Open Links In New Tab
Mobile Archives Advertise Site News Contact Editors
Techmeme
April 7, 2025, 8:05 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

Samantha Subin / CNBC:
Tech stocks teetered in volatile trading on April 7: AAPL closed down 3.67% and MSFT closed down 0.55%, while Alphabet, Amazon, Meta, and Nvidia closed up  —  Technology stocks teetered in volatile trading Monday as President Donald Trump stood by his sweeping global tariff plans following last week's devastating sell-off.
Reuters:
TSMC's and Foxconn's stocks closed down 9.98% and 9.77% on April 7 as US tariffs roil global supply chains; the US' 32% tariff on Taiwan is among Asia's highest  —  Taiwan stocks plummeted almost 10% on Monday, the biggest one-day percentage fall on record, in the first trading since U.S. tariffs …
Mauro Orru / Wall Street Journal:
Chip stocks had a mixed Monday: Tokyo Electron, SK Hynix, Infineon, and Intel declined, while STMicro and Qualcomm posted gains  —  The rout underscores investor concerns that tariffs could lead to higher prices for chips and subdue demand  —  Global semiconductor stocks opened sharply lower on Monday …
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 …
David Yaffe-Bellany / New York Times:
Bitcoin plunged ~10% to below $80K since Trump announced new tariffs, far below its record price of nearly $110K on Trump's inauguration on January 20, 2025
Ben Berkowitz / Axios:
President Trump posts that the US “will impose additional tariffs on China of 50%”, effective April 9, “if China does not withdraw” its 34% retaliatory tariffs
Wall Street Journal:
Sources: Apple plans to send more iPhones to the US from India to offset the China tariffs, but the situation is too uncertain to upend supply chain investments  —  Apple plans to send more iPhones to the U.S. from India to offset the high cost of China tariffs, people familiar with the matter said.
Times of India:
Officials: Apple sent five planes full of iPhones and other products from India to the US in just three days in March's final week to avoid the US' 10% tariff
Kyle Wiggers / TechCrunch:
Meta VP of Generative AI Ahmad Al-Dahle denies a rumor that the company trained Llama 4 Maverick and Scout on test sets, saying that Meta “would never do that”  —  A Meta exec on Monday denied a rumor that the company trained its new AI models to present well on specific benchmarks while concealing the models' weaknesses.
Megan Farokhmanesh / Wired:
Nintendo of America President Doug Bowser says the company is “actively assessing” the impact of US tariffs, which “weren't factored into” its Switch 2 pricing  —  Nintendo of America president Doug Bowser tells WIRED the company is still figuring out how to address tariffs …
Logan Plant / IGN:
Q&A with Nintendo of America VP of Product Bill Trinen on pricing first-party games like Mario Kart World at $80, Joy-Con 2 and using it as a mouse, and more
Matthew Gault / 404 Media:
Framework pauses sales of its six lowest-priced laptops in the US, saying the models would sell at a loss due to the 10% tariff that went into effect on April 5  —  Framework—a company that makes upgradeable and repairable laptops—has said it will pause sales on several versions …
Annie Palmer / CNBC:
Memo to staff: Shopify's CEO says using AI is now a “fundamental expectation” and that teams asking for more resources must first show why AI can't do the job  —  Shopify CEO Tobi Lutke is changing his company's approach to hiring in the age of artificial intelligence.
Sam Tobin / Reuters:
Filing: the UK Investigatory Powers Tribunal confirms Apple is appealing against a UK order to create an encryption backdoor, 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 …
Ryan Whitwam / Ars Technica:
Google rolls out Search's AI Mode feature to millions more Labs users in the US with multimodal capabilities, letting users ask complex questions about pictures  —  Google started cramming AI features into search in 2024, but last month marked an escalation.
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 …
Nico Grant / New York Times:
Memo: Google tells staff they can discuss the US DOJ's antitrust case, rescinding an earlier command, as part of a settlement with the Alphabet Workers Union  —  The Silicon Valley giant had ordered employees to stay silent on the landmark case before reaching a settlement with a workers' union over the issue.

Sponsor Posts

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Equals:
Stop vibe coding analytics  —  Equals AI turns questions about your business into auditable spreadsheet models and dashboards.  Build once, iterate for years.
Zoho:
Simplifying benefits management in Zoho People  —  Let's consider a new hire on their first day of orientation.  They receive a brief introduction to the benefits plans, and almost immediately, questions start to surface …
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.
Sponsor Techmeme

Featured Podcasts

Big Technology Podcast:
 AI Pioneer Jürgen Schmidhuber: AI Already Feels Pain, Loves, and Is Self-Aware
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.
Channels with Peter Kafka:
 Inside Podcasting's Fight Over Netflix, YouTube, and Creator Control
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Uncapped with Jack Altman:
 Sam Blond from Monaco
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Training Data:
 Anthropic's Katelyn Lesse & Angela Jiang: Building an Ecosystem, not a Walled Garden
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
Invest Like the Best:
 John Kim - How to Raise a Few Billion Dollars
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Tools and Weapons with Brad Smith:
 Connecting the Unconnected: Doreen Bogdan-Martin
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.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:05 PM ET, April 7, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Gene Maddaus / Variety:
Paramount agrees to a request from 12 states, led by CA, to link their federal antitrust case in the WBD merger to an existing Paramount+ subscriber lawsuit

Ethan Baron / Mercury News:
California and Google will contribute $20M each over two years to the CA Civic Media Program, far below the $250M promised in 2024, with grants of up to $250K

Reuters:
Sources: Lionsgate has attracted takeover interest from France's Bolloré Group, owner of Canal+, and Banijay, which just completed an $8B merger with All3Media

More News

Bloomberg:
Publishers say traffic to their sites has plummeted since Google rolled out AI Overviews; sources: Google acknowledged the drop in a meeting with publishers

Earlier Picks

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
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter