Techmeme
April 3, 2025, 1:40 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, TechPowerUp, Bloomberg, Marcus on AI, ZDNET, AIN, Fortune, Times of India, TechSpot, New York Post, Kotaku, Deseret News, Coinpedia Fintech News, The Crypto Basic, Forbes, NPR, New York Times, Wall Street Pit, MEDIANAMA, Verdict, Cointelegraph, New Jersey Online, Chicago Boyz, Bloomberg, The Register, Polymarket, 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 …
Jay Peters / The Verge:
Nvidia says its custom processor for Nintendo's Switch 2 has “dedicated RT Cores and Tensor Cores,” enabling DLSS support and real-time ray tracing on Switch 2  —  Nintendo hasn't revealed the full Switch 2 specs, but Nvidia is providing a few more details about the power of this new console.
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
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.

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Abner Li / 9to5Google:
Joey Roulette / Reuters:
Sergiu Gatlan / BleepingComputer:
Kaya Yurieff / The Information:
Wall Street Journal:
Sarah Perez / TechCrunch: