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December 31, 2025, 7:30 PM
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| Emily Nicolle / Bloomberg: |
Trump Media, owner of Truth Social, plans to distribute a new token to shareholders with partner Crypto.com, expected to operate on the Cronos blockchain — Trump Media and Technology Group Corp. plans to issue a new cryptocurrency, which will be distributed among its shareholders.
More: Trump Media & …, PYMNTS.com, DL News, BBC, Financial Times, The Economic Times, Blockonomi, Al Jazeera, New York Times, Crypto Briefing, Bitcoin Insider, CoinDesk, CoinGape, The Information, BeInCrypto, Reuters, The Block, Cryptonews, ZeroHedge News, Benzinga, Coinpedia Fintech News, NewsMax.com, and The Defiant
| Reuters: |
Sources: Nvidia has approached TSMC to ramp up H200 chip production; Chinese companies have placed orders for 2M+ H200 chips for 2026, while Nvidia holds 700K — Nvidia (NVDA.O) is scrambling to meet strong demand for its H200 artificial intelligence chips from Chinese technology companies …
More: SiliconANGLE, Breitbart, The Register, Cautious Optimism, Yahoo Finance, Yahoo Finance, Benzinga, Proactiveinvestors UK, Investor's Business Daily, CNBC, iPhone in Canada, Sherwood News, Wccftech, Modern Diplomacy, ZeroHedge News, AIN, NDTV Profit, Sharecast, COINOTAG, The Decoder, Hürriyet Daily News, The Standard, DigiTimes, and South China Morning Post
X: @zephyr_z9, @dnystedt, @teortaxestex, @jukan05, @zephyr_z9, @danielnewmanuv, @firstadopter, @zephyr_z9, @zephyr_z9, @zephyr_z9, @jukan05, and @stocksavvyshay. Forums: r/NVDA_Stock
| CNBC: |
Unsealed documents detail a US operation that stopped the alleged smuggling of $160M worth of Nvidia H100 and H200 GPUs to China between Oct. 2024 and May 2025 — On Dec. 8, Federal prosecutors in Texas unsealed documents that revealed an investigation into a massive smuggling network that stretched across the U.S. and the world.| Biz Carson / Bloomberg: |
Thiel Capital opens an office in Miami, as Peter Thiel and others reportedly look to cut ties with California over a proposed ballot measure to tax billionaires — Peter Thiel's private investment firm opened an office in Miami's Wynwood neighborhood, expanding the billionaire's presence in Florida, Thiel Capital announced Wednesday.
More: Thiel Capital, San Francisco Chronicle, San Francisco Business Times, South Florida Business Journal, New York Post, and KTVU-TV
X: @bizcarson, @shaughnessy119, @cernovich, @julianklymochko, @jason, @jason, @teddyschleifer, and @teddyschleifer
Bluesky: @danny.page and @rmac
| Jeff Horwitz / Reuters: |
Internal docs reveal Meta's tactics to fend off pressure to crack down on scammers, including efforts to make scam ads “not findable” for regulators and others — As regulators press Meta to crack down on rogue advertisers on Facebook and Instagram, the social media giant has drafted a “playbook” to stall them.
More: Interesting Engineering, ZeroHedge News, MS NOW, and Sherwood News
X: @zerohedge. Bluesky: @worklesshard, @jeffhorwitz, @romanad, @jeffhorwitz, @jeffhorwitz, @campuscodi.risky.biz, @caseynewton, @jbakcoleman, and @socialmedialab.ca
Threads: @andymstone, @andymstone, @andymstone, and @andymstone
Forums: Hacker News, r/technology, and r/neoliberal
| Wall Street Journal: |
How Manus distanced itself from its Chinese roots to court US investors; a source says Meta's $2.5B deal includes a $500M retention pool for Manus' employees — The $2.5 billion deal could herald a new era for China-linked AI companies and U.S. investors — Workers at Butterfly Effect …
More: COINOTAG, Bloomberg, New York Post, Wall Street Journal, Spyglass, and International Business Times
X: @chrisrmcguire, @kyleichan, @petereharrell, and @henrysgao
| Reuters: |
TSMC says the US government has granted the company an annual license to import US chip manufacturing equipment to its facilities in Nanjing, China — The U.S. government has granted an annual license to Taiwan Semiconductor Manufacturing (2330.TW) to import U.S. chip manufacturing equipment … | Lucien Bruggeman / ABC News: |
The FBI says fraudsters bilked Americans out of $333.5M via bitcoin ATM scams from January through November 2025, up from roughly $250M in 2024 — The kiosks allow users to send cash to a digital wallet anywhere in the world. — The Federal Bureau of Investigation said fraudsters … | The Information: |
Sources: Uber is in talks to acquire the parking space reservation app SpotHero; the parking app was last valued at $290M — Uber has been in talks to acquire parking app SpotHero, a popular service that allows drivers to reserve parking spaces, according to people with knowledge of the discussions.| Essi Lehto / Reuters: |
Finland seizes a ship suspected of damaging an undersea cable linking Helsinki and Estonia in the Gulf of Finland; Estonia says a second cable was also damaged — Finnish police on Wednesday seized a ship suspected of damaging an undersea telecoms cable running from Helsinki …
More: The Guardian, Reuters, Euro Weekly News, The Indian Express, InfoRiskToday.com, Tom's Hardware, The Maritime Executive, The US Sun, Radio Free Europe/Radio …, and Associated Press
X: @tsahkna, @petteriorpo, and @marinetraffic
Bluesky: @rvps2001 and @duncandixoncoffee
Forums: r/worldnews, r/neoliberal, and Slashdot
| Himanshi Akhand / Reuters: |
Filing: Chinese AI chip startup Biren raises ~$717M in its Hong Kong IPO; institutional and retail tranches were oversubscribed ~26x and ~2,348x, respectively — Chinese AI chip startup Shanghai Biren Technology (6082.HK) has raised HK$5.58 billion ($716.85 million) in its Hong Kong initial public offering …
More: Caixin Global, Reuters, and Pandaily
| Jeanny Yu / Bloomberg: |
| Wall Street Journal: |
OpenAI financial data: its stock-based pay averaged ~$1.5M per employee in 2025, ~7x Google pre-IPO and ~34x the average pay of other pre-IPO peers, per Equilar — The company's stock-based compensation in 2025 reached an average of $1.5 million per employee
More: Quartz, Benzinga, New York Post, COINOTAG, The Decoder, CTech, and Hindustan Times
Forums: Hacker News and Slashdot
| Michael Acton / Financial Times: |
Trump Mobile delays plan to launch its gold-coloured smartphone, initially promised for August 2025, saying the recent US government shutdown delayed deliveries — Move marks latest setback for project that originally promised to sell a US-made device — Trump Mobile, the phone company launched …
More: Gizchina, The Guardian, Fortune, New York Post, MediaPost, Business Insider, Raw Story, PCMag, Baller Alert, Proactive, Android Headlines, CNET, Mashable, CBS News, RTÉ, and Yahoo Finance
Bluesky: @caseynewton, @robertscotthorton, @stevemnomoremister, and @bizarreman. Mastodon: @annmlipton@esq.social. Forums: r/politics
| Kate Clark / Wall Street Journal: |
Sources: bids for GroqCloud, Groq's AI inference platform, are expected to exceed $1B after Nvidia's $20B non-exclusive licensing agreement with Groq — The chipmaker's AI-inference agreement with startup Groq indicates growing competition for top talent and technology
More: Sources, The Motley Fool, The Information, MobileSyrup, and Business Insider. LinkedIn: Kate Clark
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