CNBC:
Atlassian is cutting 10% of its workforce, or ~1,600 jobs, to fund investment in AI and enterprise sales; filing: the cuts will incur $225M-$236M in charges  —  Atlassian said on Wednesday that it's eliminating 10% of its workforce, or about 1,600 jobs, as the company restructures following …

Tom Dotan / Newcomer:
Sources: Cursor is in early talks to raise billions in a new funding round at a post-money valuation of up to $60B; one source puts the round size at $5B  —  Very early discussions involve a $5 billion raise at a valuation of up to $60 billion  —  Can a company be declared both passé and the next big thing?

Jason Snell:

So here we are: Six Colors now has three Jeopardy! players as contributors.

Come on, Moltz, get your shit together.

When I re-read my 2006 piece “And Oranges” today before linking to it, I paused when I read this:

And while it is easy to find ways to complain that Apple is not open enough — under-documented and undocumented security updates and system revisions, under-documented and undocumented file formats — it would be hard to argue with the premise that Apple today is more open than it has ever been before. (Exhibit A: the Web Kit project.)

It’s not often I get to fix 20-year-old typos, and to my 2026 self, “Web Kit” looks like an obvious typo. But after a moment, I remembered: in 2006, that wasn’t a typo.

Michelle Chan / Financial Times:
Sources: investors demanded steep concessions in Salesforce's $25B bond deal to fund a share buyback; it sold debt at a significant premium in borrowing costs  —  Software group sold debt at significant premium in borrowing costs in sign of Wall Street jitters over AI disruption