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SaaSpocalypse Fears Grip Tech Sector; Search for Missing Mother Stalls; Speedskater Wins Gold
MILAN, February 12, 2026 – A confluence of events, ranging from turmoil in the tech sector to a stalled missing persons case and the Winter Olympics, dominated the news cycle Wednesday. Concerns about the "SaaSpocalypse" in the tech industry, the ongoing search for a missing Arizona woman, and the start of the Winter Olympics in Milan, Italy, all vied for attention.
The tech sector faced uncertainty as companies like Salesforce, Oracle, Asana, DocuSign, and Intuit experienced significant setbacks, prompting worries of a "SaaSpocalypse," according to a Fortune report. Workday co-founder Aneel Bhusri returned as CEO to address the challenges. The selloff was precipitated by factors identified by Jeffries analyst Jeffrey Favuzza, though the specific details of those factors were not provided in the source material.
Meanwhile, investigators continued to grapple with the disappearance of Nancy Guthrie, the mother of Today show host Savannah Guthrie, from her home outside Tucson, Arizona. Eleven days after her disappearance, authorities had yet to identify a suspect or a person of interest, according to a Fortune report. A potential lead, involving the detention of a person for questioning, fizzled out. Authorities had also released video footage of a masked and armed man at Guthrie's doorstep the night of her disappearance. The lack of progress has generated pressure on local and federal investigators.
In other news, the 2026 Winter Olympics in Milan saw American speedskater Jordan Stolz win gold in the men's 1000 meters. Stolz, who began speedskating at age five, realized a lifelong dream, according to an Associated Press report. The victory came after a ten-minute wait to confirm the results.
In other news, six Republican representatives defied President Trump to block Canadian tariffs, according to an NPR report. The report also noted a rise in student loan defaults.
In other news, Yale University is reviewing the conduct of a prominent computer science professor after documents revealed he recommended a student to Jeffrey Epstein. The professor, David Gelernter, who was wounded in a Unabomber attack, corresponded with Epstein on various topics, including business and art, according to a Fortune report. In an email, Gelernter described an undergraduate as a "good-looking blonde" while recommending her for a job.
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