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April 24, 2025, 8:50 AM
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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:
Tesla says it has started testing its autonomous ride-hailing service with employees in Austin and the Bay Area, and has completed 15,000 miles of driving
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.
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.
Victoria Song / The Verge:
Hands-on with Cluely's “cheat on everything” tool: the AI can't intuit what the user needs despite being given prior context and takes long to give a response  —  Tech evangelists have been yammering about “working smarter, not harder” for years.
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:
US v. Google: a Perplexity executive says Google's contract with Motorola blocked Perplexity from being the default AI assistant on new Motorola devices
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 …
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:
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.
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 …
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.
Naomi Nix / Washington Post:
Meta's Oversight Board rules that two posts disparaging trans women are not hate speech, in the first major test since Meta weakened its rules in January 2025  —  Meta's top public policy officials issued an unexpected warning last year to the company's Oversight Board: Two upcoming cases …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:50 AM ET, April 24, 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

Sara Fischer / Axios:
Source: Bari Weiss is planning to create a masthead for CBS News as part of a broader overhaul of standards and procedures

Todd Spangler / Variety:
Comcast extends Mike Cavanagh's contract through January 1, 2029, and grants a ~$35M performance-based stock package; he's set to become co-CEO in January 2026

Alex Weprin / The Hollywood Reporter:
WBD's board says it will “carefully review and consider” Paramount's revised offer, which includes a full backstop personally guaranteed by Larry Ellison

More News

Umar Shakir / The Verge:
Perplexity's iOS app enables support for the company's conversational AI voice assistant, letting users ask the chatbot to write emails, set reminders, and more
Dylan Butts / CNBC:
SK Hynix reports Q1 revenue up 42% YoY to ~$12.4B, vs. ~$12.1B est, and operating profit up 158% YoY to ~$5.2B, vs. ~$4.6B est., on demand for its HBM chips

Earlier Picks

Bloomberg:
TSMC plans to begin production with its A14 fabrication process in 2028 and an intermediary A16 chip process in late 2026
Jennifer Elias / CNBC:
Internal documents: several Google units have notified remote workers that their jobs will be in jeopardy if they don't show up at the office three days a week
Sri Muppidi / The Information:
Documents: OpenAI told investors it expects revenue of $125B in 2029 and $174B in 2030, with sales from agents and other products exceeding those from ChatGPT
More: CTech and PYMNTS.com
Bluesky: @edzitron.com.  X: @bantg, @emollick, @rick_zullo, and @pitdesi.  Forums: Slashdot
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
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
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 Japan
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