Techmeme
April 5, 2025, 12:15 PM

Top 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 and public markets  —  Billions of dollars worth of acquisitions and initial public offerings are on hold as Donald Trump's trade war upends the global economy …
Emanuel Maiberg / 404 Media:
In backing Trump, effective accelerationists like Musk and Andreessen got a “Decel-in-Chief”, who instigated a brain drain and tariffs that hurt tech companies  —  In October of 2023, Marc Andreessen, founder of the Silicon Valley venture capital firm Andreessen Horowitz (a16z) …
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 …
Aisha Malik / TechCrunch:
Amazon debuts a Kindle Recaps feature that uses generative AI and moderators to create short recaps of books in a series “that accurately reflect book content”  —  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.
Reuters:
Sources: a TikTok US deal, which was largely finalized by April 2, was put on hold after China indicated it would reject the deal over President 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 …
Jonathan Vanian / CNBC:
Ashley Belanger / Ars Technica:
New Jersey's governor signs a law criminalizing creating and sharing “deceptive and dangerous deepfakes”, like fake AI nudes of minors, with up to a $30K fine  —  When Francesca Mani was 14 years old, boys at her New Jersey high school used nudify apps to target her and other girls.

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Earlier Picks

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