Shares of Broadcom, CoreWeave, and Oracle, companies tied to the AI infrastructure buildout, extend last week's decline; ORCL is down 46%+ since September 10 (Ari Levy/CNBC)
CNBC
AI infrastructure selloff continues on Wall Street as Broadcom, Oracle shares slide
In at least one corner of the AI market, sentiment has turned decidedly negative.
Techmeme
Shares of Broadcom, CoreWeave, and Oracle, companies tied to the AI infrastructure buildout, extend last week
By Ari Levy / CNBC. View the full context on Techmeme.
Intel appoints Robin Colwell, deputy assistant to President Trump and deputy director of the National Economic Council, as its head of government affairs (Stephen Nellis/Reuters) https://www.reuters.com/business/intel-appoints-trump-economic-adviser-head-government-affairs-2025-12-15/
Techmeme
Intel names Robin Colwell, deputy assistant to President Trump, as its head of government affairs, and Pushkar Ranade, the CEO
By Stephen Nellis / Reuters. View the full context on Techmeme.
Sources: Disney's Sora deal is entirely in OpenAI stock rather than a cash licensing fee; Disney has the option to buy additional stock beyond the $1B stake (Bloomberg)
Bloomberg.com
OpenAI Deal to License Disney Characters Is Entirely in Stock
OpenAI is getting access to Disney’s kingdom without cutting a check.
Techmeme
Sources: Disney
From Bloomberg. View the full context on Techmeme.
Sources: Notion told staff it is doing a $300M tender offer at an $11B valuation, ahead of a potential IPO; it passed $600M in ARR, half of it from AI products (Anna Tong/Forbes)
Forbes
Notion Kicks Off Employee Share Sale At $11 Billion Valuation As AI Accelerates Its Growth
The company, which sells a popular productivity software application and now wants to be an ‘AI everything’ app, recently passed $600 million i...
Techmeme
Sources: Notion told staff it is doing a $300M tender offer at an $11B valuation, ahead of a potential IPO, and passed $600M in ARR, half of it from AI products
By Anna Tong / Forbes. View the full context on Techmeme.
How crypto entrepreneur Bill Zanker helped Trump and Melania launch memecoins; as of December 10, $TRUMP was down 92% since its peak and $MELANIA was down 99% (Bloomberg)
Bloomberg.com
Donald and Melania Trump’s Terrible, Tacky, Seemingly Legal Memecoin Adventure
No one wants to claim credit for helping the first couple launch cryptocurrencies that plummeted more than 90% from their peak.
Techmeme
How crypto entrepreneur Bill Zanker helped Donald and Melania Trump launch memecoins; $TRUMP is down 88%+ from its peak and $MELANIA is down 98%+ from its peak
From Bloomberg. View the full context on Techmeme.
The US FTC, along with 21 states and DC, files an amended complaint against Uber, alleging deceptive billing and cancellation practices related to Uber One (Reuters) https://www.reuters.com/world/us-ftc-21-states-file-amended-complaint-against-uber-alleging-deceptive-billing-2025-12-15/
Techmeme
The US FTC, along with 21 states and DC, files an amended complaint against Uber, alleging it engaged in deceptive Uber One billing and cancellation practices
From Reuters. View the full context on Techmeme.
Cloudflare 2025 report: global internet traffic grew 19% in 2025, ChatGPT was the most popular AI service, global traffic from Starlink grew 2.3x, and more (Cloudflare) https://radar.cloudflare.com/year-in-review/2025
Techmeme
Cloudflare
From Cloudflare. View the full context on Techmeme.
GM is adding native Apple Music to select vehicles, and rolls out support for digital keys, after it started phasing out CarPlay in 2023 (Andrew J. Hawkins/The Verge)
The Verge
Cadillac and Chevy are getting native Apple Music
Native app experiences
Techmeme
GM adds native Apple Music to select 2025 model year Cadillac and Chevrolet vehicles, and rolls out digital key support, after phasing out CarPlay from 2023
By Andrew J. Hawkins / The Verge. View the full context on Techmeme.
Sources: xAI has created an enterprise AI sales group, but xAI's lack of experience in selling to big businesses is holding potential customers back (Theo Wayt/The Information) https://www.theinformation.com/articles/xai-uphill-battle-selling-grok-businesses
Techmeme
Sources: xAI created an enterprise AI sales group six months ago, but xAI
By Theo Wayt / The Information. View the full context on Techmeme.
Lidar manufacturer Luminar files for Chapter 11 bankruptcy and says it reached a deal to sell its semiconductor subsidiary to Quantum Computing Inc. for $110M (Reshmi Basu/Bloomberg) https://www.bloomberg.com/news/articles/2025-12-15/volvo-supplier-luminar-files-bankruptcy-after-contract-dispute
Techmeme
Lidar manufacturer Luminar files for Chapter 11 bankruptcy and says it reached a deal to sell its chip subsidiary to Quantum Computing Inc. for $110M in cash
By Reshmi Basu / Bloomberg. View the full context on Techmeme.