Breakingviews is raising an eyebrow at the news from yesterday about Broadcom’s unsolicited $105 billion offer for Qualcomm [the largest-ever proposed tech deal], especially in light of the “mountain of debt” Broadcom would be taking on in order to make the merger happen – NYTimes [and WSJ]

We noted yesterday that William Dudley is taking an early leave from the NY Fed. We can report this morning that he won’t be doing so without ruffling a few feathers – NYTimes and WSJ

The Journal’s take on what the recent intrigue among the Saudi royal family (and, interestingly, some technocrats and business leaders) means for global investors and the kingdom’s recent efforts to diversify its economy – WSJ [and Bloomberg]

And it’s prompted a discussion about outsized Saudi money in the tech industry – NYTimes

The 2d Circuit delivered a big win to a group of investors who were granted class status at the trial court level in their suit against Barclays over alleged misrepresentations the bank made over its dark pool oversight – Law360

Bitcoin can thank several factors for its recent monumental upswing. But be sure to include hedge funds and other institutional investors among them – NYTimes

Your Daily Dose financial term of the week is “MiFID II”—a “sweeping set of financial regulations” from European regulators that will take effect on January 3 and impact thousands of US brokers, traders, and money managers as well – Bloomberg

In an effort, no doubt, to offer something other than its failed merger with T-Mobile for the papers, Sprint announced yesterday that it will drop $5-6 billion a year in coming years on network upgrades – WSJ

Shared gingerness aside, I’ve never been much of a Team Coco guy, myself. But I got a kick out of this look at some of the bizarre [not exactly a Carpool Karaoke segment with Tom Cruise] and truly personal efforts from the most-seasoned veteran of late night – NYTimes