Oracle reports Q2 revenue up 14% YoY to $16.06B vs. $16.21B est., remaining performance obligations up 438% to $523B vs. $502B est.; ORCL drops 5%+ after hours (Jordan Novet/CNBC)

CNBC

Oracle plummets 11% on weak revenue, pushing down AI stocks like Nvidia and CoreWeave

Oracle flagged new business from Meta and Nvidia in reporting a 438% increase in remaining performance obligations.

Techmeme

Oracle reports Q2 revenue up 14% YoY to $16.06B, below $16.21B est., and raises its FY capex forecast to ~$50B, up from $35B as of September; ORCL drops 15%+

By Jordan Novet / CNBC. View the full context on Techmeme.

Reddit starts a limited test of verified profiles, an opt-in feature that places a gray checkmark beside the usernames of notable people or businesses (Amanda Silberling/TechCrunch)

TechCrunch

Reddit is testing verification badges | TechCrunch

Verified users will actually be notable figures, not just people who paid for the checkmark.

Techmeme

Reddit starts a limited alpha test of verified profiles, an opt-in feature that places a gray checkmark next to the usernames of notable people or businesses

By Amanda Silberling / TechCrunch. View the full context on Techmeme.

Sources: Google is set to be hit with a potentially large EU fine in Q1 2026 if it does not do more to ensure Google Play complies with EU competition rules (Foo Yun Chee/Reuters) https://www.reuters.com/sustainability/boards-policy-regulation/google-faces-fines-over-google-play-if-it-doesnt-make-more-concessions-sources-2025-12-10/

Techmeme

Sources: Google is set to be hit with a potentially large EU fine in Q1 2026 if it doesn

By Foo Yun Chee / Reuters. View the full context on Techmeme.

OpenAI says the cyber capabilities of its frontier AI models are accelerating and warns that upcoming models are likely to pose a "high" risk (Ina Fried/Axios) https://www.axios.com/2025/12/10/openai-new-models-cybersecurity-risks

Techmeme

OpenAI says the cyber capabilities of its frontier AI models are accelerating, and warns that upcoming models are likely to pose a “high” cybersecurity risk

By Ina Fried / Axios. View the full context on Techmeme.

Google releases fully managed, remote MCP servers to help developers connect AI agents to services such as Maps, BigQuery, Compute Engine, and Kubernetes Engine (Rebecca Bellan/TechCrunch)

TechCrunch

Google launches managed MCP servers that let AI agents simply plug into its tools | TechCrunch

Google is rolling out managed MCP servers to make its services “agent-ready by design,” starting with Maps and BigQuery, aiming to simplify mes...

Techmeme

Google releases fully managed, remote MCP servers to help developers connect AI agents to services such as Maps, BigQuery, Compute Engine, and Kubernetes Engine

By Rebecca Bellan / TechCrunch. View the full context on Techmeme.

Sources: Blue Origin has worked for over a year on tech for orbital AI data centers; SpaceX plans to use upgraded Starlink satellites for AI computing payloads (Wall Street Journal) https://www.wsj.com/tech/bezos-and-musk-race-to-bring-data-centers-to-space-faa486ee?st=fZ9i5V&reflink=desktopwebshare_permalink

Techmeme

Sources: Blue Origin has worked for over a year on tech for orbital AI data centers; SpaceX plans to use upgraded Starlink satellites for AI computing payloads

From Wall Street Journal. View the full context on Techmeme.

Sources: ByteDance and Alibaba have asked Nvidia about placing large orders for H200 chips after Trump's export approval, as they remain concerned about supply (Reuters) https://www.reuters.com/business/autos-transportation/bytedance-alibaba-keen-order-nvidia-h200-chips-after-trump-green-light-sources-2025-12-10/

Techmeme

Sources: ByteDance and Alibaba have asked Nvidia about placing large orders for H200 chips after Trump

From Reuters. View the full context on Techmeme.

Sources: EU competition watchdogs raided Temu's European headquarters in Dublin last week, amid suspicions Temu may have received unfair subsidies from Beijing (Peter Chapman/Bloomberg) https://www.bloomberg.com/news/articles/2025-12-10/temu-s-europe-hq-raided-as-part-of-eu-foreign-subsidy-probe

Techmeme

Sources: EU competition watchdogs raided Temu

By Peter Chapman / Bloomberg. View the full context on Techmeme.

Tim Cook met with US lawmakers in a closed-door meeting to lobby against provisions in pending legislation that would require app stores to verify users' ages (Bloomberg) https://www.bloomberg.com/news/articles/2025-12-10/apple-s-cook-presses-us-lawmakers-over-child-online-safety-laws

Techmeme

Tim Cook met with US lawmakers in a closed-door meeting to lobby against provisions in pending legislation that would require app stores to verify users

From Bloomberg. View the full context on Techmeme.

Nick Clegg joins London-based VC firm Hiro Capital as a general partner, and Yann LeCun joins the firm as an adviser; sources: Hiro looks to raise a €500M+ fund (Financial Times)

Client Challenge

Techmeme

Nick Clegg joins London-based VC firm Hiro Capital as a general partner, and Yann LeCun joins the firm as an adviser; sources say Hiro is raising a €500M+ fund

From Financial Times. View the full context on Techmeme.