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December 12, 2025, 1:50 PM
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WeSmirchTop News
| Reuters: |
President Trump signs an executive order aimed at preempting a growing number of state AI laws, saying “we want to have one central source of approval” — U.S. President Donald Trump on Thursday signed an executive order on artificial intelligence that will attempt to preempt …
More: The White House, New York Times, Wired, eWeek, The Record, BBC, The Information, PCMag, StateScoop, CNBC, Techstrong.ai, Analytics India Magazine, Baller Alert, UPI, The Wrap, Roll Call, Music Technology Policy, The Boston Globe, Nextgov/FCW, Deadline, The Markup, FedScoop, Barron's Online, The Verge, Washington Times, Wall Street Journal, NOTUS, Joe.My.God., Politico, NBC News, Axios, GovTech, and Semafor
X: @davidsacks47, @sentedcruz, @davidsacks47, @collin_mccune, @cagovernor, @pmarca, @neil_chilson, @scott_wiener, @senamyklobuchar, @repdonbeyer, @kelseytuoc, @kelseytuoc, @mattyglesias, @natpurser, @kelseytuoc, @wsteaks, @adamthierer, @altcap, @bgurley, @pmarca, @chamath, @sriramk, and @rapidresponse47
LinkedIn: David Schweidel and Keri Tietjen Smith
Bluesky: @murray.senate.gov, @datasociety, @ketanjoshi.co, @jjvincent, @ketanjoshi.co, @karrieurbanist, @noethematt, @lorak, @maxkennerly, @mattmcneilshow, @vanhollen.senate.gov, @sarajacobs.house.gov, @altnps, and @thereverended
Mastodon: @fromjason@mastodon.social and @kevin@mastodon.km6g.us
| Axios: |
Policymakers behind key state AI bills scoff at Trump's EO; some GOP governors are pushing ahead with their own AI bills; Steve Bannon says Sacks misled Trump — States are forging ahead with AI laws despite President Trump's new executive order aimed at reining them in.| Igor Bonifacic / Engadget: |
More: NPR, Reuters, Florida Politics, and Benzinga
| Gerrit De Vynck / Washington Post: |
| Nina Bambysheva / Forbes: |
Kalshi integrates its event trading platform into the popular crypto wallet Phantom; Dune: in November, Kalshi's trading volume hit $5.8B vs. Polymarket's $3.7B — As Kalshi's trading volume surpasses Polymarket's, it will now offer prediction market access to Phantom's 15 million users on Solana.
More: Business Wire, CoinDesk, NFTgators, Benzinga, Cointelegraph, and The Block
| Reuters: |
Serval, which offers an AI assistant for IT, HR, legal, and finance, raised a $75M Series B led by Sequoia at a $1B valuation, taking its total funding to $127M — AI-powered IT support startup Serval has raised $75 million in a Series B funding round led by Sequoia, achieving a $1 billion valuation … | Lucas Ropek / TechCrunch: |
Sam Altman's Tools for Humanity updates World to make it a “super app” with encrypted chat integration and a Venmo-like tool for sending and requesting crypto — World, the biometric ID verification project co-founded by Sam Altman, released the newest version of its app today …
More: World, Gizmodo, TestingCatalog, Cryptonews, Tech in Asia, The Crypto Times, and crypto.news
| Reuters: |
Reddit files a lawsuit against Australia to overturn its social media ban for under-16s, saying it “infringes the implied freedom of political communication” — Message board website Reddit (RDDT.N) on Friday filed a lawsuit asking the High Court to overturn Australia's social media ban …
More: Engadget, BBC, TechCrunch, ABC, iPhone in Canada, Mashable, The Guardian, Sydney Morning Herald, Telegraph, Crikey, TheJournal.ie, Silicon Republic, RTÉ, Benzinga, Semafor, The Indian Express, Le Monde, Reclaim The Net, Tech in Asia, NDTV Profit, Agence France-Presse, CNET, The Independent, 9News, Australian Financial Review, SmartCompany, Capital Brief, Washington Times, Bloomberg, Bloomberg Law, and Deccan Chronicle
X: @cameronwilson and @fsuofaustralia
Forums: r/RedditSafety, r/neoliberal, and r/redditstock
| Jay Peters / The Verge: |
Tim Sweeney: the Ninth Circuit's decision on the Epic v. Apple contempt ruling appeal “completely shuts down” App Store rules letting Apple collect “junk fees” — In an interview, Epic Games' CEO says that an appeals court ruling in its case against Apple is ‘really awesome for all developers.’
