Techmeme
December 18, 2025, 2:45 PM

Top News

Financial Times:
Trump Media agrees to merge with Google-backed fusion energy company TAE in a $6B deal and build the “world's first utility-scale fusion power plant” in 2026  —  Trump Media & Technology Group's shares rise 37% after deal with TAE Technologies  —  The Trump family media group …
Jay Peters / The Verge:
Filing: Sony and Tencent reach a “confidential settlement” over Tencent's Light of Motiram, a game that Sony alleged was a “slavish clone” of its Horizon series  —  Sony and Tencent have reached a ‘confidential settlement,’ and Light of Motiram is no longer listed on Steam or the Epic Games Store.
Fanny Potkin / Reuters:
Sources: China built a working prototype of an EUV machine in early 2025 with a team of former ASML engineers who reverse-engineered the company's EUV machines  —  In a high-security Shenzhen laboratory, Chinese scientists have built what Washington has spent years trying to prevent …
Rebekah Valentine / IGN:
Circana: Xbox Series console sales fell 70% YoY to an all-time low in November, compared to the PS5's 40% YoY drop and Switch 1 and 2's combined 10% YoY fall  —  Down again.  —  This morning, we learned that November was a surprisingly bad month for video game spending across the board.
Juli Clover / MacRumors:
Apple makes iOS changes in Japan to comply with local laws, including alternative app stores and payment options, a new fee structure, and new default controls  —  Apple today introduced several changes to the App Store in Japan to meet the requirements of the Mobile Software Competition Act (MSCA) that goes into effect on December 18.
Tim Sweeney / @timsweeneyepic:
Niko Gallogly / New York Times:
Stockholm-based vibe coding startup Lovable raised $330M led by CapitalG and Menlo Ventures at a $6.6B valuation, up from $1.8B after raising $200M in July  —  The Swedish company is now valued at $6.6 billion, more than triple its $1.8 billion valuation set by investors in July.
OpenAI:
OpenAI opens app submissions for review and publication in ChatGPT, where users can discover or search for apps in a new app directory  —  We're opening app submissions for review and publication in ChatGPT, and users can discover apps in the app directory.  —  Earlier this year at DevDay, we introduced apps in ChatGPT.
Chainalysis:
North Korean hackers stole a record $2.02B in crypto in 2025, a 51% YoY rise that takes its cumulative stolen total to $6.75B; individual wallet hacks hit 158K  —  TL;DR  — North Korean hackers stole $2.02 billion in cryptocurrency in 2025, a 51% year-over-year increase …
Axios:
FCC Chairman Brendan Carr tells a Senate committee the FCC “is not an independent agency”; the agency removed “independent agency” from its site as he testified  —  FCC Chairman Brendan Carr said in his Wednesday Senate testimony that the agency he governs “is not an independent agency, formally speaking.”
OpenAI:
OpenAI releases GPT‑5.2-Codex, with improvements on long-horizon work through context compaction, stronger performance on large code changes, and more  —  The most advanced agentic coding model for professional software engineering and defensive cybersecurity.  —  Get started
Wall Street Journal:
Sources: Armadin, launched by Mandiant's founder Kevin Mandia to fight AI hacking, raised a $24M seed and is in talks to raise $100M+ at a $600M+ valuation  —  As AI threatens to give advantage to attackers, man who built Google's $5.4 billion Mandiant business works to restore balance
Shakeel Hashim / Transformer:
UK AI Security Institute report: AI models are rapidly improving at potentially dangerous biological and chemical tasks, and show fast jumps in self-replication  —  AI models are rapidly improving at potentially dangerous biological and chemical tasks, and also showing fast increases …
The Information:
Sources: OpenAI has held preliminary discussions with investors about raising tens of billions of dollars, and as much as $100B, at a valuation of around $750B  —  OpenAI has held preliminary discussions with some investors about raising new funding at a valuation of around $750 billion …
MacKenzie Sigalos / CNBC:
Coinbase rolls out stock trading, more advanced trading tools, prediction markets via Kalshi, and other features, amid a push to be a one-stop financial app  —  Coinbase is making its biggest push yet to reposition itself as a mainstream trading and financial platform, moving beyond crypto …
Issie Lapowsky / Rest of World:
Sources detail how Tiger Global fueled the COVID-era unicorn bubble that burst ahead of the AI boom; the firm recently shared its $12.7B 2021 fund is now up 16%  —  The fast-money pandemic era helped build billion-dollar startups around the world — then brought many down just as quickly.

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Featured Podcasts

Lenny's Podcast:
Getting paid to vibe code: Inside the new AI-era job | Lazar Jovanovic (Professional Vibe Coder)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Big Technology Podcast:
Software In Shambles, OpenAI vs. Anthropic Super Brawl, Amazon's Struggles
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Hard Fork:
Elon Musk's Mega-Merger + We Test Google's Project Genie + What's Next for Moltbook Creator
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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Channels with Peter Kafka:
Jeff Bezos Used To Be In Love with The Washington Post. What Happened?
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
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Cheeky Pint:
Elon Musk on Space GPUs, AI, Optimus, and his manufacturing method
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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Special Edition: Key findings from the Microsoft AI Diffusion Report
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.
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More News

Ivan Mehta / TechCrunch:

Earlier Picks

Jody Godoy / Reuters:
Ivan Mehta / TechCrunch: