Mozilla appoints Anthony Enzor-DeMeo as its CEO amid a challenging period for Mozilla's for-profit arm with layoffs, restructuring, and its Google dependence (David Pierce/The Verge)
Databricks is raising a $4B Series L at a $134B valuation, up from $100B in August and $62B in December 2024, and had a $4.8B annual revenue run rate in October (Belle Lin/Wall Street Journal) https://www.wsj.com/articles/databricks-is-raising-funds-at-134-billion-valuation-4a2efaea?st=gxgVf7&reflink=desktopwebshare_permalink
Visa says it will allow US banks to settle transactions using Circle's USDC stablecoin over Solana, the US' first full deployment of a stablecoin settlement (Emily Mason/Bloomberg)
Elizabeth Warren and two Democratic senators write to Google, Microsoft, Amazon, Meta, and more to investigate AI data centers' role in rising electricity costs (New York Times)
Sources and a memo: Amazon plans to cut 370 jobs, or ~8.5% of its 4,370 employees, at its European HQ in Luxembourg, the country's biggest layoffs in 20 years (Benoit Berthelot/Bloomberg)
VW plans to end vehicle production at its Dresden plant, which opened in 2001, and convert it into a research hub focused on AI, robotics, and chip design (Gregory Schmidt/New York Times)
As Europe rearms, Anduril is trying to break through in the UK by co-funding major programs, cutting manufacturing deals, and billing itself as "Anglo-American" (Mark Bergen/Bloomberg)
Analysis: of the 8,808 global data centers in October 2025, ~7,000 are in areas outside the optimal 18C to 27C temperature range; 600 are in areas above 27C (Rest of World)
China approves two cars from state-owned automakers with Level 3 autonomous capabilities, the first such approvals; the cars can drive in Chongqing and Beijing (Reuters) https://www.reuters.com/world/asia-pacific/china-approves-first-batch-l3-autonomous-driving-vehicles-2025-12-15/
Global smartphone shipments in 2026 are set to shrink 2.1% due to rising memory costs, led by Chinese OEMs; DRAM price surges are set to raise costs by 10%-15% (Counterpoint Research)