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Techmeme
December 22, 2025, 10:15 PM
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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.
Yogita Khatri / The Block:
Coinbase agrees to acquire prediction markets startup The Clearing Company for an undisclosed sum; the startup was founded in 2025 and raised a $15M seed  —  Partner offers  —  Quick Take  — Coinbase has agreed to acquire The Clearing Company, a prediction markets startup …
Z.ai:
Chinese AI startup Z.ai releases GLM-4.7, an open-weight model that Z.ai says delivers significant improvements in coding performance compared to GLM-4.6  —  - Core Coding: GLM-4.7 brings clear gains, compared to its predecessor GLM-4.6, in multilingual agentic coding and terminal-based tasks …
Sarah Perez / TechCrunch:
OpenAI rolls out Your Year with ChatGPT, a Spotify Wrapped-like feature, to Free, Plus, and Pro users in the US, the UK, Canada, Australia, and New Zealand  —  ChatGPT is releasing its own version of Spotify Wrapped.  That is, the OpenAI-owned chatbot is now rolling out an annual review feature called …
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
NBC Los Angeles:
Vince Zampella, head of EA-owned Respawn Entertainment, former CEO of Infinity Ward, and co-creator of Call of Duty, died Sunday at 55 in a single-car crash  —  What to Know  — Prolific video game designer Vince Zampella and a passenger were killed in a crash Sunday on Angeles Crest Highway in the mountains north of Los Angeles.
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 …
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.
Heather Somerville / Wall Street Journal:
The US FCC bans imports, marketing, and sales of new foreign-made drones and components, including from China's DJI and Autel, citing national security concerns  —  American customers hoarding products in anticipation of restrictions against popular Chinese manufacturer DJI and a smaller competitor, Autel Robotics

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From Mediagazer

Financial Times:
Sources: WaPo is losing about $100M per year but aiming to break even by the end of 2026, which could unlock fresh funding from Jeff Bezos

Todd Spangler / Variety:
Filing: Amazon's spending on content, including music, sports rights, and licensed and produced TV and film, rose 10% YoY to $22.4B

The Guardian:
The UK raises the TV license fee, the BBC's main funding source, from £174.50 to £180 a year from April 1, saying it gives the BBC a “stable financial footing”

More News

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
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

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