Business
Wordle gets bought

Wordle gets bought

The New York Times has acquired Wordle — the viral word game — for an "undisclosed price in the low seven figures", which makes Josh Wardle, the game's creator, a millionaire at least one times over. The NYTimes also reported today that it hit 10 million total subscribers.

Stuff-that-isn't-news

For the NYTimes, buying Wordle makes a lot of sense. For the past few years, the newspaper has been trying to diversify its revenues away from just its "core news" product. Games (mostly word-based), a dedicated cooking section and audio stories have formed the bulk of its "stuff-that-isn't-news" segment, which has grown into a $22m-a-quarter business, more than 7x where it was just a few years ago. If that business was a scrappy start-up, it would almost certainly be a unicorn in today's market.

Nothing will change, until it will

Wordle will initially remain free to new and existing players once it moves over to the Times’ site... the key word of course being "initially".

The agreement gives plenty of scope for the NYTimes to eventually put Wordle behind their paywall, giving them a shot at converting the game's millions of daily players into becoming NYTimes customers, and growing that "not news" business even more.

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Ford reportedly in talks to buy hybrid vehicle batteries from Chinese auto giant BYD

Detroit’s Ford and China’s BYD are said to be in ongoing talks to partner on an agreement that would see Ford buy hybrid vehicle batteries from BYD, according to reporting from The Wall Street Journal.

The report comes just days after President Trump toured a Ford factory in Michigan and implied openness to Chinese automakers coming to the US.

“If they want to come in and build a plant... that’s great, I love that,” Trump said on January 13. “Let China come in, let Japan come in.”

Last week, China’s Geely Automobile Holdings said it expects to make an announcement about expanding into the US within the next three years. Chinese carmakers currently face huge tariffs and software restrictions, effectively barring their vehicles from the US.

Ford has doubled down on hybrid vehicles amid high EV costs and the end of federal EV tax credits. The automaker is currently building a battery plant in Michigan where it plans to use tech from Chinese battery maker CATL.

“If they want to come in and build a plant... that’s great, I love that,” Trump said on January 13. “Let China come in, let Japan come in.”

Last week, China’s Geely Automobile Holdings said it expects to make an announcement about expanding into the US within the next three years. Chinese carmakers currently face huge tariffs and software restrictions, effectively barring their vehicles from the US.

Ford has doubled down on hybrid vehicles amid high EV costs and the end of federal EV tax credits. The automaker is currently building a battery plant in Michigan where it plans to use tech from Chinese battery maker CATL.

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Novo Nordisk CEO Mike Doustdar estimated that around 1.5 million US patients are using compounded versions of the company’s drugs.

Handshake

Big Pharma enters 2026 with an appetite for deals

At the JPMorgan Healthcare Conference, biotechs and Big Pharma signaled they’re primed for M&A this year, after a big year for deals in 2025.

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