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December 31, 2025, 7:40 AM
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Wall Street Journal:
Sources: Meta is buying Manus for $2B+; Manus was raising at a $2B valuation when Meta approached it; Manus CEO Xiao Hong will report to Meta COO 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
M.G. Siegler / Spyglass:
Meta just bought into the enterprise market with its Manus deal, which may eventually help it expand into cloud offerings like those of its Big Tech peers
Jeanny Yu / Bloomberg:
Chinese AI firms are leading a wave of IPOs in Hong Kong, where at least 25 companies debuted in December 2025, the busiest month for deals since November 2019  —  Chinese artificial intelligence firms are leading a wave of listings in Hong Kong, aiming to capitalize on a recent market momentum.
Sneha Kumar / Reuters:
Filing: Chinese chip designer OmniVision Integrated Circuits seeks to raise up to ~$617M in a Hong Kong IPO; HKEX: Hong Kong IPOs have raised ~$36B in 2025  —  China's OmniVision Integrated Circuits (603501.SS) aims to raise up to HK$4.80 billion ($616.94 million) in its Hong Kong listing …
More: Tech in Asia
Themis Qi / South China Morning Post:
Z.ai launches a share sale to raise ~$560M in a Hong Kong IPO at a valuation of ~$6.6B, which would make it the first LLM developer listed in Hong Kong
Kurt Wagner / Bloomberg:
Elon Musk says xAI bought a third building called “MACROHARDRR”, reportedly adjacent to Colossus 2, that will take the company's training compute to almost 2GW  —  Elon Musk's xAI is planning an expansion of its massive data center complex in Memphis, and has purchased a third building …
Wency Chen / South China Morning Post:
Sources: ByteDance plans to spend about $14B on Nvidia's AI chips in 2026, an increase of about 18% from 2025  —  Chinese unicorn's computing needs have climbed across its portfolio of popular apps, cloud unit Volcano Engine and large language models  —  ByteDance plans to spend about 100 billion yuan …
Zak Killian / Tom's Hardware:
IDC expects shipments of PCs could shrink by up to 9% YoY in 2026 due to global memory shortages, as demand from AI data centers continues to outstrip supply  —  Memory shortages are expected to have a serious impact on the PC and smartphone market. … The International Data Corporation …
Suzanne Smalley / The Record:
The US Treasury has lifted sanctions on three executives tied to spyware maker Intellexa, reversing a designation imposed by the Biden administration in 2024  —  The Treasury Department on Tuesday took three people closely affiliated with the holding company behind Predator spyware off of a sanctions list …
SoftBank Group Corp.:
SoftBank says it has completed a $22.5B investment in OpenAI, finalizing its up to $40B investment commitment announced in March and taking its stake to ~11%  —  SoftBank Group Corp. ("SBG" or the “Company") today announced that it has completed an additional investment of $22.5 billion …
Vlad Savov / Bloomberg:
Review of Samsung's Galaxy Z TriFold: sturdy but poor camera performance and has some unique design flaws that make it even less polished than regular foldables  —  Review: The $2,500 Galaxy Z TriFold is pricier than other foldables and also less polished.  —  Nearly seven years in …
Zhengdong Wang:
A reflection on AI advances in the past decade and how scaling and time-horizon trends might point to far greater capabilities in the decade ahead  —  People love to predict the future.  Back in June, Peter Thiel recounted a conversation he had with Elon Musk.
Bob Tita / Wall Street Journal:
How the AI data center boom boosted Caterpillar's power and energy unit; generator sales are up 28% YoY through Sept. 2025, after growing 22% to $7.8B in 2024  —  Sales of generators are powering the manufacturing giant's fastest-growing segment and a race to help data centers skip the grid
More: PYMNTS.com

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:40 AM ET, December 31, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Ted Johnson / Deadline:
A new filing from Nexstar in the DirecTV lawsuit says the existing restraining order freezing the Nexstar-Tegna merger could jeopardize assets of both companies

Associated Press:
A US district court judge agrees to permanently block the Trump administration from implementing an executive order to end federal funding for NPR and PBS

Minho Kim / New York Times:
A US appeals court pauses a lower-court order that would have reinstated around 1,000 Voice of America journalists and staff who had been put on paid leave

More News

Earlier Picks

Sergiu Gatlan / BleepingComputer:
Two ex-staffers of cybersecurity incident response companies Sygnia and DigitalMint plead guilty to targeting US companies in 2023's BlackCat ransomware attacks
CTech:
Sources: Nvidia is in advanced talks to acquire Tel Aviv-based AI21, which is building its own LLMs, for $2B to $3B; the deal would resemble an acquihire
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