The Biden administration unveils its long planned new chip export rules, and Nvidia isn’t happy. That whole botched Sonos app debacle has cost the CEO his job. Why we might not see blockbuster tech IPOs this year. Why some of Nvidia’s customers are returning Blackwell chips. And say hello to China’s answer to Instagram.

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US imposes export controls on chips for AI to counter China (FT)
Sonos CEO Leaving After Botched App Revamp Led to Customer Revolt (Bloomberg)
Sonos CEO Patrick Spence steps down after disastrous app launch (The Verge)
Silicon Valley’s largest start-ups to shun IPOs in 2025 (Financial Times)
Nvidia’s Top Customers Face Delays From Glitchy AI Chip Racks (The Information)
Xiaohongshu, China’s answer to Instagram, hits no. 1 on the App Store as TikTok faces US shutdown (TechCrunch)

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Mon. 01/13 – Nvidia Isn’t Happy With New Chip Rules

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