| 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.| 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: |
| 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 — Executive Summary — On December 8, the Trump administration announced plans to loosen U.S. export controls on artificial intelligence … | Eleanor Olcott / Financial Times: |
Sources: China is retrofitting older models of ASML's DUV machines to produce advanced smartphone and AI chips, exposing cracks in US-led export controls — Restricted chipmaking tools are being retrofitted to make advanced AI chips, exposing cracks in US-led export controls| Alex Heath / Sources: |
Meta's head of Threads Connor Hayes says that fediverse compatibility isn't a priority for its current roadmap, but it is something that it's “maintaining” — Connor Hayes wants Meta's X rival to be “the place on the internet to talk about what's going on in the world.”| 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| Financial Times: |
Sources: UK officials believe China was behind the October cyber attack on the UK's Foreign Office, which aimed to access tens of thousands of sensitive files — The UK's Foreign Office was the victim of a major cyber attack in October, which officials believe was carried out by Chinese hackers.| Olga Kharif / Bloomberg: |
Coinbase sues Connecticut, Illinois and Michigan over state attempts to regulate prediction markets, arguing that they fall under the jurisdiction of the CFTC — Coinbase Global Inc. said it is suing the US states of Michigan, Illinois and Connecticut over their attempts to regulate prediction markets.| 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 … | Bloomberg: |
Sources: The Chan Zuckerberg Initiative cuts ties with FWD.us, an immigration advocacy group founded by Mark Zuckerberg, eliminating FWD.us' main funding source — Mark Zuckerberg's philanthropy has cut ties with the pro-immigration advocacy group that he founded more than a decade ago … | Alex Kantrowitz / Big Technology: |
Q&A with Sam Altman on OpenAI's “code red” call, enterprise strategy, product ambitions, IPO plans, ChatGPT's personalization plans, and more — OpenAI's CEO joins Big Technology for a candid discussion covering OpenAI's strategy, its product ambitions … | Kenrick Cai / Reuters: |
Google Cloud and Palo Alto Networks strike a deal that a source says is Google Cloud's largest security services deal “approaching $10B” over several years — Alphabet's (GOOGL.O) cloud computing unit and cybersecurity company Palo Alto Networks (PANW.O) on Friday announced … | 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 — Administrator winding down what remains of Terraform Labs is seeking $4 billion in damages — The administrator winding … | 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 — The Pennsylvania Supreme Court ruled Tuesday that police did not need a warrant to obtain a convicted rapist's Google searches when investigating the crime.| 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 — A refreshed version being called ‘League Next’ is planned for 2027 — Riot Games is working on a major overhaul of its flagship game League … | 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 — Intelligence service says attacks were work of groups connected to Russian state in ‘clear evidence’ of hybrid war| Brock E.W. Turner / Axios: |
Boston-based Neurable, which builds an OS for brain-computer interfaces, raised a $35M Series A led by Spectrum Moonshot Fund, bringing its total raised to $65M — Neurable, a neurotechnology company, raised a $35 million Series A round led by the Spectrum Moonshot Fund, CEO Ramses Alcaide tells Axios Pro exclusively.| Ira Boudway / Bloomberg: |
DraftKings launches DraftKings Predictions, a new app that lets customers in 38 states trade contracts on sports and financial events through prediction markets — DraftKings Inc. is releasing a new app on Friday that will allow customers in 38 states to trade contracts on sports and financial events through prediction markets.| 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.| Jesse Hamilton / CoinDesk: |
The US Senate confirms FDIC acting chairman Travis Hill to lead the agency, which regulates stablecoin issuers and impacts how the crypto industry is banked — In a package of confirmations, the U.S. Senate approved Mike Selig to lead the CFTC and Travis Hill to run the FDIC, both with major potential reach into crypto.| Lydia Beyoud / Bloomberg: |
| Meghan Bobrowsky / Wall Street Journal: |
Sources: Meta is developing a new image and video-focused AI model codenamed Mango, expected to be released in H1 2026 along with its new LLM dubbed Avocado — Alexandr Wang, the company's AI chief, said the new model will debut soon, along with a large language model dubbed Avocado| 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.
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| Mistral AI: |
| Annie Palmer / CNBC: |
| OpenAI: |
| Courtney Subramanian / Bloomberg: |
| Michael Nuñez / VentureBeat: |
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| Chance Miller / 9to5Mac: |
| Jake Bleiberg / Bloomberg: |