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The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London (Financial Times)

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Financial Times : The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London   —  Investment aims to persuade tech business to list in London as it gears up for IPO  —  The UK government will take a £25mn stake … from Techmeme https://ift.tt/YOkdbLE

Bosses don't think AI is paying off yet, a PwC survey of 4,500 CEOs found

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FG Trade/Getty Images CEOs are struggling to turn AI investments into returns, according to a new PwC survey. Having a strong AI foundation is more likely to boost returns, the results showed. But only 30% of the 4,454 CEOs surveyed are confident about revenue growth in the next year. Everyone wants to know when AI investments will pay off. Most CEOs say they're still waiting, according to PwC's latest Global CEO survey, released on Monday to coincide with the start of Davos. The consulting giant questioned 4,454 chief executives across 95 countries and territories about their strategic priorities and outlook in the year up to November 2025. More than half of the CEOs surveyed, 56%, said AI hasn't produced revenue or cost benefits for their businesses to date. Some reported benefits for either revenue or costs: around a third said their revenue was up in the last year, and 26% said they were seeing lower costs from AI. But only 12% said they had both decrea...

Sources: Seoul-based AI chip designer FuriosaAI seeks to raise a $300M-$500M Series D to fund mass production of its 2nd-gen RNGD chip and is eyeing a 2027 IPO (Yoolim Lee/Bloomberg)

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Yoolim Lee / Bloomberg : Sources: Seoul-based AI chip designer FuriosaAI seeks to raise a $300M-$500M Series D to fund mass production of its 2nd-gen RNGD chip and is eyeing a 2027 IPO   —  Artificial intelligence chip designer FuriosaAI is seeking to raise as much as $500 million in a funding round … from Techmeme https://ift.tt/IEmw1X0

Treasury Secretary Scott Bessent says Trump's Greenland push is about avoiding a 'hot war'

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Treasury Secretary Scott Bessent is a key figure in US-China trade talks. Pete Marovich/Getty Images Treasury Secretary Scott Bessent said US control of Greenland is a strategic move to avoid conflict. Trump said Saturday he would impose tariffs on Denmark and Europe until they hand over Greenland. European Union leaders condemned the new tariffs on Sunday, calling them economic blackmail. Treasury Secretary Scott Bessent says President Donald Trump is serious about annexing Greenland . Trump amped up the rhetoric on Saturday, announcing on Truth Social that the United States would impose new tariffs on Denmark , which controls Greenland, and other European countries unless they hand Greenland over. Speaking to Kristen Welker on NBC News' "Meet the Press" on Sunday, Bessent said Trump's push to take over Greenland was not an empty land grab but a strategy to prevent future conflict. "The national emergency is avoiding a national emergency," Besse...

CoinGecko: over 53% of the 20.2M crypto tokens launched since 2021 are now inactive, with 7.7M tokens failing in Q4 2025, after Oct. 10 "liquidation cascade" (Helene Braun/CoinDesk)

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Helene Braun / CoinDesk : CoinGecko: over 53% of the 20.2M crypto tokens launched since 2021 are now inactive, with 7.7M tokens failing in Q4 2025, after Oct. 10 “liquidation cascade”   —  Over 13.4 million tokens have been erased between mid-2021 and 2025, according to a new analysis by CoinGecko.  —  What to know: from Techmeme https://ift.tt/QaklHYJ

Similarweb: Threads had 141.5M DAUs on iOS and Android as of January 7, driven by Instagram promotions, while X had 125M DAUs; X continues to lead on the web (Sarah Perez/TechCrunch)

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Sarah Perez / TechCrunch : Similarweb: Threads had 141.5M DAUs on iOS and Android as of January 7, driven by Instagram promotions, while X had 125M DAUs; X continues to lead on the web   —  A report from market intelligence firm Similarweb suggests that Meta's Threads is now seeing more daily usage than Elon Musk's X on mobile devices. from Techmeme https://ift.tt/mpePDW2

I thought downsizing would be hard for our family of 4. It ended up changing our lives for the better.

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The author's family moved from Texas to Colorado and downsized their home. Courtesy of Vivaciously Chelsea I moved my family from a 3,300-square-foot house to 1,200 square feet of living space. The move has reduced my family's stress and strengthened our bond. We found community and freedom in our downsized city life. In July 2025, my husband, Zach, and I moved our family of four from the suburbs of Ft Worth, Texas, to Denver. After nearly 10 years of marriage , two kids, and three work-related moves, it was finally time to settle in a place of our choosing. This time, we didn't just want a change of scenery; we wanted a change of lifestyle. But finding a house in the bustling city neighborhood of our dreams within our budget meant downsizing — drastically. Moving from our 3,300-square-foot home to a 2,300-square-foot bungalow with 1,200 square feet of actual living space (the rest being unfinished basement ) wasn't easy. It meant swapping our large kitche...