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April 5, 2025, 6:10 AM
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memeorandum
WeSmirchTop News
| Fareed Sahloul / Bloomberg: |
Sources: StubHub, Klarna, eToro, and adtech group MNTN have paused their IPO plans as President Trump's trade war upends the global economy — Billions of dollars worth of acquisitions and initial public offerings are on hold as Donald Trump's trade war upends the global economy …
More: 404 Media, Wall Street Journal, Game File, The Independent, New York Times, Bitcoin Insider, Bloomberg, CNBC, Tech in Asia, PYMNTS.com, Yahoo Finance, TechSpot, San Francisco Business Times, Axios, Blockworks, Axios, Ian Betteridge, PlayStation LifeStyle, Decrypt, Benzinga, PitchBook, Forbes, The Wrap, The Block, Columbus Business Journal, The Hollywood Reporter, crypto.news, Cointelegraph, Business Insider, Investor's Business Daily, TechCrunch, SiliconANGLE, Proactive, and Wall Street Journal
Bluesky: @nullifie, @jhoward, @marypcbuk, @jasonkoebler.mastodon …, @adashtra, and @fack. Mastodon: @alexhall@mastodon.social
X: @danprimack, @profplum99, @kgreifeld, @danprimack, @levie, @pitdesi, @mikeisaac, @mgsiegler, @tier10k, @davemcclure, @mattyglesias, @chrisfralic, and @danprimack
LinkedIn: Corrie Driebusch, Stephen Totilo, Hunter Walk, Chris Levy, and Dylan Jones
Forums: r/politics, r/technology, r/LeopardsAteMyFace, r/esist, and r/wallstreetbets
| Fortune: |
Analysts say Microsoft, whose shares fell the least among top tech companies, is shielded from the worst tariff impacts due to Azure and a broad enterprise base — As Microsoft celebrates its 50th anniversary Friday with a Seattle event spotlighting its latest AI developments …
More: Benzinga, Yahoo Finance, CNBC, Tech in Asia, and New York Magazine
| Todd Spangler / Variety: |
The Nasdaq fell 5.8% on the second day following Trump's tariffs announcement, with Nvidia closing down 7.4%, Apple 7.3%, Netflix 6.7%, Meta 5%, and Amazon 4.2% — Amid steep losses, U.S. president says ‘my policies will never change’ — Stocks dropped sharply for a second day …
More: MacRumors, Reuters, The Wrap, The Hollywood Reporter, Fox Business, The Motley Fool, Decrypt, and Deadline
Bluesky: @jamisonfoser, @quinnypig.com, @pomurray, @linasrivastava, and @mollyknight
Threads: @karaswisher and @the_vagabondking
| Asa Fitch / Wall Street Journal: |
More: The Verge, Wired, Tom's Hardware, Politico, and Gizmodo
| Mike Isaac / New York Times: |
More: Sherwood News, Axios, Business Insider, and Wall Street Journal
| Reuters: |
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Bluesky: @fwgmills, @parsnip, @marcomerican, @michaelsderby, and @fjolltraktor. LinkedIn: Nicholas Myers
Forums: r/Raytheon, r/Sino, r/politics, r/geopolitics, r/politics, r/inthenews, r/market_sentiment, and r/stupidpol
| 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 …
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Bluesky: @dylanreeve.com, @lazear, @xhangover, @ecowen, and @caseynewton. Truth Social: @realDonaldTrump …
X: @truthtrumpposts, @danprimack, @alexweprin, @rakeshsfnyc, @selinawangtv, @pkafka, @josh_wingrove, @teroterotero, @presssec, @hadas_gold, @hadas_gold, @danprimack, @pkafka, @selinawangtv, @brianstelter, @danprimack, and @hadas_gold. LinkedIn: Sladjan Milenkovic
Forums: r/unusual_whales, r/Sino, r/StockMarket, r/politics, r/technology, and Slashdot
| Reuters: |
Sources: a TikTok deal, which was largely finalized by April 2, was put on hold after China indicated it would reject the deal over Trump's tariffs — A deal to spin off the U.S. assets of TikTok was put on hold after China indicated that it would not approve the deal following President …
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| 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.
