Ivan Mehta / TechCrunch:
Just Eat Takeaway announces that it is selling Grubhub to Wonder in a $650M deal expected to close in Q1 2025; Just Eat bought Grubhub for $7.3B in 2020 — Netherlands-based Just Eat Takeaway announced today that it is selling Grubhub to Wonder in a deal valued at $650 million.
Media executives say that some brands were preparing to advertise on X once again, as Elon Musk was likely to gain an influential Trump administration role (Financial Times)
Financial Times:
Media executives say that some brands were preparing to advertise on X once again, as Elon Musk was likely to gain an influential Trump administration role — Some brands had abandoned the site over moderation concerns — Elon Musk’s support for Donald Trump is set to boost X’s flagging business …
Klarna files for a US IPO; analysts put Klarna’s implied valuation at ~$14.6B in October 2024 after shareholder Chrysalis upped the value of its stake to $154M (Charles Daly/Bloomberg)
Charles Daly / Bloomberg:
Klarna files for a US IPO; analysts put Klarna’s implied valuation at ~$14.6B in October 2024 after shareholder Chrysalis upped the value of its stake to $154M — Swedish payments firm Klarna Group Plc has filed for an initial public offering in the US, ending months of speculation that the company was readying a stock market listing.
Google DeepMind releases AlphaFold 3’s source code and model weights for academic use, which could accelerate scientific discovery and drug development (Michael Nuñez/VentureBeat)
Michael Nuñez / VentureBeat:
Google DeepMind releases AlphaFold 3’s source code and model weights for academic use, which could accelerate scientific discovery and drug development — Google DeepMind has unexpectedly released the source code and model weights of AlphaFold 3 for academic use, marking a significant advance …
A look at Qwen2.5-Coder-32B-Instruct, which Alibaba claims can match GPT-4o coding capabilities and is small enough to run on a MacBook Pro M2 with 64GB of RAM (Simon Willison/Simon Willison’s Weblog)
Simon Willison / Simon Willison’s Weblog:
A look at Qwen2.5-Coder-32B-Instruct, which Alibaba claims can match GPT-4o coding capabilities and is small enough to run on a MacBook Pro M2 with 64GB of RAM — There’s a whole lot of buzz around the new Qwen2.5-Coder Series of open source (Apache 2.0 licensed) LLM releases from Alibaba’s Qwen research team.
Mac mini (2024) teardown: the SSD module is proprietary but replaceable, modular front ports, and the M4 Pro model has a beefier cooling rig than the M4 model (Charlie Sorrel/iFixit News)
Charlie Sorrel / iFixit News:
Mac mini (2024) teardown: the SSD module is proprietary but replaceable, modular front ports, and the M4 Pro model has a beefier cooling rig than the M4 model — It shouldn’t be a big story that a desktop computer has upgradeable internal storage, but with Apple’s cute new 2024 Mac mini, that’s exactly where we are.
YouTube is testing a new feature that will let a small group of creators use AI to “restyle” licensed songs for their Shorts through prompts (Emma Roth/The Verge)
Emma Roth / The Verge:
YouTube is testing a new feature that will let a small group of creators use AI to “restyle” licensed songs for their Shorts through prompts — YouTube is testing a new feature that will let creators use AI to “restyle” licensed songs for their shorts.
Prosus says it has made $2B+ on its Swiggy investment and will retain a 25% stake after Swiggy’s IPO, which valued the food and grocery delivery firm at ~$11.3B (Loni Prinsloo/Bloomberg)
Loni Prinsloo / Bloomberg:
Prosus says it has made $2B+ on its Swiggy investment and will retain a 25% stake after Swiggy’s IPO, which valued the food and grocery delivery firm at ~$11.3B — – Top Tencent investor says it will keep 25% of its Swiggy stake — Prosus actively seeking deal opportunities with cash-pile
Shares of Swiggy opened up ~8% on their trading debut after the company raised $1.34B in its IPO, which became the second largest IPO in India this year (Lim Hui Jie/CNBC)
Lim Hui Jie / CNBC:
Shares of Swiggy opened up ~8% on their trading debut after the company raised $1.34B in its IPO, which became the second largest IPO in India this year — Shares of Indian food delivery giant Swiggy rose nearly 8% on their trading debut Wednesday after its IPO became the country’s second largest this year.
Dogecoin spikes ~20% after Donald Trump announced the creation of the Department of Government Efficiency or DOGE; Dogecoin is up 153% since Election Day (Tanaya Macheel/CNBC)
Tanaya Macheel / CNBC:
Dogecoin spikes ~20% after Donald Trump announced the creation of the Department of Government Efficiency or DOGE; Dogecoin is up 153% since Election Day — Dogecoin shot higher on Tuesday night, extending its postelection surge after President-elect Donald Trump formally announced the creation …
