Techmeme
December 16, 2025, 9:45 AM

Top News

Robbie Whelan / Wall Street Journal:
CoreWeave lost $33B in market value in six weeks amid construction delays at its Denton, Texas AI data center, criticism from short seller Jim Chanos, and more  —  The data-center provider's terrible six-week slide picked up speed when a famous short seller piled concerns on top of delays
New York Times:
Sources: the US has paused its Tech Prosperity Deal with the UK, signed in September, over frustrations about UK online safety rules and digital services taxes  —  The U.S. government has paused a tech-focused trade pledge with Britain over broader disagreements about Britain's digital regulations and food safety rules.
Counterpoint Research:
Lora Kolodny / CNBC:
Tesla's shares closed at a 2025 high on December 15, after the company confirmed it is testing its driverless vehicles in Austin without a human safety operator  —  Nearly six months after launching a limited Robotaxi service in Austin, Texas with safety drivers in the car …
Emily Mason / Bloomberg:
Visa says it will allow US banks to settle transactions using Circle's USDC stablecoin over Solana, the US' first full deployment of a stablecoin settlement  —  Visa Inc. is opening its US network to stablecoin settlement, expanding crypto-linked products and services enabled …
Ivan Mehta / TechCrunch:
Adobe updates Firefly's app to add a prompt-based video editor using Runway's Aleph model, and adds image and video models from Black Forest Labs and others  —  Adobe is updating its AI video-generation app, Firefly, with a new video editor that supports precise prompt-based edits …
More: SiliconANGLE
Katherine Hamilton / Wall Street Journal:
PayPal says it has filed applications to establish PayPal Bank to provide loans more efficiently to US small businesses and reduce its reliance on third parties  —  The payments company says it filed applications with the Utah Department of Financial Institutions and the FDIC to establish PayPal Bank
Gregory Schmidt / New York Times:
VW plans to end vehicle production at its Dresden plant, which opened in 2001, and convert it into a research hub focused on AI, robotics, and chip design  —  The auto giant stopped making cars at the plant in Dresden, which opened in 2001, as it faces weaker demand and steep U.S. tariffs.
Forums: r/neoliberal
New York Times:
Elizabeth Warren and two Democratic senators write to Google, Microsoft, Amazon, Meta, and more to investigate AI data centers' role in rising electricity costs  —  Three Democrats are seeking information from tech firms about the growing energy use of data centers and the utility bills of individuals and other businesses.
More: Bloomberg
Benoit Berthelot / Bloomberg:
Sources and a memo: Amazon plans to cut 370 jobs, or ~8.5% of its 4,370 employees, at its European HQ in Luxembourg, the country's biggest layoffs in 20 years  —  Amazon.com Inc.'s decision earlier this year to ax 14,000 employees around the globe is reverberating at the company's European headquarters in Luxembourg.
More: GeekWire

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Shopify's new AI commerce stack  —  Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Zoho:
Email fatigue is real: Here's how smart email tools help you regain control  —  Picture this: It's Monday morning.  You walk into the office feeling energized and ready to take on the week.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Uncapped with Jack Altman:
Saam Motamedi from Greylock Partners
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Invest Like the Best:
Henry Ellenbogen - Man Versus Machine
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Grit:
How Evan Spiegel Is Building the Future of Computing
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Acquired:
10 Years of Acquired (with Michael Lewis)
Learn the playbooks that built the world's greatest companies - and how you can apply them as a founder, operator, or investor.
Subscribe to Acquired.
Lenny's Podcast:
Why humans are AI's biggest bottleneck (and what's coming in 2026) | Alexander Embiricos (OpenAI Codex Product Lead)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:45 AM ET, December 16, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Emilia David / VentureBeat:
TechCrunch:
Stephen Nellis / Reuters:

Earlier Picks

Cloudflare:
Andrew J. Hawkins / The Verge:
Reshmi Basu / Bloomberg:
Ben Schoon / 9to5Google:
Arsheeya Bajwa / Reuters:
Natalie Alms / Nextgov/FCW: