More than 40,000 federal workers have accepted Trump’s resignation offer so far

40,000

Per CNN, more than 40,000 federal workers — about 2% of the federal civilian workforce — have reportedly already accepted the Trump administration’s offer to leave their jobs by the end of February in exchange for pay until September 30.

According to officials from the Office of Personnel Management, that number is still growing, with an onslaught of employees expected to resign before the deadline at 11:59 p.m. ET on Thursday. In a statement, a spokesperson described the deferred resignation offer as “a rare, generous opportunity,” but heeded warning that those who don’t accept are still at risk of losing their jobs.

The offer comes as part of President Trump’s effort to rapidly shrink the size of the government workforce, headed by Elon Musk’s Department of Government Efficiency. The White House has previously said it expected as many as 200,000 people to accept the offer.

More Power

See all Power

The Netflix-Warner Bros. deal now faces a wall of opposition

Netflix will owe Warner Bros. $5.8 billion in cash if the deal is terminated on antitrust grounds.

Max Knoblauch12/5/25

Jon Keegan12/5/25

The New York Times, Chicago Tribune sue Perplexity

The New York Times is suing the AI search engine startup Perplexity, alleging repeated copyright violations.

In the complaint, the Times accuses Perplexity of scraping the company’s content and generating outputs that are “identical or substantially similar” to Times content:

“Upon information and belief, Perplexity has unlawfully copied, distributed, and displayed millions of copyrighted Times stories, videos, podcasts, images and other works to power its products and tools.”

The Times also alleges that Perplexity’s AI tool generates “hallucinations” and falsely attribute them to the Times, creating confusion that harms the company’s brand.

In a separate suit filed Thursday, the Chicago Tribune accused Perplexity of similar copyright violations.

Perplexity’s “answer engine” made early inroads in an attempt to replace traditional web searches with AI-powered responses, but its larger competitors such as OpenAI, Google, and Anthropic have been adding similar features. OpenAI recently released its own AI-powered web browser, ChatGPT Atlas, which challenges Perplexity’s Comet browser.

Jesse Dwyer, Head of Communication for Perplexity told Sherwood News in a statement:

“Publishers have been suing new tech companies for a hundred years, starting with radio, TV, the internet, social media and now AI. Fortunately it’s never worked, or we’d all be talking about this by telegraph.”

New York Times Sues A.I. Start-Up Perplexity Over Use of Copyrighted Work

“Upon information and belief, Perplexity has unlawfully copied, distributed, and displayed millions of copyrighted Times stories, videos, podcasts, images and other works to power its products and tools.”

The Times also alleges that Perplexity’s AI tool generates “hallucinations” and falsely attribute them to the Times, creating confusion that harms the company’s brand.

In a separate suit filed Thursday, the Chicago Tribune accused Perplexity of similar copyright violations.

Jesse Dwyer, Head of Communication for Perplexity told Sherwood News in a statement:

“Publishers have been suing new tech companies for a hundred years, starting with radio, TV, the internet, social media and now AI. Fortunately it’s never worked, or we’d all be talking about this by telegraph.”

Jon Keegan11/28/25

European regulators will examine if Apple’s maps and ads businesses require stricter oversight

Apple has notified European regulators that its Apple Maps and Apple Ads platforms meet the threshold to be called “gatekeepers” under the European Commission’s Digital Markets Act, the European Commission said.

European antitrust regulators will now examine if the tech giant’s Maps and Ads units should be subject to stricter regulation. According to the DMA, when a platform reaches 45 million monthly active users and a market cap of €75 billion ($79 billion), it triggers the “gatekeeper” designation and additional rules apply.

While Apple notified regulators that the threshold has been met, it is pushing back on the designation, saying in a rebuttal to rule makers that the platforms are actually relatively small compared to the competition in Europe and should be excluded. The EC has 45 working days to make a final determination about the designation, and Apple would have six months to comply, Reuters reported.

EU to examine if Apple Ads and Maps subject to tough rules, Apple says no

Jon Keegan11/26/25

Delhi High Court says Apple could face $38 billion penalty in Indian antitrust case

India’s Delhi High Court says that Apple could face a penalty as high as $38 billion for what its investigators describe as “abusive conduct” related to the tech giant’s app store, Reuters reports.

Apple is challenging the constitutionality of the country’s new antitrust law, taking specific issue with the fact that penalties are calculated based on companies’ total annual global revenue, rather than just revenue derived from India.

That global figure could mean fines as high as $38 billion, according to a court filing seen by Reuters.

The Competition Commission of India has not issued a final ruling in the case.

Apple contests India's antitrust penalty law with risk of $38 billion fine, filing shows

That global figure could mean fines as high as $38 billion, according to a court filing seen by Reuters.

The Competition Commission of India has not issued a final ruling in the case.

Jon Keegan11/26/25

Anthropic CEO Amodei asked to testify before Congress about Claude-powered Chinese cyberattack, Axios reports

Earlier this month, Anthropic revealed that Chinese state actors had used its Claude chatbot to orchestrate and execute a cyber espionage campaign for the first time. The company said that after it detected its product was being used in that manner, it was able to respond and disrupt malicious behavior.

Now, Anthropic CEO Dario Amodei has been called to testify before the House Committee on Homeland Security, along with Google Cloud CEO Thomas Kuria and Quantum Xchange CEO Eddy Zervigon, Axios reports.

The House committee is seeking information about how nation-state actors are using AI agents to devise and execute novel cyberattacks, like the one that Anthropic disrupted.

Exclusive: Anthropic CEO called to testify before Congress about Chinese AI cyberattack

The House committee is seeking information about how nation-state actors are using AI agents to devise and execute novel cyberattacks, like the one that Anthropic disrupted.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.