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Small notes on big news



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Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. 
What a week, y’all. What a week. Somehow the news is still at it, even if we’re an inch away from the back half of December. So much for a holiday slowdown! Up first, some notes on the week’s key news, then we’re talking vector search and some final book recs. Into the breach!

The end of SPACs as we know them: It’s a gosh darn dumb idea to spend time calling top on any particular market movement — it’s a great way to look silly in public. Still, the growing smoke surrounding the Trump Media SPAC has reached smog levels as the BuzzFeed SPAC deal did ever …

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