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April 4, 2025, 5:25 PM
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Wall Street Journal:
Sources: Klarna has halted its planned IPO in the wake of Trump's tariffs turmoil; StubHub has also delayed its IPO plans  —  Klarna, the specialty lending and online payments provider, has halted its planned initial public offering, the latest IPO casualty in the wake of Trump administration's sweeping tariff announcement.
Reuters:
China places export restrictions on key rare earth elements as part of its response to President Trump's tariffs and an extra 34% retaliatory tariff on US goods  —  China placed some rare earth elements under export restrictions on Friday as part of its sweeping response …
Mike Isaac / New York Times:
Trump's tariffs may reduce ad spending on Meta platforms, which rely heavily on SMBs globally; 10% of Meta's 2023 revenue was from Chinese advertisers like Temu  —  Meta, which owns Facebook, Instagram and WhatsApp, would not seem to be in the line of fire from tariffs.
Jonathan Vanian / CNBC:
Trump says he will sign an EO to keep TikTok running for an additional 75 days, as a deal “requires more work to ensure all necessary approvals are signed”  —  President Donald Trump on Friday extended a deadline requiring China-based ByteDance to sell the U.S. operations of TikTok …
Annmarie Hordern / Bloomberg:
President Trump reiterates he's open to tariff relief for China if Beijing approves the sale of TikTok's US operations  —  President Donald Trump said he was open to reducing his tariffs if other nations were able to offer something “phenomenal,” indicating that the White House was open …
Emma Roth / The Verge:
Nintendo delays Switch 2 preorders that were set for April 9 due to concerns about Trump's tariffs but the June 5 launch date remains unchanged  —  Nintendo says preorders will no longer start on April 9th, but the console's June 5th release date is unchanged.
Dominic Preston / The Verge:
Microsoft Copilot adds support for memory, personalization, web-based actions, podcast creation, camera and screen analysis, deep research, and more  —  The AI assistant adds personalization, web actions, podcast creation, and more. … As it marks its 50th anniversary …
Kyle Wiggers / TechCrunch:
Sam Altman says OpenAI plans to release o3 and o4-mini “after all” and GPT-5 “in a few months”, citing challenges in “smoothly integrating everything”  —  After effectively cancelling the consumer release of its o3 reasoning model, OpenAI now says that it plans …
Washington Post:
US officials say NSA director and Cyber Command head Timothy Haugh was fired on April 3, along with his civilian deputy Wendy Noble and at least five aides  —  The director of the NSA, the powerful wiretapping and cyber espionage service, was fired Thursday, according to U.S. officials.  —  just now
Pew Research Center:
Survey: 35% of US adults say they think AI's impact on the US will be negative over the next 20 years, while 56% of AI experts say AI's impact will be positive  —  The public and experts are far apart in their enthusiasm and predictions for AI.  But they share similar views in wanting …
Tom Warren / The Verge:
On Microsoft's 50th anniversary, company executives reflect on its history and how it responds to challenges and evolves  —  In 2005, Microsoft's leaders were starting to get worried.  Windows and Office were doing well, but the company's lead software architect, Ray Ozzie …
Kyle Wiggers / TechCrunch:
Midjourney debuts V7 in alpha, its first new AI image model in nearly a year with a “totally different architecture”, a week after OpenAI's new image generator  —  Midjourney, one of the first AI-based image generators on the web, has released its first new AI image model in nearly a year.
Foreign Affairs:
By embracing Trump, Big Tech risks losing access to Europe, pushing Europe to build its own companies and platforms as Chinese companies try to expand to Europe  —  How Silicon Valley Got Entangled in Geopolitics—and Lost  —  Technology companies such as Alphabet, Meta, and OpenAI need to wake up to an unpleasant reality.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:25 PM ET, April 4, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Ashley Capoot / CNBC:
Disney and OpenAI sign a three-year deal to bring 200+ Disney characters to Sora; Disney makes a $1B investment in OpenAI and will become a major OpenAI client

Dominick Mastrangelo / The Hill:
President Trump told reporters “it's imperative” for CNN to be sold: “Any deal it should be guaranteed and certain that CNN is part of it or sold separately”

Charlotte Tobitt / Press Gazette:
Mirror Editor-in-Chief Caroline Waterston steps down after less than two years, to be succeeded by Chloe Hubbard, currently UK editor at The Independent

More News

Maxwell Zeff / TechCrunch:
Google releases API pricing for Gemini 2.5 Pro: $1.25 per 1M input tokens and $10 for 1M output tokens for prompts up to 200K tokens, its priciest model yet

Earlier Picks

Michael Nuñez / VentureBeat:
OpenAI makes ChatGPT Plus free for college students in the US and Canada until the end of May 2025, intensifying competition with Anthropic in higher education
Matthias Bastian / The Decoder:
Google DeepMind outlines its approach to AGI safety in four key risk areas: misuse, misalignment, mistakes, and structural risks, with a focus on the first two
Jay Peters / The Verge:
Nvidia says its custom processor for Nintendo's Switch 2 has a GPU with “dedicated RT Cores and Tensor Cores”, enabling real-time ray tracing and DLSS upscaling
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