Fleet management software provider Motive files for a US IPO, reporting a $138.5M net loss on $327.3M in revenue for the nine months ended September 30 (Prakhar Srivastava/Reuters) https://www.reuters.com/technology/motive-technologies-files-us-ipo-2025-12-23/
The US is imposing visa restrictions on five Europeans, including Thierry Breton, accusing them of pressuring US tech companies to censor certain US viewpoints (Fatima Hussein/Associated Press)
Marissa Mayer's new startup Dazzle, which is building next-gen AI personal assistants, raised an $8M seed at a $35M valuation and plans to exit stealth in 2026 (Marina Temkin/TechCrunch)
A federal judge grants a temporary injunction blocking a Texas law requiring mobile app stores to verify users' ages from taking effect on January 1 (Lauren Feiner/The Verge)
Xbox had a terrible 2025: Microsoft canceled games and raised console and Game Pass prices, Costco stopped selling Xbox, and Valve's Steam Machine upstaged it (Devindra Hardawar/Engadget)
Lemon Slice, which launched a 20B-parameter model that creates digital avatars for AI agents, streaming video at 20 FPS on a single GPU, raised a $10.5M seed (Ivan Mehta/TechCrunch)
France's La Poste says it has suffered a suspected DDoS attack in "a major network incident" on Monday, which disrupted its postal and banking services (Lorenzo Franceschi-Bicchierai/TechCrunch)
The US says China is engaging in unfair trade practices in the chip sector, but holds off on imposing additional tariffs on chip imports at least until mid-2027 (Jordan Fabian/Bloomberg Law)
ServiceNow agrees to acquire cybersecurity startup Armis for $7.75B, set to close in H2 2026, pending approvals; Insight acquired Armis in a $1.1B deal in 2020 (Bloomberg)
Brett Harrison, the former president of FTX US, raised $35M for his new global exchange AX, which offers perpetual futures, a source says at a $187M valuation (Yueqi Yang/The Information) https://www.theinformation.com/briefings/former-ftx-head-raises-35-million-new-exchange