Techmeme
April 12, 2025, 11:55 AM

Top News

Bloomberg:
The Trump administration excludes smartphones, laptops, hard drives, processors, memory chips, and machines used to make semiconductors from reciprocal tariffs  —  President Donald Trump's administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs …
More: U.S. Customs …, BBC, CNBC, AppleInsider, CNN, Barron's Online, Financial Times, Yahoo Finance, Engadget, Fortune, Axios, Windows Central, 9to5Mac, The Verge, Laptop Mag, New York Times, PhoneArena, Android Central, Daily Mail, RedState, The Post Millennial, iClarified, Wall Street Pit, Mirror, ZeroHedge News, Mediaite, CBS News, Politico, KENS, Al Jazeera, Forbes, KVUE-TV, WHEC.com, and Mock Paper Scissors
Bloomberg:
Netflix is testing an OpenAI-powered search engine that lets users find shows via inquiries that go beyond genres or actors' names, like the subscriber's mood  —  The OpenAI-powered search engine lets customers look for shows using far more specific terms, including the subscriber's mood, for example, the company said.
Sara Fischer / Axios:
Meta adds Dina Powell McCormick, who served as deputy national security adviser to Trump in his first term, and Stripe CEO Patrick Collison to its board  —  Dina Powell McCormick, a prominent banking executive and former Republican official, and Stripe CEO Patrick Collison are joining Meta's board, Axios has learned.
Makena Kelly / Wired:
Sources: Palantir is helping DOGE build an API layer above all IRS databases; DOGE wants Palantir's Foundry software to be the “read center of all IRS systems”  —  For the past three days, DOGE and a handful of Palantir representatives, along with dozens of career IRS engineers …
Wall Street Journal:
Sources: Binance asked the US Treasury last month to loosen oversight on its AML compliance, after Binance entered into deal talks with Trump's crypto venture  —  Executives for the cryptocurrency exchange met with Treasury officials last month after the company entered into talks with a Trump family venture
Sophie McEvoy / GamesIndustry.biz:
Newzoo: global consumer spending for PC and console gaming fell 2% YoY to $80.2B in 2024, with console revenues leading market share with $42.8B, down 3.9% YoY  —  Firm estimates PC and console gaming market to reach $92.7 billion by 2027  —  Global consumer spending for PC and console gaming fell …
Meaghan Tobin / New York Times:
ByteDance, which spent an estimated $11B in 2024 on infrastructure for AI, is using data from ~1B users of its apps as the linchpin of its growing AI business  —  A set of popular apps helped China's ByteDance develop a key component of advanced artificial intelligence: information on how a billion people use the internet.
More: Politico

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.
Cloudflare:
Cloudflare Connect 2026: The Agentic Conference  —  Stop preparing for agents.  Start running them.  100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Zoho:
App Spotlight: Google Sheets Magic Lookup for Zoho CRM  —  Our App Spotlight brings you hand-picked apps to enhance the power of your Zoho apps and tools.  Visit Zoho Marketplace to explore all apps, integrations …
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.

Featured Podcasts

Acquired:
Home Depot
Learn the playbooks that built the world's greatest companies - and how you can apply them as a founder, operator, or investor.
Subscribe to Acquired.
Big Technology Podcast:
Special Report: Will AI Wipe Out Humanity? (And Who Profits)
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:
The Atlantic's CEO on AI, Billionaire Owners, and Moonlighting as a Creator
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.
Sources:
Mark Zuckerberg on Muse, Meta's biggest AI bet yet
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Lenny's Podcast:
How we built Grok Bot in a month | Roman Ugarte (SpaceXAI)
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.
Invest Like the Best:
Walter Russell Mead - How America Keeps Winning
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:55 AM ET, April 12, 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.

More News

Kate O'Keeffe / Bloomberg:
Natalie Lung / Bloomberg:
Sean O'Kane / TechCrunch:

Earlier Picks

Kyle Wiggers / TechCrunch:
Anton Shilov / Tom's Hardware:
Erin Woo / The Information:
Charles Rollet / TechCrunch: