Techmeme
April 3, 2025, 1:15 PM

Top News

Kif Leswing / CNBC:
Tech stocks fall after President Trump announced new global tariffs: Meta drops as much as ~8%, Amazon drops ~7%, Nvidia ~5%, Alphabet ~4%, 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, The White House, Marcus on AI, Bloomberg, ZDNET, AIN, New York Post, TechSpot, Kotaku, Deseret News, Coinpedia Fintech News, The Crypto Basic, TechPowerUp, NPR, Forbes, New York Times, New Jersey Online, Fortune, Wall Street Pit, MEDIANAMA, Verdict, Cointelegraph, Chicago Boyz, Bloomberg, The Register, Tech in Asia, Polymarket, CBS News, The Hill, Channel News, PCMag, The Verge, TipRanks Financial, NBC News, United States Trade …, and Watcher Guru
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.
Dominic Preston / The Verge:
The White House appears to have used an oversimplified calculation that several major AI chatbots recommend to calculate reciprocal tariffs  —  ChatGPT, Gemini, Grok, and Claude all recommend the same “nonsense” tariff calculation. … When President Donald Trump began yesterday's announcement …
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 …
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 …
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
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 …
Andrew Webster / The Verge:
Nintendo Switch 2 hands-on: larger than the Switch but not uncomfortable, flagship games show off the system well, and the Joy-Con's mouse-like mode is precise  —  The value proposition of the Nintendo Switch 2 may seem pretty clear, but it's much more obvious when you use one.
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:

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