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April 3, 2025, 6:35 PM
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Qianer Liu / The Information:
Sources: Intel and TSMC have reached a preliminary agreement for a joint venture to operate Intel's chipmaking facilities, with TSMC taking a 20% stake  —  Intel's financial crisis may be over—with support from its biggest rival.  —  Executives from Intel and Taiwan Semiconductor Manufacturing …
Kif Leswing / CNBC:
Tech stocks fall after President Trump announced new global tariffs: Amazon closed down 9%, Meta 9%, Nvidia 7.8%, Alphabet 3.9%, and Microsoft 2.4%  —  Apple slid more than 6% in late trading Wednesday and led a broader decline in tech stocks after President Donald Trump announced new tariffs of between 10% and 49% on imported goods.
More: The White House, Marcus on AI, Kotaku, Forbes, Yahoo Finance, Mashable, The Register, The Crypto Basic, Reuters, Cryptopolitan, ZDNET, New York Times, Wall Street Pit, Fortune, Deadline, MEDIANAMA, AIN, Verdict, The Atlantic, New Jersey Online, Bloomberg, Polymarket, The Hill, Channel News, PCMag, The Verge, TipRanks Financial, NBC News, United States Trade …, and Watcher Guru
Bluesky: @carnage4life.  X: @jamessurowiecki, @saylor, @billackman, @cobie, @mikeisaac, @mikeisaac, @brewmarkets, @lhsummers, @typesfast, @rapidresponse47, @cobie, @levie, @rabois, @micah_erfan, @mhdempsey, @balajis, @levie, @jtlonsdale, @sullyomarr, @thestalwart, @benbajarin, @mystephanomics, @typesfast, @atrupar, @trumpdailyposts, @thestalwart, @ramit, @armanddoma, @typesfast, @rapidresponse47, @saikatc, @buccocapital, @rapidresponse47, @rapidresponse47, @rapidresponse47, @gopmajoritywhip, @secscottbessent, @sec_noem, @speakerjohnson, @repbrianbabin, @rapidresponse47, @ustraderep, @howardlutnick, @reprileymoore, @secretaryburgum, @rapidresponse47, @palmerluckey, @rapidresponse47, @lhsummers, @lhsummers, @alecstapp, @jamesrbuk, @alecstapp, @jbarro, @dandrezner, @thestalwart, @thestalwart, @d_a_irwin, @cliffordasness, @thestalwart, @esaagar, @dampedspring, @atabarrok, @deanwball, @stavridisj, @dkthomp, @elerianm, @justinwolfers, @justinwolfers, @brazilbrian, @typesfast, @maxwinebach, @jasonfurman, @frances_coppola, @macaesbruno, @ivanwerning, @dkthomp, @ivanwerning, @natesilver538, @adamscochran, @ivanwerning, and @jbulltard1.  LinkedIn: Jamie Tronnes
Forums: r/myanmar, r/technology, r/LinusTechTips, r/Libertarian, r/pcmasterrace, r/investimentos, r/politics, r/politics, r/China_irl, r/StockMarket, r/Economics, r/unusual_whales, r/stocks, r/DHgateVip, r/wallstreetbets, r/Semiconductors, r/WildRoseCountry, r/OnerActive, r/Aliexpress, r/RepsneakersDogs, r/onguardforthee, r/trump, and r/Aliexpress
Tripp Mickle / New York Times:
Apple shares drop 9.3% 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.
Euractiv:
France says a second EU response to Trump's tariffs will cover digital services, including those provided by Google, Amazon, Meta, Apple, and Microsoft  —  “We won't stand idly by, should we be unable to reach a fair deal,” EU trade chief Maroš Šefčovič said.
Dominic Preston / The Verge:
The White House appears to have used an oversimplified calculation that several major AI chatbots recommend to calculate reciprocal tariffs
Bloomberg:
The US announces a 34% “reciprocal” tariff hike on China; some banks say this brings average US tariffs on China to 65%+, when counting pre-existing duties
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
Adam Satariano / New York Times:
Sources: the EU is preparing penalties against X for breaking the DSA, including demands for product changes and a fine that a source says could surpass $1B  —  European regulators are considering fining X more than $1 billion, after weighing the risks of further antagonizing Mr. Musk and President Trump.
Ryan Weeks / Bloomberg:
President Trump's tariffs are set to disrupt the Bitcoin mining sector, as many of the largest miners are based in the US and the supply chain is rooted in Asia  —  Lauren Lin is in a hurry.  She has less than 48 hours to ship about 5,600 Bitcoin mining machines from Thailand to the US …
Tanaya Macheel / CNBC:
Bitcoin fell ~5% to ~$81K, ether dropped 7%, and Solana fell 13% after President Trump unveiled new tariffs; Coinbase's and MicroStrategy's shares are down 6%+  —  Bitcoin and other cryptocurrencies were under pressure Thursday after President Donald Trump's big tariffs reveal jolted the stock market.
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 …
Jake Bleiberg / Bloomberg:
Sources: Oracle told some clients this week that hackers stole old login credentials, the second breach that Oracle acknowledged to clients in the past month  —  - FBI investigating the breach, software company told clients  — Oracle informed health-care customers of separate March hack
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.
Matthias Bastian / The Decoder:
Google DeepMind outlines its approach to AGI safety in four key areas of risk: misuse, misalignment, mistakes, and structural risks, focusing on the first two  —  Google Deepmind has published a comprehensive strategy paper detailing its approach to developing safe artificial general intelligence (AGI).
Umar Shakir / The Verge:
Microsoft releases its $350 enterprise Windows 365 Link mini PC in the US, Canada, the UK, Germany, and other countries, after unveiling it in November 2024  —  The $350 thin client-like device lets you connect to a Windows machine running on the cloud.
Kyle Wiggers / TechCrunch:
OpenAI says 130M+ ChatGPT users have generated 700M+ images since the feature's March 25 launch, and India is now the fastest-growing ChatGPT market  —  OpenAI's new image-generation feature is on track to be one of the company's most popular product launches ever.
Sarah Perez / TechCrunch:
A researcher says changes in X's web app show X plans to let Verified Organizations bid on abandoned X handles with prices ranging from $10,000 to $500,000+  —  X's plan to boost revenue by selling off dormant usernames on its service is starting to shape up.
Taylor Lorenz / User Mag:
YouTube quietly removed “gender identity” from its hate speech policy after Trump took office; Google says enforcement of the policy remains unchanged  —  TariffTokers, Gen Z's ‘it couple’, Easter potatoes, anti-MAGA hats, Zuck's D.C. mansion, Amazon's TikTok bid, Silicon Valley's cupid …
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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From Mediagazer

New York Times:
Sources: an Iranian-aligned militia in Iraq is seeking the release of several detained militia members in exchange for freeing journalist Shelly Kittleson

Ted Johnson / Deadline:
A new filing from Nexstar in the DirecTV lawsuit says the existing restraining order freezing the Nexstar-Tegna merger could jeopardize assets of both companies

Minho Kim / New York Times:
A US appeals court pauses a lower-court order that would have reinstated around 1,000 Voice of America journalists and staff who had been put on paid leave

More News

Financial Times:
Plaid raised $575M at a $6.1B valuation, below its peak $13B+ valuation in 2021, mostly to cover employees' tax bills for those converting RSUs to common stock

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