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  • Sat Nov 29

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 (Vlad Savov/Bloomberg)

1h
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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 (Zak Killian/Tom's Hardware)

2h
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Two ex-staffers of cybersecurity incident response companies Sygnia and DigitalMint plead guilty to targeting US companies in 2023's BlackCat ransomware attacks (Sergiu Gatlan/BleepingComputer)

3h
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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 (CTech)

4h
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Zhipu 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 (Themis Qi/South China Morning Post)

5h
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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 (M.G. Siegler/Spyglass)

6h
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Sources: SoftBank has completed its $40B investment in OpenAI (Samantha Subin/CNBC)

7h
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China's draft AI rules have measures to protect kids, like time limits and parental consent, ban gambling promotion content, and add suicide chats restrictions (Osmond Chia/BBC)

8h
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Sources: Chinese AI startup MiniMax is seeking to raise $600M+ from its Hong Kong IPO, set for January 2026, and has secured Alibaba and the ADIA as backers (Bloomberg)

9h
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Sources: China is requiring chipmakers to use at least 50% domestically made equipment for adding new capacity, in a rule that is not publicly documented (Reuters)

10h
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Sources, PitchBook data, and news reports show the AI boom has produced new billionaires from smaller startups, including Perplexity, Figure AI, and SSI (Natallie Rocha/New York Times)

11h
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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" (Rafe Rosner-Uddin/Financial Times)

11h
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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 (Bloomberg)

13h
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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 (Hyunjoo Jin/Reuters)

15h
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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 (Wall Street Journal)

16h
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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" (Nikkei Asia)

18h
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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 (Nikkei Asia)

18h
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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 (Bloomberg)

19h
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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 (Youkyung Lee/Bloomberg)

19h
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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 (Wall Street Journal)

19h
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Meta says it will continue to operate and sell the Manus service, and Manus' talent will join Meta to deliver agents across Meta products, including Meta AI (Meta)

22h
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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 (Financial Times)

22h
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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+ (Bloomberg)

23h
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How diamonds are being converted to quantum sensors by inserting tiny imperfections, opening up potential uses in medicine, brain-computer interfaces, and more (Financial Times)

1d
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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 (Calder McHugh/Politico)

1d
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How Japan's viral horse racing game Umamusume, developed by Cygames, passed 30M downloads in Asia, spurring anime adaptations, concerts, and new racetrack fans (Katria Alampay/Bloomberg)

1d
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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 (Vikki Blake/Eurogamer.net)

1d
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China's SMIC plans to acquire the remaining 49% stake in its SMNC unit for ~$5.8B, making the unit wholly owned; SMNC focuses on 12" integrated circuit wafers (Reuters)

1d
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Samsung and Google partner to bring Google Photos to TizenOS-powered TVs, launching in March 2026 and showing curated memories, ahead of CES 2026 (Rajesh Pandey/Android Police)

1d
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SoftBank agrees to acquire NYSE-listed DigitalBridge, a PE firm that invests in data centers and digital infrastructure operators, for $4B, including debt (Bloomberg)

1d
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Sources detail how JD Vance, David Sacks, and others brokered a fragile truce between President Trump and Elon Musk, who threatened to fund an America Party (Washington Post)

1d
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ACCA, the world's largest accounting body, says it is ending remote exams to combat a rise in students cheating by using AI tools when taking tests (Ellesheva Kissin/Financial Times)

1d
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SEC filing: Nvidia acquires Intel shares worth $5B, carrying out a transaction announced in September, buying 214.7M shares for $23.28 each (Arsheeya Bajwa/Reuters)

1d
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China's central bank unveils an overhaul of its digital yuan framework, including saying that commercial banks will soon begin paying interest on holdings (Timmy Shen/The Block)

1d
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Coupang says it is offering $1B+ in compensation to all 33.7M customers affected by South Korea's biggest-ever data breach, after an ex-staffer accessed data (Shinhye Kang/Bloomberg)

1d
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Framework says it is raising DDR5 RAM prices to charge $10 per GB, after a price hike earlier in December due to "substantially higher costs" amid the AI boom (Emma Roth/The Verge)

1d
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PitchBook: the biggest US private startups raised $150B in 2025, surpassing the previous high of $92B in 2021, boosted by large funding rounds by AI startups (George Hammond/Financial Times)

1d
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A Kapwing study of the 15,000 top YouTube channels finds 278 of them have only posted AI-generated "slop" videos, amassing 63B+ views and 221M+ subscribers (Aisha Down/The Guardian)

1d
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Sources: SoftBank is in advanced talks to buy NYSE-listed DigitalBridge, a private equity firm that invests in data centers and digital infrastructure operators (Bloomberg)

1d
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Since the GENIUS Act's passage in July, the total value of stablecoins circulating rose from ~$250B to $300B+, as they become the "respectable" face of crypto (Joel Khalili/Wired)

1d
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Sources and a memo: the US DOJ is using a novel reading of a federal anti-fraud law to probe contractors, including Google and Verizon, over their DEI programs (Lydia Wheeler/Wall Street Journal)

1d
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In 2025, Big Tech got almost everything it wanted from President Trump, as he backs policies that let the industry grow unfettered, worrying some conservatives (Cecilia Kang/New York Times)

1d
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How tech worker activism has grown more cautious as companies crack down and once-privileged workers realize they don't have much leverage (Noam Scheiber/New York Times)

1d
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Global hotel groups are intensifying efforts to get customers to book directly, as they seek to save on online platform commissions and prepare for AI agents (Stephanie Stacey/Financial Times)

2d
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Lou Gerstner, a former IBM CEO and chairman credited with turning the company around, died at 83; IBM's market value rose from $29B to ~$168B during his tenure (Patrick Oster/Bloomberg)

2d
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How executives at humanoid robot startups like Agility Robotics and Weave Robotics are managing safety risks and tempering expectations for the technology (Sean McLain/Wall Street Journal)

2d
T

Tracxn: VC funding for Indian startups fell 17%+ YoY to $10.5B in 2025 across 1,518 deals, down ~39% YoY; AI startups raised $643M, up 4% YoY, across 100 deals (Jagmeet Singh/TechCrunch)

2d
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US data center developers, facing grid access wait times of up to seven years, are turning to aeroderivative turbines and diesel generators to power the AI boom (Martha Muir/Financial Times)

2d
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Bengaluru-based quick grocery delivery startup Zepto confidentially files for a ~$1.3B India IPO; Zepto raised $450M at a $7B valuation in October 2025 (Pranav Mukul/The Economic Times)

2d
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Ubisoft reopens Rainbow Six Siege after shutting down the server amid a breach exploiting the game's internal systems, and says the Marketplace remains closed (Lawrence Abrams/BleepingComputer)

2d
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Entries updated Dec 30, 2025 12:49:58 PM PST

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