Latest More turmoil at Matt Mullenweg’s Automattic: Interim CFO out! Company posts bizarre farewell on XMorning links — October 12, 2026Matt Mullenweg wants his vanity top-level domain nameMorning links — October 9, 2026Evening links — October 8, 2026
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More turmoil at Matt Mullenweg’s Automattic: Interim CFO out! Company posts bizarre farewell on X

by CranDiscuss

Another abrupt departure since Matt Mullenweg’s return to Automattic after last month’s thrilling boardroom coup drama: interim CFO Jeremy Klaperman, out after less than a month, Sarah Perez reports at TechCrunch.

The departures have piled up since Mullenweg’s return. He let CFO Mark Davies and legal chief Andy Missan go; board members Toni Schneider and Sue Decker resigned, while Mullenweg fired other board member Ann Dunwoody.

Automattic originally put out a boilerplate departure message. “Automattic will always be grateful for Jeremy Klaperman’s leadership.” TechCrunch’s Sarah Perez wrote an article citing an unnamed company source who said that Klaperman resented the outside-candidate search and resigned after a demotion following a disagreement with Mullenweg over a performance-review project.

Then Automattic took to X with a snarky vaguepost:

At Automattic, we consider it best practice to evaluate external candidates for critical roles alongside internal people stepping up. We are always talking to and recruiting the best talent. Sometimes people are offended or surprised by this and they resign, sometimes it has led to amazing mentoring or advising situations. We won’t comment on any specific person, but as a company we’re always trying to optimize and redefine ourselves to serve our customers better and promote the ideals we aspire to around Open Source, freedom, liberty, autonomy, and hackers.

Automattic’s October 9, 2026 X post about evaluating external candidates alongside internal staff. Full text is quoted immediately above.

Source: Automattic / X, October 9, 2026.

Petty-posting about a departure followed by an appeal to esprit de corps, wild.

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Links

Morning links — October 12, 2026

by LizDiscuss

The restaurant-brand buyer may start selling <Restaurant Business>
After building a portfolio of more than 80 restaurant brands, MTY Group has ruled out selling itself but may shed weaker chains as third-quarter same-store sales fell 1.9%.

Sony’s Facebook drama finds few friends at the box office <Variety>
Sony’s $30 million Facebook drama “The Social Reckoning” opened to an estimated $5.5 million in North America—below even the studio’s $7 million–$8 million forecast.

Ledger finds a hardware implant in a customer’s wallet <The Verge>
Ledger says one affected customer’s wallet contained an unauthorized hardware implant and has asked a reseller to halt sales; there is no indication that devices bought directly from Ledger were affected.

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Management

Matt Mullenweg wants his vanity top-level domain name

by LewDiscuss

Not content with his eponymous blog URL (ma.tt) or company (Automattic), Matt Mullenweg & co have now applied for ownership of the top-level domain extension .matt. TLDs are expensive, the application alone costs $227,000.

It’s well-known after last month’s failed boardroom coup that Matt controls Automattic through large ownership of the voting stock, so Matt (despite once describing himself as “post-economic”) is dragging minority shareholders along for the purchase of his vanity domain extension. Maybe it’s moves like these, which lead lead to his removal in the first place?

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Links

Morning links — October 9, 2026

by LizDiscuss

An Asos breach included shoppers’ search histories <The Guardian>
Asos says an intruder who impersonated a trusted contact reached a service provider’s data, exposing customer contact details and recent app searches—but not payment cards or passwords.

Lululemon’s new product boss arrives from struggling Athleta <Retail Dive>
CEO Heidi O’Neill recruited Athleta’s Maggie Gauger to fix Lululemon’s product pipeline as Americas comparable sales fell 12% in its latest quarter; analysts are divided on the choice.

Chick-fil-A’s boss is keeping humans at the drive-through <Restaurant Business>
CEO Andrew Cathy says he has no plans to replace order takers with AI, even as McDonald’s pursues more chicken-market share and the category outgrows burgers.

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Links

Evening links — October 8, 2026

by LizDiscuss

Subway’s purchasing co-op faces a $200 million reckoning <Restaurant Business>
The co-op’s former chief is accused of routing about $80 million in kickbacks through brokers and shell companies; legal filings put the alleged scheme’s broader cost above $200 million, including higher prices for franchisees.

OpenAI’s fired researchers challenge its account <TechCrunch>
Three former researchers say their dismissal could chill safety work with outside evaluators; OpenAI says an investigation found a pattern of mishandling research information, not retaliation for raising concerns.

Goldman’s 20-person bonus pool could reach $500 million <The Guardian>
A stock-linked award devised in 2021 could pay CEO David Solomon about $100 million—more than twice his record 2025 pay package—if the final performance calculation holds.

