Friday, December 19, 2025

Sources: The Chan Zuckerberg Initiative cuts ties with FWD.us, an immigration advocacy group founded by Mark Zuckerberg, eliminating FWD.us' main funding source (Bloomberg)

Bloomberg:
Sources: The Chan Zuckerberg Initiative cuts ties with FWD.us, an immigration advocacy group founded by Mark Zuckerberg, eliminating FWD.us' main funding source  —  Mark Zuckerberg's philanthropy has cut ties with the pro-immigration advocacy group that he founded more than a decade ago …



Coinbase sues Connecticut, Illinois and Michigan over state attempts to regulate prediction markets, arguing that they fall under the jurisdiction of the CFTC (Olga Kharif/Bloomberg)

Olga Kharif / Bloomberg:
Coinbase sues Connecticut, Illinois and Michigan over state attempts to regulate prediction markets, arguing that they fall under the jurisdiction of the CFTC  —  Coinbase Global Inc. said it is suing the US states of Michigan, Illinois and Connecticut over their attempts to regulate prediction markets.



Sources: UK officials believe China was behind the October cyber attack on the UK's Foreign Office, which aimed to access tens of thousands of sensitive files (Financial Times)

Financial Times:
Sources: UK officials believe China was behind the October cyber attack on the UK's Foreign Office, which aimed to access tens of thousands of sensitive files  —  The UK's Foreign Office was the victim of a major cyber attack in October, which officials believe was carried out by Chinese hackers.



Sunday, December 14, 2025

Exor rejects Tether's all-cash offer for its 65.4% controlling stake in Juventus, which valued the Italian soccer club at €1.1B (Zack Abrams/The Block)

Zack Abrams / The Block:
Exor rejects Tether's all-cash offer for its 65.4% controlling stake in Juventus, which valued the Italian soccer club at €1.1B  —  Partner offers  —  Quick Take  — Italy's Agnelli family has unanimously rejected stablecoin giant Tether's $1.3 billion offer to buy the Juventus football club …



Solve Intelligence, which offers generative AI tools to law firms for IP and patent law work, raised a $40M Series B, bringing its total funding to $55M (Mike Butcher/Pathfounders)

Mike Butcher / Pathfounders:
Solve Intelligence, which offers generative AI tools to law firms for IP and patent law work, raised a $40M Series B, bringing its total funding to $55M  —  With most intellectual property or patent law work done with spreadsheets, docs, and PDFs, this is a ripe arena for generative AI …



How media coverage of Trump's AI EO overstated federal authority over states and overlooked how the order's interstate commerce argument could backfire (Mike Masnick/Techdirt)

Mike Masnick / Techdirt:
How media coverage of Trump's AI EO overstated federal authority over states and overlooked how the order's interstate commerce argument could backfire  —  The mainstream media just failed a basic civics test so badly that you'd think their brains have been pickled by the kinds of folks who spend all their time on X (oh, wait...).



A profile of ASML, Europe's most valuable company, as it prepares for a transition to High NA EUV, with high-volume manufacturing expected in 2027 and 2028 (Bloomberg)

Bloomberg:
A profile of ASML, Europe's most valuable company, as it prepares for a transition to High NA EUV, with high-volume manufacturing expected in 2027 and 2028  —  The Dutch company's machines are needed to make the AI chips that power ChatGPT and other models  —  When Christophe Fouquet interviewed …



PE firm Everstone combines India's Wingify, which helps A/B test sites, and France's AB Tasty, which improves e-commerce UX; Everstone bought Wingify for $200M (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch : PE firm Everstone combines India's Wingify, which helps A/B test sites, and France's AB Tasty, which...