| 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 … | 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.| Financial Times: |
DTCC: credit default swaps tied to a handful of US tech groups have climbed 90% since early September, as investors seek ways to protect against an AI debt bust — Trading in insurance-like products that protect against tech company defaults is booming — Trading in products that pay … | Martin Peers / The Information: |
| 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.| Financial Times: |
Sources: the UK government wants Apple, Google, and others to block explicit images at the OS level by default to protect kids and have adults verify their ages — Home Office expected to encourage companies to introduce controls — The UK government wants technology companies … | 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.| 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 … | Bloomberg: |
Analysis: Tata, Infosys, and Cognizant are set to bear the brunt of Trump's $100K H-1B fee; from 2020 to 2024, 93% of Infosys' H-1B hires would have had to pay — Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.| Caroline Hyde / Bloomberg: |
AI drug discovery startup Chai Discovery raised a $130M Series B led by Oak HC/FT and General Catalyst at a $1.3B valuation, taking its total funding to $225M — Chai Discovery, an artificial intelligence drug-discovery company backed by OpenAI, has raised $130 million to build a “computer-aided design suite” for molecules.| Anna Heim / TechCrunch: |
Berlin-based Mirelo, whose AI models can interpret video content to add matching sound effects, raised a $41M seed led by Index and a16z, after a $3M pre-seed — AI lets anyone create videos, but many AI video creation tools lack support for audio. Mirelo is building AI that adds soundtracks to match the video's action.| Ben Glickman / Wall Street Journal: |
Teneo survey of 350 public-company CEOs: 68% plan to spend more on AI in 2026 than in 2025, <50% of AI projects generated more returns than their cost, and more — Teneo's annual survey finds 68% of chief executives plan to increase AI spending in 2026 — Chief executives … | 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.| Naomi Nix / Washington Post: |
Tech whistleblowers like Yaël Eisenstat say coming forward has unexpectedly derailed their lives and careers; Meta is in litigation with Sarah Wynn-Williams — By exposing the harms of Big Tech, many whistleblowers say they faced poorer job prospects and professional exile in Silicon Valley.
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| Corrie Driebusch / Wall Street Journal: |