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December 19, 2025, 2:55 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.
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See also Mediagazer
Financial Times:
Memo: TikTok CEO Shou Zi Chew says ByteDance's US entities will retain direct control over core US revenue drivers, including ecommerce, ads, and marketing  —  Oracle, Silver Lake and MGX to invest in new data security joint venture as part of Trump-brokered deal
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
Adamya Sharma / Android Authority:
Samsung unveils the Exynos 2600, the world's first smartphone SoC built on a 2nm Gate-All-Around process, expected to power some Galaxy S26 and S26 Plus models  —  Galaxy S26 could get Samsung's boldest chip yet: Meet the 2nm Exynos 2600.  —  •  —  TL;DR
Olga Kharif / Bloomberg:
Coinbase sues Connecticut, Illinois, and Michigan over attempts to regulate prediction markets, arguing that the markets fall under CFTC's jurisdiction  —  Coinbase Global Inc. said it is suing the US states of Michigan, Illinois and Connecticut over their attempts to regulate prediction markets.
Chris McGuire / Council on Foreign Relations:
US approving Nvidia H200 exports to China is based on the idea that Huawei is a viable competitor, but data shows the gap between Nvidia and Huawei is widening
Erin Woo / The Information:
Sources: Google has formed a new executive council to allocate computing capacity given a critical shortage; members include Thomas Kurian and Demis Hassabis  —  Earlier this year, Google convened a group of its top executives to address what some staffers see as an existential problem …
Emily Mullin / Wired:
Source: Sam Altman's Merge Labs, which seeks to read brain activity using ultrasound, is being spun out of LA-based nonprofit Forest Neurotech  —  Merge Labs, a brain-computer interface startup that seeks to read brain activity using ultrasound, is being spun out of Forest Neurotech, a Los Angeles nonprofit.
Lydia Beyoud / Bloomberg:
The US Senate confirms Trump pick Michael Selig as chairman of the CFTC, as lawmakers consider legislation to give the agency more control over digital assets

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From Mediagazer

Rick Porter / The Hollywood Reporter:
Early Nielsen numbers show 30M people watched the US-Belgium World Cup match through Fox, clearing the record for an English-language soccer telecast in the US

Scott Nover / Washington Post:
A US district court judge dismisses Trump Media and Technology Group's $3.8B defamation lawsuit filed in 2023 against WaPo; TMTG is considering an appeal

Michael Savage / The Guardian:
Prince Harry and six other prominent figures face an up to £50M legal bill after losing their phone-hacking case against Daily Mail owner Associated Newspapers

More News

Miranda Bryant / The Guardian:
Denmark says Russia was behind “destructive and disruptive” cyberattacks on a water utility in 2024 and DDoS attacks in the lead-up to local November elections
Alex Heath / Sources:
Meta's head of Threads Connor Hayes says that fediverse compatibility isn't a top priority, but it is something that “we're maintaining”
Vicky Ge Huang / Wall Street Journal:
The administrator winding down Do Kwon's Terraform Labs sues Jump Trading for $4B, alleging it unlawfully profited from and contributed to Terraform's collapse

Earlier Picks

Cecilia D'Anastasio / Bloomberg:
Sources: Riot Games is working on a major overhaul of League of Legends, internally called League Next, for 2027; Riot confirms a big update is in the works
Suzanne Smalley / The Record:
Pennsylvania's Supreme Court rules that police can get Google search data without a warrant; an expert warns it may encourage warrantless searches nationwide
Mistral AI:
Mistral launches Mistral OCR 3, featuring improvements in processing forms, scanned documents, complex tables, and handwriting, priced at $2 per 1,000 pages
Wall Street Journal:
Sources: OpenAI's new fundraising round could value it at as much as $830B; it aims to raise up to $100B and complete the round by the end of Q1 at the earliest
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
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
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