latest news in companies
Block Inc. Targets 10% Staff Reduction to Streamline Operations and Boost Growth
Oakland, Sunday, 8 February 2026.
Jack Dorsey’s Block Inc. is preparing to cut roughly 1,100 jobs, a strategic pivot intended to merge the Cash App and Square ecosystems while aggressively reallocating resources toward Bitcoin mining and artificial intelligence initiatives.
Microsoft Ends Automatic Updates for Legacy Printer Drivers on Windows 11
Redmond, Sunday, 8 February 2026.
Microsoft has officially halted legacy driver distribution via Windows Update, placing millions of older devices on borrowed time and forcing enterprises to urgently audit their printing infrastructure to prevent disruptions.
Caprae Capital Targets Global Gen Z Talent to Fuel $110 Million Deal Surge
New York, Sunday, 8 February 2026.
Caprae Capital is aggressively expanding its global footprint by extending its highly selective internship program to top institutions in India and Spain. This strategic move aims to bolster its talent pipeline amid a period of rapid expansion, with the firm closing in on $110 million in deals since January 2025. By partnering with elite universities like IIT and IESE, and maintaining an acceptance rate below 0.1 percent, Caprae is explicitly leveraging Gen Z talent to sustain month-over-month growth exceeding 20 percent. The firm has already converted multiple interns to full-time roles, signaling a distinct shift in how private equity firms cultivate leadership and drive lower-middle-market value.
Nvidia Stabilizes Blackwell Chip Rollout After Overheating Setbacks
Santa Clara, Saturday, 7 February 2026.
Nvidia has mitigated thermal malfunctions in its Blackwell GPUs that previously stalled AI projects and reportedly cost Oracle $100 million. Updated hardware is now stabilizing the critical AI infrastructure supply chain.
FAA Clears SpaceX for Accelerated Crew-12 Launch to Restore ISS Staffing
Cape Canaveral, Saturday, 7 February 2026.
Following a medical evacuation that left the International Space Station critically understaffed, NASA and SpaceX are accelerating the Crew-12 launch to February 11, securing FAA approval just days after resolving a Falcon 9 technical anomaly.
AI Power Crunch Drives Tech Giants Toward Nuclear Energy Solutions
San Francisco, Saturday, 7 February 2026.
Major tech firms are pivoting to nuclear energy to satisfy AI’s voracious power appetite, bolstered by new federal environmental exemptions. However, analysts warn of a critical supply gap, projecting that only 10% of the required 90 gigawatts will be available by 2030.
Power Surge Triggers Boil Water Advisory for 95,000 Pennsylvania Customers
Pittsburgh, Saturday, 7 February 2026.
A critical infrastructure failure following a power surge has forced Pennsylvania American Water to issue a boil advisory for approximately 95,000 customers in Allegheny and Washington counties. With system pressure compromised, the utility warns of potential contamination risks, creating immediate operational disruptions for households and businesses across the Pittsburgh metropolitan area.