Techmeme
April 23, 2025, 10:45 AM

Top News

Wall Street Journal:
The European Commission fines Apple €500M and Meta €200M under the DMA and issues cease-and-desist orders to both companies; Apple and Meta say they will appeal  —  Fines come as European officials pursue trade talks with the Trump administration  —  BRUSSELS—The European Union fined Apple …
Bloomberg:
US v. Google: OpenAI's ChatGPT chief Nick Turley says the company would be interested in buying Chrome from Google if a federal court orders it to be spun off  —  OpenAI would be interested in buying Google's Chrome browser if a federal court orders it to be spun off, the head of ChatGPT said in a court hearing Tuesday.
Bloomberg:
Bloomberg:
Source: Intel is set to unveil plans this week to cut 20%+ of staff, its first major restructuring under Lip-Bu Tan; Intel had 108,900 workers in December 2024  —  Intel Corp. is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the struggling chipmaker …
Carl Franzen / VentureBeat:
Nari Labs unveils Dia, a 1.6B parameter text-to-speech model designed to produce naturalistic dialogue directly from text prompts, built with “zero funding”  —  A two-person startup by the name of Nari Labs has introduced Dia, a 1.6 billion parameter text-to-speech (TTS) …
Abner Li / 9to5Google:
On the 20th birthday of its first video, YouTube says it has had 20T+ uploads, including 20M+ daily now, and unveils app and TV updates, including new Multiview  —  YouTube is celebrating its 20th birthday with a number of stats, while previewing new features that are coming this year.
Bloomberg:
Elon Musk says production of Tesla's humanoid robot Optimus is affected by China's recent restrictions on exports of rare earth minerals used in magnets  —  Speaking on the company's earnings call on Tuesday, Chief Executive Officer Elon Musk said production was impacted by the “magnet issue”.
Financial Times:
Sources: Cantor's Brandon Lutnick, the son of the US commerce secretary, seeks to form a $3B bitcoin acquisition vehicle with SoftBank, Tether, and Bitfinex  —  Investment vehicle backed by son of commerce secretary comes as US adopts more favourable policy on digital currency
Matt Day / Bloomberg:
Sources: Amazon's Project Kuiper has completed just a few dozen satellites so far, far below the pace needed to reach the FCC's 1,618 deadline by July 2026  —  Project Kuiper has completed just a few dozen satellites so far, more than a year into its manufacturing program, according to three people familiar with the situation.
Shaurya Malwa / CoinDesk:
Mantra's CEO begins burning $80M worth of his OM tokens and plans to burn $80M worth from partners, after a 90% collapse on April 13 erased $5B+ in market value  —  The tokens are part of John Mullin's team allocation that were staked when the network first started in October 2024.  —  What to know:
Tom Phillips / Eurogamer.net:
Nintendo says Switch 2 preorder demand in Japan “far exceeds expectations” and 2.2M applied via a lottery; Nintendo is offering a cheaper, region-locked model  —  2.2m people applied to buy, and a “significant number” will be unsuccessful.  —  News by Tom Phillips Editor-in-Chief
Aisha Malik / TechCrunch:
Superpower, which uses AI for personalized health overviews and offers biannual lab testing that analyzes 100+ blood biomarkers, launches with a $30M Series A  —  A startup called Superpower is publicly launching what it calls the world's first super app that is designed to help people better understand and take care of their health.
Jon Emont / Wall Street Journal:
How Nike and US manufacturer Flex's plan to automate sneaker production in Guadalajara ran into trouble, with factory robots struggling to handle soft materials  —  Trump sees tariffs as a way to boost U.S. manufacturing, but Nike's struggle to move production from Asia is a cautionary tale

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Earlier Picks

Connor Jones / The Register:
Tony Maglio / The Hollywood Reporter:
Daniel Kuhn / The Block: