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December 18, 2025, 7:43 PM
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Sara Fischer / Axios:
Internal memo: TikTok has signed a deal to sell its US unit; Oracle, Silver Lake, MGX will collectively own 45% of the US entity, and ByteDance will retain ~20%  —  TikTok has signed a deal to divest its U.S. entity to a joint venture controlled by American investors, per an internal memo seen by Axios.
Alex Weprin / The Hollywood Reporter:
Memo: the TikTok US deal is set to close on Jan. 22; terms include retraining the recommendation algorithm on US user data and Oracle overseeing data protection  —  Abu Dhabi's state investment fund will also be a managing investor.  —  The TikTok sale is officially happening …
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 …
Joanna Stern / Wall Street Journal:
In an experiment, Claude ran a vending machine in the WSJ newsroom and lost $1,000+ after it dropped prices to zero, gave away a free PlayStation, and more  —  Anthropic's Claude ran a snack operation in the WSJ newsroom.  It gave away a free PlayStation, ordered a live fish—and taught us lessons about the future of AI agents.
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
Jake Kanter / Deadline:
YouTube terminates Screen Culture and KH Studio, two large channels that used AI to create fake movie trailers; the platform earlier suspended the channels' ads  —  The Google-owned video giant has switched off Screen Culture and KH Studio, which together boasted well over 2 million subscribers and more than a billion views.
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.
Annie Palmer / CNBC:
Instacart will pay $60M to settle FTC allegations that it used deceptive tactics in its subscription signup and “satisfaction guarantee” advertising  —  Instacart will pay $60 million to settle allegations by the Federal Trade Commission that it misled users with false advertising and deployed …
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.”
Niko Gallogly / New York Times:
Stockholm-based AI 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.
Todd Spangler / Variety:
Netflix hires ESPN anchor Elle Duncan as its first on-air sports host in a multiyear deal; Duncan will also cover other live events for the company  —  Netflix execs used to dismiss the idea that they would acquire live sports rights.  Now the world's biggest premium streamer …
Justine Calma / The Verge:
Study: AI's 2025 power demand could hit 23GW, above 2024 Bitcoin mining levels, and AI carbon emissions could hit 32.6M to 79.7M tons, compared to NYC's 50M  —  A new study estimates the environmental impact of AI in 2025 and calls for more transparency from companies on their pollution and water consumption.
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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This is a Techmeme archive page. It shows how the site appeared at 7:43 PM ET, December 18, 2025.

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From Mediagazer

Financial Times:
Hedge fund manager Crispin Odey drops his £79M libel lawsuit against the Financial Times, after FT said 15 women were willing to testify in court against him

Kelcee Griffis / Bloomberg:
Sources: Nexstar has begun directing stations to fill local newscasts with segments from Nexstar's NewsNation instead of national networks' content like NBC's

Oli Coleman / Page Six:
Source: The Athletic is investigating reporter Dianna Russini's explanation about photos of her with NFL coach Mike Vrabel and “reviewing her coverage”

More News

Ivan Mehta / TechCrunch:
Luma AI launches Ray3 Modify, which allows users to modify existing footage by providing character reference images; users can also define start and end frames

Earlier Picks

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%
Tim Sweeney / @timsweeneyepic:
Tim Sweeney says Fortnite will not return to iOS in Japan in 2025, as Apple is “charging a competition-crushing 21% junk fee on third-party in-app payments”
Jake Rudnitsky / Bloomberg:
Manus says it crossed $100M ARR eight months after launch and is growing at 20%+ MoM since Manus 1.5's release; its total revenue run rate is now over $125M
OpenAI:
OpenAI opens app submissions for review and publication in ChatGPT, where users can discover or search for apps in a new app directory
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