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Techmeme
April 23, 2025, 2:30 PM
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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.
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:
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 …
Dean Takahashi / VentureBeat:
Discord CEO Jason Citron is stepping down and will be succeeded by Humam Sakhnini, effective April 28; Citron will stay on the board and serve as a CEO advisor  —  Jason Citron is stepping down as CEO of Discord and he has hired game veteran Humam Sakhnini as the new CEO.
Stuart A. Thompson / New York Times:
Analysis: three X users who used to receive hundreds of thousands of views daily have seen their reach collapse after feuding with Elon Musk in December 2024  —  Note: Five-day moving average.  Views are only shown up to 400,000.  Source: X  —  When Mr. Musk purchased X in 2022 …
Sarah Perez / TechCrunch:
Meta says it is opening Threads to all advertisers worldwide, but ads will only appear in select markets at launch, after testing ads in the US and others  —  Months after first testing ads in select markets, including the U.S., Meta on Wednesday announced that its Instagram Threads app …
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) …
Andrew Liszewski / The Verge:
Meta rolls out live translations and other AI features to all Ray-Ban smart glasses, unveils new color lens combos, and plans an India, Mexico, and UAE debut  —  The Ray-Ban Meta Skyler frames are also now available in shiny chalky gray with sapphire Transitions lenses.
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.
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”.
Sharon Goldman / Fortune:
Listen Labs, which uses AI to conduct thousands of voice interviews simultaneously for customer research, raised $27M across a seed and Series A led by Sequoia  —  Alfred Wahlforss and Florian Juengermann, co-founders of Sequoia-backed AI startup Listen Labs (photo courtesy of Listen Labs)
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
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
Bloomberg:
Source: Neuralink has begun preliminary discussions to raise about $500M at an $8.5B pre-money valuation; PitchBook: it was valued at $3.5B as of November 2023  —  Elon Musk's Neuralink is planning to raise about $500 million at a pre-money valuation of $8.5 billion, according to people with knowledge of the matter.
More: Reuters
Maxwell Zeff / TechCrunch:
Meta's Oversight Board says Meta's new hate speech policies were “announced hastily” in January 2025 and asks Meta to assess the impact on vulnerable users  —  Meta's Oversight Board, the independent group created to help Meta with content moderation decisions …

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This is a Techmeme archive page. It shows how the site appeared at 2:30 PM ET, April 23, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Wall Street Journal:
Sources: ABC could lose ~$50M in licensing costs to WBD and an estimated $35M in advertising revenue after abruptly pulling the new season of The Bachelorette

Chris Geidner / Law Dork:
A federal judge slows Voice of America return-to-work order and eliminates the March 23 deadline, now ordering 70 people due back each week

Erik Wemple / New York Times:
A district court judge rules in favor of the NYT in its suit challenging rules that limited press access to the Pentagon, citing the First Amendment

More News

Chris Welch / The Verge:
Roku updates its $30 Streaming Stick and $40 Streaming Stick Plus, saying they are “the most compact sticks on the market”, and unveils new software updates

Earlier Picks

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
More: BusinessLIVE.  Bluesky: @frankpasquale.  X: @jchengwsj, @jchengwsj, and @jchengwsj
Connor Jones / The Register:
The UN says the ~$40B cybercrime call center industry, tied to East and Southeast Asian crime syndicates, is expanding globally to regions with weak governance
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
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
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