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December 14, 2025, 9:50 PM
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memeorandum
WeSmirchTop News
| Bloomberg: |
iRobot files for Chapter 11 bankruptcy after reaching a restructuring support agreement to hand control to its secured lender and key supplier, Shenzhen Picea — iRobot Corp. filed for bankruptcy after reaching a restructuring support agreement that will hand control of the consumer robot maker …
More: TechCrunch, MarketWatch, iRobot Corporation, and Reuters
Forums: Hacker News, r/RobotVacuums, and r/technology
| Wall Street Journal: |
Sources: OpenAI told staff it was ending the six-month “vesting cliff” that required new employees to work for at least six months before their equity vests — Maker of ChatGPT and its competitor xAI have relaxed restrictions meant to keep new hires from leaving in the midst of a fierce talent war
More: Benzinga, The Information, Bloomberg, and The Decoder
X: @robleathern, @tahaahmed, @thedealdirector, @brij, @conorsen, and @jasonlk. LinkedIn: Meghan Bobrowsky. Bluesky: @hayseedcapital.com. Forums: r/BetterOffline
| 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
Bluesky: @seanhodgdon.com, @bottleofstars, @c0up, and @trashpitz
Forums: r/StockMarket and r/Bogleheads
| 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
| Bloomberg: |
Sources: ServiceNow is in advanced talks to buy Armis, which helps businesses secure and manage IoT devices, in a deal that may value Armis at as much as $7B — ServiceNow Inc. is in advanced talks to buy the cybersecurity startup Armis in a deal that may be valued at as much as $7 billion …
More: The Information, CNBC, SiliconANGLE, The Times of Israel, Tech in Asia, Globes, iTnews, and Bloomberg Law
X: @tanayj, @petrikhammar, @samsolid57, @willccbb, and @rngould
| Ralph Jones / The Guardian: |
How Skövde, a small Swedish city of 58,000, built a local video game ecosystem via a degree for game developers at University of Skövde and a startup incubator — It started with a goat. Now - via a degree for developers and an incubator for startups - the tiny city is churning out world-famous video game hits.| Angus Berwick / Wall Street Journal: |
How UAE's growing interest in crypto drew Michael Saylor, Changpeng Zhao and other crypto 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
| Will McCurdy / PCMag: |
Amazon rolls out Ask This Book to the Kindle iOS app, letting readers ask questions about plot or characters; authors can't opt out — Whether you're reading dense, challenging 19th-century classics or the latest thriller, sometimes even the best readers lose track of what's actually going on …
More: Reactor, The Indian Express, Engadget, Good e-Reader, About Amazon, TechRadar, and Publishers Lunch
Bluesky: @anthropunk, @nikhilodeon, @quinnypig.com, @kat.lol, @quinnypig.com, @stuwert, @samruo, @amethyst.systems, @carnage4life, @nicholaskaufmann, @martynpedler.com, @jetjocko, @nicholaskaufmann, @oisinmcgann, and @hypervisible.blacksky.app. Mastodon: @dsilverman@mastodon.social
Forums: Hacker News, r/books, and Slashdot
| Kieran Smith / Financial Times: |
Delivery Hero Chair Kristin Skogen Lund backs CEO Niklas Östberg as the group explores asset sales amid shareholder pressure over its falling stock price — Founder Östberg retains board support even as German food group explores routes to revive shares
Bluesky: @quinnypig.com
| Mike Butcher / Pathfounders: |
Solve Intelligence, which offers generative AI tools to law firms for IP and patent law work, raised a $40M Series B, bringing its total funding to $55M — With most intellectual property or patent law work done with spreadsheets, docs, and PDFs, this is a ripe arena for generative AI …
More: Solve Intelligence, Silicon Republic, Tech Funding News, Law360, Artificial Lawyer, and Sifted. Bluesky: @prietschka
| Mike Masnick / Techdirt: |
A look at Trump's AI EO and how its interstate commerce argument could backfire by invalidating laws in GOP states targeting “Big Tech censorship” — The mainstream media just failed a basic civics test so badly that you'd think their brains have been pickled by the kinds of folks …
More: Ars Technica and naked capitalism
X: @armanddoma, @daniel_271828, and @mikenelson
Bluesky: @carnage4life, @techdirt.com, and @jmiers230
Mastodon: @BrideOfLinux@mastodon …, @PrivacyDigest@mas.to, and @rpardee@hachyderm.io
Forums: r/politics and r/esist
| Bloomberg: |
A profile of ASML, Europe's most valuable company, as it prepares for a transition to High NA EUV, with high-volume manufacturing expected in 2027 and 2028 — The Dutch company's machines are needed to make the AI chips that power ChatGPT and other models — When Christophe Fouquet interviewed … | New York Times: |
Crypto casinos have become online gambling havens for teens and problem gamblers, propped up by operators who turn social media influencers into recruiters — Produced by Leo Dominguez and Rumsey Taylor — David and many people like him — young and chronically online …
More: Futurism, al.com, and New York Post
X: @arictoler, @arictoler, @snlyngaas, @jennyvrentas, @arictoler, @arictoler, @arictoler, @_neilbedi, @arictoler, @arictoler, @arictoler, @arictoler, and @arictoler. Forums: r/LivestreamFail
| Krysta Escobar / CNBC: |
Esusu, which offers a rent reporting API used by Zillow, banks, and others to help renters build credit scores, raised a $50M Series C at a $1.2B valuation — Esusu, a fintech platform that helps renters build credit scores, has raised $50 million in a Series C funding round at a $1.2 billion valuation.
LinkedIn: Esusu, Jenna Anita Nicholas, and Evan Leaphart
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