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 …
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 …
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.
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 …
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 …
Binance receives three licenses from Abu Dhabi's financial regulator, allowing comprehensive operations across its exchange, clearing, and broker-dealer 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.
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
Internal memo: Johny Srouji, who oversees Apple's chip division, tells his employees that “I don't plan on leaving anytime soon”
Apple Inc.'s Johny Srouji, who oversees the company's chip division, told staff that he's staying at the iPhone maker.
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 …
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 …
Michael Saylor's Strategy acquired 10,624 bitcoin for $962.7M between December 1 and 7, its largest BTC purchase since July; MSTR is down ~40% so far in 2025
Key BTC Trading Levels Vivian Nguyen / Crypto Briefing : Strategy acquires $963 million in Bitcoin at over $90,000 Amin Ayan / Cryptonews : Billionaire Michael Saylor Adds 10,624 BTC in Latest Purchas...
Nikita Bier accuses the European Commission of trying to deceptively amplify the reach of its X post about its €120M fine of X; X terminates the EC's ad account
to post a link that deceives users into thinking it's a video and to artificially increase its reach. As you may be aware, X believes everyone should have an equal voice on our platform. However, it...
Sources: Skild AI, which develops a foundation model for robots, is in talks to raise $1B+ from SoftBank and Nvidia at a ~$14B valuation, up from $4.7B in July
Japan's SoftBank Group (9984.T) and Nvidia (NVDA.O) are in talks to invest in Skild AI, in a more than $1 billion funding round …
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.
Google says Gemini 3 Pro sets new vision AI benchmark records, including in complex visual reasoning, beating Claude Opus 4.5 and GPT-5.1 in some categories
Raising Concerns for Real-World Use Will McCurdy / PCMag : ChatGPT Overtakes Amazon, X, Reddit, WhatsApp, and Wikipedia in Visitors X: Demis Hassabis / @demishassabis : Gemini has always had exception...
Coinbase reopens app registrations in India after an over-two-year pause, letting users make crypto-to-crypto trades, and plans to open up crypto buying in 2026
Ivan Mehta / TechCrunch :
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 …
How “cash to crypto” swaps allow users everywhere to convert local currencies to stablecoins and then to debit cards, avoiding financial oversight and sanctions
www.nytimes.com/2025/12/07/t... Ken Caldeira / @kencaldeira.com : Is there any purpose to cryptocurrency other than to facilitate criminal activity? — www.nytimes.com/2025/12/07/t... Waldo Jaquith /...
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
Shirin Ghaffary / Bloomberg :
NextEra Energy expands its partnership with Google Cloud to develop data centre campuses across the US and secures 2.5+ GW of clean energy contracts from Meta
Vallari Srivastava / Reuters :
Police in Edmonton, Canada, partner with Axon to test body cameras with AI facial recognition, and say the results will be analyzed later at police stations
switched on last week— is raising alarms far beyond Edmonton, the continent's northernmost city of more than 1 million people.” Forums: r/Edmonton : AI-powered police body cameras, once taboo, get tes...
India's Tata Electronics signs up Intel as a prospective customer for its upcoming chip facilities; Tata is investing ~$14B to build fabs in Gujarat and Assam
Nandan Mandayam / Reuters :
A look at an “etiquette camp” in San Francisco that teaches young founders how to dress, act, and talk, amid shifting expectations as the industry gains power
Not that I like Silicon Valley bros, but clinging to dated stereotypes in a workshop and not trying to nudge folks to more collaborative behaviours overall is a fail in my book. @drsurekhadavies : Wil...
Leaked letter: Tiger Global launches Private Investment Partners 17, a fund targeting raising ~$2B to $3B, signaling a pivot from megafunds to more discipline
Tiger Global Management announced Monday the launch of its latest venture capital fund, Private Investment Partners 17 …
Users of ByteDance's agentic AI phone Nubia M153 report that its Doubao assistant is blocked or limited by Tencent's WeChat, Alibaba's Taobao, and other apps
Cissy Zhou / Nikkei Asia :
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
Ellen Gamerman / Wall Street Journal :
Impressions from a London test ride in a car using Wayve's self-driving tech; Wayve has raised $1.3B since its launch and is testing cars with Level 2+ autonomy
John Thornhill / Financial Times :
How Pathway, a startup developing an alternative to the transformer, aims to use its Dragon Hatchling architecture to create a new class of adaptive AI systems
Steven Rosenbush / Wall Street Journal :
Interviews with 10 Kenyan AI annotators show how Chinese companies hire data labelers via opaque middleman networks and WhatsApp groups to avoid accountability
Rest of World : LinkedIn: Dámiláre Dòsùnmú . Bluesky: @fireantprincess and @restofworld.org LinkedIn: Dámiláre Dòsùnmú : my latest story is about how chinese AI companies are quietly tapping into ken...
An interview with Headspace CEO Tom Pickett on AI chatbot Ebb, which he insists is not for serious mental health issues, upgrading from text to voice, and more
👏 Well done to Tom Pickett for saying this out loud as a CEO. …
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