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for: Friday, February 20, 2026



Lucid (LCID) Stock: Slides 2% as EV Maker Cuts 12% of Workforce

Yasmin Werner / parameter - TLDR Lucid trims 12% of staff as shares slide to $9.55 in choppy trade, to cut costs Gravity SUV ramp stays on track, with output expansion targeted through 2025 Mid-size EV near $50k could broaden demand and support Lucid’s margin goals Uber-Nuro robotax…

#cars #stockmarket #business #jobs #us #manufacturing #layoffs #automotive #ev

Back to Top / Friday, February 20, 2026, 5:21 pm / permalink 19487 / 3 stories in 14 days


Ubisoft CEO Spills Beans About 2 Far Cry Projects, "Several" Assassin's Creed Games, Both Multi- and Single-Player

techpowerup - Yves Guillemot recently made an appearance in an interview with Variety, in which the Ubisoft CEO spoke about both the ongoing cost-cutting measures and in-development projects at the French gaming giant. When asked about upcoming projects in the Assassin…

#gaming #entertainment #business #jobs #culture #layoffs #media #videogames

14 days / digitaltrends

14 days / techpowerup


Back to Top / Friday, February 20, 2026, 4:21 pm / permalink 19481 / 6 stories in 14 days


Major Shake-Up at Xbox: Phil Spencer Reitres, Sarah Bond Resigns, and Asha Sharma to Become the new CEO of Microsoft Gaming

David Carcasole / wccftech - A new report from IGN reveals that Microsoft's gaming division and Xbox are going through a major leadership shake-up. Phil Spencer will retire this coming Monday, February 23, 2026, after first joining Microsoft all the way back in 1988 as an intern. He'…


Content shake-up, Matt Booty promoted; consoles prioritized

14 days / cnbc


Longtime Xbox leaders step down; successor announced

13 days / techspot

13 days / digitaltrends

14 days / techpowerup

14 days / mashable


New CEO Asha Sharma’s AI stance and vision for Xbox

13 days / digitaltrends

14 days / techpowerup


OTHER: layoffs, memos, and community reaction


All Other Stories


Back to Top / Friday, February 20, 2026, 4:20 pm / permalink 19479 / 30 stories in 14 days


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U.S. prepares strict export controls on AI accelerators, curbing foreign sales

U.S. authorities are drafting new export rules requiring government approval for certain AI accelerators before overseas sales, aiming to limit adversaries’ access to advanced chips. The Commerce Department confirmed a tough approach that stops short of prior proposals but signals significant restrictions, forcing vendors and customers to navigate fresh geopolitical red tape. More...


Pentagon labels Anthropic a supply‑chain risk; company vows legal fight

The Pentagon has designated Anthropic and its products as a “supply‑chain risk,” prompting the company to announce a court challenge. Experts warn the move could chill collaboration and talent flows into AI, while Anthropic insists it will contest the determination to protect its operations and customers. More...


Oracle and OpenAI scrap Texas data-center expansion; Meta eyes the spare capacity

Oracle and OpenAI have abandoned plans to expand a flagship Texas data center, leaving substantial compute capacity up for grabs. Nvidia reportedly brokered interest from Meta to take the unused slots as OpenAI downscales that particular buildout, a move that rattled markets and highlights shifting demand for large-scale on-prem AI infrastructure. More...


SoftBank seeks massive $40B loan to back OpenAI investment, courting big risk

SoftBank is reportedly seeking up to a $40 billion loan to finance its planned stake in OpenAI, an audacious use of leverage to double down on the AI boom. The move would be one of the largest single‑company financing gambits in recent memory, raising questions about balance‑sheet strain versus potential upside. More...


OpenAI launches Codex Security agent to automatically detect software vulnerabilities

OpenAI rolled out Codex Security, an AI agent that scans codebases to find complex vulnerabilities, suggests actionable fixes, and uses sandbox testing to limit false positives. The tool has already flagged issues in major projects and aims to compete with traditional application security tooling by automating deep, contextual code review. More...



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