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April 3, 2025, 9:20 AM
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Kif Leswing / CNBC:
Tech stocks fall after President Trump announced new global tariffs: Amazon drops as much as ~6%, Meta drops ~5%, Nvidia ~6%, Alphabet ~3%, and Microsoft ~3%  —  Apple slid more than 6% in late trading Wednesday and led a broader decline in tech stocks after President Donald Trump announced …
More: The White House, Barron's Online, ZDNET, Kotaku, Fortune, Coinpedia Fintech News, Verdict, Cointelegraph, Bloomberg, 19FortyFive, CBS News, The Register, Polymarket, The Hill, Channel News, PCMag, The Verge, TipRanks Financial, Tech in Asia, NBC News, United States Trade …, and Watcher Guru
Bluesky: @carnage4life.  X: @rabois, @saylor, @thestalwart, @micah_erfan, @balajis, @typesfast, @cobie, @jamessurowiecki, @billackman, @cobie, @krishnanrohit, @typesfast, @alecstapp, @lhsummers, @justinwolfers, @jamesrbuk, @dkthomp, @thestalwart, @jasonfurman, @rapidresponse47, @ivanwerning, @rapidresponse47, @esaagar, @frances_coppola, @rapidresponse47, @secretaryburgum, @dkthomp, @stavridisj, @ivanwerning, @rapidresponse47, @d_a_irwin, @saikatc, @typesfast, @thestalwart, @buccocapital, @mystephanomics, @sec_noem, @cliffordasness, @deanwball, @elerianm, @gopmajoritywhip, @jbulltard1, @secscottbessent, @rapidresponse47, @ustraderep, @alecstapp, @macaesbruno, @thestalwart, @thestalwart, @repbrianbabin, @ivanwerning, @brazilbrian, @maxwinebach, @lhsummers, @dampedspring, @speakerjohnson, @rapidresponse47, @lhsummers, @jbarro, @reprileymoore, @atabarrok, @rapidresponse47, @ramit, @armanddoma, @typesfast, @justinwolfers, @natesilver538, @palmerluckey, @dandrezner, @rapidresponse47, @adamscochran, and @howardlutnick.  LinkedIn: Jamie Tronnes
Forums: r/technology, r/Libertarian, r/pcmasterrace, r/politics, r/politics, r/China_irl, r/StockMarket, r/Economics, r/unusual_whales, r/stocks, r/DHgateVip, r/wallstreetbets, r/WildRoseCountry, r/OnerActive, r/Aliexpress, r/RepsneakersDogs, r/onguardforthee, r/trump, and r/Aliexpress
Tripp Mickle / New York Times:
Apple shares drop 7%+ after President Trump announced new tariffs, including 46% on Vietnam and 26% on India, where Apple has been moving production from China  —  The iPhone maker spent years trying to move production of some products out of China to avoid tariffs.  But now that may not matter.
Spencer Soper / Bloomberg:
The White House says de minimis tariff exemptions for up to $800 packages from China and Hong Kong will end on May 2, affecting marketplaces like Temu and Shein  —  De minimis tariff exemptions, which currently allow packages worth as much as $800 from China and Hong Kong to enter the US duty free …
New York Times:
Sources: Amazon has put in a bid to acquire all of TikTok, but various parties involved do not appear to be taking it seriously, ahead of the April 5 deadline  —  The e-commerce giant put in a last-minute offer for the popular video app, according to three people familiar with the talks.
Kaya Yurieff / The Information:
Source: President Trump plans to announce TikTok America, a company that is ~50% owned by US investors and 19.9% by ByteDance, which would license the algorithm  —  President Donald Trump plans to announce later on Wednesday his plan for a new company called TikTok America …
Wall Street Journal:
Sources: AppLovin has made a bid for TikTok and talked to casino magnate Steve Wynn about backing it; a source says AppLovin pitched itself as a job creator
Sergiu Gatlan / BleepingComputer:
Europol says German and Dutch authorities shut down Kidflix, a CSAM dark web streaming platform with 1.8M users between April 2022 and March 2025, on March 11  —  Kidflix, one of the largest platforms used to host, share, and stream child sexual abuse material (CSAM) on the dark web …
Abner Li / 9to5Google:
Google unveils a NotebookLM “Discover sources” feature, which searches the web and recommends up to 10 “relevant sources” for users to add to their notebooks  —  To date, NotebookLM works by having you manually add files and links, with Google now introducing a …
Bloomberg:
Sources: Microsoft has halted talks for, or delayed development of, data center projects in Indonesia, the UK, Australia, Illinois, North Dakota, and Wisconsin  —  The software company has recently halted talks for, or delayed development of, sites in Indonesia, the UK, Australia, Illinois …
