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Sun Dec 14
Google sues data scraping company SerpApi, alleging it used millions of fake search requests to access copyrighted content and sold it to third parties (Blake Brittain/Reuters)
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Source: Sam Altman's Merge Labs, which seeks to read brain activity using ultrasound, is being spun out of LA-based nonprofit Forest Neurotech (Emily Mullin/Wired)
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Neural Concept, whose 3D product design software uses deep learning to help cut development times, raised a $100M Series C, bringing its total funding to $130M (Chris Metinko/Axios)
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Netflix acquires avatar creation platform Ready Player Me to let its subscribers carry their personas and fandoms across games; the startup raised $72M (Sarah Perez/TechCrunch)
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A Paris court rejects a French government request to suspend Shein in the country after finding illegal weapons and child-like sex dolls for sale on the site (Associated Press)
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The TikTok deal is the worst of all possible outcomes, shifting ownership of TikTok to Trump's allies, while maintaining the supposed problematic links to China (Karl Bode/Techdirt)
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Cursor-developer Anysphere acquires code review startup Graphite and says Graphite will continue operating as an independent product (Beatrice Nolan/Fortune)
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Sources: ByteDance is on track for ~$50B profit in 2025 after generating a ~$40B net income in the first three quarters, surpassing its internal target for 2025 (Bloomberg)
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Boston-based Neurable, which builds an OS for brain-computer interfaces, raised a $35M Series A led by Spectrum Moonshot Fund, bringing its total raised to $65M (Brock E.W. Turner/Axios)
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Google Cloud and Palo Alto Networks strike a deal that a source says is Google Cloud's largest security services deal "approaching $10B" over several years (Kenrick Cai/Reuters)
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Memo: TikTok CEO Shou Zi Chew says ByteDance's US entities will retain direct control over core US revenue drivers, including ecommerce, ads, and marketing (Financial Times)
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Sources: Google has formed a new executive council to allocate computing capacity given a critical shortage; members include Thomas Kurian and Demis Hassabis (Erin Woo/The Information)
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Sources: China is retrofitting older models of ASML's DUV machines to produce advanced smartphone and AI chips, exposing cracks in US-led export controls (Eleanor Olcott/Financial Times)
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DraftKings launches DraftKings Predictions, a new app that lets customers in 38 states trade contracts on sports and financial events through prediction markets (Ira Boudway/Bloomberg)
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Denmark says Russia was behind "destructive and disruptive" cyberattacks on a water utility in 2024 and DDoS attacks in the lead-up to local November elections (Miranda Bryant/The Guardian)
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Sources: The Chan Zuckerberg Initiative cuts ties with FWD.us, an immigration advocacy group founded by Mark Zuckerberg, eliminating FWD.us' main funding source (Bloomberg)
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Coinbase sues Connecticut, Illinois and Michigan over state attempts to regulate prediction markets, arguing that they fall under the jurisdiction of the CFTC (Olga Kharif/Bloomberg)
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Sources: UK officials believe China was behind the October cyber attack on the UK's Foreign Office, which aimed to access tens of thousands of sensitive files (Financial Times)
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Meta's head of Threads Connor Hayes says that fediverse compatibility isn't a priority for its current roadmap, but it is something that it's "maintaining" (Alex Heath/Sources)
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Samsung unveils the Exynos 2600, the world's first smartphone SoC built on a 2nm Gate-All-Around process, expected to power some Galaxy S26 and S26 Plus models (Adamya Sharma/Android Authority)
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The administrator winding down Do Kwon's Terraform Labs sues Jump Trading for $4B, alleging it unlawfully profited from and contributed to Terraform's collapse (Vicky Ge Huang/Wall Street Journal)
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Trump signs the annual defense bill with provisions authorizing the president to screen and restrict US financing of Chinese tech companies (Anvee Bhutani/Wall Street Journal)
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Q&A with Sam Altman on OpenAI's "code red" call, enterprise strategy, product ambitions, IPO plans, ChatGPT's personalization plans, and more (Alex Kantrowitz/Big Technology)
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The US Senate confirms FDIC acting chairman Travis Hill to lead the agency, which regulates stablecoin issuers and impacts how the crypto industry is banked (Jesse Hamilton/CoinDesk)
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The US Senate confirms Trump pick Michael Selig as chairman of the CFTC, as lawmakers consider legislation to give the agency more control over digital assets (Lydia Beyoud/Bloomberg)
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US approving Nvidia H200 exports to China is based on the idea that Huawei is a viable competitor, but data shows the gap between Nvidia and Huawei is widening (Chris McGuire/Council on Foreign ...)
