Caroline Hyde

Time now for Talking Tech.

First up, one of China's leading AI chip makers, MoreThreads, jumped 425% in its Shanghai trading debut.

The startup drew strong investor interest in its IPO, with the retail portion oversubscribed by 2,750 times.

Now, MoreThreads joins CameraCon, Huawei, and Racing to fill a market void after Nvidia was, of course, forced to exit China.

Plus, SoftBank, well, it's said to be in talks to acquire Digital Bridge, a PE firm with heavy investments in assets like data centers, according to sources.

Now, the potential deal builds on SoftBank's efforts to take advantage of an AI-driven boom in digital infrastructure.

A transaction could come together in a matter of weeks.

And BlackRock's iShares Bitcoin Trust recorded its longest streak of weekly withdrawals since its debut back in January 2024.

Investors yanked more than $2.7 billion from the ETF over the five weeks to November the 28th.

The ETF is now on pace for a sixth straight week of net outflows.

Well, the policymakers are really being egged on by Congress and not just by Elizabeth Warren.

We're seeing Republicans, including California's Darrell Issa, get into the act.

And he is flagging his concerns on the consumer side.

And really, it would fall to the Justice Department to conduct this review.

Our expectation is that the agency's antitrust division will give this transaction the wire brush treatment.

It will not go through the review process very easily.

The biggest concern, Ed, really is around the streaming question.

Of course, Warner Brothers has its storied movie studios and deep library of film and other productions.

But it also owns HBO Max, which is the fourth largest streaming service in the world to Netflix's number one.

So when you combine those, that would give Netflix following this deal 30 percent control over the global streaming market, 450 million users worldwide.