News

Wataru Suzuki / Nikkei Asia: Chinese state-backed chipmaker Hygon, which makes server CPUs, calls off merger with its top shareholder and server maker Sugon; the merger was announced in May  —  SHANGHAI — Chinese chipmaker Hygon Information Technology is abandoning… Read More »Chinese state-backed chipmaker Hygon, which makes server CPUs, calls off merger with its top shareholder and server maker Sugon; the merger was announced in May (Wataru Suzuki/Nikkei Asia)

Bloomberg: Nintendo’s shares slid as much as 4.7% on December 10 to their lowest level since May, amid concerns that rising memory chip prices will erode its profit  —  Nintendo Co.’s shares slid as much as 4.7% Wednesday to their… Read More »Nintendo’s shares slid as much as 4.7% on December 10 to their lowest level since May, amid concerns that rising memory chip prices will erode its profit (Bloomberg)

The Guardian: Ofcom: UK porn traffic has now settled at a “lower level” since the start of age checks; VPN users rose to a peak of 1.4M in mid-August and now stand at 900K  —  Visitor numbers to UK’s 10… Read More »Ofcom: UK porn traffic has now settled at a “lower level” since the start of age checks; VPN users rose to a peak of 1.4M in mid-August and now stand at 900K (The Guardian)

Mark Anderson / Bloomberg: Coupang CEO Park Dae-jun resigns after the company incurred South Korea’s largest-ever data breach, in which the personal data of 30M+ people was compromised  —  Coupang Inc. Chief Executive Officer Park Dae-jun has resigned after the… Read More »Coupang CEO Park Dae-jun resigns after the company incurred South Korea’s largest-ever data breach, in which the personal data of 30M+ people was compromised (Mark Anderson/Bloomberg)

Reuters: Sources: Nvidia has privately demonstrated its unreleased location verification tech in recent months, which could show the country its chips are operating in  —  Nvidia (NVDA.O) has built location verification technology that could indicate which country its chips are… Read More »Sources: Nvidia has privately demonstrated its unreleased location verification tech in recent months, which could show the country its chips are operating in (Reuters)

Lisa Stiffler / GeekWire: Microsoft Research, Providence, and UW develop the GigaTIME AI model, aiming to perform tumor analysis in a fraction of the time and cost of existing methods  —  Pacific Northwest tech and cancer researchers are publicly releasing… Read More »Microsoft Research, Providence, and UW develop the GigaTIME AI model, aiming to perform tumor analysis in a fraction of the time and cost of existing methods (Lisa Stiffler/GeekWire)

Bloomberg: Bengaluru-based e-commerce platform Meesho opened up 54% in its stock market debut, giving the company a ~$8.4B market cap after raising ~$603M in its India IPO  —  Follow Bloomberg India on WhatsApp for exclusive content and analysis on what… Read More »Bengaluru-based e-commerce platform Meesho opened up 54% in its stock market debut, giving the company a ~$8.4B market cap after raising ~$603M in its India IPO (Bloomberg)

Danielle Popov / South China Morning Post: DEEP Robotics, a Hangzhou-based startup that builds quadruped and humanoid robots, raised a $70M Series C to expand R&D and production capacity  —  Company founder Zhu Qiuguo says the new funding would be… Read More »DEEP Robotics, a Hangzhou-based startup that builds quadruped and humanoid robots, raised a $70M Series C to expand R&D and production capacity (Danielle Popov/South China Morning Post)

Romolo Tosiani / Reuters: Stellantis partners with Estonian ride-hailing service Bolt, which serves 200M+ riders, to test Level 4 driverless vans across Europe in 2026  —  Carmaker Stellantis (STLAM.MI) is teaming up with Estonia-based ride-hailing platform Bolt to deploy driverless… Read More »Stellantis partners with Estonian ride-hailing service Bolt, which serves 200M+ riders, to test Level 4 driverless vans across Europe in 2026 (Romolo Tosiani/Reuters)

Bloomberg: Boom’s move to modify its supersonic engine to power AI data centers is another example of industrial capacity being repurposed to serve the AI supply chain  —  Hello and welcome to the newsletter, a grab bag of daily content… Read More »Boom’s move to modify its supersonic engine to power AI data centers is another example of industrial capacity being repurposed to serve the AI supply chain (Bloomberg)