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Links

Evening links — October 7, 2026

by LizDiscuss

McDonald’s pricing tool lands in an antitrust lawsuit <The Guardian>
A customer alleges the chain’s pricing tool coordinates supposedly independent franchisees; McDonald’s says stores set their own prices and the optional software does not fix them.

Bed Bath’s latest reinvention loses its finance chief <Retail Dive>
The CFO of the company now called Neighborhood Intelligence quit months after its Container Store deal, just as it announced $45.5 million in new financing and brought in an interim executive from its restructuring adviser.

Microsoft recruits Nvidia for its $2,600 MacBook rival <The Verge>
The Surface Laptop Ultra puts Nvidia’s first Arm-based PC chip inside a machine starting at $2,599.99—a bid to prove Windows laptops can compete at the expensive end of Apple’s market.

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Links

SRX moves forward with ETFs built around Eric Jackson’s AI model

by CranDiscuss
Illustration of Eric Jackson in blue behind a red banner reading ETFs?

There’s a new development in the Eric Jackson/SRX mystery we’ve been following.

This morning, SRX announced its long-anticipated plan for Jackson: a suite of ETFs funded by the company with $1.5 million.

1.5? That sounds paltry for an “family of actively managed Exchange Traded Funds.” SRX calls it initial capital, without spelling out how much buys fund holdings (or what they are) and how much pays launch expenses. Jackson will manage the ETFs and presumably market them to other investors (though he hasn’t yet posted on X about it despite making several posts since the announcement).

The new name in this chapter is Andy Kim, whose Kupa AI will handle launch logistics. Kupa’s founder and chief product officer previously managed hedge funds at Millennium and Paloma, according to his company biography. 

Kupa is an AI holding company whose businesses include the Unlok investing app, financial infrastructure and AI-generated learning. SRX describes Unlok’s offerings as spanning stocks, bonds, and prediction markets.

First up, in early 2027: a digital-asset ETF using the EMJX model to adjust market exposure and hedge crypto risks. 

For SRX shareholders, there’s another promise to follow: the company intends to distribute its ETF holdings to them, but details on this are scant…

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Links

Morning links — October 7, 2026

by LizDiscuss

A restaurant bankruptcy reveals the cost of emergency cash <Restaurant Business>
About a quarter of True Food Kitchen’s $42 million-plus debt came from alternative advances, including arrangements repaid through delivery orders and discounted meals.

Google’s nuclear power deal has a much larger, less nuclear companion <The Verge>
Google’s deal with Constellation promises 890 megawatts of added nuclear capacity; a separate agreement for 2,700 megawatts of existing power is not limited to nuclear plants.

Uber pays $2.3 billion for a seat at the office lunch table <TechCrunch>
Uber is buying ezCater to reach workplace meal budgets; the platform had $2.5 billion in gross bookings—not revenue—over the past year, according to Uber.

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Links

Evening links — October 6, 2026

by LizDiscuss

A Lego claim exposes a bigger insurance-fraud bill <The Guardian>
A fake theft claim for collectible Lego helped expose one fraudster; insurers say they detected £1.34 billion in bogus UK claims last year, up 14% even as the number of cases fell.

Lambda’s $50 billion backlog has a $35 billion catch <TechCrunch>
Lambda is seeking up to $4 billion before a planned IPO, TechCrunch reports citing the Wall Street Journal; $35 billion of its $50 billion order backlog comes from Anthropic, leaving its debt-funded expansion heavily exposed to one customer.

Mattel gets another invitation to sell itself <Retail Dive>
A second major investor wants Mattel to consider a sale or breakup; quarterly sales rose 10%, but the Barbie maker swung to an $18 million loss, and the activist says progress has stalled.

Hy-Vee puts its dollar-store experiment back in the box <Grocery Dive>
Hy-Vee is rebranding its remaining Dollar Fresh stores after finding that its 96-year-old supermarket name resonates better than the discount spin-off.

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Links

Morning links — October 6, 2026

by LizDiscuss

Lindt’s $94,000 ticket to a chocolate suitcase <Business Insider>
A voting share costs about 78,000 Swiss francs; shareholders who vote at Lindt’s annual meeting get a blue briefcase of chocolate, an unusually edible status symbol.

ChatGPT’s image generator gets an ad break <TechCrunch>
OpenAI says labeled ads will appear alongside generated images for U.S. users later this month, giving its free and low-cost tiers another way to make money.

Museums license their way into hotel rooms <The Guardian>
London’s Natural History Museum has licensed a hotel suite with T. rex bunk beds starting at £724 a night, part of a wider push to turn collections into revenue as costs rise.

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