Goldman Sachs CEO Solomon says IPO market is ‘going to pick up’ along with dealmaking

At an event hosted by Cisco on Wednesday, Goldman Sachs CEO David Solomon indicated that the multi-year IPO drought should be coming to an end.

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Chinese AI company MiniMax releases new models it claims are competitive with the industry’s best

Chinese firms continue to release AI models that rival the capabilities of systems developed by OpenAI and other U.S.-based AI companies. This week, MiniMax, an Alibaba- and Tencent-backed startup that has raised around $850 million in venture capital and is valued at more than $2.5 billion, debuted three new models: MiniMax-Text-01, MiniMax-VL-01, and T2A-01-HD. MiniMax-Text-01 […]
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Hindenburg Research, a short seller that targeted tech and EV companies, is closing up shop

When Hindenburg Research posts a blog on its website, it often means a company’s final days are near. Today, that company is Hindenburg Research. Nate Anderson announced Wednesday he has shut down short-selling firm Hindenburg Research, after a seven-year run issuing damning reports about high-profile companies, including many of the technology world’s giants and buzzy […]
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How VPNs might allow Americans to continue using TikTok

If TikTok does indeed go dark on Sunday for Americans, there may be a tool for them to continue accessing the popular social app: VPNs. 

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Google Workspace Plans See Price Hike as Gemini AI Expands to All Tiers

Instead of a $20 or $30 standalone plan, Google added a few dollars to its business tiers and applied the Gemini generative AI to all plans.

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Reusable rocket startup Stoke raised another massive round: $260M

Y Combinator alum Stoke has an ambitious goal to build the first fully reusable rocket and VCs have opened their wallets wide.
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Governments call for spyware regulations in UN Security Council meeting

Several governments participated in a meeting on the proliferation of commercial spyware at the United Nations Security Council.
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Not Many Meta Employees Will Have to Move to Texas After All

Mark Zuckerberg said content moderation teams in California will relocate to Texas to help reduce bias. In practice, employees aren’t expecting many forced relocations.

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More teens report using ChatGPT for schoolwork, despite the tech’s faults

Younger Gen Zers are embracing OpenAI’s AI-powered chatbot, ChatGPT, for schoolwork, according to a new survey by the Pew Research Center. But it’s not clear that they’re fully aware of the tech’s pitfalls. In a follow-up to its 2023 poll on ChatGPT usage among young people, Pew asked ~1,400 U.S.-based teens ages 13 to 17 […]
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Samsung will unveil the Galaxy S25 on January 22 — here’s what we expect

The biggest reveal from last week’s Samsung CES press conference may well have been another press conference. The hardware giant closed out the main event by teasing the company’s upcoming show. The next Samsung Unpacked event is set for January 22 at 10 a.m. PT. As with all recent Unpackeds, next week’s big show will […]
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