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December 22, 2025, 12:55 PM
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memeorandum
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| Bloomberg: |
Alphabet agrees to acquire data center company Intersect for $4.75B in cash, plus its existing debt, as part of its push to expand its AI data center footprint — Alphabet Inc. has agreed to buy clean energy developer Intersect Power LLC for $4.75 billion in cash, plus its existing debt … | Joe Rossignol / MacRumors: |
Italy's competition watchdog fines Apple €98.6M, saying the company's ATT rules are “disproportionate” and “harmful” to app developers and advertisers — Italy's Competition Authority (AGCM) has imposed a €98.6 million ($116 million) fine on Apple over its App Tracking Transparency feature.| Bloomberg: |
Uber and Lyft partner with Baidu to trial driverless taxis in the UK in 2026; both companies plan to use Baidu's Apollo Go RT6 robotaxis — Uber Technologies Inc. and Lyft Inc. are each teaming up with Baidu Inc. to trial driverless taxis in the UK, as ride-sharing companies race to deploy autonomous services around the world.| Reuters: |
Sources: Nvidia plans to begin shipping its H200 chips to China before mid-February 2026 and expects initial shipments to be ~40,000 to 80,000 H200 units — Nvidia (NVDA.O) has told Chinese clients it aims to start shipping its second-most powerful AI chips to China before the Lunar …
More: Benzinga, Investor's Business Daily, The Standard, ZeroHedge News, and IWCP Online
| Financial Times: |
Investigation: internal Binance files show it failed to stop hundreds of millions in crypto from flowing through suspicious accounts, even after a 2023 US deal — Leaked files show continued activity despite links to terror networks, failed ID checks and other red flags
More: CoinDesk, Financial Post, Cointelegraph, and crypto.news
X: @arashmassoudi and @silvermanjacob
Bluesky: @carnage4life, @marypcbuk, and @tonytassell
| Mitchell Peters / Billboard: |
Pirate activist group Anna's Archive says it scraped 86M music files and 256M rows of track metadata from Spotify, and releases them in ~300TB of torrent files — The breach allegedly includes 86 million audio files.
More: The Register, Music Ally, Tom's Hardware, Decrypt, Gizmodo, Thurrott, Anna's Blog, Android Authority, PCWorld, PCMag, CSO, Dexerto, Sherwood News, Digital Trends, CyberInsider, AIN, and Doc Searls Weblog
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Bluesky: @mikebutcher and @gpgomez
Forums: Hacker News, Hacker News, r/Music, r/MusicBrainz, r/revancedapp, r/selfhosted, r/Piracy, r/DataHoarder, and Slashdot
| Sara Salinas / CNBC: |
Paramount says Larry Ellison “agreed to provide an irrevocable personal guarantee of $40.4B” for its WBD bid, after WBD's board raised concerns about the offer — Paramount Skydance on Monday guaranteed the backing of billionaire Larry Ellison in an amended offer for Warner Bros. Discovery …
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Forums: r/MediaMergers and r/boxoffice
| Chris Wack / Wall Street Journal: |
Instacart scraps all item price tests after customer pushback, and won't charge different prices for the same items bought from the same store at the same time — Company says retailers will no longer be able to use Eversight technology to run item price tests on Instacart
More: The Verge, Instacart, CNBC, Associated Press, Quartz, Engadget, Mashable, CBS News, and Axios
X: @alexsjacquez and @armanddoma
| Bloomberg: |
Filings: Chinese AI startups Zhipu and MiniMax report 2024 revenue of $44.4M and $30.5M, respectively, as both prepare for Hong Kong IPOs in the coming weeks — Chinese OpenAI contenders MiniMax and Zhipu AI offered the first look into their business models and profit prospects in listing filings …
More: Cautious Optimism, Tech in Asia, and CNBC
| Emily Steel / New York Times: |
Investigation: in 22 US states, Uber approves drivers with many types of convictions, such as violent felonies, that are over seven years old to keep costs low — The ride-hailing giant's background check process was intended to speed drivers onto its network while keeping costs down, internal documents show.| Bloomberg: |
How the global AI boom is driven by thousands of newcomers, diluting Big Tech's infrastructure dominance; US data center credit deals hit $178.5B in 2025 so far — In the golden hills of Puglia, a southern region of Italy known today for its olive trees, white cliffs and turquoise mediterranean coves … | Axios: |
Sources: Erebor, Palmer Luckey's digital bank, raised $350M led by Lux Capital at a $4.35B post-money valuation; it secured FDIC approval last week — Erebor, a new digital bank co-founded by Anduril CEO Palmer Luckey, has quietly raised $350 million at a $4.35 billion post-money valuation, Axios has learned.| Kashmir Hill / New York Times: |
Some experts in the human-computer interaction field say making AI chatbots act humanlike creates cognitive dissonance for users over how much to trust them — I first noticed how charming ChatGPT could be last year when I turned all my decision-making over to generative A.I. for a week.
More: Tom's Guide, Android Police, and Moneycontrol
Bluesky: @ering, @shiraovide, @harrymccracken.com, and @kashhill
| Connie Loizos / TechCrunch: |
Q&A with iRobot co-founder Colin Angle on the company's Chapter 11 bankruptcy, regulatory pressure that killed Amazon's deal, his new robotics startup, and more — When iRobot filed for Chapter 11 bankruptcy last Sunday, it marked the end of an era for one of America's most beloved robotics companies.| Max Tani / Semafor: |
Adam Mosseri says “maybe we'll need” premium longform video for Instagram, and that TikTok's US sale turmoil has given Meta time to retune algorithms — A day before Instagram's new integration for Amazon Fire smart TVs was set to roll out, Adam Mosseri, who runs the platform for Meta …
More: 9to5Mac and Moneycontrol
| The Chip Letter: |
A look at Google's TPU evolution, its decision to sell chips to competitors after 12 years of internal use, the TPU vs. GPU architecture showdown, and more — Is GPU vs TPU the CISC vs RISC contest of the modern era? … All of a sudden, everyone is talking - and writing - about Google's TPUs (Tensor Processing Units).
LinkedIn: Aditya Harit
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