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Bluesky: @nunesalt, @keefstuart, @mistyksnow, @monhegan, @daverutledge.com, @dozygay, @toji.dev, @kbspangler.com, @newschambers, @markeiamccarty, @adamcsharp, @matthew.flux.community, @brunojnavarro, @paulgowder, @pokachee, @kjhealy.co, @katmabu, @tomwarren.co.uk, @rincewind.run, @kgallon, @davidimel.com, and @peark.es
Mastodon: @mattsheffield@mastodon.social and @bradlinder@fosstodon.org
X: @gamestop, @abughazalehkat, @lucas_shaw, @mikeisaac, @ninswitchintel, @hzjoe03, @adifying, @trueslazac, @the__goomba, @capybaroness, and @tamoorh
Forums: r/japan, r/SocialistGaming, r/Piracy, r/gamernews, r/japannews, r/thedavidpakmanshow, r/xbox, r/Piracy, r/worldnews, r/wallstreetbets, r/morningsomewhere, r/Asmongold, r/Hasan_Piker, r/VaushV, r/getplayed, r/videogames, r/gamingnews, r/switch2, r/gme_meltdown, r/technology, r/nintendo, and r/Gamingunjerk
| TechCrunch: |
SensorTower: users in India have spent $8M on ChatGPT subscriptions through IAP since 2023, not including web app purchases, versus ~$330M spent by US users — For years, U.S.-based tech companies have tapped into India's vast and increasing internet user base for growth. OpenAI is no exception.| Aisha Malik / TechCrunch: |
Amazon introduces a Kindle Recaps feature that uses GenAI and moderators to create short summaries of books in a series — Amazon is introducing a new “Recaps” feature for Kindle users to help them recall plot points and character arcs before picking up the latest book in a series.
More: About Amazon, Notebookcheck, Pocket-lint, Thurrott, ZDNET, VICE, The Verge, Digital Trends, and Android Police
| 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 …
More: Microsoft, Bing Blogs, Financial Times, Thurrott, CNET, Digital Trends, ZDNET, Techstrong.ai, How-To Geek, Computerworld, Liliputing, Beebom, XDA Developers, Quartz, Tom's Hardware, Constellation Research, Bloomberg, The Decoder, PCWorld, GeekWire, Tom's Guide, PCMag, and Windows Central
Bluesky: @tomwarren.co.uk and @mustafasuleymanai
X: @mattmday, @copilot, @lanceulanoff, and @tomwarren
LinkedIn: Doran Chakraborty and Satya Nadella
| Alex Kantrowitz / Big Technology: |
More: CNBC, Moneycontrol, Cryptopolitan, Variety, Reuters, Beebom, Tom's Guide, Tech in Asia, GeekWire, TechRadar, Windows Central, Thurrott, and Yahoo Finance
| RT Watson / The Block: |
The US SEC says that “covered” US dollar stablecoins like USDT and USDC are not securities, and registration is not required for minting or redeeming them — - The U.S. Securities and Exchange Commission said “covered” U.S. dollar stablecoins — basically USDT and USDC …
More: US Securities …, CryptoSlate, The Crypto Times, CoinDesk, and Decrypt
Bluesky: @hrpac and @selfdrivinghumans
X: @jerallaire, @davidsacks47, @mikebelshe, @eleanorterrett, @milesjennings, @eleanorterrett, @chrisbarrett, @iampaulgrewal, and @jchervinsky
LinkedIn: Matt Kelly, Vanessa Grellet, Evan Thomas, and Nik Milanović
| Google Online Security Blog: |
Google announces Sec-Gemini v1, an experimental AI model for cybersecurity, claiming it outperforms others on the leading CTI-MCQ threat intelligence benchmark — Today, we're announcing Sec-Gemini v1, a new experimental AI model focused on advancing cybersecurity AI frontiers.
More: WinBuzzer, BetaNews, and Cyber Security News
| Taylor Soper / GeekWire: |
Ring founder Jamie Siminoff rejoins Amazon as a VP of product overseeing Ring and related businesses, replacing Elizabeth Hamren, who succeeded him in 2023 — Jamie Siminoff has returned to Amazon as a vice president of product overseeing the company's home security camera arm and related businesses.
More: About Amazon, Bloomberg, and The Verge
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Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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