Reuters reveals ⁠China has secretly built a prototype chipmaking machine⁠ in a six-year effort insiders compare to the Manhattan Project. President Donald Trump delivers a holiday address boasting of accomplishments as the House fails to rein in his Venezuela aggression.  Warner Bros Discovery rejects Paramount Skydance's $100 billion hostile takeover bid, backing Netflix's offer instead. Plus Nick Reiner, son of director Rob Reiner, appears in court charged with murdering his parents. Recommended Read: AI romance blooms as Japanese woman weds virtual partner of her dreams Listen to Morning Bid podcast ⁠⁠here⁠⁠. Sign up for the Reuters Econ World newsletter ⁠⁠here⁠⁠.  Listen to the Reuters Econ World podcast ⁠⁠here⁠⁠. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices.  You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices