Wall Street Journal:
Sources: Nvidia's plan to invest up to $100B in OpenAI, announced in September 2025, has stalled after some inside Nvidia expressed doubts about the deal  —  Nvidia CEO Jensen Huang has privately played down likelihood original deal will be finalized, although the two companies will continue to have a close collaboration

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Peloton said on Friday that it's cutting around 11 percent of its staff, mostly impacting "engineers working on technology and enterprise-related efforts," reports Bloomberg. Last August, Peloton laid off six percent of its workforce and told investors it would continue layoffs globally in 2026, in an attempt to cut at least $100 million of annual […]

Daniel Kuhn / The Block:
Tether says it generated over $10B in net profits in 2025, down from $13B+ in 2024, and says it holds $193B in assets backing the $186B USDT in circulation  —  Partner offers  —  Quick Take  — The stablecoin issuer now holds $193 billion in assets backing the $186 billion USDT in circulation, primarily in U.S. Treasuries.

This story appeared in The Logoff, a daily newsletter that helps you stay informed about the Trump administration without letting political news take over your life. Subscribe here. Welcome to The Logoff: The Trump administration is indicting two journalists for their coverage of a Minneapolis protest. What happened? Don Lemon, a longtime CNN host who was fired […]