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April 16, 2025, 9:40 AM
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memeorandum
WeSmirchTop News
| CNBC: |
SEC filing: Nvidia says it will record a $5.5B quarterly charge after new US rules to require a license to export the H20 chips to China; NVDA drops ~5% — Nvidia said on Tuesday that it will take a quarterly charge of about $5.5 billion tied to exporting H20 graphics processing units to China and other destinations.
More: CapEdge, The Block, Tech Monitor, Tom's Hardware, Bloomberg, The Register, Associated Press, TechRadar, CNN, Fast Company, Yahoo Finance, CTech, ComputerWeekly.com, GSMArena.com, Wall Street Pit, The Economic Times, MarketWatch, from ITPro in, IG, Silicon UK, Fortune, Forbes, TechPowerUp, Analytics India Magazine, Business Standard, Verdict, Ukrainian National News, Tech in Asia, Investopedia, Daily Sabah, TipRanks Financial, Cryptopolitan, CoinDesk, Business Insider, Shacknews, SiliconANGLE, and //www.investmentweek.co.uk/
X: @riddle245, @tradingthomas3, @buccocapital, @donmiami3, @divestech, @divestech, @garethsoloway, @stocksavvyshay, @spencerhakimian, @kobeissiletter, @smartertrader, @drjstrategy, @geoffreygertz, @thezvi, @samsolid57, @steveyonezu, @tysonbrody, @nikitabier, @ns123abc, @divestech, @amitisinvesting, @divestech, @firstadopter, @smartertrader, @tmtbreakout, @rsanti97, @danielnewmanuv, and @mackhawk
Forums: r/China, r/WallStreetbetsELITE, and r/technology
| Reuters: |
Sources: Nvidia did not warn at least some major customers in advance about new US export rules on its H20 chips to China; the US told Nvidia about a week ago — Nvidia (NVDA.O) did not warn at least some major customers in advance about new U.S. export rules it was told about a week ago requiring …
More: New York Times, CNBC, PC Gamer, The Economic Times, City A.M., Channel NewsAsia, FX Empire, Benzinga, BusinessLIVE, Proactive, CoinDesk, Financial Times, The Olympian, Asia Financial, BBC, Reuters, Euronews, Cryptopolitan, The Guardian, Yahoo Finance, Financial Express, Le Monde, The Times, RTÉ, crypto.news, Radio Free Asia, Finance Magnates, Cointelegraph, Tech in Asia, Forexlive, Evertiq AB, TipRanks Financial, The West Australian, Bloomberg, and Livemint
| David DiMolfetta / Nextgov/FCW: |
Mitre, the nonprofit research organization behind the CVE program, says the US government funding needed to develop and operate CVE will expire on April 16 — The U.S. government funding needed for non-profit research giant MITRE to develop, operate and maintain its flagship Common Vulnerabilities …
More: BleepingComputer, CSO, Reuters, The Register, Krebs on Security, Android Authority, Business Wire, Forbes, The Record, John Hammond on YouTube, BetaNews, Silicon Republic, VulnCheck, Infosecurity, Cyber Security News, CyberInsider, The Hacker News, Security Boulevard, and ITPro
Bluesky: @cachiporra, @stimulusfunctions, @metacurity.com, @waldo.net, @slightlyflightyone, and @mmasnick. Mastodon: @briankrebs@infosec.exchange
X: @0xtib3rius, @dcuthbert, @cyb3rops, @vxunderground, @cyb3rops, @ddimolfetta, @gergelyorosz, @vxunderground, @gergelyorosz, @aselawaid, @jamesberthoty, @drewvolpe, @mattjay, @securethisnow, @adefunkebola, @banthisguy9349, @mattjay, @rsnake, @vxunderground, @_johnhammond, @cyb3rmonk, @ericgeller, @feross, @talbeerysec, @_0xkiwi, @_johnhammond, @vxunderground, and @tonikjdk. LinkedIn: Patrick W. Gilmore
Forums: Hacker News, r/nottheonion, r/cybersecurity, r/news, r/france, r/programming, r/Military, r/collapse, r/DataHoarder, r/technology, and r/technology
| CVE Foundation: |
CVE Board members launch the CVE Foundation, a dedicated, non-profit to continue identifying vulnerabilities, after the US ended its contract with Mitre — [Bremerton, Washington] - The CVE Foundation has been formally established to ensure the long-term viability, stability …
More: 9to5Mac, MacRumors, Help Net Security, and HealthcareInfoSecurity.com
Bluesky: @dcuthbert and @alexandrapaulus
| Wall Street Journal: |
Sources: Meta offered $450M in late March to settle the FTC's antitrust case and raised its offer to ~$1B as the trial neared; the FTC had demanded $30B — The FTC wanted $30 billion to drop its case. Zuckerberg offered much less and hoped Trump would back him up.
