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December 15, 2025, 5:45 AM
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memeorandum
WeSmirchTop News
| Bloomberg: |
iRobot files for Chapter 11 bankruptcy after reaching a restructuring agreement to hand control to secured lender and key Chinese supplier Shenzhen Picea — iRobot Corp., the company that revolutionized robot vacuum cleaners in the early 2000s with its Roomba model, filed for bankruptcy …
More: Benzinga, Engadget, Silicon Republic, iRobot Corporation, Financial Times, Business Today, Newsweek, The Verge, Moneycontrol, Mashable, Business Insider, Reuters, Dow Jones Newswires, Wall Street Journal, Tech Times, BBC, BelfastTelegraph.co.uk, and TechNode
X: @0xgeegee, @boringbiz_, @storagezilla, and @alecstapp
Bluesky: @tyleraking.com, @heridesbikes.com, @carnage4life, and @curvenomics
Forums: r/RobotVacuums and r/technology
| Connie Loizos / TechCrunch: |
A look at iRobot, founded in 1990, and its slow collapse after US regulatory pressure killed Amazon's $1.7B deal in 2024 amid increased Chinese competition — There's something painfully American about the arc of iRobot, the company that taught your vacuum to navigate around the furniture.
More: The Verge. X: @ljkawa, @bryanrbeal, @compound248, @radbackwards, @volvoshine, and @joecarlsonshow. Bluesky: @pyperkub
Forums: Hacker News and r/gadgets
| Brian Merchant / Blood in the Machine: |
Interviews with copywriters on generative AI's impact: job losses to AI, work used for training, falling wages and rates, freelancers losing clients, and more — Copywriters were one of the first to have their jobs targeted by AI firms. These are their stories, three years into the AI era.
More: Simon Willison's Weblog. Bluesky: @jessimckenzi, @bcmerchant, and @carnage4life
Mastodon: @baldur@toot.cafe and @remixtures@tldr.nettime.org
Forums: Hacker News and Beehaw
| Mike Baker / New York Times: |
US volunteer fire departments are scrambling to find software amid shrinking options and higher costs, as companies backed by private equity dominate the market — Rural departments have long relied on cheap software solutions to keep their operations running.| New York Times: |
Investigation: after Trump's return to office, the SEC eased up on or dismissed 60%+ of ongoing crypto cases, including ones involving Trump-linked companies — A cryptocurrency firm run by the billionaire Winklevoss twins was facing a punishing federal lawsuit.
More: Coinpedia Fintech News, BeInCrypto, CoinGape, New York Times, and Crypto Briefing
Bluesky: @rmac, @anneapplebaum, @mattpeterson, @hfgarcia, and @aramsinn
Forums: r/law and r/politics
| Washington Post: |
How David Sacks and AI adviser Sriram Krishnan overcame the opposition to Trump's AI EO, reaching out to lawmakers and finally modifying the text of the order — President Trump's executive order limiting states' power to regulate AI split his supporters and highlighted Silicon Valley's growing influence over his agenda.| Mike Masnick / Techdirt: |
X: @mikenelson, @armanddoma, and @daniel_271828
Bluesky: @carnage4life, @techdirt.com, and @jmiers230
Mastodon: @BrideOfLinux@mastodon …, @PrivacyDigest@mas.to, and @rpardee@hachyderm.io. Forums: r/politics
| Bloomberg: |
An interview with Marcos Galperin, CEO of MercadoLibre, which has a $105B market cap, on his upcoming resignation, MercadoLibre's rivalry with Amazon, and more — MercadoLibre's Marcos Galperin will hand over the CEO title, but he still has a lot of ideas for the business.
LinkedIn: Brad Stone and Patrick Gillespie
| Lauren Edmonds / Business Insider: |
Filing: Reddit says in its lawsuit against Australia's social media ban that it is “a collection of public fora” and social interaction isn't its “sole purpose” — - Australia is now barring children under 16 from creating or maintaining social media accounts.| John Reynolds / Tech.eu: |
London-based PolyAI, which makes call center AI voice assistants, raised an $86M Series D led by Georgian, Hedosophia, and Khosla, after raising $50M in 2024 — PolyAI says it will use the funds to improve its AI tech as it looks to increase its enterprise customer base.
More: Sifted, FinSMEs, EU-Startups, UKTN, and Tech Funding News
| Martin Peers / The Information: |
Filing: Oracle signed ~$150B of data center leases in the three months ending November 30, raising its total data center and cloud capacity commitments to $248B — Oracle struck about $150 billion worth of lease commitments on data centers in the three months ending November …
| Allison Johnson / The Verge: |
AI image generators like Nano Banana have increased realism by mimicking phone camera traits in contrast, exposure, and sharpening to avoid the uncanny valley — Remember the early days of AI image generation? Oh how we laughed when our prompts resulted in people with too many fingers … | Financial Times: |
How Nvidia's lobbying efforts grew after Howard Lutnick brokered Jensen Huang's access to Trump, ending with the president's approval of the H200 sales to China — Nvidia chief scores huge victory with the decision to allow AI chip exports to China — Jensen Huang, once almost unknown in Washington … | Corrie Driebusch / Wall Street Journal: |
A look at the efforts to open private markets, where shares of startups like OpenAI trade, to small investors, and the opportunities and risks they bring — The buzziest private companies are being sold to a select few as the universe of stocks everyone else can invest in shrinks rapidly
LinkedIn: Nick Morgan. Bluesky: @seanhodgdon.com, @bottleofstars, @c0up, and @trashpitz
Forums: r/StockMarket and r/Bogleheads
| Angus Berwick / Wall Street Journal: |
How the UAE's growing interest in crypto drew Michael Saylor, Changpeng Zhao, and other executives to Abu Dhabi, hoping to secure deals with Emirati investors — At flurry of events, executives hoped to secure deals with deep-pocketed Emirati investors who could inject fresh vigor into the industry
More: Dow Jones Newswires
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