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Techmeme
May 12, 2025, 10:15 AM
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Top News

Financial Times:
The US and China agree to a deal to lower tariffs for the next 90 days, a sign of easing tensions; the US plans to cut tariffs on Chinese goods from 145% to 30%  —  Deal to reduce duties for next 90 days marks the first sign of tension easing between the two economic superpowers
Wall Street Journal:
Sources: Apple considers raising prices for its fall iPhone lineup, a step it is seeking to couple with new features and design changes, without blaming tariffs  —  China still leads production of high-end models, exposing the company to trade risk  —  Apple is weighing price increases …
Financial Times:
Sources: OpenAI is negotiating with Microsoft to launch a future IPO; Microsoft is offering to cut its equity stake for access to OpenAI's new tech beyond 2030  —  High-stakes talks to revise terms of multibillion-dollar partnership are key to plans to adopt for-profit model
Cecilia D'Anastasio / Bloomberg:
A profile of Genshin Impact creator HoYoverse, which is exploring new game genres as its titles begin to cannibalize each other and its revenue declined in 2024  —  HoYoverse plots a future path to reach further than its anime roots  —  For decades, Chinese video games and American gamers just didn't mix.
More: Game Rant.  Bluesky: @jaysheen.  X: @zhugeex, @cecianasta, and @cecianasta
Financial Times:
How India aims to become a regional data center hub, leveraging its low energy pricing and AI-skilled workforce; power supply constraints pose a major challenge  —  Domestic demand is rising fast and international cloud providers are looking to expand footprints  —  Krishn Kaushik and Chris Kay in Chennai
More: Entrepreneur

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This is a Techmeme archive page. It shows how the site appeared at 10:15 AM ET, May 12, 2025.

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From Mediagazer

Samuel Stolton / Bloomberg:
The European Commission grants conditional approval for Paramount's WBD acquisition as long as Paramount ends its EU distribution deal with Universal Pictures

Todd Spangler / Variety:
FCC Chairman Brendan Carr says ABC's decision to not carry Trump's July 16 speech about elections live will be part of its review for ABC-owned station licenses

Josh Gerstein / Politico:
A US judge rules that Trump must turn over detailed financial information of 400+ companies owned by a family trust in his defamation suit against the BBC

More News

Earlier Picks

Tyler Cowen / Conversations with Tyler:
Q&A with Anthropic co-founder Jack Clark on the parts of the economy AGI will affect last, why he's relatively bearish on AI-fueled economic growth, and more
Scott Macfarlane / CBS News:
The Trump administration fired US Copyright Office head Shira Perlmutter; her office had raised concerns about using copyrighted content to train AI models
Cheyenne MacDonald / Engadget:
The US FTC delays the start of its “click-to-cancel” rule that requires companies to make canceling subscriptions as easy as signing up, from May 14 to July 14
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