More: Cryptopolitan.  Bluesky: @carnage4life.  Mastodon: @GossiTheDog@cyberplace.social.  X: @mackhawk.  Forums: r/wallstreetbets
Sarah Perez / TechCrunch:
Automattic lays off 16% of its staff, CEO Matt Mullenweg says to become “more agile and responsive”; ahead of the layoffs, its website listed 1,744 employees  —  Automattic, the company behind WordPress.com, Tumblr, WooCommerce, and a range of other online services, is reducing its workforce.
Joey Roulette / Reuters:
Amazon plans to launch the first 27 satellites for its Project Kuiper internet network on April 9, after launching two prototype satellites in 2023  —  Amazon.com said on Wednesday it plans to launch the first 27 satellites for its Project Kuiper internet network next week …
Sam Reynolds / CoinDesk:
Sources: Justin Sun bailed out Techteryx's TrueUSD after $456M in reserves, managed by First Digital, became illiquid; Techteryx says it was a victim of fraud  —  Justin Sun bailed out Techteryx's TrueUSD stablecoin after nearly half a billion dollars of its reserves were rendered illiquid …
Daniel Kuhn / The Block:
The FDUSD stablecoin depegged 9% after Justin Sun raised concerns over Hong Kong-based First Digital Trust's solvency; Binance alone holds ~$2.2B worth of FDUSD
Madhumita Murgia / Financial Times:
Q&A with Christopher Bishop on leading Microsoft's AI for Science lab, why scientific discovery will be AI's single most important application, and more  —  The AI for Science lab director discusses the technology's capability to accelerate time-consuming research
Samuel Stolton / Bloomberg:
Sources: Ireland's DPC will fine TikTok €500M+ before the end of April for illegally shipping European users' data to China, after a lengthy GDPR investigation  —  The penalty is likely to be the third highest ever dished out by the Irish watchdog following earlier fines of €746 million …
More: Daily Star
Wall Street Journal:
Sources: Mark Zuckerberg is lobbying Trump for a settlement to stop Meta from facing an antitrust trial later this month; he visited the White House on April 2  —  Meta Platforms CEO has visited the White House three times since the start of Trump's second term
Bloomberg:
AI video startup Runway raised $308M led by General Atlantic, sources say at a $3B+ valuation, and plans to hire more filmmakers, screenwriters, and others  —  The deal, which is set to be announced Thursday, pushes Runway's value to just over $3 billion, according to people familiar …
More: TechCrunch
Andrew Webster / The Verge:
Nintendo Switch 2 hands-on: larger than the Switch without being uncomfortable, flagship games play well, and the Joy-Con's mouse-like mode mostly works well  —  The value proposition of the Nintendo Switch 2 may seem pretty clear, but it's much more obvious when you use one.

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This is a Techmeme archive page. It shows how the site appeared at 9:20 AM ET, April 3, 2025.

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From Mediagazer

New York Times:
Trump's new press secretary, Katie Zacharia, was forced out of her role Friday, after five days on the job

Washington Post:
Israeli settlers attacked WaPo photographer Heidi Levine, who wore a “PRESS” vest, in the West Bank, kicking her repeatedly and taking her cameras and phone

Page Six:
Sources: Bela Bajaria was “blindsided” by her firing and only found out at 5pm on Wednesday after Netflix had repeatedly reassured her that her job was secure

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Earlier Picks

Jess Weatherbed / The Verge:
Adobe updates Premiere Pro with AI features like Generative Extend, which lets users extend clips by up to two seconds in 4K quality and with background audio
Maxwell Zeff / TechCrunch:
Anthropic debuts a Claude for Education tier for colleges, including a Learning Mode that asks questions to test understanding, shares paper templates, and more
Rachael Bade / Politico:
Sources: President Trump told his inner circle, including Cabinet members, that Elon Musk will step back in the coming weeks; Trump remains pleased with DOGE
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