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April 7, 2025, 10:15 AM
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Mediagazer
memeorandum
WeSmirchTop News
| Samantha Subin / CNBC: |
US tech stocks fall for a third session after Trump's tariffs as markets open: Apple and Tesla drop 5%+, while Meta, Amazon, Microsoft, and Alphabet fall ~1% — Technology stocks fell for a third session on Monday, continuing the momentum of last week's devastating selloff …
More: CNBC, New York Times, CNBC, CNN, Reuters, Fox Business, Bloomberg, Cryptopolitan, and The Boston Globe
Bluesky: @hunterwalk.com. X: @andrewyang, @vonderleyen, @spencerhakimian, @jackfarley96, @mattzeitlin, @cgasparino, @stockmktnewz, @thestalwart, @atrupar, @themainewonk, @thestalwart, @samstein, @alexwickham, @morningbrew, @atrupar, @danprimack, @thestalwart, and @birdyword
Forums: r/Destiny, r/StockMarket, r/Economics, and r/FluentInFinance
| Vlad Savov / Bloomberg: |
Nintendo's and Sony's stocks closed down 7.85% and 10.04% on April 7 amid a Japan selloff driven by US tariffs; most Switches are assembled in China and Vietnam — Nintendo, fresh off the announcement of its pivotal next-generation Switch 2 console, is particularly vulnerable …
More: BBC, BBC, Popular Information, JPMorganChase, CNBC, PR Daily, CNN, Bloomberg, Wall Street Journal, Financial Times, Bloomberg, and Times of India
Bluesky: @megannicolett. X: @trump_repost, @djcows, @dougboneparth, @mrmbrown, @henrysgao, @mattbruenig, @wsteaks, @jyarow, @isabelletanlee, @gurgavin, @alexwickham, @thetranscript_, @levie, @divestech, @asvanevik, @birdyword, @bobeunlimited, and @sonalibasak
| David Yaffe-Bellany / New York Times: |
Bitcoin is down 10%+ to ~$76K after President Trump's global tariffs, far below its record price of nearly $110K on Trump's inauguration on January 20, 2025 — The rapid drop shows that cryptocurrencies, which the president has promoted, are subject to the same market gyrations as any other risky asset.| Megan Farokhmanesh / Wired: |
Nintendo of America President Doug Bowser says the company is “actively assessing” the impact of US tariffs, and they “weren't factored into” Switch 2 pricing — Nintendo of America president Doug Bowser tells WIRED the company is still figuring out how to address tariffs …
More: The Verge, CNN, TheGamer, Washington Post, CNBC, Los Angeles Times, and Eurogamer.net
Bluesky: @danny.page, @mgsiegler.com, @megannicolett, and @andrewrweb
X: @wario64, @stealth40k, @stealth40k, @genepark, @charlieintel, and @kylebrussell
| Mauro Orru / Wall Street Journal: |
Global chip stocks drop as the US tariff rout on markets intensifies, extending last week's losses; Nvidia, Intel, ASML, SK Hynix, Infineon, and STMicro fall — The rout underscores investor concerns that tariffs could lead to higher prices for chips and subdue demand| Reuters: |
More: Benzinga, Bloomberg, CNN, The Crypto Basic, Focus Taiwan, Decrypt, KVIA-TV, Tech in Asia, and DigiTimes
| Sam Tobin / Reuters: |
Filing: the UK Investigatory Powers Tribunal confirms Apple is appealing against a UK order to create an encryption “back door”, and says the case can be public — Apple (AAPL.O) is appealing against a British government order to create a “back door” to its encrypted cloud storage systems …
More: The Verge, Bloomberg, BBC, The Record, Business Insider, The Standard, The Register, 9to5Mac, AppleInsider, UK Investigatory Powers Tribunal, MacRumors, Financial Times, Open Rights Group, and Patently Apple
Mastodon: @openrightsgroup@social … and @alexhaydock@infosec.exchange
X: @judiciaryuk and @adamwagner1
Forums: r/apple and MacRumors Forums
| The Information: |
Sources: in recent weeks, OpenAI discussed acquiring io Products, a startup Sam Altman has been working on with Jony Ive to develop an AI device, for $500M+ — OpenAI in recent weeks discussed acquiring a startup its CEO Sam Altman has been working on with ex-Apple designer Jony Ive's studio …
More: 9to5Mac, AppleInsider, TechCrunch, MacRumors, WinBuzzer, and Fortune
| Will Knight / Wired: |
Stanford's 2025 AI index: China files more AI patents than the US, but US companies produced 40 frontier models, compared to 15 from China and three from Europe — New research from Stanford suggests artificial intelligence isn't ruled by just OpenAI and Google, as competition increases across the US, China, and France.| Mathieu Pollet / Politico: |
Huawei says it “terminated the employment of two individuals” on April 1 and suspended a third on April 2 for their alleged involvement in EU political bribery — BRUSSELS — Huawei has fired two employees and suspended a third for their alleged involvement in a bribery investigation surrounding … | Jordan Novet / CNBC: |
Microsoft AI CEO Mustafa Suleyman says an “off-frontier” strategy of building models “three or six months behind” cuts costs and helps focus on some use cases — Microsoft owns lots of Nvidia graphics processing units, but it isn't using them to develop state-of-the-art artificial intelligence models.
More: Windows Central, Digital Trends, Guru3D, and TestingCatalog
| Reuters: |
Chinese media outlet Caijing: Microsoft's joint venture Wicresoft will cease its China operations from April 8 after stopping outsourcing after-sales support — Microsoft's (MSFT.O) joint venture Wicresoft will cease its China operations from Tuesday, a move that will lead to the layoff …
More: South China Morning Post, Pandaily, and Tech in Asia
| Rachel Metz / Bloomberg: |
Source: AI coding startup Cursor, which has helped permeate “vibe coding”, hit 1M+ DAUs in March 2025, driven largely by word-of-mouth growth — Word-of-mouth growth has helped turn a 60-person startup into one of the early hits of the generative AI era.Sponsor Posts
ElevenLabs:
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ElevenAgents by ElevenLabs — You know us for voice. Now meet ElevenAgents — featuring Expressive Mode, our most human-sounding AI voice technology in 70+ languages with ultra-low latency. Hear it for yourself.
Niantic Spatial:
World models need real-world data — Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics. Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
World models need real-world data — Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics. Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
Zoho:
Digital signatures with Nafath: Secure and compliant for Saudi Arabian businesses — Saudi Arabia's Vision 2030 focuses on growing digital-first businesses. Zoho Sign supports this goal with a simple way to send …
Digital signatures with Nafath: Secure and compliant for Saudi Arabian businesses — Saudi Arabia's Vision 2030 focuses on growing digital-first businesses. Zoho Sign supports this goal with a simple way to send …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Big Technology Podcast:
Tim Cook Steps Down — With Joanna Stern
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Grit:
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Lenny's Podcast:
Why half of product managers are in trouble | Nikhyl Singhal (Meta, Google)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Hard Fork:
A.I. Backlash Turns Violent + Kara Swisher on Healthmaxxing + The Zuck Bot Is Coming
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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Conversations with people I admire about things I'm genuinely interested in.
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Tools and Weapons with Brad Smith:
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Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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