David Sacks says Trump's AI EO aims to ease companies' compliance burden and that the administration is working with Congress on a common AI oversight standard (Bloomberg)
Bloomberg.com
White House AI Czar Defends Trump Push to Rein in State Rules
White House AI czar David Sacks defended President Donald Trump’s push to rein in state-level regulation of artificial intelligence over objectio...
Techmeme
David Sacks says Trump
From Bloomberg. View the full context on Techmeme.
Google expands Google Translate's live speech translation from Pixel Buds to any headphones, supporting 70+ languages, in beta on compatible Android phones (Stevie Bonifield/The Verge)
The Verge
Google Translate brings real-time speech translations to any headphones
Live translation, no Pixel Buds required
Techmeme
Google expands Google Translate
By Stevie Bonifield / The Verge. View the full context on Techmeme.
Policymakers behind key state AI bills scoff at Trump's EO; some GOP governors are pushing ahead with their own AI bills; Steve Bannon says Sacks misled Trump (Axios) https://www.axios.com/2025/12/12/trump-states-defiant-ai-executive-order
Techmeme
Policymakers behind key state AI bills scoff at Trump
From Axios. View the full context on Techmeme.
Sources: X reported $752M in Q3 revenue, up 17% YoY, a net loss of $577.4M, and EBITDA of ~$454M, up 16%; revenue for the first nine months of 2025 was $2B+ (Carmen Arroyo/Bloomberg)
Bloomberg.com
Musk’s X Posts Higher Sales Amid Costly Turnaround
Sales at Elon Musk’s X jumped during the third quarter, but the social network is still dealing with significant costs β€” including from the fir...
Techmeme
Sources: X reported $752M in Q3 revenue, up 17% YoY, a net loss of $577.4M, and EBITDA of ~$454M, up 16%; revenue for the first nine months of 2025 was $2B+
By Carmen Arroyo / Bloomberg. View the full context on Techmeme.
Source: livestream shopping app Whatnot nears ~$1B in revenue for 2025; Whatnot says it has passed $6B in gross sales this year, more than doubling 2024's sales (Ann Gehan/The Information) https://www.theinformation.com/briefings/livestream-shopping-app-whatnot-nears-1-billion-2025-revenue
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Source: livestream shopping app Whatnot nears ~$1B in revenue for 2025; Whatnot says it has passed $6B in gross sales this year, more than doubling 2024
By Ann Gehan / The Information. View the full context on Techmeme.
Companies are updating insider trading policies to cover prediction markets; Kalshi and others are pushing for federal oversight, including of insider trading (Rocket Drew/The Information) https://www.theinformation.com/articles/polymarket-bets-openai-google-raise-insider-trading-suspicions
Techmeme
Companies are updating insider trading policies to cover prediction markets; Kalshi and others are pushing for federal oversight, including of insider trading
By Rocket Drew / The Information. View the full context on Techmeme.
Sources: Oracle has pushed back completion dates for some data centers it is building for OpenAI from 2027 to 2028, largely due to labor and material shortages (Brody Ford/Bloomberg)
Bloomberg.com
Oracle Delays Some Data Center Projects for OpenAI to 2028
Oracle Corp. has pushed back the completion dates for some of the data centers it’s developing for the artificial intelligence model developer Op...
Techmeme
Sources: Oracle has delayed completion of some OpenAI data centers from 2027 to 2028, largely due to labor and material shortages; Oracle denies delays
By Brody Ford / Bloomberg. View the full context on Techmeme.
Kalshi integrates its event trading platform into the popular crypto wallet Phantom; Dune: in November, Kalshi's trading volume hit $5.8B vs. Polymarket's $3.7B (Nina Bambysheva/Forbes) http://www.forbes.com/sites/digital-assets/2025/12/12/kalshi-challenges-polymarkets-crypto-connections-launching-tokenized-event-trading-via-phantom-wallet/
Techmeme
Kalshi integrates its event trading platform into the popular crypto wallet Phantom; Dune: in November, Kalshi
By Nina Bambysheva / Forbes. View the full context on Techmeme.