Thursday, October 15, 2026
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Oura officially filed to go public on September 3, even as rivals including Ultrahuman, Circular, RingConn, Samsung, and Dreame race to challenge its dominance of the smart ring market with new features.
Smart ring maker Oura filed for an IPO, reporting revenue growth from $697 million to $1.2 billion year-over-year, as it also faces a lawsuit over sleep-tracking accuracy.
New research from Madrona shows enterprises are reevaluating AI vendors every six months or faster, making today's fast-growing startup revenue far less durable than in the SaaS era.
Uber is laying off about 3,300 people, roughly 10% of its global headcount, as part of a restructuring meant to cut management layers and redirect investment to ridesharing, delivery, and robotaxis.
Action camera pioneer GoPro is being acquired by little-known Starman Optical for $285 million in a deal that wipes out GoPro's $92 million in debt.
Phil Schiller, Apple's longtime App Store chief, has stepped down as Tim Cook's CEO tenure ends, joining a wave of senior Apple executives departing in recent months.
On his last day as CEO, Tim Cook endorsed successor John Ternus, Apple's hardware engineering chief, as its next leader.
Apple is raising Apple TV's monthly subscription price from $12.99 to $14.99, its fourth price hike in four years, alongside an increase to the Apple One bundle.
Meta vice president Sandhya Devanathan is leaving after more than a decade to join OpenAI, as Meta faces mounting scrutiny from Indian authorities.
Rivian chief financial officer Claire McDonough is resigning at the end of October to become CFO of Massachusetts-based GE Vernova, the electric-vehicle maker disclosed in a regulatory filing.
Barret Zoph, a Thinking Machines co-founder who was fired from the startup before briefly returning to OpenAI, has taken a vice president of research role at Google.
More than a dozen OpenAI executives have left since the start of the year, and the company's latest departure — its head of data centers — has renewed questions about turnover ahead of its planned IPO.
OpenAI's former head of data centers, Chris Malone, left the company last week, adding to a string of more than a dozen executive departures in 2026.
SpaceX will build a second Starship spaceport at a former Exxon site in Louisiana, investing $100 billion and targeting a first launch in 2029, after a seven-year search.
Situational Awareness, the AI-focused hedge fund led by Leopold Aschenbrenner that lost billions in a late-July downturn, is reportedly being probed by the SEC, which has subpoenaed banks that did business with the fund.
Oura is reportedly planning a U.S. IPO as soon as next month that could value the smart-ring maker at more than $16 billion, up from $10.9 billion last September.
President Donald Trump bought as much as $50,000 worth of SpaceX shares on June 23, two weeks after the company's record IPO.
Amazon hiked prices on its Fire TV, Echo, Kindle, and Eero devices by as much as 60% over the weekend, pointing to rising memory and storage costs as the AI-driven "RAMmageddon" chip shortage squeezes device makers industry-wide.
Apple has eliminated more than 200 positions across its Vision Pro, Siri, and AI-integration teams as it reshuffles around newer AI efforts and new devices.
Private equity giant Apollo Global Management confirmed hackers used social engineering to steal personal data — including Social Security numbers — from its cloud systems in July.