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Evening Scan

Markets were bracing for more AI-driven pain after last week's rout, but futures are pointing to a rebound instead. The corporate-drama beat delivered a 33-hour boardroom coup that didn't quite stick.

33 hours — That's how long the board's attempt to oust WordPress founder Matt Mullenweg lasted before collapsing. (Fortune)


US stocks set for rebound after AI sell-off (paywall)

Nasdaq 100 futures are up after the index's biggest weekly drop since April of last year. (Financial Times)

Inside the 33-hour failed boardroom coup to overthrow WordPress founder Matt Mullenweg

Automattic's six-member board voted to put its CEO on notice on Sept. 9. (Fortune)

Anthropic says it's committing 5% of its shares to a 'public benefit fund'

The plan includes "large donations to traditional nonprofits," and a 5% equity pledge now appears in writing. (TechCrunch)

Art Basel Las Vegas? The Fight Over Miami Beach's Fair (paywall)

After 18 months of negotiations and a Nevada relocation threat, the fair stays in Miami Beach through 2031. (NYT)

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