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May 24, 2025, 3:05 AM
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| Jesse Pound / CNBC: |
Trump says a 25%+ tariff “must be paid by Apple” on iPhones not made in the US, and he told Tim Cook long ago that iPhones sold in the US must be made in the US — President Donald Trump said in a social media post Friday that Apple will have to pay a tariff of 25% or more for iPhones made outside the United States.
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Bluesky: @tomcoates, @quillmatiq.com, @ericfoltz, @craigipedia, @tomcoates, @petertl, @timeforchange, and @mrsdeborahlynn. Truth Social: @realDonaldTrump …. Mastodon: @cafechatnoir@mastodon.social
X: @mingchikuo, @truthtrumpposts, @mingchikuo, @pitdesi, @spencerhakimian, @atabarrok, @devahaz, @rolfewinkler, @markgurman, @zacksjerryrig, @pkafka, @rakeshsfnyc, @atrupar, @tomwarren, and @mgsiegler
Forums: r/technology, r/qualitynews, r/finance, r/NewsOfTheStupid, r/Economics, r/politics, r/facepalm, r/technology, r/iphone, r/politics, r/ukpolitics, r/LeopardsAteMyFace, r/apple, r/centrist, r/iphone, r/WallStreetbetsELITE, r/DailyTechNewsShow, r/politics, r/apple, Ars OpenForum, and MacRumors Forums
| Bloomberg: |
President Trump says that the tariffs he has threatened against Apple would also be aimed at “Samsung and anybody that makes that product” — “It would be more,” Trump said when asked at the White House whether his tariff threat would only apply to Apple.
More: The Hill, Politico, MarketWatch, MacDailyNews, Financial Times, The Economic Times, News18, CGTN, Cult of Mac, Wall Street Journal, Reuters, Axios, 9to5Google, Tech in Asia, iDrop News, Newser, SammyGuru, Korea Joongang Daily, The Verge, Engadget, from Kiplinger in, SamMobile, ProtoThema English, USA Today, Times of India, Yahoo Finance, New York Times, CNBC, Tech.co, Phone Scoop, Washington Examiner, HotHardware, crypto.news, Apple Must, PYMNTS.com, The Block, The Post Millennial, CNN, Android Authority, Air Cargo News, CBS News, Decrypt, Proactive, Washington Post, Euractiv, Fox Business, FXStreet, ABC7, The Independent, and NPR
X: @acyn, @zerohedge, @spencerhakimian, @jefftimmer, @zerohedge, and @darrigomelanie. Forums: r/technology
| Financial Times: |
Sources: Oracle will spend ~$40B on ~400,000 Nvidia GB200 chips and lease them to OpenAI at its 1.2GW Texas data center, billed as the first US Stargate project — The 1.2 gigawatts infrastructure project will be one of the largest in the world — Roula Khalaf, Editor of the FT …
More: Reuters, PYMNTS.com, ZeroHedge News, SiliconANGLE, TipRanks Financial, WebProNews, and Wall Street Pit
Bluesky: @edzitron.com and @edzitron.com
| Bloomberg: |
Sources: Salesforce is in talks to acquire cloud data management company Informatica, reviving discussions that stalled in 2024; INFA closes up 17.45% — If a deal is reached, it could be announced as soon as next week, according to the people, who asked to not be identified because the discussions are private.
More: Reuters, MarketWatch, SiliconANGLE, The Information, and Barron's Online. LinkedIn: Brody Ford
| Wall Street Journal: |
Sources: Tim Cook called Texas Governor Greg Abbott last week urging a veto or changes to a bill that would require Apple to verify users' ages on its devices — Apple's CEO called Greg Abbott after law passed requiring app stores to verify user ages — Apple stepped up efforts in recent weeks …
More: 9to5Mac, The Independent, NewsMax.com, Michael Tsai, PhoneArena, The Mac Observer, Yahoo Finance, The Verge, New York Post, Philip Elmer‑DeWitt, iPhone in Canada, AppleInsider, and MacTech.com
Bluesky: @peark.es. Threads: @documentingmeta. X: @amrithramkumar, @meghanbobrowsky, @zerohedge, @schilling1776, @taylorlorenz, and @zamaan_qureshi
Forums: r/technology and r/apple
| Kylie Robison / Wired: |
A look at Anthropic's first developer conference, where CPO Mike Krieger said 70%+ of Anthropic's code pull requests are now written by their AI model Claude — Anthropic CEO Dario Amodei said everything human workers do now will eventually be done by AI systems.
