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Techmeme

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)

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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)

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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)

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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)

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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 (Themis Qi/South China Morning Post)

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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)

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

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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)

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Sources: MiniMax has secured backing from Alibaba and the Abu Dhabi Investment Authority, among others, for its upcoming Hong Kong IPO in January (Bloomberg)

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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)

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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)

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Sources: Satya Nadella has overhauled Microsoft's senior leadership this year as the company faces intense competition from Google, Amazon, and others (Rafe Rosner-Uddin/Financial Times)

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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)

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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)

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