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May 12, 2025, 7:25 PM
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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, CNBC, New York Times, Tom's Hardware, The White House, 9to5Mac, AppleInsider, Gizmodo, The Verge, BBC, PC Gamer, Reuters, Quartz, MobileSyrup, The Irish Times, City A.M., The Independent, CBS News, Ars Technica, Cryptopolitan, Financial Times, New York Times, Wall Street Journal, The Information, Semafor, TechCrunch, Capital Economics, Crypto Briefing, New Republic, gCaptain, Boston Herald, CoinDesk, Bloomberg, The Times, Foreign Policy, Disruption Banking, and The Sun
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LinkedIn: Kwaku Otchere and George Minakakis
Forums: r/NintendoSwitch2, r/politics, r/hardware, r/Aliexpress, r/technology, r/centrist, r/Economics, r/moderatepolitics, r/unusual_whales, r/Economics, r/Sino, r/neoliberal, r/Republican, r/wallstreet, r/centrist, r/FashionReps, r/Follow_Smartmoney, r/AMD_Stock, r/moderatepolitics, r/China, r/KanagawaWave, and r/wallstreetbets
Axios:
The White House says a 120% tariff rate on shipments from China valued under $800, or a flat $100 fee per postal item, will remain, in a blow to Shein and Temu  —  Small packages from China are still subject to tariffs of 120%, a White House official confirmed Monday …
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
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 …
Mark Gurman / Bloomberg:
Sources: Apple is planning an AI-powered battery management mode for iOS 19 that analyzes how a person uses their phone and makes adjustments to conserve energy  —  Apple Inc. is planning to use artificial intelligence technology to address a frequent source of customer frustration: the iPhone's battery life.
Ari Levy / CNBC:
Coinbase will join the S&P 500, replacing Discover Financial Services, effective before trading on May 19; COIN jumps 7%+ after hours  —  Coinbase is joining the S&P 500, replacing Discover Financial Services in the benchmark index, according to a release on Monday.
Abner Li / 9to5Google:
Google is updating its “G” icon for the first time in 10 years, with its four colors now blending together on a gradient  —  Following the last update nearly 10 years ago, Google is updating its iconic ‘G’ icon.  —  On September 1, 2015, Google significantly updated its logo …
Berber Jin / Wall Street Journal:
Sources: Perplexity is in advanced talks to raise $500M led by Accel in a round that values it at $14B, up from $9B in November 2024  —  Artificial-intelligence search company is raising $500 million  —  Perplexity is in advanced talks to raise $500 million in a round that values it at $14 billion …
Ateev Bhandari / Reuters:
American Bitcoin, a bitcoin miner backed by Donald Trump Jr. and Eric Trump, said it will list on the Nasdaq via an all-stock merger with Gryphon Digital Mining  —  American Bitcoin, a new bitcoin miner backed by U.S. President Donald Trump's two eldest sons, said on Monday it will list …
Kirsten Korosec / TechCrunch:
GM names Aurora co-founder and CPO Sterling Anderson as VP of global product and chief product officer, a newly created position at GM, starting on June 2  —  General Motors has turned to Sterling Anderson, a veteran of the autonomous vehicle industry, to oversee its entire product line …
New York Times:
The Trump administration appears more interested than Biden's was in striking AI chip deals in the Middle East, where Trump has deep financial and business ties

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From Mediagazer

Ted Johnson / Deadline:
A new filing from Nexstar in the DirecTV lawsuit says the existing restraining order freezing the Nexstar-Tegna merger could jeopardize assets of both companies

Minho Kim / New York Times:
A US appeals court pauses a lower-court order that would have reinstated around 1,000 Voice of America journalists and staff who had been put on paid leave

New York Times:
Sources: an Iranian-aligned militia in Iraq is seeking the release of several detained militia members in exchange for freeing journalist Shelly Kittleson

More News

Emma Roth / The Verge:
Ticketmaster announces it will now show the full price of your ticket up front, ahead of the FTC's ban on junk fees, which goes into effect on May 12
Alex Weprin / The Hollywood Reporter:
Amazon says the ad tier of Prime Video now reaches 130M+ US customers and it plans AI-powered tools for advertisers on Amazon including contextual ad copy
Anton Shilov / Tom's Hardware:
Senator Tom Cotton introduces a bill to mandate that AI chip makers use geo-tracking tech to comply with export rules, taking effect six months after it passes

Earlier Picks

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
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