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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: |
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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 … | 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 … | 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 … | 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.| Arsheeya Bajwa / Reuters: |
Nvidia acquires SchedMD, the developer of Slurm, an open-source AI workload management system, and says it will keep distributing Slurm on an open-source basis — Nvidia (NVDA.O) said on Monday it acquired AI software firm SchedMD, as the chip designer doubles down on open-source technology … | Ben Schoon / 9to5Google: |
Google is shutting down its dark web monitoring tool, launched in 2024 to alert users when their personal info is detected on the dark web, on February 16, 2026 — One of the lesser-known features that Google offers is a “Dark Web Report” monitoring tool, but it's about to shut down in early 2026.| Reshmi Basu / Bloomberg: |
Lidar manufacturer Luminar files for Chapter 11 bankruptcy and says it reached a deal to sell its semiconductor subsidiary to Quantum Computing Inc. for $110M — Luminar Technologies Inc, which manufactures laser-based sensors for cars, filed for bankruptcy shortly after it lost a contract with Swedish carmaker Volvo Car AB.| Andrew J. Hawkins / The Verge: |
GM is adding native Apple Music to select vehicles, and rolls out support for digital keys, after it started phasing out CarPlay in 2023 — General Motors is racing to add more native apps to make up for its decision to block Apple CarPlay and Android Auto.| Theo Wayt / The Information: |
Sources: xAI has created an enterprise AI sales group, but xAI's lack of experience in selling to big businesses is holding potential customers back — Elon Musk's xAI wants companies around the world to buy its Grok AI models as it tries to build a moneymaking business.| 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: |
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| 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 they cost, and more — Teneo's annual survey finds 68% of chief executives plan to increase AI spending in 2026 — Chief executives … | Mary Ann Azevedo / Crunchbase News: |
NY-based Octane, which offers “instant” financing for large recreational and lifestyle purchases, raised a $100M Series F at a post-money valuation of $1.3B — Octane, a startup that offers “instant” financing for large recreational and lifestyle purchases … | Bloomberg: |
How crypto entrepreneur Bill Zanker helped Trump and Melania launch memecoins; as of December 10, $TRUMP was down 92% since its peak and $MELANIA was down 99% — No one wants to claim credit for helping the first couple launch cryptocurrencies that plummeted more than 90% from their peak.| 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. … | Reuters: |
The US FTC, along with 21 states and DC, files an amended complaint against Uber, alleging deceptive billing and cancellation practices related to Uber One — The U.S. Federal Trade Commission said on Monday that the agency and 21 states, along with the District of Columbia … | 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 … | 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 …
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