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December 8, 2025, 11:20 AM
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memeorandum
WeSmirchTop News
| CNBC: |
Paramount launches a hostile bid to acquire WBD, offering WBD shareholders $30/share in a $108.4B all-cash deal; sources say WBD rejected the same bid last week — Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery after it lost out to Netflix in a months-long bidding war …
More: Axios, The Hollywood Reporter, Financial Times, GamesIndustry.biz, Paramount, Gizmodo, Engadget, Business Today, Benzinga, TechCrunch, Fortune, Associated Press, The Verge, Business Insider, Blockchain.News, CNN, HotAir, The Guardian, CBS News, Reuters, Washington Post, Washington Examiner, NBC News, Comic Book, Los Angeles Times, Fox Business, Canoe, Cord Cutters News, Quartz, Awful Announcing, Front Office Sports, /Film, Entrepreneur, Media Play News, Far Out Magazine, Variety, The Wrap, Sports Media Watch, Wall Street Journal, Straight Arrow News, The Hill, TRT World, Mirror US, The Post Millennial, MacDailyNews, Just The News, O'Dwyers PR, Mediaite, and Bloomberg Law
X: @sarafischer, @pkafka, @pkafka, @rogerwcheng, @sherman4949, @sarafischer, @pkafka, @alaynatreene, @sarafischer, @danprimack, @sherman4949, @sarafischer, @pkafka, @sherman4949, @sherman4949, @sherman4949, @sherman4949, @zerohedge, @brianstelter, @conorsen, and @sherman4949. LinkedIn: Emil Protalinski
Bluesky: @karlbode.com, @bgrueskin, @markjacob, @figgityfigs, @annmlipton, and @woodenstares. Truth Social: @realDonaldTrump …
Forums: Hacker News, r/StockMarket, r/DCULeaks, r/blankies, r/Economics, r/boxoffice, r/movies, and Slashdot
| Ben Thompson / Stratechery: |
Netflix changed movie distribution, and its executives now think that licensing shows leaves money on the table; YouTube may help Netflix's WBD antitrust case — Warner Bros. started with distribution. Just after the turn of the century, Harry, Albert, Sam, and Jack Warner bought …
| Bloomberg: |
President Trump says Netflix's WBD deal has “got to go through a process”, its big market share “could be a problem”, and he will be involved in the decision — President Donald Trump raised potential antitrust concerns for Netflix Inc.'s planned acquisition …
More: AppleInsider, CNBC, Engadget, What's Trending, PR Daily, Polygon.com, New York Times, mxdwn Television, indy100, The Post Millennial, The American Bazaar, Crypto Briefing, Fox Business, Nairametrics, Quartz, Truth on the Market, Reuters, The Independent, Blockonomi, ZeroHedge News, iPhone in Canada, The Guardian, NBC Bay Area, Far Out Magazine, Deadline, Forbes, Media Play News, The Hollywood Reporter, NBC News, Benzinga, Washington Post, Financial Times, Livemint, Mobile World Live, Blockchain.News, The Wrap, Variety, Wall Street Journal, World of Reel, and Bloomberg Law
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Bluesky: @mrgq, @fagankara, @hunterwalk.com, @rphilly, @caseynewton, and @tracinski
Mastodon: @SpaceLifeForm@infosec … and @kevin@mastodon.km6g.us
| Lucas Shaw / Bloomberg: |
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Bluesky: @toomuchtv.substack.com, @samred.com, @karaswisher, and @gigawattconduit
Forums: r/technology, r/popculturechat, r/blankies, r/MediaMergers, and r/entertainment
| Lauren Thomas / Wall Street Journal: |
IBM agrees to acquire data streaming software maker Confluent for ~$11B in cash, above its ~$8B market value as of its December 5 close, paying $31 per share — Confluent shares surged more than 25% in premarket trading Monday, while IBM's fell slightly.