More: Fortune, HotAir, Sherwood News, WinBuzzer, The Economic Times, The Overspill, SiliconANGLE, Newsmax, Yahoo Finance, The Verge, Platformer, The Information, The Information, New York Times, Political Wire, and Bloomberg
X: @jason_kint, @admcrlsn, @admcrlsn, @admcrlsn, @admcrlsn, @matthewstoller, @imkialikethecar, @nicholashirst_, @zamaan_qureshi, @matthewstoller, @terrencemcd, and @pkafka. Forums: Hacker News
| Business Insider: |
Email: Mark Zuckerberg offered to buy Snapchat for $6B in 2013; Zuckerberg testified that he thought Snapchat “wasn't growing at the potential that it could” — - Mark Zuckerberg's failed Snapchat bid resurfaced in Meta's antitrust trial. — And the Meta boss seems like he hasn't fully moved on.
More: Bloomberg, Silicon Republic, Benzinga, Malay Mail, Digit, Fresno Bee, The Verge, The Information, Futurism, The Wrap, and Vanity Fair
| Bloomberg: |
More: Reuters, Reuters, Business Insider, Washington Post, PetaPixel, Android Headlines, Quartz, Al Bawaba, The Indian Express, Big Tech on Trial, Financial Express, CNBC, Bloomberg Law, Observer, Financial Times, Yahoo Finance, BBC, The Verge, and The Wrap
Bluesky: @gateklons, @kurtwagner, @sarahfrier, and @sarahfrier
Threads: @mike_isaac and @kurtwag8
X: @alexeheath, @meghanbobrowsky, @oliversegovia, @bbenedict33, @bbenedict33, @matthewstoller, @mikeisaac, and @mikeisaac
Forums: r/news, r/NoShitSherlock, and r/technology
| Ryan Browne / CNBC: |
ASML reports Q1 net sales up 46% YoY to €7.74B, vs. €7.8B est., a €2.36B net profit, €3.94B net bookings, below €4.89B est., and warns of tariff uncertainty — Dutch semiconductor equipment giant ASML on Wednesday missed order expectations and said that uncertainty …
More: The Register, Tech Monitor, ASML, Quartz, Wall Street Journal, Bloomberg, The Guardian, Fortune, CNBC, Euronews, TechPowerUp, Financial Times, Barron's Online, Bloomberg, and Reuters
X: @beuvingjordy, @mackhawk, @thetranscript_, @invesquotes, @asmlcompany, @techfund1, and @asmlcompany
Forums: r/wallstreetbets and r/europe
| Max A. Cherney / Reuters: |
More: Bloomberg, Fortune, Benzinga, The Independent, Yahoo Finance, ZeroHedge News, and Tech in Asia. Forums: r/technology
| Reuters: |
Figma confidentially files for a US IPO, more than a year after Adobe's $20B acquisition failed; the company was valued at $12.5B in a May 2024 tender offer — Cloud-based designer platform Figma on Tuesday confidentially filed for an initial public offering in the United States …
More: Axios, Crunchbase News, Figma, CNBC, Analytics India Magazine, Tech in Asia, Fortune, and Bloomberg
| The Verge: |
Sources: OpenAI is in the early stages of building its own X-like social network, focused on ChatGPT image generation, and is asking some outsiders for feedback — Is Sam Altman ready to up his rivalry with Elon Musk and Mark Zuckerberg? … OpenAI is working on its own X-like social network …
More: Digital Trends, Telegraph, Patently Apple, Fortune, CNBC, Spyglass, SiliconANGLE, AIN, Bloomberg, Marcus on AI, Decrypt, Business Standard, The Indian Express, The Crypto Times, iThinkDifferent, Nairametrics, Social Media Today, and The Times
Bluesky: @hypervisible, @carnage4life, @mantzarlis.com, @jerthorp, @ernie.tedium.co, @prietschka, @snmrrw, @lorak, @garymarcus, @caseynewton, @vortexegg.com, and @karlbode.com. Mastodon: @ben@werd.social. Threads: @the_coach_life
