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WSJ Tech News Briefing

TNB Tech Minute: Alphabet to Buy Intersect for AI Energy Plans

WSJ Tech News Briefing

The Wall Street Journal

Tech News, News

4.31.7K Ratings

🗓️ 22 December 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: Coinbase to acquire The Clearing Company to become an “everything exchange.” And Italy fines Apple roughly $115 million over the company’s app tracking policy. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

As companies seek to close growing gaps in skills and talent,

0:04.0

Deloitte US CEO Jason Garzatus believes it's important for organizations to understand their baseline of skills.

0:10.0

There's so many organizations that can't ask and answer the fundamental questions about how much computer science or data management skills do I have or AI development skills in a given domain. By performing a skills inventory, leaders can truly understand where their efforts should be focused.

0:25.7

Being blind to those gaps is the real miss.

0:28.4

Visit Deloitte.com to learn how your enterprise can help successfully cultivate talent.

0:34.4

Here's your afternoon, TNB Tech Minute, for Monday, December 22nd. I'm Julie Chang for the Wall Street Journal.

0:41.5

Google Parent Alphabet has agreed to acquire Intersect, which builds renewable energy plants for $4.75 billion.

0:49.2

The deal is intended to help meet the energy demands of artificial intelligence.

0:53.6

Alphabet's purchase includes

0:55.0

Intersects data center projects, multiple gigawatts of energy, and the Intersect team. The acquisition

1:00.8

is set to close in the first half of next year. And another deal, Coinbase is pushing deeper into

1:07.1

the prediction market space by buying the San Francisco startup, The Clearing Company.

1:12.0

Just last week, Coinbase rolled out prediction markets to its users, which allows them to

1:17.2

bet on yes or no questions regarding the outcomes of everything, ranging from sports games to

1:22.2

elections. Coinbase said it's expanding outside of crypto to become a, quote, everything

1:27.2

exchange, or a one-stop

1:28.8

shop that offers a wide array of financial services and products. And Apple has been fined roughly

1:35.2

$15 million in Italy. The country's competition watchdog says Apple abused its dominance in the

1:42.1

digital economy through its app tracking transparency policy.

1:46.0

The regulator claims Apple essentially forces app developers to seek consent twice to collect

1:51.6

and use data for advertising, harming Apple's commercial partners. Apple says its policy lets users

1:57.5

easily decide whether apps can track their online activity and that it'll continue to defend the system.

...

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