Hacker News with Generative AI: Business

Big VC Tech Money Has Greatly Misunderstood Real Estate (medium.com)
Let’s cut through the mythology: Silicon Valley’s or Big Tech’s decade-long attempt to disrupt real estate represents one of the most fascinating case studies in digital transformation failure of our time. After pouring north of $30 billion into “revolutionizing” how the world buys and sells homes, the tech industry has accomplished remarkably little in fundamentally changing how transactions actually happen.
Microsoft reportedly pulls back on its data center plans (techcrunch.com)
Microsoft has pulled back on data center projects around the world, Bloomberg reports, suggesting that the company is wary of expanding its cloud computing infrastructure too rapidly.
WordPress maker Automattic lays off 16% of staff (techcrunch.com)
WordPress maker Automattic lays off 16% of staff
Sam Altman's Firing from OpenAI (msn.com)
On a balmy mid-November evening in 2023, billionaire venture capitalist Peter Thiel threw a birthday party for his husband at YESS, an avant-garde Japanese restaurant located in a century-old converted bank building in Los Angeles’s Arts District. Seated next to him was his friend Sam Altman.
.NET library MassTransit going commercial with V9 (masstransit.io)
For over a decade, MassTransit has been the leading open-source .NET messaging framework, trusted by thousands developers and enterprises worldwide to build scalable, distributed applications.
Amazon submits bid for TikTok as ban deadline nears (cnbc.com)
Wordpress.com owner Automattic is laying off 16 percent of workers (theverge.com)
Automattic, the parent company of WordPress.com, is laying off about 16 percent of its workers.
The affidavit of a Rippling employee caught spying for Deel (techcrunch.com)
On Wednesday, Rippling publicly released the affidavit of the Rippling employee who testified that he was working as a spy for the HR tech company’s arch rival Deel.
WordPress maker Automattic lays off 16% of staff (techcrunch.com)
Automattic, the company behind WordPress.com, Tumblr, WooCommerce, and a range of other online services, is reducing its workforce.
Restructuring Announcement (automattic.com)
I have had to make difficult decisions to protect Automattic’s long-term future. This post will outline why the changes are happening and the next steps in our organizational restructuring. I wish to be transparent and acknowledge immediately that this will be difficult news to hear. We will do everything to ensure that all Automatticians, those staying and those leaving, are supported.
23andMe is potentially selling personal survey data, etc., beyond genetic data (theconversation.com)
As soon as the genetic testing company 23andMe filed for bankruptcy on March 23, 2025, concerns about what would happen to the personal information contained in its massive genetic and health information database were swift and widespread.
Amazon Submits Bid for TikTok with US Sale Deadline Nearing (bloomberg.com)
Days before an April 5 deadline for TikTok to find a buyer or get shut out of its biggest market, the list of potential outcomes for the video app got a lot longer.
Google Gemini is shaking up its AI leadership ranks (semafor.com)
Google is replacing the leader of its consumer AI apps as the focus of the AI race shifts from the underlying models to the products built around them, according to memos reviewed by Semafor.
PayPal launches remote and local MCP servers (paypal.com)
Model Context Protocol (MCP) supports managing and passing relevant information to models with appropriate context, so they operate properly within a given scope. Using this functionality, PayPal developed PayPal MCP Server to enable merchants to use natural language with their favorite MCP client to perform business tasks, such as creating or listing invoices.
Alleged Deel Spy Confesses to Coordinating with Deel CEO Alex Bouaziz (newcomer.co)
BREAKING: Alleged Deel Spy Confesses to Coordinating with Deel CEO Alex Bouaziz
Tesla suffers worst quarter since 2022 as deliveries tumble (ft.com)
Nikola founder says $2M he gave to Trump had nothing to do with his pardon (12news.com)
PHOENIX — Trevor Milton, the founder of now-defunct Nikola, says in an exclusive interview with 12News that the president rescued him from political persecution, and his family's nearly $2 million contribution to the Trump campaign last fall had nothing to do with his pardon.
Forking Work Simplification – Let's Bring Back Eisenhower's Process Improvement (governance.fyi)
Happy April Fool’s, but frankly we are all (well almost all) business today with a neat little update.
Big brands are spending small sums on X to stay out of Musk's crosshairs (arstechnica.com)
Big brands are allocating small amounts of their advertising budget to Elon Musk’s X, seeking to avoid being seen as boycotting the social media platform and triggering a public fallout with its billionaire owner.
FTC: 23andMe buyer must honor firm's privacy promises for genetic data (arstechnica.com)
Federal Trade Commission Chairman Andrew Ferguson said he's keeping an eye on 23andMe's bankruptcy proceeding and the company's planned sale because of privacy concerns related to genetic testing data.
How AI is creating a rift at McKinsey, Bain, and BCG (the-ken.com)
Clients’ increasing access to AI tools is transforming the way consulting firms operate
Ask HN: Could you help me find an old post? (ycombinator.com)
I remember there was an old but popular post on HN front page about a failed startup project. The project is about distilling biology science. The conclusion was that there is no money in science distillation.
Gmail is making it easier for businesses to send encrypted emails (theverge.com)
Google is updating Gmail to allow enterprise users to send encrypted messages to any inbox in just a few clicks.
New in Gmail: Making E2E encrypted emails easy to use for all organizations (workspace.google.com)
At Google, we believe that secure, confidential communication should be available for organizations of all sizes. However, end-to-end encrypted (E2EE) email was historically a privilege reserved for organizations with significant IT resources, due to the complexity of S/MIME and proprietary solutions.
Trump yanks CHIPS Act cash unless tech giants pony up more of their own dough (theregister.com)
More doubt is being cast over the US CHIPS Act program with the Trump administration threatening to halt payments unless companies in line to receive funding commit to substantially expand their own investments.
We replaced all our managers with AI (yolodex.ai)
Yolodex, a word-of-mouth growth engine for DTC businesses, has made a bold move: we eliminated all human managers and replaced them with a bespoke, multimodal AI management system.
LLM providers on the cusp of an 'extinction' phase as capex realities bite (theregister.com)
Gartner says the market for large language model (LLM) providers is on the cusp of an extinction phase as it grapples with the capital-intensive costs of building products in a competitive market.
DeepMind slows down research releases in battle to keep competitive edge (ft.com)
Netflix CEO Says Movie Theaters Are Dead (semafor.com)
Sorry, cinephiles: The post-Covid rebound of live events is all the more evidence that movie theaters are never coming back, Netflix co-CEO Ted Sarandos told me in an interview at the Paley Center for Media Friday.
Canada investigates whether Tesla helped itself to a subsidy-fueled sales boom (fortune.com)