Techmeme
April 5, 2025, 7:35 AM

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  —  Billions of dollars worth of acquisitions and initial public offerings are on hold as Donald Trump's trade war upends the global economy …
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 …
Reuters:
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 …
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 …
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.
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.
More: Kotaku, Polygon, BBC, IGN, Eurogamer.net, PCMag, Bloomberg, Windows Central, Wired, 9to5Mac, Moneycontrol, Beebom, Reuters, GoNintendo, Vox, iDownloadBlog.com, Aftermath, Politico, New York Times, Daily Kos, iPhone in Canada Blog, NBC News, Comic Book, Deadline, Reason, New Republic, Livemint, VentureBeat, SlashGear, Mediaite, TechEBlog, New York Post, Game Developer, Android Authority, Tom's Hardware, Game Informer, How-To Geek, PC Gamer, Consequence, VICE, Push Square, Dexerto, Neowin, XDA Developers, CNET, Axios, Forbes, Game Rant, Daily Mail, Thurrott, Ars Technica, VideoGamer, TechRaptor, GameSpot, Android Headlines, Mashable, The Shortcut, and TechCrunch
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 …
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 …

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