Techmeme
April 12, 2025, 11:35 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: 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
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

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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: