Morning Scan

The 10-year Treasury is at levels last seen before the iPhone existed, AI labs are losing safety staff and asking for patience, and someone allegedly tried to ship $300M of Nvidia servers to China.

5.04% — The 10-year Treasury yield, its highest since 2007, as the bond market sends Washington a message. (Fortune)

Connected World

Soft Jobs Report Boosts Market Bets Fed Will Skip October Rate Increase (paywall)

Weak hiring numbers are making a rate hike less likely at the late-October meeting. (NYT)

Wall Street's IPO fervour cools on tepid demand and valuation worries (paywall)

Several listings are on hold, and Anthropic's delayed debut is chilling the pipeline. (Financial Times)

Lyft settles landmark driver misclassification lawsuit for $272.5M

California's AG and three city attorneys secured a large payout, raising the cost of the gig-economy playbook. (Ars Technica)

Machines & Minds

An OpenAI safety employee has quit and is sounding the alarm

David Robinson wrote the safety reports that shipped with every major model release, so his exit carries more weight than a typical resignation. (The Verge)

Google freezes product flaw submissions to its OSS Vulnerability Reward Program over an influx of invalid AI-driven reports

Paying bounties while everyone has a tool for generating low-quality reports produced a flood of low-quality reports; an update is promised by Q1 2027. (Tom's Hardware)

Anthropic's super bug-hunting model Mythos is hardcore good at math, as latest vuln under attack shows

The second Anthropic-linked vulnerability exploited in the wild, with early activity traced to a Chinese IP address. (The Register)

Amazon's $1B plan to combat data center backlash draws more backlash

A $1B community pledge over five years was meant to calm neighbors and instead gave critics a new talking point. (Ars Technica)

Commerce Rewired

US arrests tech CEO accused of smuggling $300M in Nvidia chips into China

Another export-control case. The most valuable hardware in AI is also the easiest to smuggle. (Ars Technica)

Toshiba plans to double HDD production capacity for AI data centers within FY2027

Hard disk drives are riding the AI wave, with Toshiba aiming for a 30% share of capacity, up from about 10%. (Nikkei Asia)

Connected World

The Nvidia Shield TV Is 7 Years Old. It Just Got a $100 Price Hike

The only consumer gadget that gets more expensive with age, courtesy of AI's appetite for memory. (WIRED)