Tech

Source: Tencent tells staff that Yao Shunyu, an ex-OpenAI researcher who joined in September, is now its chief AI scientist, reporting to President Martin Lau (www.theinformation.com)
2025-12-17 AI Tencent

Sources: 6+ Chinese AI companies, including chip firms Montage and GigaDevice, are set to go public in Hong Kong in the coming weeks, aiming to raise up to $1B (www.bloomberg.com)
2025-12-17 China Hong Kong AI

Bengaluru-based e-commerce platform Meesho is up 95% from its IPO offer price, valuing it at nearly $11B and making it India's best-performing major IPO of 2025 (www.bloomberg.com)
2025-12-17 India IPO

Sensor Tower: ChatGPT had 73M DAUs in India as of last week, up 607% YoY and more than double the US, boosted by its free plans, far above Gemini's 17M DAUs (www.reuters.com)
2025-12-17 India Sensor

Senators Count the Shady Ways Data Centers Pass Energy Costs On To Americans (hardware.slashdot.org)
2025-12-17 U.S. Energy

Crypto exchange HashKey closed flat in its Hong Kong debut, after rising as much as 6.6% before falling 8.4% intraday, amid a weakness in digital assets (www.reuters.com)
2025-12-17 Hong Kong Asset

Monzo receives an Irish banking license, allowing the London-based digital lender to offer current and savings accounts across the EU (www.bloomberg.com)
2025-12-17 London

Ankar, which develops LLM-powered AI tools to streamline the process of drafting patent applications for patent attorneys, raised a $20M Series A led by Atomico (fortune.com)
2025-12-17 AI

Sources: top Monzo shareholders, including Accel and Iconiq, are pushing to oust the fintech's Chair Gary Hoffman after the surprise departure of CEO TS Anil (www.ft.com)
2025-12-17 Fintech

Dune and Keyrock: bets placed on prediction markets rose from <$100M per month in early 2024 to $13B per month in November, as Polymarket and Kalshi compete (www.ft.com)
2025-12-17

Bhutan unveils a pledge of up to 10,000 bitcoin to develop Gelephu Mindfulness City; Arkham says Bhutan holds 5,984 bitcoin, ranking 7th among sovereign holders (decrypt.co)
2025-12-17 Bitcoin

Berlin-based Trade Republic says early investors will sell €1.2B of shares to Sequoia and others at a €12.5B valuation, becoming Germany's most valuable startup (www.ft.com)
2025-12-17 Germany Startup

The Marshall Islands unveils a national UBI scheme that offers payments of ~$200 per quarter to every resident citizen via stablecoin or traditional currency (www.theguardian.com)
2025-12-17

More than 500 writers, actors, and technologists launch the Creators Coalition on AI to push standards for how AI is trained and used across creative industries (www.hollywoodreporter.com)
2025-12-17 AI

TeamLease Digital: Global Capability Centers in India have grown tech headcount to ~2M from 1.2M in 2022, rising 18%-27% YoY, compared to 4%-6% at IT companies (economictimes.indiatimes.com)
2025-12-17 India

Sources: Disney has been hesitant to license its IP to Roblox because it doesn't consider it a safe platform, bucking the trend followed by Netflix and others (variety.com)
2025-12-17 Netflix

The Arctic Is in Dire Straits, 20 Years of Reporting Show (news.slashdot.org)
2025-12-17

Customer engagement service MoEngage raised $180M in a follow-on Series F, split into a $57M primary and $123M secondary round, weeks after raising $100M (techcrunch.com)
2025-12-17

Shares of Super Bank Indonesia, a Grab-backed digital lender, rose by 24% during their stock market debut in Jakarta, after the company raised ~$168M in its IPO (asia.nikkei.com)
2025-12-17 IPO Indonesia

Sources detail Mark Zuckerberg's all-in bet to make Meta an AI leader, with some saying Alexandr Wang finds Zuckerberg's micromanagement of AI work suffocating (www.ft.com)
2025-12-17 AI Zuckerberg

Meta is partnering with Singapore-based K-ID to add its AgeKey age-verification tech to Meta apps, with plans to roll it out across multiple countries in 2026 (www.ft.com)
2025-12-17 Singapore

Chinese AI chipmaker MetaX's shares jumped up to 755% in its Shanghai debut after a heavily oversubscribed $585.5M IPO, pushing its market cap past $42B (www.bloomberg.com)
2025-12-17 China IPO AI Shanghai

Adaptive Security, which uses AI to simulate social engineering attacks and help companies prevent them, raised an $81M Series B led by Bain Capital Ventures (www.axios.com)
2025-12-17 AI

Breach At South Korea's Equivalent of Amazon Exposed Data of Almost Every Adult (yro.slashdot.org)
2025-12-17 Korea Amazon

Sources: Amazon is in talks to invest $10B+ in OpenAI at a $500B+ valuation, with OpenAI using AWS Trainium chips; Microsoft keeps rights to sell OpenAI models (www.theinformation.com)
2025-12-17 Amazon Microsoft

Sources: Apple is in preliminary talks with India's CG Semi, which offers chip assembly and testing services, to assemble and package chips for the iPhone (economictimes.indiatimes.com)
2025-12-17 India iPhone Apple

EU Moves To Ease 2035 Ban On Internal Combustion Cars (tech.slashdot.org)
2025-12-17 Ban

Meta Tolerates Rampant Ad Fraud From China To Safeguard Billions In Revenue (meta.slashdot.org)
2025-12-17 China

Sources: New York-based data security startup Cyera is raising $400M led by Blackstone, valuing the company at $9B, up from $6B in June (www.wsj.com)
2025-12-17 Startup New York

California DMV says a California administrative law judge recently ruled Tesla engaged in deceptive marketing around its Autopilot and Full Self-Driving systems (www.cnbc.com)
2025-12-17 Tesla California

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