Cursor-developer Anysphere acquires code review startup Graphite and says Graphite will continue operating as an independent product (Beatrice Nolan/Fortune)
Fortune
Exclusive: Cursor acquires code review startup Graphite as AI coding competition heats up | Fortune
The $29 billion AI code editor is betting that controlling the entire development process will help it fend off competition.
Techmeme
Cursor-developer Anysphere acquires code review startup Graphite and says Graphite will continue operating as an independent product
By Beatrice Nolan / Fortune. View the full context on Techmeme.
Sources: ByteDance is on track for ~$50B profit in 2025 after generating a ~$40B net income in the first three quarters, surpassing its internal target for 2025 (Bloomberg)
Bloomberg.com
TikTok Owner ByteDance on Track for $50 Billion Profit in 2025
ByteDance Ltd. is on track for profits of roughly $50 billion in 2025, capping a record year for a Chinese social media leader making major inroads...
Techmeme
Sources: ByteDance is on track for ~$50B profit in 2025 after generating a ~$40B net income in the first three quarters, surpassing its internal target for 2025
From Bloomberg. View the full context on Techmeme.
Boston-based Neurable, which builds an OS for brain-computer interfaces, raised a $35M Series A led by Spectrum Moonshot Fund, bringing its total raised to $65M (Brock E.W. Turner/Axios) https://www.axios.com/pro/health-tech-deals/2025/12/19/neurable-raises-35m-for-brain-ai
Techmeme
Boston-based Neurable, which builds an OS for brain-computer interfaces, raised a $35M Series A led by Spectrum Moonshot Fund, bringing its total raised to $65M
By Brock E.W. Turner / Axios. View the full context on Techmeme.
Google Cloud and Palo Alto Networks strike a deal that a source says is Google Cloud's largest security services deal "approaching $10B" over several years (Kenrick Cai/Reuters) https://www.reuters.com/business/google-cloud-lands-deal-with-palo-alto-networks-approaching-10-billion-per-2025-12-19/
Techmeme
Google Cloud and Palo Alto Networks strike a deal that a source says is Google Cloud
By Kenrick Cai / Reuters. View the full context on Techmeme.
Memo: TikTok CEO Shou Zi Chew says ByteDance's US entities will retain direct control over core US revenue drivers, including ecommerce, ads, and marketing (Financial Times)
Client Challenge
Techmeme
Memo: TikTok CEO Shou Zi Chew says ByteDance
From Financial Times. View the full context on Techmeme.
Sources: Google has formed a new executive council to allocate computing capacity given a critical shortage; members include Thomas Kurian and Demis Hassabis (Erin Woo/The Information) https://www.theinformation.com/articles/inside-balancing-act-googles-compute-crunch
Techmeme
Sources: Google has formed a new executive council to allocate computing capacity given a critical shortage; members include Thomas Kurian and Demis Hassabis
By Erin Woo / The Information. View the full context on Techmeme.
Sources: China is retrofitting older models of ASML's DUV machines to produce advanced smartphone and AI chips, exposing cracks in US-led export controls (Eleanor Olcott/Financial Times)
Client Challenge
Techmeme
Sources: China is retrofitting older models of ASML
By Eleanor Olcott / Financial Times. View the full context on Techmeme.
DraftKings launches DraftKings Predictions, a new app that lets customers in 38 states trade contracts on sports and financial events through prediction markets (Ira Boudway/Bloomberg)
Bloomberg.com
DraftKings Enters Prediction Markets Rush With New Trading App
DraftKings Inc. is releasing a new app on Friday that will allow customers to trade contracts on sports and financial events through prediction mar...
Techmeme
DraftKings launches DraftKings Predictions, a new app that lets customers in 38 states trade contracts on sports and financial events through prediction markets
By Ira Boudway / Bloomberg. View the full context on Techmeme.
Denmark says Russia was behind "destructive and disruptive" cyberattacks on a water utility in 2024 and DDoS attacks in the lead-up to local November elections (Miranda Bryant/The Guardian)
the Guardian
Denmark says Russia was behind two ‘destructive and disruptive’ cyber-attacks
Intelligence service says attacks were work of groups connected to Russian state in ‘clear evidence’ of hybrid war
Techmeme
Denmark says Russia was behind “destructive and disruptive” cyberattacks on a water utility in 2024 and DDoS attacks in the lead-up to local November elections
By Miranda Bryant / The Guardian. View the full context on Techmeme.
Sources: The Chan Zuckerberg Initiative cuts ties with FWD.us, an immigration advocacy group founded by Mark Zuckerberg, eliminating FWD.us' main funding source (Bloomberg)
Bloomberg.com
Zuckerberg Cut Ties With Pro-Immigration Organization He Founded
Mark Zuckerberg’s philanthropy has cut ties with the pro-immigration advocacy group that he founded more than a decade ago, a move that parallels...
Techmeme
Sources: the Chan Zuckerberg Initiative cut ties with FWD.us, a pro-immigration advocacy group founded by Mark Zuckerberg, eliminating its main funding source
From Bloomberg. View the full context on Techmeme.