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Techmeme
December 22, 2025, 8:05 PM
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Top News

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 …
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.
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
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 …
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.
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.
Colin Campbell / Axios:
Kargo, which uses cameras and sensors to inspect pallets in a warehouse and provide accurate inventory data, raised a $42M Series B led by Avenir  —  Kargo, a San Francisco-based warehouse inventory tech startup, closed a $42 million Series B led by Avenir, the company announced Monday.
More: Kargo.ai
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

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From Mediagazer

Todd Spangler / Variety:
In a DOD press conference, Pete Hegseth says “the sooner David Ellison takes over [CNN], the better” as he complains about media coverage of the war in Iran

Alex Weprin / The Hollywood Reporter:
NBCUniversal will no longer produce first-run syndicated TV programming, ending shows including Access Hollywood, which has been in production for 30 years

Larry Neumeister / Associated Press:
Over 30 states will resume their antitrust trial against Live Nation and Ticketmaster on Monday; seven states joined the DOJ to settle with the ticketing giant

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

Earlier Picks

CNBC:
Waymo resumes its robotaxi service in SF after suspending it during a blackout, and says most trips finished before vehicles returned to depots or pulled over
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