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December 22, 2025, 1:40 PM
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memeorandum
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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.| 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.| 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.| 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
More: Decrypt, Gizmodo, CoinDesk, Financial Post, Cointelegraph, and crypto.news
X: @arashmassoudi and @silvermanjacob
Bluesky: @carnage4life, @marypcbuk, and @tonytassell
| 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
More: The Verge, Instacart, Associated Press, CNBC, NBC News, Quartz, Engadget, Mashable, CBS News, and Axios
X: @alexsjacquez and @armanddoma
| 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 …
More: Benzinga, Reuters, MarketWatch, Mercury News, Engadget, Paramount Skydance Corporation, Forbes, Bloomberg Law, Yahoo Finance, One America News Network, The Daily Caller, Livemint, Australian Financial Review, WPXI-TV, UPI, Proactive, Straight Arrow News, Media Play News, Fortune, Inc.com, Fortune India, Washington Post, Bloomberg, Quartz, The Guardian, Axios, Business Insider, New York Times, NBC News, New York Post, The Wrap, Deadline, Financial Times, Variety, Hindustan Times, The Hollywood Reporter, Wall Street Journal, Screen, NewsMax.com, GameSpot, World of Reel, Cord Cutters News, Screen Rant, The Present Age, Advanced Television, and Sharecast
X: @sarafischer, @antoinegara, @sarthakgh, and @loudmouthjulia
Forums: r/MediaMergers and r/boxoffice
| Mitchell Peters / Billboard: |
Pirate activist group Anna's Archive says it scraped 86M music files and 256M rows of track metadata from Spotify, and releases them in ~300TB of torrent files — The breach allegedly includes 86 million audio files.
More: The Register, Music Ally, Tom's Hardware, The Guardian, TorrentFreak, Decrypt, Gizmodo, Android Authority, Anna's Blog, Thurrott, PCWorld, CSO, GameRevolution, Mashable, PCMag, Dexerto, Digital Trends, CyberInsider, AIN, Sherwood News, Daily Sabah, and Doc Searls Weblog
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Bluesky: @mikebutcher and @gpgomez
Forums: Hacker News, Hacker News, r/Music, r/dataisbeautiful, r/MusicBrainz, r/revancedapp, r/selfhosted, r/Piracy, r/DataHoarder, and Slashdot
| Emily Steel / New York Times: |
Investigation: in 22 US states, Uber approves drivers with many types of convictions, such as violent felonies, that are over seven years old to keep costs low — The ride-hailing giant's background check process was intended to speed drivers onto its network while keeping costs down, internal documents show.| Bloomberg: |
Filings: Chinese AI startups Zhipu and MiniMax report 2024 revenue of $44.4M and $30.5M, respectively, as both prepare for Hong Kong IPOs in the coming weeks — Chinese OpenAI contenders MiniMax and Zhipu AI offered the first look into their business models and profit prospects in listing filings …
More: Cautious Optimism, Tech in Asia, and CNBC
| Denitsa Tsekova / Bloomberg: |
FanDuel and CME Group launch a prediction market app called FanDuel Predicts in five US states, just days after DraftKings rolled out a similar product — FanDuel, the US online gambling division of Flutter Entertainment Plc, launched its own prediction-market app in five states just days …
More: Reuters, FanDuel Group; CME Group, and Front Office Sports
| Max Tani / Semafor: |
Adam Mosseri says “maybe we'll need” premium longform video for Instagram, and that TikTok's US sale turmoil has given Meta time to retune algorithms — A day before Instagram's new integration for Amazon Fire smart TVs was set to roll out, Adam Mosseri, who runs the platform for Meta …
More: iPhone in Canada, 9to5Mac, and Moneycontrol
| Bloomberg: |
How the global AI boom is driven by thousands of newcomers, diluting Big Tech's infrastructure dominance; US data center credit deals hit $178.5B in 2025 so far — In the golden hills of Puglia, a southern region of Italy known today for its olive trees, white cliffs and turquoise mediterranean coves … | 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.
More: Tom's Guide, Android Police, and Moneycontrol
Bluesky: @ering, @shiraovide, @harrymccracken.com, and @kashhill
| The Chip Letter: |
A look at Google's TPU evolution, its decision to sell chips to competitors after 12 years of internal use, the TPU vs. GPU architecture showdown, and more — Is GPU vs TPU the CISC vs RISC contest of the modern era? … All of a sudden, everyone is talking - and writing - about Google's TPUs (Tensor Processing Units).
LinkedIn: Aditya Harit
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