| Bloomberg: |
Meta agrees to acquire Singapore-based startup Manus, which makes an AI agent for SMBs; Manus said earlier in December its annual revenue run rate was $125M+ — Meta Platforms Inc. has agreed to acquire Singapore-based startup Manus, adding a popular artificial intelligence agent to its effort … | Meta: |
| Wall Street Journal: |
Sources: Meta is buying Manus for $2B+, after approaching the startup during a fundraising at a $2B valuation; Manus CEO Xiao Hong will report to Javier Olivan — The deal for more than $2 billion is one of the first in which a major U.S. tech company has bought a startup with Chinese roots| Nikkei Asia: |
Meta says Manus, initially based in Beijing and Wuhan, will cut Chinese investor ties after the deal and “will discontinue its services and operations in China” — PALO ALTO, California/HONG KONG — Meta says it will acquire AI startup Manus and that the Singapore-based company … | Youkyung Lee / Bloomberg: |
Samsung, up 125%, and SK Hynix, up 268%, accounted for nearly half of the 76% gain in South Korea's Kospi, the world's best-performing major stock index in 2025 — South Korea's stock market renaissance in 2025 was one for the history books. Buoyed by world-beating gains in arms exporters … | Wall Street Journal: |
Driven by the AI boom, chipmakers posted $400B+ in sales in 2025; FactSet projects revenue for Nvidia, Intel, Broadcom, AMD, and Qualcomm to reach $538B in 2026 — Nvidia leads the pack, but faces increasing competition and supply-chain challenges — Driven by the explosive growth … | Vikki Blake / Eurogamer.net: |
Michał Kiciński, co-founder of CD Projekt and DRM-free digital games store GOG, acquires 100% ownership of GOG from CD Projekt and signs a distribution deal — A-GOG. — Michał Kiciński, co-founder of CD Projekt, has acquired 100 percent ownership of GOG, the DRM-free digital games store.| Financial Times: |
UK-based Octopus Energy reaches a deal to sell about $1B of equity in Kraken Technologies, its tech spin-off, at an $8.65B valuation to a syndicate of investors — Investors including D1 Capital Partners, Fidelity and Ontario Teachers' Pension Plan to purchase $1bn in equity| Bloomberg: |
AI drug discovery startup Insilico rose 45% in its Hong Kong trading debut after raising $293M in an IPO; Insilico reported $85M+ in 2024 revenue — Insilico Medicine Cayman TopCo shares rose on their trading debut in Hong Kong after raising $293 million in an initial public offering.| Rafe Rosner-Uddin / Financial Times: |
Sources: Satya Nadella is focused on the increasing AI competition from Amazon and Google; Microsoft Deputy CTO Dee Templeton says Nadella is in “founder mode” — Software giant faces intense competition from Alphabet, Amazon and start-ups — Satya Nadella has overhauled … | Bloomberg: |
Fast delivery apps like Blinkit, Zepto, and Swiggy are expanding into India's Tier 2 and Tier 3 cities, driven by rising incomes and cheap smartphones and data — Cheap data, new logistics and mobile-first platforms are expanding consumption far beyond India's urban elite.| Calder McHugh / Politico: |
A look at the rift in the Democratic party over AI and data centers, as pro-business Democrats oppose the fiery, anti-AI politics of the progressive wing — It's become a common occurrence: Michigan Gov. Gretchen Whitmer posts a light-hearted video on social media.| Hyunjoo Jin / Reuters: |
Sources: the US has granted an annual license to Samsung and SK Hynix to ship their chip manufacturing equipment to their facilities in China for 2026 — The U.S. government has granted an annual licence to Samsung Electronics (005930.KS) and SK Hynix (000660.KS) to bring in chip manufacturing equipment … | Nikkei Asia: |
Shenzhen-based OneRobotics opened flat in its Hong Kong debut after the Chinese home robotics maker raised $210M by selling 22M+ shares at about $9.50 each — HONG KONG — Shares of OneRobotics opened flat on Tuesday in their trading debut after the Chinese household robotics maker raised …
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