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Techmeme
April 12, 2025, 3:15 AM
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Top News

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.
Ellen O'Regan / Politico:
Ireland's DPC opens an investigation into how personal data in public X posts was used to train xAI's Grok, which could stoke tensions between the EU and the US  —  The investigation threatens to stoke further tensions between the EU and U.S. over tech rules.
Anton Shilov / Tom's Hardware:
China exempts products from AMD, Nvidia, Intel, Qualcomm, and others that are made by Taiwanese companies like TSMC from the 125% tariff on US products  —  Killing two birds with one stone.  —  Amid a fierce trade war with the US, China's General Administration of Customs has changed …
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 …
Kyle Wiggers / TechCrunch:
A group of former OpenAI employees files an amicus brief in support of Elon Musk in his lawsuit opposing OpenAI's for-profit transition  —  A group of ex-OpenAI employees on Friday filed a proposed amicus brief in support of Elon Musk in his lawsuit against OpenAI, opposing OpenAI's planned conversion …
Kyle Wiggers / TechCrunch:
OpenAI plans to retire GPT-4, launched in March 2023, from ChatGPT on April 30, to be “fully replaced” by GPT-4o; GPT-4 will remain available via OpenAI's API  —  OpenAI will soon retire GPT-4, an AI model it launched over two years ago, from ChatGPT, according to a changelog posted on Thursday.
Natalie Lung / Bloomberg:
YipitData: Waymo's robotaxis made up about 20% of rides offered by Uber in Austin in the last week of March, after launching on March 4  —  Waymo robotaxis made up about 20% of rides offered by Uber Technologies Inc. in Austin in the last week of March, underscoring how consumers have warmed …
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 …
Kate O'Keeffe / Bloomberg:
US investigators are probing whether the China ties of TP-Link Systems Inc., the US-based business of Wi-Fi router giant TP-Link, pose an “unacceptable risk”  —  - TP-Link Systems still has sizable China presence, records show  — Founder says he's ‘chosen the US’ in company's restructuring
Forums: Slashdot
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.
Chris Metinko / Crunchbase News:
Asia's startup funding fell 40% YoY to ~$13B in Q1 2025, the lowest funding for a quarter since $12.3B in Q4 2014; AI startup funding fell 50% YoY to just $1.8B  —  While OpenAI's massive $40 billion funding boosted global and North America's funding totals, Asia was not so lucky.
Ryan Weeks / Bloomberg:
Architect Partners: Q1 2025 was a record quarter for crypto M&A with 61 deals and $2.2B in total deal value, including Kraken's $1.5B acquisition of NinjaTrader  —  A false dawn for M&A?  —  Is the crypto M&A boom for real?  We asked Casper Johansen, partner at The Spartan Group, a digital assets advisory firm.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:15 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.

From Mediagazer

Bloomberg:
Canadian billionaire Stephen Smith agrees to buy the entire 26.9% stake in The Economist Group held by Lynn Forester de Rothschild; the terms were not disclosed

Todd Spangler / Variety:
Filing: David Zaslav is set to receive at least $550M in compensation related to the Paramount-WBD deal, including $517.2M in equity in the combined company

Max Tani / @maxwelltani:
Memo: Notus plans to “dramatically expand” its coverage of national politics with a “new version of NOTUS under a new name” and will double staff from 50 to 100

More News

Sean O'Kane / TechCrunch:
Blue Water Autonomy, which says it is building a 100-ton autonomous naval ship, emerges from stealth with a $14M seed from Eclipse VC, Riot, and Impatient
Christopher Mims / Wall Street Journal:
How Nintendo is navigating tariff chaos, including shipping an estimated 1.7M Switch 2 units to the US before tariffs took effect, assembling in Vietnam, more
Reuters:
SmartScout: China-based electronics accessories maker Anker has raised prices by ~18% on a fifth of its products on Amazon, as US starts applying new tariffs

Earlier Picks

Jay Peters / The Verge:
Microsoft rolls out Recall in preview to Copilot+ PCs, after delaying the feature twice, from June 2024 and October 2024, over security and privacy concerns
Business Insider:
US Defense Secretary Pete Hegseth cuts $5.1B in IT and consulting contracts, such as with Accenture, Deloitte, and Booz Allen, calling them “wasteful spending”
Tripp Mickle / New York Times:
Sources: Tim Cook approved a plan to double the AI chip budget for John Giannandrea's team in 2023, but CFO Luca Maestri cut the increase to less than half that
Erin Woo / The Information:
Source: Google cuts hundreds of employees in its platforms and devices unit, which works on Android, Pixel, and Chrome, after offering buyouts in January 2025
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+
Andrew Liszewski / The Verge:
Razer launches Razer PC Remote Play, which streams PC games to mobile devices running Windows, iOS, iPadOS, or Android at their native resolutions
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
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