More: Ars Technica, MacRumors, iPhone in Canada, AppleInsider, KnowTechie, and TechCrunch
| Bloomberg: |
More: Reuters, United States Court of Appeals for the Ninth Circuit, The Verge, Engadget, 9to5Mac, PYMNTS.com, The Information, Courthouse News Service, AppleInsider, Thurrott, MacRumors, and MLex
X: @timsweeneyepic, @neilcybart, @appleinsider, @iclarified, and @florian4gamers. Mastodon: @counternotions@mastodon …
Forums: r/apple and MacRumors Forums
| Brody Ford / Bloomberg: |
Sources: Oracle pushed back the completion dates for some data centers it is building for OpenAI from 2027 to 2028, largely due to labor and material shortages — Oracle Corp. has pushed back the completion dates for some of the data centers it's developing for the artificial intelligence … | Alex Heath / Sources: |
An interview with Nikita Bier, who wants to lure journalists back to X with a rebuilt recommendation algorithm with no keyword suppression or manual downranking — Product chief Nikita Bier on journalists who left: “We have to earn their trust.” Also: Fidji Simo on OpenAI's Code Red, and a new episode of ACCESS.
X: @alexeheath and @ashleymayer
| Tim Hardwick / MacRumors: |
Switzerland launches a preliminary investigation into whether Apple's terms for granting third-party access to NFC tech on iPhones violate its antitrust laws — Switzerland's competition authority has launched a preliminary investigation into whether Apple's terms for granting third-party access …
More: Eine effektive Aufsicht …, AppleInsider, 9to5Mac, iPhone in Canada, MacTech.com, and MacDailyNews. Forums: MacRumors Forums
| Ben Weiss / Fortune: |
YouTube launches an option for US-based creators to receive payouts in PayPal's stablecoin, PYUSD — Big Tech continues to tiptoe into crypto. The latest example is a move by YouTube to let creators on the video platform choose to receive payouts in PayPal's stablecoin.| John Liu / Bloomberg: |
Sources: China is considering a ~$28B-to-$70B incentives package, which would be separate from the $50B Big Fund III plan, to support its chipmaking industry — China is considering a package of incentives worth as much as $70 billion to bankroll and support its chipmaking industry … | Carmen Arroyo / Bloomberg: |
Sources: X reported $752M in Q3 revenue, up 17% YoY, a net loss of $577.4M, and EBITDA of ~$454M, up 16%; revenue for the first nine months of 2025 was $2B+ — Sales at Elon Musk's X jumped during the third quarter, but the social network is still dealing with significant costs … | Reuters: |
Sources: Intel has tested chipmaking tools in 2025 from California-based ACM Research, which has deep China ties; US sanctions targeted two ACM overseas units — Chipmaker Intel (INTC.O), has tested chipmaking tools this year from a toolmaker with deep roots in China and two overseas units …
More: Tom's Hardware, TechPowerUp, DigiTimes, Benzinga, and Tech in Asia
| CNBC: |
Broadcom CEO Hock Tan reveals that Anthropic placed a $10B order for Google's Ironwood TPU racks in Q3 and says Anthropic placed an additional $11B order in Q4 — Broadcom revealed during a September earnings call that it had signed a customer that had placed a $10 billion order for custom chips.
More: The Decoder, Mercury News, DigiTimes, The Register, and Yahoo Finance
| Kif Leswing / CNBC: |
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X: @sarafischer. LinkedIn: Daniel Friedlaender and Johannes Larcher. Bluesky: @racebannon. Forums: r/ChatGPT