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REMOTE. CONTROL.

Younger companies and leaders embrace more remote work, new study finds

Firms founded in the past decade have nearly twice the WFH rates of those started before 1990.

The companies most likely to let you work from home are the newest ones… or at least those helmed by the youngest leaders.

According to a National Bureau of Economic Research working paper published last week, employees at companies founded after 2015 are roughly twice as likely to work from home relative to firms that got their start before 1990.

Companies born in 2020 — the ones that had no choice but to build themselves around remote work from day 1 — had the highest remote working days on average, at 1.74 per week. Still, post-lockdown cohorts (2021-25) allowed employees to work from home an average of 1.6 days, well above the average of ~0.9 days per week of those founded before 1980.

Leadership age tells a similar story, as younger firms and CEOs tend to be more comfortable adopting new technologies and flexible ways of working. Firms run by CEOs under 30 have an average of 1.4 work-from-home days per week, compared to 1.1 days for those with CEOs who are 60 or older.

Still, that gap fades once firm age is factored in, suggesting it’s the birth year of the company — not its leader — that matters more.

And even as big incumbents keep doubling down on returning to the office, the study finds that WFH rates could tick higher over time as older firms cycle out: indeed, roughly half of US startups don’t survive past five years, per the latest Bureau of Labor Statistics data, and the companies that replace them tend to be more remote-friendly from the start.

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Sony is reportedly considering pushing the PlayStation 6 to 2028 or 2029 as AI RAM demand squeezes consumer electronics

AI’s ongoing need for more memory chips, which some are referring to as “RAMmageddon,” is reportedly shifting Sony’s plans for its next PlayStation console.

According to reporting by Bloomberg, the company is weighing a delay of the PS6 to 2028 or 2029 — a pivot from the company’s typical six- to seven-year console life cycle.

Memory costs could also result in Nintendo hiking the price of the Switch 2, per the report.

The report is part of a larger trend of AI demand impacting consumer electronics, including gaming equipment. Earlier this month, reports said that Nvidia will not release a new gaming graphics chip this year — a first. Steam owner Valve delayed its forthcoming Steam Machine console, and its popular Steam Deck handheld is currently unavailable for purchase in the US. Per Valve’s website: “Steam Deck OLED may be out-of-stock intermittently in some regions due to memory and storage shortages.”

Amid the AI memory squeeze, gaming stocks have also experienced major recent sell-offs following the release of Google’s AI interactive world-generation tool, Project Genie.

Memory costs could also result in Nintendo hiking the price of the Switch 2, per the report.

The report is part of a larger trend of AI demand impacting consumer electronics, including gaming equipment. Earlier this month, reports said that Nvidia will not release a new gaming graphics chip this year — a first. Steam owner Valve delayed its forthcoming Steam Machine console, and its popular Steam Deck handheld is currently unavailable for purchase in the US. Per Valve’s website: “Steam Deck OLED may be out-of-stock intermittently in some regions due to memory and storage shortages.”

Amid the AI memory squeeze, gaming stocks have also experienced major recent sell-offs following the release of Google’s AI interactive world-generation tool, Project Genie.

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Video game experts say Google’s Project Genie isn’t an industry killer. Investors don’t seem convinced.

Analysts and company execs are trying to dispel fears around AI’s impact on gaming, but Wall Street is still wary.

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Rivian just had its best day ever on the stock market, after more than 4 years of pain

The EV maker’s software division helped power a strong Q4, as industry giants pump the brakes on their electric ambitions.

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Warner Bros. board members reportedly consider reopening deal talks with Paramount

Paramount’s latest amended bid for Warner Bros. Discovery has finally given the board members of the entertainment conglomerate something to seriously think about, after Bloomberg reported over the weekend that WBD is now considering reopening negotiations with Paramount, despite striking an ~$83 billion binding deal with Netflix in early December.

With the market closed yesterday, Paramount and Warner Bros. Discovery investors are just now getting the chance to react to the news, with the stocks up around 3% and 1%, respectively, in premarket trading.

Last Tuesday, Paramount announced that it had enhanced its all-cash $30-per-share bid for Warner Bros., adding an offer to cover the $2.8 billion breakup fee the company would incur with Netflix, as well as a $0.25-per-share “ticking fee” for every quarter the deal hasn’t closed after the end of 2026. Despite Paramount (again) not boosting the bid’s headline cash offer, these latest terms, as well as an offer to backstop a Warner Bros. debt refinancing, have apparently proven enough to give at least some board members pause for thought.

Indeed, top brass at the HBO owner are mulling the possibility that Paramount’s boosted offer could lead to a better deal down the line, Bloomberg reported, citing people familiar with the board’s latest thinking. Still, whether that means the WBD board is hoping for a better bid from Paramount themselves — or the streamer they’ve currently got a binding deal with — is another matter entirely.

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