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April 12, 2025, 11:35 AM
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| 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: CNBC, BBC, AppleInsider, U.S. Customs …, CNN, Barron's Online, Yahoo Finance, Financial Times, Fortune, Axios, Windows Central, 9to5Mac, The Verge, New York Times, PhoneArena, Android Central, Daily Mail, RedState, Mirror, iClarified, Wall Street Pit, ZeroHedge News, Mediaite, CBS News, Politico, KENS, Forbes, KVUE-TV, WHEC.com, and Mock Paper Scissors
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X: @josephpolitano, @josephpolitano, @teroterotero, @pt, @zhao_dashuai, @joannastern, @danprimack, @jonathanchait, @dimi, @teroterotero, @alessiotmad, @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: Keefe John, Lori Mullins, Andy Rothman, and Deborah Elms
Forums: Hacker News, r/CanadianInvestor, r/SBCGaming, r/framework, r/technology, r/StockMarket, r/DeepFuckingValue, r/ProfessorFinance, r/GME, r/iphone, r/intelstock, r/taiwan, r/inthenews, r/thescoop, r/geopolitics, r/wallstreetbetsGER, r/politics, r/moderatepolitics, r/Economics, r/apple, r/DataHoarder, r/wallstreetbets, r/UpliftingNews, r/China, r/neoliberal, r/Economics, r/hardware, r/Quebec, r/NintendoSwitch2, r/baba, r/NVDA_Stock, r/wallstreetbets, and r/WallStreetbetsELITE
| 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, Tech in Asia, and Trusted Reviews
| 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, Fortune, Mashable, Meta, CNBC, Tech in Asia, RTÉ, The Information, TechCrunch, The Hollywood Reporter, and Irish Independent
X: @campbell_brown, @cernovich, @donaldjtrumpjr, @jasonmiller, and @sarafischer. Facebook: Mark Zuckerberg
| 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, @wired.com, @wired.com, @emptywheel, @techviews, @whodat35, @couts, and @katie-drummond. Mastodon: @JorisMeys@mstdn.social. X: @wired
Forums: r/technology, r/politics, r/feddiscussion, r/fednews, and r/TrueReddit
| 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| Bloomberg: |
India's JioHotstar now has 200M+ paid subscribers, driven by multi-language IPL cricket streams, ranking third-largest globally after Netflix and Prime Video — JioHotstar, India's largest streaming platform, has increased its paying subscriber base to over 200 million … | 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
| 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
More: StrictlyVC, The Information, and Windows Central
| 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 CNET
| Gabriela Sá Pessoa / Rest of World: |
A look at the battle between Uber and its unlikely ally, Chinese-owned rival 99, against the São Paulo city government, which banned motorcycle taxis in 2023 — The ride-hailing rivals are taking on the government of São Paulo, which banned motorcycle taxis.| 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.Sponsor Posts
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