Techmeme
December 18, 2025, 1:10 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 …
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 …
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.
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:
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.
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.
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.”
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 …
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 …
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 …

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Featured Podcasts

Hard Fork:
Tim Cook's Legacy + The Future of U.B.I. With Andrew Yang + HatGPT
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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The Upstarts Podcast:
Chapter's Cobi Blumenfeld-Gantz: From Palantir To $3B Medicare Disruptor
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Big Technology Podcast:
OpenAI President Greg Brockman on GPT-5.5 "Spud," AI Model Moats, and Cybersecurity Risks
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Lenny's Podcast:
How Anthropic's product team moves faster than anyone else | Cat Wu (Head of Product, Claude Code)
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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Access:
Silicon Valley finally has its "Succession"
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
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Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
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:
Issie Lapowsky / Rest of World:

Earlier Picks

Jody Godoy / Reuters:
Ivan Mehta / TechCrunch: