Techmeme
December 18, 2025, 6:55 AM

Top News

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 …
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 …
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.
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 …
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.
Abner Li / 9to5Google:
Google unveils Gemini 3 Flash, which it says has Pro-grade reasoning with lower latency, outperforming 2.5 Pro “while being 3x faster at a fraction of the cost”  —  Following last month's launch of Gemini 3 Pro, Google today announced Gemini 3 Flash for consumers and developers.
Tulsee Doshi / The Keyword:
Jody Godoy / Reuters:
Sources: the US FTC is investigating Instacart's AI pricing tool, after a study showed different prices for the same items at the same stores; CART drops 8%+  —  The U.S. Federal Trade Commission is probing Instacart (CART.O), two sources familiar with the matter told Reuters …
Todd Bishop / GeekWire:
Amazon's AGI team lead, Rohit Prasad, is leaving at the end of 2025; AWS SVP Peter DeSantis will lead a group combining AI, silicon, and quantum computing teams  —  Rohit Prasad, the executive who has led Amazon's artificial intelligence initiatives and overseen the creation of its homegrown Nova AI models …
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.
Ivan Mehta / TechCrunch:
Meta is testing limiting Facebook professional accounts and Pages to posting just two links per month, unless they subscribe to $14.99+/month Meta Verified  —  In a new experiment, Meta is limiting the number of links users can post on Facebook, unless they have a paid Meta Verified subscription.
Kif Leswing / CNBC:
Micron reports Q1 revenue up 57% YoY to $13.64B, above $12.84B est., net income up 180% YoY to $5.24B, and Q2 revenue forecast above est.; MU jumps 5%+  —  Micron Technology reported fiscal first-quarter results on Wednesday that beat Wall Street expectations for sales and earnings per share …
Scott Feinberg / The Hollywood Reporter:
The Academy signs a multi-year deal that will give YouTube the exclusive global rights to the Oscars, beginning in 2029 and running through 2033  —  The Academy announced on Wednesday:  —  LOS ANGELES, CA - The Academy of Motion Picture Arts and Sciences and YouTube signed a multi-year deal …
Lawrence Abrams / BleepingComputer:
Pornhub is being extorted by ShinyHunters after the search and watch history of its Premium members was reportedly stolen in a recent Mixpanel data breach  —  Adult video platform PornHub is being extorted by the ShinyHunters extortion gang after the search and watch history of its Premium members …
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.”
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.
Jake Bleiberg / Bloomberg:
Amazon CSO Stephen Schmidt says subtle keystroke data lag, measuring 110ms instead of the expected tens of milliseconds, helped catch a North Korean IT worker  —  Security personnel tracked connections from a contractor.  —  An infinitesimal delay in the typed commands of a new IT worker provided …
Chiranjivi Chakraborty / Bloomberg:
India-listed RRP Semiconductor surged 55,000%+ in the 20 months through December 17, despite negative revenue; a source says India's SEBI is examining the jump  —  The world's best-performing stock is turning into a cautionary tale for investors chasing outsized returns from the artificial-intelligence boom.
Lim Hui Jie / CNBC:
SoftBank Group was among the Japanese tech stocks that fell on December 18, as Wall Street's AI infrastructure spending worries crossed into the Asian markets  —  Japanese tech stocks took a tumble on Thursday as AI infrastructure spending worries on Wall Street crossed the ocean into the Asian markets …

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Earlier Picks

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