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December 15, 2025, 1:45 PM
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Bloomberg:
iRobot files for Chapter 11 bankruptcy and reaches a restructuring agreement to hand over control to its secured lender and main Chinese supplier Shenzhen Picea  —  iRobot Corp., the company that revolutionized robot vacuum cleaners in the early 2000s with its Roomba model …
Connie Loizos / TechCrunch:
A look at iRobot, founded in 1990, and its slow collapse after US and EU regulatory pressure killed Amazon's $1.7B deal in 2024 amid growing Chinese competition
Emilia David / VentureBeat:
Nvidia launches Nemotron 3, a family of AI models using a hybrid mixture-of-experts architecture and the Mamba-Transformer design, in 30B, 100B, and ~500B sizes  —  Nvidia launched the new version of its frontier models, Nemotron 3, by leaning in on a model architecture that the world's …
Arsheeya Bajwa / Reuters:
Nvidia announces it has acquired SchedMD, the developer of Slurm, an open-source workload management system for HPC and AI  —  Nvidia (NVDA.O) said on Monday it acquired AI software firm SchedMD, as the chip designer doubles down on open-source technology and steps up investments …
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 …
Natalie Alms / Nextgov/FCW:
The Trump administration launches US Tech Force to recruit ~1,000 staffers from Apple, Meta, xAI, and others for two-year stints to modernize the government  —  After pushing hundreds of thousands of government employees to leave their posts and dismantling many government technology units …
Reuters:
Internal docs: Meta earned $18B+ in annual ad sales from China in 2024, making up 10%+ of its global revenue, with $3B+ linked to fraudulent ads, like for scams  —  A Reuters investigation reveals the owner of Facebook, Instagram and Whatsapp decided to accept high levels of fraudulent advertisements from China.
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
Rose Henderson / Bloomberg:
Memo: Greg Peters and Ted Sarandos lay out Netflix's WBD offer, moving to quell concerns about job losses and the end of theater releases, after Paramount's bid  —  The two chief executive officers of Netflix Inc. laid out the company's case for acquiring Warner Bros Discovery Inc. …
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.
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.
Dan Primack / Axios:
Source: Dragoneer raised $4.3B for its seventh VC fund and now has over $30B in AUM; it raised $3.8B for its sixth private fund in 2022  —  Dragoneer has raised $4.3 billion for its seventh venture capital fund, Axios has learned. … - The San Francisco-based firm raised $3.8 billion …
Washington Post:
How David Sacks and AI adviser Sriram Krishnan overcame MAGA's opposition to Trump's AI executive order, talking to lawmakers and finally modifying its language  —  President Trump's executive order limiting states' power to regulate AI split his supporters and highlighted Silicon Valley's growing influence over his agenda.
Luke James / Tom's Hardware:
LG smart TV owners say a webOS update pinned Microsoft Copilot to the home screen, with no apparent way to remove the app; LG unveiled an AI TV strategy at CES  —  Users report Copilot appearing after a recent software update, with no option to uninstall.  —  LG smart TV owners are reporting …
Ashley Capoot / CNBC:
Thrive Holdings announces it has hired Palantir CIO Jim Siders to serve as CEO of Shield Technology Partners, a newly created business focused on IT services  —  Thrive Holdings, owned by OpenAI and Strive investor Thrive Capital, announced on Monday that it's tapped Palantir veteran Jim Siders …
More: CRN and Business Wire

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From Mediagazer

New York Times:
Sources: an Iranian-aligned militia in Iraq is seeking the release of several detained militia members in exchange for freeing journalist Shelly Kittleson

Neel Dhanesha / Nieman Lab:
Three independent journalists experiment with a 30-day bundle of their newsletters for $8.50, half the normal price, using a service called Trustfnd

Rick Porter / The Hollywood Reporter:
Netflix averaged 3M viewers for its Opening Night MLB game March 25, a bit short of NBC and Peacock's MLB broadcast the next night, with 3.2M viewers

More News

Anna Heim / TechCrunch:
Berlin-based Mirelo, whose AI models can interpret videos to add synced sound effects, raised a $41M seed led by Index Ventures and a16z, after a $3M pre-seed

Earlier Picks

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
Brian Merchant / Blood in the Machine:
Interviews with copywriters on generative AI's impact: their work used for training, layoffs, wages and rates in free fall, freelancers losing clients, and more
New York Times:
Investigation: after Trump returned to the White House, the SEC eased up on or dismissed 60%+ of ongoing crypto cases, including ones about Trump-tied companies
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