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Sources: Meta is buying Manus for $2B+, after approaching the startup during a fundraising at a $2B valuation; Manus CEO Xiao Hong will report to Javier Olivan (Wall Street Journal)
2025-12-30 06:02 - https://www.techmeme.com/feed.xml
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)
2025-12-30 04:02 - https://www.techmeme.com/feed.xml
Shares of Shenzhen-based OneRobotics opened flat in their HK debut after the Chinese home robotics maker raised $210M by selling 22M+ shares at about $9.50 each (Nikkei Asia)
2025-12-30 04:02 - https://www.techmeme.com/feed.xml
Shares of Insilico rose 45% in their Hong Kong trading debut after the AI drug discovery startup raised $293M in an IPO; Insilico reported $85M+ in 2024 revenue (Bloomberg)
2025-12-30 03:02 - https://www.techmeme.com/feed.xml
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)
2025-12-30 03:02 - https://www.techmeme.com/feed.xml
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)
2025-12-30 03:02 - https://www.techmeme.com/feed.xml
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)
2025-12-30 00:02 - https://www.techmeme.com/feed.xml
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)
2025-12-30 00:02 - https://www.techmeme.com/feed.xml
Meta agrees to acquire Singapore-based startup Manus, which makes an AI agent it sells to SMBs; Manus said in December its annual revenue run rate was $125M+ (Kurt Wagner/Bloomberg)
2025-12-29 23:02 - https://www.techmeme.com/feed.xml
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)
2025-12-29 22:01 - https://www.techmeme.com/feed.xml
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)
2025-12-29 20:01 - https://www.techmeme.com/feed.xml
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)
2025-12-29 20:01 - https://www.techmeme.com/feed.xml
Michał Kiciński, co-founder of CD Projekt and DRM-free digital games store GOG, has acquired 100% of the shares in GOG from CD Projekt (Vikki Blake/Eurogamer.net)
2025-12-29 18:01 - https://www.techmeme.com/feed.xml
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)
2025-12-29 16:01 - https://www.techmeme.com/feed.xml
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)
2025-12-29 15:00 - https://www.techmeme.com/feed.xml
SoftBank agrees to acquire NYSE-listed DigitalBridge, a private equity firm that invests in data centers and digital infrastructure operators, for $4B in cash (Bloomberg)
2025-12-29 14:00 - https://www.techmeme.com/feed.xml
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)
2025-12-29 14:00 - https://www.techmeme.com/feed.xml
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)
2025-12-29 14:00 - https://www.techmeme.com/feed.xml
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)
2025-12-29 12:00 - https://www.techmeme.com/feed.xml
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)
2025-12-29 13:00 - https://www.techmeme.com/feed.xml
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