Techmeme
December 13, 2025, 12:25 PM

Top News

Robin Wigglesworth / Financial Times:
Cisco's stock touched a new record high of $80.25 on December 10, surpassing its previous split-adjusted high of $80.06 on March 27, 2000; CSCO is up 31.64% YTD  —  🥳🥳🥳🥳🥳  —  It only took 25 years, eight months and 13 days, but the stock of Cisco Systems finally hit a new record high.
Simon Willison / Simon Willison's Weblog:
OpenAI quietly adopted Anthropic's “skills” mechanism in ChatGPT and Codex; ChatGPT's skills include creating and modifying spreadsheets, docx files, and PDFs  —  One of the things that most excited me about Anthropic's new Skills mechanism back in October is how easy it looked for other platforms to implement.
Mark Haranas / CRN:
Indian IT giant TCS agrees to acquire Coastal Cloud, a Florida-based Salesforce consulting partner, for $700M, in a bid to boost its AI and US customer business  —  Tata Consultancy Services is buying U.S.-based Salesforce Summit Partner Coastal Cloud for $700 million to boost its global presence and AI business.
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Gerrit De Vynck / Washington Post:
Trump's AI executive order directs federal agencies to look into withholding federal funding from states passing “the most onerous and excessive laws” around AI  —  The new executive order comes as a growing group of Republicans criticize Trump's staunch support of the tech industry's ambitions for artificial intelligence.
Bloomberg:
Andrew Welsch / Barron's Online:
Automated digital wealth management company Wealthfront's stock closed up 1.36% in its Nasdaq debut, valuing it at ~$2.7B, after raising $486M in its IPO  —  Wealthfront stock trades on the Nasdaq under the ticker symbol WLTH.  Its IPO priced at the top of its expected range.
Loren Grush / Bloomberg:
Internal message: SpaceX has authorized an insider share sale at $421/share, valuing the company at ~$800B, and said it's preparing for a possible IPO in 2026  —  SpaceX has authorized an insider share sale that values Elon Musk's rocket and satellite maker at about $800 billion …

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Duncan Riley / SiliconANGLE:
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