Chinese chipmaker GigaDevice rose 54% in its Hong Kong debut after raising ~$600M in its IPO, and reported H1 2025 profit of ~$84M, up 14% from H2 2024 (Bloomberg) https://www.bloomberg.com/news/articles/2026-01-12/gigadevice-set-for-hong-kong-debut-after-600-million-offering
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Chinese chipmaker GigaDevice
From Bloomberg. View the full context on Techmeme.
Nvidia denies that it asked Chinese customers to pay upfront for H200 chips, saying it "would never require customers to pay for products they do not receive" (Reuters) https://www.reuters.com/world/china/nvidia-says-no-upfront-payment-needed-its-h200-chips-2026-01-13/
Techmeme
Nvidia denies requiring Chinese customers to pay upfront for its H200 chips, saying it “would never require customers to pay for products they do not receive”
From Reuters. View the full context on Techmeme.
A late-2025 amendment to California's wealth tax proposal treats founder control as ownership, a move that could end founder-controlled startups in the state (Mike Solana/Pirate Wires)
California's Tech Industry Kill Switch
it’s not a tax on “wealth,” the union’s ballot prop is designed to target the very
Techmeme
A late-November 2025 amendment to California
By Mike Solana / Pirate Wires. View the full context on Techmeme.
SK Hynix will invest ~$12.9B to build an advanced chip packaging plant in South Korea to meet rising memory chip demand, targeting completion by the end of 2027 (Reuters) https://www.reuters.com/world/asia-pacific/sk-hynix-invest-nearly-13-bln-chip-packaging-plant-south-korea-2026-01-13/
Techmeme
SK Hynix says it will invest ~$12.9B to build an advanced chip packaging plant in South Korea to meet rising memory chip demand, set to open by the end of 2027
From Reuters. View the full context on Techmeme.
Trump says Microsoft will "ensure" Americans don't face higher bills due to data centers' power use and Big Tech must "pay their own way" for their data centers (Business Insider)
Business Insider
Trump says that Microsoft will 'ensure' Americans don't 'pick up the tab' for its data center power consumption
President Donald Trump said that tech companies must pay for their own data centers without spiking utility bills for American households.
Techmeme
Trump says that Microsoft will “ensure” Americans don
From Business Insider. View the full context on Techmeme.
Personal finance app Betterment says an individual accessed certain systems to send fake crypto scam notification and believes the person accessed user info (Emily Mason/Bloomberg)
Bloomberg.com
Betterment Customer Data Accessed in Online Crypto Scam Attack
Personal finance platform Betterment fell victim to an online attack that allowed an unauthorized individual to send some customers a “fraudulent...
Techmeme
Personal finance app Betterment says an individual accessed a third-party system to send a fake crypto scam message and believes they accessed customer info
By Emily Mason / Bloomberg. View the full context on Techmeme.
Hands-on with Claude Cowork: looks well positioned to bring the powerful capabilities of Claude Code to a wider audience, but risks of prompt injections remain (Simon Willison/Simon Willison's Weblog)
Simon Willison’s Weblog
First impressions of Claude Cowork, Anthropic’s general agent
New from Anthropic today is Claude Cowork, a “research preview” that they describe as “Claude Code for the rest of your work”. It’s curre...
Techmeme
Claude Cowork hands-on: a general agent well positioned to bring Claude Code
By Simon Willison / Simon Willison
Bakkt agrees to acquire Distributed Technologies Research, the stablecoin infrastructure company founded by Bakkt CEO Akshay Naheta; BKKT closes up 18.69% (Daniel Kuhn/The Block) https://www.theblock.co/post/385191/bakkt-stock-rallies-20-amid-plans-to-acquire-a-stablecoin-infra-firm-founded-by-bakkts-co-ceo
Techmeme
Bakkt agrees to acquire Distributed Technologies Research, the stablecoin infrastructure startup founded by Bakkt CEO Akshay Naheta; BKKT closed up 18.69%
By Daniel Kuhn / The Block. View the full context on Techmeme.
OpenAI acquires Torch, a one-year-old AI healthcare app that aggregates and analyzes medical records; source: OpenAI is paying $100M in equity (Laura Mandaro/The Information) https://www.theinformation.com/articles/openai-agrees-buy-ai-healthcare-app-100-million
Techmeme
OpenAI acquires Torch, a one-year-old AI health care app that analyzes medical records and advises on health; a source that OpenAI is paying ~$100M in equity
By Laura Mandaro / The Information. View the full context on Techmeme.
Elon Musk says Apple and Google's Gemini deal "seems like an unreasonable concentration of power for Google given that [they] also have Android and Chrome" (Joe Rossignol/MacRumors)
MacRumors
Elon Musk Reacts to Apple and Google Teaming on Gemini-Powered Siri
Elon Musk today expressed concern about Apple and Google partnering on a more personalized version of Siri powered by Google
Techmeme
Elon Musk says Apple and Google
By Joe Rossignol / MacRumors. View the full context on Techmeme.