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April 11, 2025, 6:40 AM
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Top News

Samantha Subin / CNBC:
The Nasdaq closes down 4%, with Meta down 7%, Nvidia down 6%, Amazon down 5%, and Apple down 4%, as the White House says Trump's tariffs on China now total 145%  —  Technology stocks plummeted Thursday and the Nasdaq Composite dropped 4% on the heels of its record-setting session.
Financial Times:
EC president von der Leyen: the EU may tax Big Tech ad revenue, targeting Meta and Google, if Trump trade talks fail and won't revisit its “untouchable” rules  —  European Commission president tells FT she wants ‘balanced’ deal but could hit US services in retaliation
Mark Gurman / Bloomberg:
Despite Trump admin pressure, Apple is unlikely to move iPhone production to the US soon due to facility, labor, and supply chain gaps only Asia can fill now  —  For US President Donald Trump, there would be few bigger victories than having a domestically produced version of the iPhone, one of the most popular tech products in history.
Charles Rollet / TechCrunch:
The DOJ charges AI shopping app Nate's ex-CEO, Albert Saniger, with fraud, alleging the app relies heavily on workers in the Philippines; Nate had raised $50M+  —  Albert Saniger, the founder and former CEO of Nate, an AI shopping app that promised a “universal” checkout experience …
Reuters:
The cybersecurity industry is quiet after Trump canceled SentinelOne's security clearances on April 9 for hiring Chris Krebs; SentinelOne says it will cooperate  —  The cybersecurity industry has gone mostly quiet after President Donald Trump took action against one of its prominent members.
Maxwell Zeff / TechCrunch:
OpenAI rolls out a ChatGPT memory feature that references past chats for answers, starting with ChatGPT Pro and Plus subscribers, but not in the UK and the EEA  —  OpenAI announced on Thursday that it's starting to roll out a new memory feature in ChatGPT that allows the chatbot to tailor …
Tripp Mickle / New York Times:
Sources: Tim Cook approved doubling Apple's AI chips budget in 2023 after John Giannandrea sought more GPUs, but CFO Luca Maestri cut the increase to under half  —  Even before President Trump's tariffs threatened to upend Apple's manufacturing business in China, the company's struggle …
Wayne Ma / The Information:
A look at the personalities, execution problems, and poor leadership behind Apple's Siri failure; John Giannandrea's AI/ML group was dubbed “AIMLess” internally
Vikki Blake / GamesIndustry.biz:
The UK's home secretary criticizes Steam for hosting No Mercy, a game with sexual violence, rape, and incest; Steam removed it in the UK, Australia, and Canada  —  UPDATE: The game has been removed from Steam in the UK, Australia, and Canada  —  CW: This story contains references …
Jesse Hamilton / CoinDesk:
Trump signs a bill repealing IRS rules that treat DeFi platforms as brokers and require them to report user data, the first pro-crypto effort to clear Congress  —  The successful reversal of the Internal Revenue Service rule marks the first time the industry got a significant pro-crypto effort through Congress.
Dustin Volz / Wall Street Journal:
Sources: Chinese officials acknowledged in a secret December 2024 meeting that China was behind the Volt Typhoon hacks, tying them to the US' support for Taiwan  —  A senior Chinese official linked intrusions to escalating U.S. support for Taiwan  —  WASHINGTON—Chinese officials acknowledged …
Sharon Goldman / Fortune:
Some Meta insiders fear FAIR is “dying a slow death” as Joelle Pineau exits in May; Yann LeCun says it's “a new beginning” for “Advanced Machine Intelligence”  —  Yann LeCun, chief AI scientist at Meta Platforms Inc. Photographer: Nathan Laine/Bloomberg via Getty Images
Erin Woo / The Information:
Source: Google laid off hundreds of employees in its platforms and devices unit, which works on Android, Pixel, and Chrome, after offering buyouts in January  —  Google on Thursday laid off hundreds of employees in its platforms and devices unit, which works on Android software …
Ivan Mehta / TechCrunch:
Canva debuts Canva AI, which lets users generate images, design ideas, and documents, and Canva Code, for creating mini apps that can be integrated in designs  —  Although there has been significant pushback from artists regarding the proliferation of AI design tools and the content used …

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This is a Techmeme archive page. It shows how the site appeared at 6:40 AM ET, April 11, 2025.

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From Mediagazer

CNBC:
James Cameron blasts Netflix's proposed acquisition of WBD, in a letter to Senator Mike Lee, calling it “disastrous for the theatrical motion picture business”

James Hibberd / The Hollywood Reporter:
After a backlash, AMC opts out of screening an AI short film during its pre-show, programmed by ad company Screenvision, before feature films

Hanaa' Tameez / Nieman Lab:
Substack announces new tools to help writers use Polymarket data and adds Polymarket to its sponsorship pilot, prompting questions from some journalists

More News

Hadlee Simons / Android Authority:
Oppo launches the Find X8 Ultra in China, with a 6.82" OLED, a Snapdragon 8 Elite, a 6,100mAh battery, four rear cameras, and 100W charging, starting at ~$890

Earlier Picks

Matt Horne / Android Authority:
OnePlus launches the OnePlus Watch 3 in the US after pulling it to fix the “Meda in China” typo, but for $500, up from the $330 OnePlus had previously announced
Arsheeya Bajwa / Reuters:
Google says it will give US federal agencies a 71% discount for Workspace, trying to capitalize on the Trump administration's cost cutting and counter Microsoft
Emanuel Maiberg / 404 Media:
Meta says all LLMs “historically have leaned left” and wants to remove that bias with Llama 4 to “understand and articulate both sides of a contentious issue”
Sarah Wynn / The Block:
Block reaches a $40M settlement with NYDFS for “critical gaps” in its anti-money laundering program, including risk-based controls and customer due diligence
Sam Rutherford / Engadget:
Google Pixel 9a review: a great display, battery life, and cameras, a sleek design, and IP68, but slow charging, no Pixel Screenshot, and a finicky Macro Focus
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