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May 12, 2025, 10:20 AM
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memeorandum
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| 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
More: The White House, The White House, New York Times, CNBC, The Register, Engadget, Tom's Hardware, BBC, The Information, New York Post, TechCrunch, Financial Times, New York Times, PC Gamer, Reuters, gCaptain, Blockchain News, Semafor, Wall Street Journal, WinBuzzer, CoinGape, Arabian Business, crypto.news, The Verge, CoinDesk, Crypto Briefing, The Times, PetaPixel, Bloomberg, Disruption Banking, and The Sun
Bluesky: @beyerstein, @kagrox, @karlkuszaj, @katjabego, @emoltzen, @dandrezner, @joshtpm, @abenewman, @drodrik, @hern, @wiseacre.me, @nathansnewman, @chasecarter, @paularmstrongtbd, and @judah-grunstein
X: @whitehouse, @meiselasb, @thestalwart, @josephpolitano, @jamessurowiecki, @hblodget, @trumpdailyposts, @justinwolfers, @chenweihua, @onlyyoontv, @jingjing_li, @vtg2, @henrysgao, @thestalwart, @henrysgao, @henrysgao, @mrmbrown, @nicknotned, @edwardlawrence, @josh_wingrove, @spoxchninus, @thestalwart, @dgt10011, @thestalwart, @freightalley, @elerianm, @javierblas, @rajakorman, @grummz, @geringtuvia, @joristeer, @faisalislam, and @chenweihua
| 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 …
More: MacRumors, CNET, PCMag, BNN Bloomberg, Financial Express, AppleInsider, TechCrunch, The Economic Times, 9to5Mac, Washington Post, Reuters, Benzinga, PhoneArena, Android Authority, Bloomberg, City A.M., Gulf News, Cryptopolitan, The Indian Express, The Shortcut, Mashable, Digital Trends, Barron's Online, BGR, iPhone in Canada Blog, Cult of Mac, Wccftech, RTTNews, Business Today, The Mac Observer, Trak.in, and NPR
| Bloomberg: |
Sources: SoftBank and OpenAI's $100B Stargate investment hits snags on tariff fears; talks with dozens of lenders started earlier in 2025 have yielded no deals — SoftBank Group Corp.'s plans to invest $100 billion in artificial intelligence infrastructure in the US have slowed …
More: WinBuzzer and Tech in Asia
| 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
More: Computerworld, Reuters, Fortune, Tech Monitor, GeekWire, Barron's Online, TechCrunch, Sherwood News, The Paypers, PhoneArena, Tech in Asia, Livemint, Chamath Palihapitiya, The Rundown AI, The Crypto Times, Proactive, SiliconANGLE, Profit, Business Today, PYMNTS.com, Cointelegraph, iPhone in Canada Blog, Times of India, Benzinga, Nairametrics, WinBuzzer, Business Standard, The Economic Times, and Yahoo Finance
Forums: r/singularity, r/artificial, and r/wallstreetbets
| 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.| Dominic Preston / The Verge: |
Honor launches a free AI image-to-video generator powered by Google's Veo 2 in the Honor 400 and 400 Pro, shipping May 22; Veo 2 is limited to paid Gemini plans — Honor 400 buyers will be the first to try Google's effort at creating videos from images on a phone.| Ernesto Van der Sar / TorrentFreak: |
How OpenDNS, Cloudflare, and Google responded to EU court orders to block the DNS resolution of pirate sites; OpenDNS left France and Belgium rather than comply — The frontline of online piracy liability keeps moving, and core internet infrastructure providers are increasingly finding themselves in the crosshairs.| New York Times: |
How President Trump is leveraging the US' dominance in AI chips to secure strategic deals with Middle Eastern oil-rich countries like Saudi Arabia and the UAE — As the president heads to the Middle East, America's dominance over A.I. chips has become a powerful source of leverage for the president.
More: Tech Policy Press, Bloomberg, Cryptopolitan, Rest of World, and Axios
| Alex Wilkins / New Scientist: |
A look at Foresight, an AI model trained on anonymized NHS data from 57M people in England, which could help predict diseases or forecast hospitalization rates — The makers of an AI model called Foresight say it could help predict disease or hospitalisation rates, but others have expressed concern … | Financial Times: |
Saudi Arabia launches Humain, a multibillion-dollar AI company chaired by Crown Prince Mohammed bin Salman, the main vehicle to drive the kingdom's AI strategy — Riyadh's latest multibillion-dollar push will bring new focus to Crown Prince Mohammed bin Salman's tech ambitions
More: Reuters
| Anton Shilov / Tom's Hardware: |
Sen. Tom Cotton introduces a bill to mandate AI chip makers to include geo-tracking tech to comply with export rules, taking effect six months from its passing — Senator Tom Cotton's legislation seeks to “prevent advanced American chips from falling into the hands of adversaries like Communist China.”| 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
| Reuters: |
Chinese government data: Chinese shipments of foreign-branded cellphones, including iPhones, dropped by 49.6% YoY to 1.887M units in March 2025 — Chinese shipments of foreign-branded cellphones, including Apple Inc's (AAPL.O) iPhones, dropped by 49.6% year on year in March …
More: BusinessLIVE, Profit, and Tech in Asia
| Steven Scheer / Reuters: |
Tel-Aviv based quantum computing startup Classiq raised a $110M Series C led by Entree Capital, taking its total funding since its 2020 founding to $173M — Israeli quantum computing startup Classiq has raised $110 million in a mid-stage private funding round, it said on Monday, bringing its total fundraising to $173 million.
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