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May 12, 2025, 9:30 AM
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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, Engadget, Tom's Hardware, The Information, BBC, TechCrunch, NBC News, MarketWatch, Financial Times, New York Times, PC Gamer, Blockchain News, Wall Street Journal, Semafor, Reuters, WinBuzzer, The Verge, Arabian Business, CoinGape, crypto.news, CoinDesk, Crypto Briefing, The Times, Bloomberg, Disruption Banking, and The Sun
Bluesky: @beyerstein, @kagrox, @karlkuszaj, @dandrezner, @abenewman, @nathansnewman, @drodrik, @judah-grunstein, @joshtpm, @katjabego, @emoltzen, @hern, @wiseacre.me, @chasecarter, and @paularmstrongtbd
X: @whitehouse, @meiselasb, @thestalwart, @josephpolitano, @jamessurowiecki, @hblodget, @grummz, @mrmbrown, @nicknotned, @dgt10011, @javierblas, @faisalislam, @spoxchninus, @jingjing_li, @henrysgao, @joristeer, @justinwolfers, @henrysgao, @henrysgao, @chenweihua, @vtg2, @edwardlawrence, @freightalley, @rajakorman, @chenweihua, @josh_wingrove, @onlyyoontv, @geringtuvia, @trumpdailyposts, @thestalwart, @thestalwart, @thestalwart, and @elerianm
| 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, Financial Express, AppleInsider, 9to5Mac, TechCrunch, BNN Bloomberg, The Economic Times, Washington Post, Reuters, PhoneArena, Bloomberg, Android Authority, City A.M., Gulf News, Barron's Online, Digital Trends, 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, Fortune, Reuters, Tech Monitor, GeekWire, Barron's Online, TechCrunch, The Paypers, PhoneArena, Proactive, Tech in Asia, Livemint, SiliconANGLE, Chamath Palihapitiya, The Rundown AI, The Crypto Times, Business Today, Profit, 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.| 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.| Reuters: |
Chinese government data: Chinese shipments of foreign-branded cellphones, including iPhones, dropped by 49.6% YoY to 1.887M 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
| 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: Bloomberg, Cryptopolitan, Rest of World, and Axios
| 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
| 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.
More: CTech, SiliconANGLE, FinSMEs, Classiq, The Quantum Insider, and Tech Funding News
| 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 … | 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.| Tage Kene-Okafor / TechCrunch: |
Cairo-based Nawy, Africa's largest proptech platform combining listings with brokerage services, raised a $52M Series A led by Partech Africa — For decades, buying property in Egypt meant navigating a fragmented real estate market, relying on personal networks, dealing with commission-driven brokers …
More: WeeTracker and Tech in Asia
| Will Knight / Wired: |
Singapore unveils a blueprint for global collaboration on AI safety, developed in consensus with researchers and experts from the US, China, and other countries — In a rare moment of global consensus, AI researchers from the US, Europe, and Asia came together in Singapore to form a plan for researching AI risks.
More: Blockchain.News, The Singapore Consensus …, and OpenGov Asia
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Baseten's CEO on why every company will want to own its AI
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