Techmeme
April 24, 2025, 9:45 AM

Top News

European Commission:
The European Commission says that Meta's Facebook Marketplace should no longer be designated under the DMA, citing fewer than 10,000 business users in 2024  —  Today, the European Commission found that Apple breached its anti-steering obligation under the Digital Markets Act (DMA) …
Reuters:
The White House says that the EU's €500M fine on Apple and €200M fine on Meta are a “novel form of economic extortion” that the US will not tolerate  —  The White House said on Wednesday that fines on Apple (AAPL.O) and Meta Platforms (META.O) by the European Union were a …
Financial Times:
Elon Musk is stepping back from DOGE in May, spending 1-2 days per week on government work, as tariffs, customer anger, and Chinese competition weigh on Tesla  —  Billionaire's foray into government coincided with increased competition from Chinese rivals  —  In the days following Donald …
Rebecca Bellan / TechCrunch:
Bloomberg:
President Trump will have dinner with the top 220 holders of the TRUMP memecoin on May 22, according to the memecoin's website; TRUMP jumps 50%+  —  President Donald Trump will have dinner with the top 220 holders of the Trump memecoin, the issuers of the cryptocurrency announced on Wednesday.
Ivan Mehta / TechCrunch:
Adobe unveils its Firefly Image Model 4 and Model 4 Ultra, launches a redesigned Firefly web app, is testing a new Adobe Content Authenticity web app, and more  —  Adobe on Thursday launched the latest iteration of its Firefly family of image generation AI models, a model for generating vectors …
Sarah Perez / TechCrunch:
İFÖD: Bluesky restricted access to 72 accounts in Turkey at the government's request; the accounts are available on third-party apps using the AT Protocol  —  Government censorship has found its way to Bluesky, but there's currently a loophole thanks to how the social network is structured.
Victoria Song / The Verge:
Dean Takahashi / VentureBeat:
Discord co-founder and CEO Jason Citron is stepping down, replaced by Humam Sakhnini effective April 28; Citron will stay on the board and become a CEO advisor  —  Jason Citron is stepping down as CEO of Discord and he has hired game veteran Humam Sakhnini as the new CEO.
Stephanie Lai / Bloomberg:
Trump signs an EO to boost AI education and workforce training, and establishes an AI education task force led by White House OSTP Director Michael Kratsios  —  President Donald Trump signed an executive action to boost artificial intelligence education and workforce training …
Leah Nylen / Bloomberg:
Larry Dignan / Constellation Research:
Microsoft's 2025 Work Trend Index report, based on a survey of 31,000 people, argues that “Frontier Firms” utilizing agentic AI as digital workers are emerging  —  As enterprises adopt AI agents and digital workers, companies' success may depend on the human-agent ratio and how workflows are managed.
Kyle Wiggers / TechCrunch:
OpenAI brings ChatGPT's new image generator tech to its API, for $5 per 1M text input tokens, $10 per 1M image input tokens, and $40 per 1M image output tokens  —  OpenAI on Wednesday brought the tech behind its new and improved image generation feature in ChatGPT to its API …
Ryan Browne / CNBC:
Revolut reports 2024 revenue up 72% YoY to £3.1B, net profit up 149% YoY to £1.1B, and wealth unit revenue up 298% YoY to £506M; its loan book grew 86% to £979M  —  LONDON — British fintech firm Revolut on Thursday announced it topped $1 billion in annual profit for the first time …
Jordan Novet / CNBC:
IBM reports Q1 revenue up 0.6% YoY to $14.54B, vs. $14.4B est., and says DOGE delayed or nixed 15 of its federal contracts; IBM drops 6%+  —  IBM reported better-than-expected earnings and revenue for the first quarter on Wednesday.  The stock slipped 2% in extended trading.  —  Here's how the company performed:
Dan Milmo / The Guardian:
Ofcom outlines 40+ child safety measures for websites and apps to introduce from July 2025 or face large fines under the Online Safety Act, including age checks  —  Companies will be legally required to block children's access to harmful content under UK's Online Safety Act or face large fines
RT Watson / The Block:
Interfax: Russia's Central Bank and Finance Ministry plan to launch a crypto exchange for “highly qualified investors” under an experimental legal regime  —  - Russia's Central Bank and Finance Ministry will launch a crypto exchange for “highly qualified investors,” according to Russian news agency Interfax.
Bloomberg:
TSMC plans to begin production with its A14 fabrication process in 2028 and an intermediary A16 chip process in late 2026  —  The technology will advance the world's biggest chipmaker beyond its current state-of-the-art 3-nanometer fabrication and the upcoming 2-nm later this year.

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Zoho:
Connecting, collaborating, and growing: Zoho Mail 2025 wrap-up  —  Your inbox has been home to a lot this year—quick updates, long threads, approvals, reminders, and the occasional late-night draft you weren't sure about.
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Featured Podcasts

Grit:
How Brands Stay Visible When AI Decides | Profound CEO James Cadwallader
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Hard Fork:
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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.
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Betting on reality with Kalshi CEO Tarek Mansour
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
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Ted Sarandos: Netflix and how tech changed storytelling
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.
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More News

Naomi Nix / Washington Post:
Umar Shakir / The Verge:
Dylan Butts / CNBC:

Earlier Picks

Jennifer Elias / CNBC:
Sri Muppidi / The Information:
More: CTech, The Decoder, and PYMNTS.com
Bluesky: @edzitron.comX: @bantg, @emollick, @rick_zullo, and @pitdesiForums: Slashdot
Stuart A. Thompson / New York Times:
Andrew Liszewski / The Verge:
Sarah Perez / TechCrunch: