ahead of schedule in a bid to convince lenders of their resilience to disruption from artificial intelligence.
www.bloomberg.com
February 17, 2026 at 7:25 PM
you wonder if public software companies will provide early assurance that results should be in line with guidance www.bloomberg.com/news/article...
wrote about funding for Render, which offers cloud infrastructure that's abstracted away from the underlying servers. (it runs on Amazon and Google, and it's testing the use of its own bare metal.) the startup has gotten more inbound because of that Heroku announcement www.cnbc.com/2026/02/17/r...
Cloud startup Render raises funding at $1.5 billion valuation as AI-built apps boom
Render is one of the beneficiaries of growing competition in the cloud computing world spurred by the booming demand for artificial intelligence.
www.cnbc.com
February 17, 2026 at 5:18 PM
wrote about funding for Render, which offers cloud infrastructure that's abstracted away from the underlying servers. (it runs on Amazon and Google, and it's testing the use of its own bare metal.) the startup has gotten more inbound because of that Heroku announcement www.cnbc.com/2026/02/17/r...
"AI PC accounted for more than 30% of all Lenovo PC shipments in the first quarter, according to Yang." www.reuters.com/world/china/...
China's Lenovo warns of PC shipment pressure from memory shortage
China's Lenovo Group warned on Thursday about mounting pressure on PC shipments as a worsening memory-chip shortage grips the industry.
www.reuters.com
February 13, 2026 at 6:38 PM
"AI PC accounted for more than 30% of all Lenovo PC shipments in the first quarter, according to Yang." www.reuters.com/world/china/...
Reposted by Jordan Novet
Scoop: A report published last week outlined what Palo Alto researchers believed was a China-linked hacking campaign.
But after an intervention from execs, the report's language was changed to refer more vaguely to "a state-aligned group that operates out of Asia."
www.reuters.com/world/china/...
But after an intervention from execs, the report's language was changed to refer more vaguely to "a state-aligned group that operates out of Asia."
www.reuters.com/world/china/...
Exclusive: Palo Alto chose not to tie China to hacking campaign for fear of retaliation from Beijing, sources say
Palo Alto Networks opted not to tie China to a global cyberespionage campaign the firm exposed last week over concerns that the cybersecurity company or its clients could face retaliation from Beijing...
www.reuters.com
February 12, 2026 at 6:25 PM
Scoop: A report published last week outlined what Palo Alto researchers believed was a China-linked hacking campaign.
But after an intervention from execs, the report's language was changed to refer more vaguely to "a state-aligned group that operates out of Asia."
www.reuters.com/world/china/...
But after an intervention from execs, the report's language was changed to refer more vaguely to "a state-aligned group that operates out of Asia."
www.reuters.com/world/china/...
"Legal challenges are certain for an action that repeals all greenhouse gas emissions standards for cars and trucks, and could unleash a broader undoing of climate regulations on stationary sources such as power plants and oil and gas facilities, experts say." apnews.com/article/trum...
Trump's EPA revokes scientific finding that underpinned US fight against climate change
The Environmental Protection Agency has revoked a key scientific finding that supported U.S. regulations on greenhouse gas emissions.
apnews.com
February 12, 2026 at 6:55 PM
"Legal challenges are certain for an action that repeals all greenhouse gas emissions standards for cars and trucks, and could unleash a broader undoing of climate regulations on stationary sources such as power plants and oil and gas facilities, experts say." apnews.com/article/trum...
"A number of companies in Thoma Bravo’s portfolio plan to start hosting quarterly calls with their lenders when they report earnings, according to people briefed on the matter, with one person saying the firm hopes the calls will 'calm down' antsy creditors" www.ft.com/content/954e...
How private equity’s big bet on software was derailed by AI
Dealmakers and lenders are facing a ‘Darwinian moment’ as digital services risk being made obsolete by new technologies
www.ft.com
February 12, 2026 at 4:33 PM
"A number of companies in Thoma Bravo’s portfolio plan to start hosting quarterly calls with their lenders when they report earnings, according to people briefed on the matter, with one person saying the firm hopes the calls will 'calm down' antsy creditors" www.ft.com/content/954e...
"The policy prompted criticism across internal Amazon forums. In one discussion thread, roughly 1,500 Amazon employees endorsed the formal adoption of Claude Code, according to the messages." www.businessinsider.com/amazon-engin...
Amazon engineers grate against internal limits on Claude Code
The tech giant's internal policy promotes an in-house tool called Kiro over Anthropic's Claude Code. Some Amazon engineers are unhappy about this.
www.businessinsider.com
February 11, 2026 at 10:41 PM
"The policy prompted criticism across internal Amazon forums. In one discussion thread, roughly 1,500 Amazon employees endorsed the formal adoption of Claude Code, according to the messages." www.businessinsider.com/amazon-engin...
"Across our portfolio, we are seeing this firsthand: retention rates are holding, the vast majority of our companies are experiencing no meaningful churn from AI-native alternatives, and demand for our mission-critical software continues to grow" -Robert Smith, Vista www.linkedin.com/posts/robert...
We’ve heard from many of our investors and partners in recent days asking a reasonable question: What role does enterprise software play in a world where AI can do so much? And most importantly, what…...
We’ve heard from many of our investors and partners in recent days asking a reasonable question: What role does enterprise software play in a world where AI can do so much? And most importantly, what ...
www.linkedin.com
February 11, 2026 at 8:06 PM
"Across our portfolio, we are seeing this firsthand: retention rates are holding, the vast majority of our companies are experiencing no meaningful churn from AI-native alternatives, and demand for our mission-critical software continues to grow" -Robert Smith, Vista www.linkedin.com/posts/robert...
German word for the impulse to eat lunch hours before lunchtime
February 11, 2026 at 7:00 PM
German word for the impulse to eat lunch hours before lunchtime
Reposted by Jordan Novet
Read 'em and weep:
February 11, 2026 at 6:25 PM
Read 'em and weep:
"Negotiations with Samsung include access to memory chip supplies that are in exceptionally short supply amid the global AI infrastructure build-out, making the deal particularly attractive, one of the sources said." www.reuters.com/world/asia-p...
Exclusive: ByteDance developing AI chip, in manufacturing talks with Samsung, sources say
Negotiations with Samsung include access to memory chip supplies that are in exceptionally short supply amid the global AI infrastructure build-out, making the deal particularly attractive.
www.reuters.com
February 11, 2026 at 6:25 PM
"Negotiations with Samsung include access to memory chip supplies that are in exceptionally short supply amid the global AI infrastructure build-out, making the deal particularly attractive, one of the sources said." www.reuters.com/world/asia-p...
data center accounting treatment as critical audit matter www.wsj.com/livecoverage...
Meta Auditor EY Raised Red Flag on Data-Center Accounting
Meta Platforms’ latest annual report contained an unusual, cautionary note for investors.
The tech giant’s auditor, Ernst & Young, raised a red flag over the financial engineering Meta used to keep a ...
www.wsj.com
February 11, 2026 at 6:05 PM
data center accounting treatment as critical audit matter www.wsj.com/livecoverage...
now that's a fumble
February 9, 2026 at 3:02 AM
now that's a fumble
Berkeley, California
February 9, 2026 at 12:26 AM
Berkeley, California
oh this one has movie potential www.sfchronicle.com/crime/articl...
February 8, 2026 at 4:14 PM
oh this one has movie potential www.sfchronicle.com/crime/articl...
right on time for the big game
February 8, 2026 at 4:09 PM
right on time for the big game
where the marketing dollars are going, other than Super Bowl ads
February 7, 2026 at 10:50 PM
where the marketing dollars are going, other than Super Bowl ads
"There's this notion that the tool in the software industry is in decline, and will be replaced by AI .... It is the most illogical thing in the world, and time will prove itself." -Jensen Huang www.reuters.com/business/nvi...
Nvidia's Huang dismisses fears AI will replace software tools as stock selloff deepens
Huang said AI will rely on existing software rather than rebuild basic tools from scratch.
www.reuters.com
February 5, 2026 at 5:08 PM
"There's this notion that the tool in the software industry is in decline, and will be replaced by AI .... It is the most illogical thing in the world, and time will prove itself." -Jensen Huang www.reuters.com/business/nvi...
the CIA says today that the World Factbook was a "high-profile site" that "garnered millions of views each year." then why would the agency take the publication offline? www.cia.gov/stories/stor...
Spotlighting The World Factbook as We Bid a Fond Farewell - CIA
www.cia.gov
February 5, 2026 at 1:29 AM
the CIA says today that the World Factbook was a "high-profile site" that "garnered millions of views each year." then why would the agency take the publication offline? www.cia.gov/stories/stor...
the company is looking at $175 billion to $185 billion in 2026 capex
Google parent Alphabet beat Wall Street’s expectations for its fourth quarter but a new, high bar for expected spending on artificial intelligence infrastructure tempered enthusiasm. www.cnbc.com/2026/02/04/a...
Alphabet resets the bar for AI infrastructure spending
The search giant's proposed capex spend for 2026 exceeds that of its hyperscalers peers.
www.cnbc.com
February 5, 2026 at 1:03 AM
the company is looking at $175 billion to $185 billion in 2026 capex