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April 7, 2025, 10:15 AM
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Mediagazer
memeorandum
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| 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
Airtable:
The central nervous system of your business — Used by 80% of Fortune 100 companies, Airtable combines AI with the scale of an infinitely flexible, no-code system. With all your data in one place, it's like mission control for your company.
The central nervous system of your business — Used by 80% of Fortune 100 companies, Airtable combines AI with the scale of an infinitely flexible, no-code system. With all your data in one place, it's like mission control for your company.
Intel:
5G's most deployed platform — Powering live networks with built-in Inference across Core and RAN. That's the power of Intel Inside®
5G's most deployed platform — Powering live networks with built-in Inference across Core and RAN. That's the power of Intel Inside®
Zoho:
AI that actually helps: Practical intelligence in Zoho Workplace — Lately, most AI assistants feel like that one over-eager intern who interrupts every five minutes with a suggestion you didn't ask for.At Zoho …
AI that actually helps: Practical intelligence in Zoho Workplace — Lately, most AI assistants feel like that one over-eager intern who interrupts every five minutes with a suggestion you didn't ask for.At Zoho …
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
The Social Radars:
Peter Reinhardt, CEO & co-founder, Charm Industrial; CEO & co-founder, Segment
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
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Uncapped with Jack Altman:
Garry Tan, Harj Taggar, and Jared Friedman from YC
Conversations with people I admire about things I'm genuinely interested in.
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Acquired:
Formula 1
Learn the playbooks that built the world's greatest companies - and how you can apply them as a founder, operator, or investor.
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Big Technology Podcast:
Dario's Choice and Anthropic's Future, Apple's AI Devices, Netflix Loses WBD
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Lenny's Podcast:
The design process is dead. Here's what's replacing it. | Jenny Wen (head of design at Claude)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Tools and Weapons with Brad Smith:
His Excellency Khaldoon Al Mubarak: Investing in an AI-Driven World
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.
Subscribe to Tools and Weapons with Brad Smith.
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