More: Confluent, Reuters, Bloomberg, CNBC, FinSMEs, Axios, TechCrunch, The Register, The Information, Associated Press, Financial Times, IBM, UPI, Proactive, InsideHPC, Dow Jones Newswires, Techstrong.ai, CNBC, Yahoo Finance, Bloomberg, Blocks and Files, diginomica, Constellation Research, ZeroHedge News, Pulse 2.0, Verdict, Analytics India Magazine, The Information, Neowin, Benzinga, Motley Fool, and Tech in Asia
X: @jasonlk, @confluentinc, @bdkozlovski, @acoustik, @samsolid57, @trengriffin, @laurenthomas, @josephjacks_, and @alexrkonrad. Bluesky: @dmnd.me
| Bloomberg: |
President Trump says he will sign “a ONE RULE” EO on AI “this week” and “you can't expect a company to get 50 Approvals every time they want to do something” — President Donald Trump said he would approve an executive order this week to establish …
More: Reuters, TechCrunch, CNN, Axios, eWeek, Business Insider, The Hill, Financial Times, Washington Times, Quartz, Axios, Joe.My.God., Raw Story, Al Jazeera, Florida Politics, ZeroHedge News, Forbes, Politico, NewsMax.com, and Fox Business
X: @kylekulinski, @darrigomelanie, @nathanleamerdc, @bg2pod, @shakeelhashim, and @shakeelhashim. Truth Social: @realDonaldTrump …
| Laith Al-Khalaf / Financial Times: |
Singapore-based banking and payments startup Airwallex raised $330M at an $8B valuation, after raising $300M at a $6.2B valuation in May, and plans a US HQ — Payments company opens San Francisco base and reduces Tencent's holding in US pivot — A Singapore fintech that was labelled a …
More: Cautious Optimism, Ventureburn, Business Wire, TNGlobal, FinSMEs, Tech Funding News, Bloomberg, Finextra, Capital Brief, and ar Feed
| Barbara Moens / Financial Times: |
The European Commission says Meta agreed to change its “pay or consent” model, including ad-light Instagram and Facebook versions, but “the case is not closed” — Facebook agrees changes to ‘pay or consent’ model after talks with European Commission| Financial Times: |
Big Tech's AI data center plans, which are set to need an estimated 44GW of additional capacity by 2028, face a power crunch that could deflate the AI “bubble” — A lack of electricity for new data centres could deflate the AI ‘bubble’ — Rafe Rosner-Uddin in San Francisco …
More: The Register. X: @johnreynlds and @chiphop007. LinkedIn: Sam Joiner
Bluesky: @nassosstylianou and @justinhendrix
| Rachel Metz / Bloomberg: |
Unconventional AI raised a $475M seed led by a16z and Lightspeed at a $4.5B valuation to build a more energy-efficient AI computer, part of an up to $1B round — Naveen Rao joins a rarified club of prominent tech founders to raise big funding rounds for very young companies.
Bluesky: @celso
| Aaron Krolik / New York Times: |
How “cash to crypto” swaps allow users everywhere to convert local currencies to stablecoins and then to debit cards, avoiding financial oversight and sanctions — Smugglers, money launderers and people facing sanctions once relied on diamonds, gold and artwork to store illicit fortunes.
X: @basuashis, @jonathancohn, @auriandra, @tphillips, @jessmarindavis, @snowball_dev, @neerajka, and @aarondklein. LinkedIn: Ali Khan
Bluesky: @jessmarindavis, @kencaldeira.com, @waldo.net, @nateschenkkan, @klonick, @klonick, and @watchdogprg. Mastodon: @SuffolkLITLab@esq.social
Forums: r/NoShitSherlock and Slashdot
| Bobby Allyn / NPR: |
ICEBlock's developer sues the Trump administration in federal court for violating the First Amendment, after Apple removed its app under White House pressure — The developer of ICEBlock, an iPhone app that anonymously tracks the presence of Immigration and Customs Enforcement agents … | Ellen Gamerman / Wall Street Journal: |
Inside Particle6's creation of AI actress Tilly Norwood, which included 2,000 iterations; Particle6 says it has signed ~60 NDAs for projects involving Tilly — How the human behind Tilly Norwood brought her to digital life — Tilly Norwood, an “actress” built with artificial intelligence … | Shirin Ghaffary / Bloomberg: |
OpenAI survey of 9,000 workers at 100 companies: its tools save workers ~40-60 minutes daily on average for professional tasks; OpenAI has 1M+ business clients — OpenAI's artificial intelligence products are saving workers an average of about 40 to 60 minutes a day on professional tasks … | Alex Dooler / Bloomberg: |
Binance receives three licenses from Abu Dhabi's financial regulator, allowing comprehensive operations across its exchange, clearing, and brokerage arms — Binance has won three separate licenses from Abu Dhabi's financial regulator, giving the crypto exchange giant one of its most comprehensive regulatory footholds yet.Sponsor Posts
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Zoho:
What's new in Zoho Tables with Apple's latest OS updates — Your work shouldn't slow you down when you're on the move.With our latest updates for iOS 27, we're bringing more of Apple Intelligence …
What's new in Zoho Tables with Apple's latest OS updates — Your work shouldn't slow you down when you're on the move.With our latest updates for iOS 27, we're bringing more of Apple Intelligence …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Soxton:
Fast, affordable law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!
Fast, affordable law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!Featured Podcasts
Sources:
OpenAI's Dots lead on the future of ChatGPT
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Great Chat:
What does the tech industry owe San Francisco?
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
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Uncapped with Jack Altman:
David George from a16z
Conversations with people I admire about things I'm genuinely interested in.
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Big Technology Podcast:
SAP CEO: AI Won't Kill Software, But It Will Change Your Job — With Christian Klein
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Channels with Peter Kafka:
David Ellison's Paramount-Warner Empire & The Fight That Comes Next
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
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Invest Like the Best:
Noah Shinn - Building Instinct: The Personal Agent
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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