More: ZDNET, Business Insider, and Inc
Bluesky: @edzitron.com, @kylierobison.com, @karlbode.com, and @stevekovach
X: @kyliebytes, @kyliebytes, @kylebrussell, and @alexalbert__
| Financial Times: |
Sources: Builder.ai collapsed after it revised its 2024 revenue estimate from $220M to ~$55M and restated its previously reported 2023 sales from $180M to ~$45M — Failed UK start-up revised down revenues to just a quarter of prior estimates — Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Bluesky: @higgins.games, @edzitron.com, and @edzitron.com. Mastodon: @GossiTheDog@cyberplace.social
LinkedIn: Robert Smith, Mike Stevens, and Ray Wyand
| New York Times: |
Q&A with Demis Hassabis about how Google I/O became the Gemini show, Google getting “AGI-pilled”, Project Astra, Sergey Brin's shorter AGI timelines, and more — A few years ago, most Google executives didn't talk about A.G.I. — artificial general intelligence, the industry term for a human-level A.I. system.
More: Benzinga and Blockchain.News
Bluesky: @dell. X: @sama, @vitrupo, @modestproposal1, @modestproposal1, @demishassabis, and @officiallogank
| Joseph Menn / Washington Post: |
Experts say some Trump officials' plans to amp up cyberattacks against China would risk retaliation the US is increasingly unprepared for amid budget cuts — Some Trump administration officials want to hit back at China for its hacks on U.S. infrastructure — a risky strategy, experts say, amid budget reductions.| Nilay Patel / The Verge: |
Q&A with Uber CEO Dara Khosrowshahi on the trade-offs with Route Share, Uber's business structure, autonomous vehicles, working with fleet operators, and more — Today, I'm talking with Uber CEO Dara Khosrowshahi. We recorded this conversation the day Uber announced a big set of product updates …
Bluesky: @edzitron.com, @martinsfp, @marypcbuk, and @reckless
| Phoebe Liu / Forbes: |
Metaverse startup Infinite Reality, which claims a $15B+ valuation, told shareholders it is rebranding as Napster, an “AI-powered digital experiences” provider — Florida-based metaverse startup Infinite Reality, which claimed to have raised one of this year's largest funding rounds … | Dan Gallagher / Wall Street Journal: |
A look at the rise of “sovereign AI”, wherein countries invest directly in chip companies like Nvidia and AMD, making AI chips a highly politicized business — As Nvidia and others strike deals with sovereign nations, their business will become politicized as never before| Daniel Kuhn / The Block: |
Polygon cofounder Mihailo Bjelic steps down from the project's development studio, Polygon Labs, and from the foundation board, marking the third founder exit — - Mihailo Bjelic is stepping back from his active role developing Polygon and from the foundation's board, according to an announcement on Friday.
More: crypto.news, CoinGape, Cointelegraph, and Cryptopolitan
| Ryan Barwick / Axios: |
Utah-based Awardco, which makes HR software that helps AT&T, Adobe, and other clients manage employee rewards, raised a $165M Series B at an over $1B valuation — Awardco announced Tuesday it has raised a $165 million Series B, valuing the employee rewards platform at more than $1 billion.| Reuters: |
Thoma Bravo-backed Nearmap agrees to acquire property and casualty insurance tech provider itel from PE firm GTCR, a source says for over $1.3B, including debt — Thoma Bravo-backed Nearmap has agreed to buy insurance technology provider itel from private equity firm GTCR …
More: Nearmap, Life Insurance International, Tech in Asia, and Bloomberg Law
| Emma Roth / The Verge: |
CEO Anil Dash says Glitch will stop hosting projects and close user profiles on July 8; Glitch launched in March 2017, and Fastly acquired it in May 2022 — The collaborative coding platform will no longer host projects starting July 8th. … Glitch, the coding platform where developers …
More: Glitch Blog, Tech in Asia, and The Register
Bluesky: @schul.dev, @fionawh.im, @pomdtr.me, @kylebrussell, @kylebrussell, @taggart-tech.com, @jos1264.social …, @waxy.org, @pvh.ca, and @anildash.com
Forums: Hacker News and Slashdot
| Katie Roof / Bloomberg: |
CB Insights: OpenAI's acquisition of Jony Ive's io for $6.5B sets a new record for venture-backed acquisition by a private buyer — More venture-backed companies are making significant acquisitions. — Venture-backed startups are staying private for longer — and growing so much bigger … | Bloomberg: |
Sources: CommScope is exploring a sale of its broadband connectivity and cable arm CCS for up to $10B, seeking to unload assets to repay debt — The company is working with an adviser to gauge buyer interest in the business, known as CCS, said the people, who asked not to be identified discussing confidential information.
More: Insider Monkey and Reuters
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