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Sources: Riot Games is working on a major overhaul of League of Legends, internally called League Next, for 2027; Riot confirms a big update is in the works (Cecilia D'Anastasio/Bloomberg)
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Pennsylvania's Supreme Court rules that police can get Google search data without a warrant; an expert warns it may encourage warrantless searches nationwide (Suzanne Smalley/The Record)
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Mistral launches Mistral OCR 3, featuring improvements in processing forms, scanned documents, complex tables, and handwriting, priced at $2 per 1,000 pages (Mistral AI)
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Memo: the TikTok US deal is set to close on Jan. 22; terms include retraining the recommendation algorithm on US user data and Oracle overseeing data protection (Alex Weprin/The Hollywood Reporter)
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Internal memo: TikTok has signed a deal to sell its US unit; Oracle, Silver Lake, MGX will collectively own 45% of the US entity, and ByteDance will retain ~20% (Sara Fischer/Axios)
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Sources: OpenAI's new fundraising round could value it at as much as $830B; it aims to raise up to $100B and complete the round by the end of Q1 at the earliest (Wall Street Journal)
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Sources: Meta is developing a new image and video-focused AI model codenamed Mango, expected to be released in H1 2026 along with its new LLM dubbed Avocado (Meghan Bobrowsky/Wall Street Journal)
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France charges a crew member of an Italian passenger ferry for allegedly infecting the ship with a remote access tool on behalf of a foreign power (Sergiu Gatlan/BleepingComputer)
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YouTube terminates Screen Culture and KH Studio, two large channels that used AI to create fake movie trailers; the platform earlier suspended the channels' ads (Jake Kanter/Deadline)
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In an experiment, Claude ran a vending machine in the WSJ newsroom and lost $1,000+ after it dropped prices to zero, gave away a free PlayStation, and more (Joanna Stern/Wall Street Journal)
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Sources: Salient, which uses AI to automate loan servicing, raised $10M following a $60M Series A in June, pushing its valuation to ~$500M; its ARR hit $25M (Lily Mae Lazarus/Fortune)
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Instacart will pay $60M to settle FTC allegations that it used deceptive tactics in its subscription signup and "satisfaction guarantee" advertising (Annie Palmer/CNBC)
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Amazon rolls out Alexa+ on the web to early access users, with chat functionality, smart home controls, file management, and cross-device conversations (Todd Bishop/GeekWire)
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Sources: Armadin, launched by Mandiant's founder Kevin Mandia to fight AI hacking, raised a $24M seed and is in talks to raise $100M+ at a $600M+ valuation (Wall Street Journal)
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OpenAI releases GPT‑5.2-Codex, with improvements on long-horizon work through context compaction, stronger performance on large code changes, and more (OpenAI)
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Twenty-four companies, including Microsoft, Google, Nvidia, OpenAI, and AWS, join the US Genesis Mission to boost the use of AI for scientific discovery (Courtney Subramanian/Bloomberg)
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Netflix hires ESPN anchor Elle Duncan as its first on-air sports host in a multiyear deal; Duncan will also cover other live events for the company (Todd Spangler/Variety)
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Nirvana, which uses real-time driving telematics to build insurance policies for truckers, raised a $100M Series D at a $1.5B valuation, up from $830M in March (Mary Ann Azevedo/Crunchbase News)
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Anthropic launches Agent Skills as an open standard with a specification and SDK, and says VS Code, GitHub, Cursor, Goose, and others already support the format (Michael Nuñez/VentureBeat)
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Sources describe tensions between OpenAI's research and ChatGPT product groups, leading to the "code red"; OpenAI is set to beat its 2025 revenue goal of $13B (The Information)
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Edison, which last month released AI tool Kosmos to speed up and automate complex scientific hypothesis generation, raised $70M at a $250M valuation (Rachel Metz/Bloomberg)
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Rivian launches Universal Hands-Free driving for second-generation R1 EVs, expanding coverage from 135,000 highway miles to 3.5M+ miles across the US and Canada (Sean O'Kane/TechCrunch)
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Endra, whose AI tools automate mechanical, electrical, and plumbing design for commercial buildings, raised a $20M seed led by Notion (Jeremy Kahn/Fortune)
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Luma AI launches Ray3 Modify, which allows users to modify existing footage by providing character reference images; users can also define start and end frames (Ivan Mehta/TechCrunch)
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