X: @vxunderground, @simonmxtthews, @birdyword, @banklesshq, @btibor91, @scobleizer, @katienotopoulos, @raywongy, @altryne, @krzysztof_lysy, @zacbowden, @restoreorderusa, @garymarcus, @morqon, @andrewcurran_, @bindureddy, @pitdesi, @steph_palazzolo, @jukanlosreve, @briansolis, @davewiner, @jam3scampbell, @phantom, @scottnover, @polymarket, @nickadobos, @amitisinvesting, @sirodoht, @turnernovak, @danielnewmanuv, @rihardjarc, @billym2k, @alexeheath, @amir, @kyliebytes, and @kyliebytes. LinkedIn: Alison McCauley
| Dylan Patel / SemiAnalysis: |
A look at Huawei's AI CloudMatrix 384 rack-scale system, which is less power-efficient than Nvidia's GB200 NVL72, though this is not a limiting factor in China — Huawei is making waves with its new AI accelerator and rack scale architecture. Meet China's newest and most powerful Chinese domestic solution … | Abner Li / 9to5Google: |
Google plans to redirect all Search users to google.com over the coming months, saying “country-level domains are no longer necessary” — Historically, Google users around the world have visited country-specific sites like google.com.br (Brazil), google.fr (France), or google.co.uk (UK).| Kyle Wiggers / TechCrunch: |
xAI unveils Grok Studio, a canvas-like tool for its Grok chatbot that can generate and edit documents, run code like Python and JavaScript, and more — Grok, the chatbot from Elon Musk's AI company, xAI, has gained a canvas-like feature for editing and creating documents and basic apps.
More: Engadget, Analytics India Magazine, Tom's Guide, Blockchain.News, MakeUseOf, and Tech in Asia
| Ben Weiss / Fortune: |
OKX relaunches in the US and unveils a new crypto wallet for users, two months after a $500M DOJ settlement over insufficient anti-money laundering processes — Seychelles-based OKX announced on Tuesday that it is relaunching the U.S. version of its crypto exchange and unveiled a new wallet …
More: OKX, The Block, Yahoo Finance, CryptoSlate, Cointelegraph, Blockhead, Bitcoin Insider, Decrypt, CoinGape, CoinDesk, and Bloomberg
X: @wublockchain and @okx
| Anne VanderMey / Bloomberg: |
Infinite Reality, which recently bought Napster, acquires AI customer support startup Touchcast for $500M in cash and stock, valuing Infinite Reality at $15.5B — The acquisition comes just weeks after the company said it would buy iconic 2000s music brand Napster.| Reuters: |
River: China's local governments held 15,000 bitcoin worth $1.4B at the end of 2024, the world's 14th biggest holder, sparking a debate on how to handle it — China's growing pile of cryptocurrencies seized from illegal transactions is prompting local governments to find ways to dispose … | Jagmeet Singh / TechCrunch: |
Google says it suspended 39.2M US advertiser accounts on its platform in 2024, up over 3x from 12.7M in 2023, and took down 1.8B ads, aided by new AI tools — Google on Wednesday said it suspended 39.2 million advertiser accounts on its platform in 2024 — more than triple the number … | Ben Quinn / The Guardian: |
UK filing: in 2023, following Elon Musk's acquisition, X had £69.1M in UK revenue, down 66.3% YoY, and its profit fell from £5.6M to £1.2M — Social media platform formerly known as Twitter says 66.3% revenue drop was down to fall in advertising income| Bloomberg: |
US credit and debit card data: Shein's US sales rose 29% YoY in March and 38% YoY in April's first 11 days, while Temu rose 46% and 60%, ahead of US tariffs — Powerbeats Pro 2 Review: Best Workout Earbuds Still Lag on Audio Quality — Beats' newest exercise headphones are improved, but they face stiffer competition than ever.| Emma Roth / The Verge: |
Google rolls out its text-to-video AI model Veo 2 to Gemini Advanced subscribers and makes its Whisk Animate tool available for Google One AI Premium users — A new Whisk Animate tool is coming to Google One AI Premium users, as well. … Google is letting Gemini Advanced subscribers try out Veo 2 …
More: The Keyword, Tom's Guide, Moneycontrol, PCMag, TechCrunch, Benzinga, Analytics India Magazine, The Decoder, 9to5Google, TestingCatalog, BGR, Business Standard, Phandroid, Livemint, Campaign Middle East, and Nairametrics
X: @sundarpichai, @googlelabs, @nearcyan, @google, @nearcyan, and @googledeepmind. Forums: r/singularity
| Jay Peters / The Verge: |
OpenAI is adding an image library to ChatGPT to make it easier for users to access their AI-generated images, rolling out to all Free, Plus, and Pro users — The new Library is rolling out now to all Free, Plus, and Pro users. … OpenAI is adding an image library to ChatGPT to make it easier … | Mohar Chatterjee / Politico: |
Sources: the US DOD's Defense Digital Service is effectively shutting down as nearly all staff are resigning, saying they were sidelined by DOGE's efforts — Employees of a defense tech unit say they were sidelined by DOGE. “Either we die quickly or we die slowly,” says the director.
More: NPR. Bluesky: @laurenmeidasa. Mastodon: @GossiTheDog@cyberplace.social and @KimPerales@toad.social
Forums: r/cybersecurity and r/politics
| Lauren Forristal / TechCrunch: |
Patreon plans to test livestreaming within its mobile app and on the web with select users this week ahead of a wider rollout in summer 2025 — Patreon is finally experimenting with a native livestreaming, a new feature that could attract more creators and help them earn more money.Sponsor Posts
Niantic Spatial:
World models need real-world data — Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics. Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
World models need real-world data — Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics. Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
Zoho:
Meet Zoho Books MCP: Bring AI-powered accounting to your business — Isn't change the only constant? And that holds true for accounting too. For years, accounting software has helped businesses manage their finances …
Meet Zoho Books MCP: Bring AI-powered accounting to your business — Isn't change the only constant? And that holds true for accounting too. For years, accounting software has helped businesses manage their finances …
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.
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.
Anuma:
The Private AI That Remembers — Anuma is the all-in-one AI platform with private, portable memory. Chat, text, create, build, and solve across every model.
The Private AI That Remembers — Anuma is the all-in-one AI platform with private, portable memory. Chat, text, create, build, and solve across every model.Featured Podcasts
Lenny's Podcast:
Why cultivating agency matters more than cultivating skills in the AI era | Max Schoening (Head of Product, Notion)
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.
Big Technology Podcast:
OpenAI's User Growth Miss, Musk vs. Altman, Prediction Market Ban
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.
Training Data:
OpenAI's Greg Brockman: Why Human Attention Is the New Bottleneck
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
The Upstarts Podcast:
Runway's Cris Valenzuela: Building The Hollywood-Friendly Video AI That OpenAI Couldn't
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Hard Fork:
OpenAI's Big Reset + A.I. in the Doctor's Office + Talkie, a pre-1930s LLM
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
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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