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April 12, 2025, 10:00 AM
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| Financial Times: |
The Trump administration excludes smartphones along with selected computers and laptops from reciprocal tariffs — Tech including routers and selected computers get reprieve after a week of turbulence in US markets — The Trump administration has excluded smartphones from its steep …
More: Bloomberg, CNBC, AppleInsider, CNN, 9to5Mac, and U.S. Customs …
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Mastodon: @KimPerales@toad.social and @ianb@mastodon.well.com
X: @yeselson, @josephpolitano, @mattbruenig, @jessesingal, @mattyglesias, @petespiliakos, @zac_petkanas, @keithmancuso, @besttrousers, @aaronblake, @pewilliams_, @jamessurowiecki, @historyboomer, @travisyost, @mooremorrissemi, @dkthomp, @dkaushik96, @nmf_bru, @scottlincicome, @danpfeiffer, @scottlincicome, @mohit_emkay, @seanobannon_, @confusedsith, @modestproposal1, @jraines, @rjunkapoor, @anthonydelage, @morqon, @itsandrewjude, @nkulw, @realjimchanos, @teroterotero, @divestech, @charlesarthur, @dimi, @markgurman, @benthompson, @tianan_, and @mgsiegler. LinkedIn: Deborah Elms
Forums: r/politics, r/DataHoarder, r/wallstreetbets, r/hardware, and r/baba
| 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.
More: Reuters, Engadget, Meta, CNBC, Tech in Asia, RTÉ, The Information, TechCrunch, The Hollywood Reporter, and Irish Independent
X: @campbell_brown, @cernovich, @sarafischer, @donaldjtrumpjr, and @jasonmiller. Facebook: Mark Zuckerberg
| 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.
More: The Verge, Financial Express, T3, Tech in Asia, and Trusted Reviews
| Financial Times: |
Sources: Ilya Sutskever's Safe Superintelligence raised $2B led by Greenoaks at a $32B valuation; SSI last raised $1B at a $5B valuation in September 2024 — Start-up raises $2bn, underscoring investors' keen appetite for bankrolling AI groups despite US economic tumult| 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
More: Reuters, DL News, Cryptopolitan, CoinGape, The Crypto Times, Coinpedia Fintech News, Crypto Briefing, Bloomberg, and Cointelegraph. X: @tier10k
| 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 …
More: Newzoo, TechSpot, ITC.UA, Mezha.Media, Game Rant, Kotaku, Game File, PC Games Insider, and CNET
| 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 …
Bluesky: @sbyrnes, @whodat35, @wired.com, @wired.com, @emptywheel, @techviews, @couts, and @katie-drummond. X: @wired
Forums: r/technology, r/politics, r/feddiscussion, r/fednews, and r/TrueReddit
| Ari Levy / CNBC: |
Filing: Founders Fund has closed a $4.6B late-stage venture fund; source: a substantial amount of the capital was provided by the firm's general partners — Founders Fund, the venture capital firm run by billionaire Peter Thiel, has closed a $4.6 billion late-stage venture fund …
More: Tech in Asia, The Economic Times, Bloomberg, and US SEC
| 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
| 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.| Sarah Perez / TechCrunch: |
Appfigures: ChatGPT was the most downloaded app globally in March, excluding games, with 46M downloads across App Store and Google Play, its biggest month ever — ChatGPT became the world's most downloaded app in March, excluding games, topping the usual contenders for the No. 1 spot, Instagram and TikTok.
More: Business Today, 9to5Mac, Moneycontrol, Nairametrics, The Economic Times, and Redmond Pie
| 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.| Counterpoint Research: |
In Q1 2025, SK Hynix overtook Samsung for the first time to lead global DRAM revenues with a 36% share, driven by its dominant 70% market share in HBM — - SK Hynix takes lead for first time ever in DRAM, grabbing 36% share of revenues in Q1 2025 — In particular, the company dominated in critical HBM with 70% market shareSponsor Posts
Google:
Try Gemini 3 Pro — Google's newest and most intelligent AI model that helps you bring any idea to life
Try Gemini 3 Pro — Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Shopify's new AI commerce stack — Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Shopify's new AI commerce stack — Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Zoho:
Connecting, collaborating, and growing: Zoho Mail 2025 wrap-up — Your inbox has been home to a lot this year—quick updates, long threads, approvals, reminders, and the occasional late-night draft you weren't sure about.
Connecting, collaborating, and growing: Zoho Mail 2025 wrap-up — Your inbox has been home to a lot this year—quick updates, long threads, approvals, reminders, and the occasional late-night draft you weren't sure about.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
BG2 Pod:
AI Enterprise - Databricks & Glean
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.
Subscribe to BG2 Pod.
Great Chat:
The stories we told ourselves in 2025
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
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Grit:
How Brands Stay Visible When AI Decides | Profound CEO James Cadwallader
Grit explores what it takes to create, build and scale world-class organizations.
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Lenny's Podcast:
The coming AI security crisis (and what to do about it) | Sander Schulhoff
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Big Technology Podcast:
OpenAI's Potential, Google's Speedy Model, Copilot Hits Turbulence
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
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.
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