Techmeme
December 22, 2025, 1:05 PM

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.
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.
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.
More: Bloomberg
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
Mitchell Peters / Billboard:
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 …
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
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.

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Featured Podcasts

Channels with Peter Kafka:
Jeff Bezos Used To Be In Love with The Washington Post. What Happened?
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.
Subscribe to Channels with Peter Kafka.
Cheeky Pint:
Elon Musk on Space GPUs, AI, Optimus, and his manufacturing method
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
Access:
Where AI video is headed next, with Synthesia's Victor Riparbelli
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Great Chat:
Is building in public over?
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
The Nick, Dick and Paul Show:
Side Effects May Include...(Wellness Industry Pt. 2)
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
Subscribe to The Nick, Dick and Paul Show.
Tools and Weapons with Brad Smith:
Special Edition: Key findings from the Microsoft AI Diffusion Report
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

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