Joking aside, this feels massive. Both that it happened so suddenly and that the announcement doesn't mince words. The fact that the CTO is now CEO makes me think it's probably not a lie about their tech. It wouldn't make sense to say "we've been lying about our capabilities" and then appoint the current CTO as CEO.
This makes me think it's either financial or a scandal around Sam himself.
I can't wait to hear more
Agreed
> This makes me think it's either financial or a scandal around Sam himself.
I can't imagine it being about fake financials. This isn't Microsoft's first time doing due diligence on a acquisition. That is both technical and financial due diligence.
And clearly they didn't buy the company because it was super profitable, but for the tech.