Bloomberg vs The New York Times

AI Native Startups Boost PR Output Tenfold

In a detailed essay, software engineer Neil Kakkar compares his productivity across three companies: Bloomberg, PostHog, and Tano. At Bloomberg and PostHog, he shipped 8-20 pull requests per month, while at Tano, an AI-native startup, he now ships over 200 PRs monthly, an 11x increase. This surge is attributed to AI coding agents like Claude Code, which handle end-to-end feature development, automated code reviews, and continuous integration. Key trade-offs include loss of human code reviews, increased context switching, and 'thrashing' from multitasking. Tano operates without human PR reviews, relying instead on an automated reviewer agent. The author notes that AI is a speed multiplier, but requires culture shifts and guardrails to prevent burnout. The essay highlights that AI-native startups can iterate much faster, but pre-AI companies can catch up by adopting similar practices.

• Neil Kakkar's PR output increased 11x at AI-native startup Tano compared to PostHog.
• Tano uses Claude Code agents to build features end-to-end and an automated code review agent.
• At Tano, PR merge time is less than one hour, and the revert rate is 6x lower than at PostHog.

MIAX Reports Q3 2026 Results: Net Revenue Up 20%

Miami International Holdings (MIAX), a technology-driven operator of regulated financial markets, reported strong third-quarter 2026 results. Net revenue grew 20% year-over-year to $131.0 million, driven by robust options business performance. Adjusted EBITDA surged 47% to $70.8 million, with margin expanding to 54%. Options exchanges achieved record average daily volume of 11.1 million contracts, up 15.2%, and market share rose to 17.4%. The company also achieved net income of $52.5 million, a significant improvement from the prior year's loss, aided by lower expenses and absence of IPO-related charges. MIAX launched new products, including Bloomberg index futures on NinjaTrader and four fertilizer futures contracts. The company lowered its full-year 2026 adjusted operating expense guidance to $254-$257 million.

• Q3 2026 net revenue grew 20% YoY to $131.0 million.
• Adjusted EBITDA increased 47% to $70.8 million with margin at 54%.
• Options average daily volume rose 15.2% YoY to 11.1 million contracts and market share reached 17.4%.

Frontier Labs Balance Agent Autonomy and Safety in Finance

At the AI Engineer New York conference, OpenAI, Anthropic, and financial firms like Two Sigma and Bloomberg discussed how to give AI agents useful autonomy while maintaining safety in financial services. OpenAI's Joseph Kim introduced the 'threshold of usefulness' concept, predicting agents will handle investment idea generation and trading by 2027. Anthropic announced 'Claude for Financial Advisors,' outlining a trust layer with identity, sandboxing, and approval mechanisms. Two Sigma's John Feminella detailed five composable controls, including auto-mode classifiers, to prevent approval fatigue. Bloomberg's Andrey Rybka highlighted defenses against agent mishaps, such as prompt injection defenses, scoped identities, audit trails, and kill switches. The consensus: safety depends on strategically placing controls and human judgment, not on the number of restrictions.

• OpenAI's Joseph Kim introduced the 'threshold of usefulness' concept, predicting agents will handle investment idea generation and trading by 2027.
• Anthropic announced 'Claude for Financial Advisors' and outlined a three-step trust layer for agents.
• Two Sigma's John Feminella presented five composable controls, including auto-mode classifiers, to balance autonomy and oversight.

Bluesky Adds iPad Support, Profile Links

Bluesky, the social media platform and alternative to X and Threads, has introduced two major updates in its v1.136 app update. First, iPad users can now access Bluesky in a beta version, fulfilling one of the platform's most requested features. Second, Bluesky has launched profile links, allowing creators to add up to 30-character titled links in their bio, pointing to external websites, newsletters, podcasts, or other social media accounts. The company's Head of Product, Alex Benzer, announced that links to payment platforms like Patreon and Ko-fi will appear as prominent green buttons, supporting creator monetization. This move aligns with Bluesky's broader vision for cross-app creator monetization within the AT Protocol ecosystem. With 41.4 million users as of early 2026, Bluesky differentiates itself through its open and independent structure.

• Bluesky releases iPad support in beta with app update v1.136.
• Bluesky introduces profile links for creators, supporting up to 30-character titles.
• Links to Patreon and Ko-fi will appear as green buttons on profiles to facilitate monetization.

Introducing the Inaugural Wirecutter Hall of Fame Awards

The New York Times announces the inaugural Wirecutter Hall of Fame Awards, recognizing top products and services.

Essay: Minority Report Predicted Generative AI's Hallucinations

In a Medium essay on UX design, Patrick Neeman argues that Steven Spielberg's 2002 film Minority Report is a more accurate forecast of generative AI than of gesture interfaces. He compares the film's precogs to large language models: both produce confident, plausible output rather than retrieving facts, which leads to hallucination. The essay highlights the 'minority report' concept as an early description of hallucination. It also addresses AI's hidden training-data costs, citing Anthropic's $1.5 billion copyright settlement and OpenAI's low-paid Kenyan contractors. On AI agents, Neeman notes a PwC survey finding 79% of companies use AI agents, and warns of automation bias. He cites Stanford research showing legal AI tools fabricate law 17–33% of the time. The piece concludes that designers should surface uncertainty and keep humans in the loop.

• ChatGPT crossed 800 million weekly active users within three years of launch, per Sam Altman.
• A federal judge approved Anthropic's $1.5 billion copyright settlement with authors in 2026.
• PwC found that 79% of companies already have AI agents in use.