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April 7, 2025, 9:10 AM
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| 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, JPMorganChase, CNBC, CNN, CNBC, Bloomberg, Wall Street Journal, Bloomberg, Financial Times, Push Square, and Times of India
| 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.| 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: CNN, The Crypto Basic, Focus Taiwan, Bloomberg, 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 Standard, The Register, 9to5Mac, AppleInsider, MacRumors, The Investigatory …, Financial Times, and Open Rights Group
Forums: r/apple and MacRumors Forums
| Mark Gurman / Bloomberg: |
How Apple may adjust to the US tariffs; sources say the iPhone 17 Pro's camera panel will span the width of the phone and will be the same color as the device — After years of avoiding iPhone price hikes in the US, Apple could finally be forced to to make increases.
More: Computerworld, MacRumors, AppleInsider, iPhone in Canada Blog, BGR, iDownloadBlog.com, NBC News, Android Headlines, Tom's Guide, Fortune, GSMArena.com, Forbes, Digital Trends, Stuff, TechRadar, Digit, Wccftech, MacRumors, ZeroHedge News, 9to5Mac, PhoneArena, New York Post, Philip Elmer‑DeWitt, iClarified, AppleInsider, AppleInsider, The Mac Observer, Apple Must, 9to5Mac, 9to5Mac, Cult of Mac, Reuters, New York Times, and Wall Street Journal
Forums: r/politics, r/apple, and MacRumors Forums
| The Information: |
Sources: OpenAI recently discussed acquiring io Products, a startup Sam Altman has been working on with Jony Ive to develop an AI-powered 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 … | 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.| Mayank Parmar / BleepingComputer: |
Sources and an APK teardown: OpenAI is testing watermarks for images generated via ChatGPT's free account; whether OpenAI rolls the feature out is unclear — OpenAI is reportedly testing a new “watermark” for the Image Generation model, which is a part of the ChatGPT 4o model.
More: Tech Monitor, Digital Trends, Moneycontrol, and WinBuzzer
Bluesky: @badinternet.oracularhades.com, @cdgoldstein …, @sethpartnow, and @edzitron.com. Threads: @camwilsonreporter. X: @btibor91. Forums: r/technology
| Mathieu Pollet / Politico: |
Huawei says it “terminated the employment of two individuals” from April 1 and suspended a third from April 2 in response to the EU corruption scandal — Chinese tech giant is at the center of Belgian investigation into wrongdoing. — BRUSSELS — Huawei has fired two employees …
More: Fox News
| Katie Roof / Bloomberg: |
SignalFire raised a $1B+ fund to bet on early-stage AI startups, taking its AUM to $3B, and plans to use AI to spot market trends to help portfolio companies — With the new funds SignalFire will focus on AI — and use it too. — Venture capital firm SignalFire has raised over a $1 billion … | Mark Gurman / Bloomberg: |
Sources: Apple is keeping TikTok and other ByteDance apps on its US App Store for at least another 75 days, following assurances from AG Pam Bondi — Apple Inc., following assurances from the Trump administration, is keeping TikTok and other apps from ByteDance Ltd. on its US App Store for at least another 75 days.
More: AppleInsider, Neowin, Cryptopolitan, Tech in Asia, PYMNTS.com, CNBC, The Mac Observer, Universul.net, and PhoneArena
| Matteo Wong / The Atlantic: |
A look at the ARC-AGI exam designed by French computer scientist François Chollet to show the gulf between AI models' memorized answers and “fluid intelligence” — Deep down, Sam Altman and François Chollet share the same dream. They want to build AI models that achieve …
More: Coinmonks
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