You're tuned in to Tech Beat. Here's what matters in tech right now.
Cloudflare is reporting record revenue, but eleven hundred employees are paying the price. CEO Matthew Prince says AI efficiency gains have made a large swath of support roles simply unnecessary — marking the company's first major layoff. It's a clean case study in what AI-driven productivity actually looks like at scale: growth up, headcount down.
Meanwhile, the Pentagon has launched a dedicated website to host newly declassified UFO files, following years of congressional pressure and public hearings on so-called unidentified aerial phenomena. It's a notable shift in posture from a government that spent decades saying very little — though how much signal sits inside that newly released noise remains an open question.
And over at the SEC, chair Paul Atkins is signaling a regulatory rethink around both AI-powered finance and blockchain-based market infrastructure. He's drawing a direct line between automated financial systems and the growing demand for on-chain settlement rails — suggesting the agency is finally ready to write rules for markets that, in many ways, have already moved on without them.
Keep surfing. Tech Beat out.
