Techmeme
April 25, 2025, 1:20 PM

Top News

Financial Times:
Sources: Apple plans to move assembly of all iPhones sold in the US, or 60M+ iPhones per year, to India by the end of 2026, in response to Trump's trade war  —  FT Exclusive: Tech giant plans to shift assembly as soon as next year in response to Donald Trump's trade war
Reuters:
Intel reports Q1 revenue flat YoY at $12.67B, vs. $12.3B est., forecasts Q2 revenue below est., and reduces its 2025 capex target; INTC drops 7%+  —  Intel forecast second-quarter revenue below Wall Street estimates on Thursday, casting a shadow over new CEO Lip-Bu Tan's first round of earnings at the helm …
Sean Hollister / The Verge:
Intel CEO Lip-Bu Tan announces changes, including an engineering refocus, reductions in unnecessary bureaucracy and workforce, and four-day-per-week RTO policy  —  Today is Intel's Q1 2025 earnings call, and the first we're truly hearing from new Intel CEO Lip-Bu Tan, who took over the company on March 18th.
Alphabet:
Alphabet reports Q1 revenue up 12% YoY to $90.2B, net income up 46% to $34.54B, Services revenue up 10% to $77.3B, and Other Bets revenue down 9% to $450M  —  MOUNTAIN VIEW, Calif. - April 24, 2025 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2025.
Jennifer Elias / CNBC:
Todd Spangler / Variety:
Kyle Wiggers / TechCrunch:
OpenAI expands deep research usage for Plus, Pro, and Team users with an o4-mini-powered lightweight version, which also rolls out to Free users today  —  OpenAI is bringing a new “lightweight” version of its ChatGPT deep research tool, which scours the web to compile research reports on a topic …
Carmen Arroyo / Bloomberg:
Docs: X's data licensing and subscriptions revenue grew 32% YoY to $91M in February, ad revenue grew 4% YoY to $146M; Twitter had $4.5B in ad revenue in 2021  —  Elon Musk's X Holdings Corp. is evolving from a social media platform powered by mainstream advertisers to one betting …
Emma Roth / The Verge:
Netflix rolls out subtitles with just spoken dialog, without audio cues or speaker names, and says ~50% of US viewing hours happen with subtitles or captions on  —  The new option drops sound descriptions and speaker names from subtitles. … Netflix is rolling out a new subtitle option that shows just spoken dialogue.
Aisha Malik / TechCrunch:
Facebook will reduce the reach of accounts sharing spammy content and make them ineligible for monetization, after Zuckerberg promised a return to “OG Facebook”  —  Facebook will begin lowering the reach of accounts sharing spammy content and making them ineligible for monetization, Meta announced on Thursday.
Stephen Nellis / Reuters:
Adobe says Firefly users can now generate images using OpenAI's GPT, Google's Imagen 3 and Veo 2, and Flux 1.1 Pro, in addition to its own Firefly image models  —  Adobe (ADBE.O) said on Thursday it is adding image-generation artificial intelligence models from OpenAI and Alphabet's Google …
Danny Goodwin / Search Engine Land:
YouTube is testing a new AI Overviews carousel in its search results for queries focused on products and location information, for some US Premium subscribers  —  YouTube is testing a new AI Overviews carousel.  It will appear in search results for select queries.
Michael Peel / Financial Times:
Toshiba Europe researchers say they used quantum key distribution cryptography to send messages over a 250km German commercial telecommunications network  —  Researchers harness quantum mechanics to create communications system that can avoid being hacked  —  Scientists have sent messages …
Benjamin Mullin / New York Times:
Ziff Davis sues OpenAI, alleging it used Ziff Davis' content to train AI models; sources say Ziff Davis is seeking at least hundreds of millions of dollars  —  Ziff Davis, which owns more than 45 media properties, is accusing the tech company of infringing on the publisher's copyrights and diluting its trademarks.

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Pete Schroeder / Reuters:
Leah Nylen / Bloomberg:
Bloomberg:
Mark Gurman / Bloomberg:
Financial Times:
Sarah Perez / TechCrunch: