| Qianer Liu / The Information: |
Sources: Intel and TSMC have reached a preliminary agreement for a joint venture to operate Intel's chipmaking facilities, with TSMC taking a 20% stake — Intel's financial crisis may be over—with support from its biggest rival. — Executives from Intel and Taiwan Semiconductor Manufacturing … | Kif Leswing / CNBC: |
Tech stocks fall after President Trump announced new global tariffs: Amazon closed down 9%, Meta 9%, Nvidia 7.8%, Alphabet 3.9%, and Microsoft 2.4% — Apple slid more than 6% in late trading Wednesday and led a broader decline in tech stocks after President Donald Trump announced new tariffs of between 10% and 49% on imported goods.| Tripp Mickle / New York Times: |
Apple shares drop 9.3% after President Trump announced new tariffs, including 46% on Vietnam and 26% on India, where Apple has been moving production from China — The iPhone maker spent years trying to move production of some products out of China to avoid tariffs. But now that may not matter.| Dominic Preston / The Verge: |
| Bloomberg: |
| Spencer Soper / Bloomberg: |
| Adam Satariano / New York Times: |
Sources: the EU is preparing penalties against X for breaking the DSA, including demands for product changes and a fine that a source says could surpass $1B — European regulators are considering fining X more than $1 billion, after weighing the risks of further antagonizing Mr. Musk and President Trump.| Ryan Weeks / Bloomberg: |
President Trump's tariffs are set to disrupt the Bitcoin mining sector, as many of the largest miners are based in the US and the supply chain is rooted in Asia — Lauren Lin is in a hurry. She has less than 48 hours to ship about 5,600 Bitcoin mining machines from Thailand to the US … | Tanaya Macheel / CNBC: |
Bitcoin fell ~5% to ~$81K, ether dropped 7%, and Solana fell 13% after President Trump unveiled new tariffs; Coinbase's and MicroStrategy's shares are down 6%+ — Bitcoin and other cryptocurrencies were under pressure Thursday after President Donald Trump's big tariffs reveal jolted the stock market.| Bloomberg: |
Sources: Microsoft has halted talks for, or delayed development of, data center projects in Indonesia, the UK, Australia, Illinois, North Dakota, and Wisconsin — The software company has recently halted talks for, or delayed development of, sites in Indonesia, the UK, Australia, Illinois … | Jake Bleiberg / Bloomberg: |
Sources: Oracle told some clients this week that hackers stole old login credentials, the second breach that Oracle acknowledged to clients in the past month — - FBI investigating the breach, software company told clients — Oracle informed health-care customers of separate March hack| Matthias Bastian / The Decoder: |
Google DeepMind outlines its approach to AGI safety in four key areas of risk: misuse, misalignment, mistakes, and structural risks, focusing on the first two — Google Deepmind has published a comprehensive strategy paper detailing its approach to developing safe artificial general intelligence (AGI).| Jay Peters / The Verge: |
Nvidia says its custom processor for Nintendo's Switch 2 has “dedicated RT Cores and Tensor Cores,” enabling DLSS support and real-time ray tracing on Switch 2 — Nintendo hasn't revealed the full Switch 2 specs, but Nvidia is providing a few more details about the power of this new console.| Umar Shakir / The Verge: |
Microsoft releases its $350 enterprise Windows 365 Link mini PC in the US, Canada, the UK, Germany, and other countries, after unveiling it in November 2024 — The $350 thin client-like device lets you connect to a Windows machine running on the cloud.| Emma Roth / The Verge: |
Amazon is testing a Buy for Me button powered by agentic AI that will let users purchase products from third-party websites without leaving Amazon's app — Amazon wants to use agentic AI to provide third-party websites with your payment information and shipping details.| Kyle Wiggers / TechCrunch: |
OpenAI says 130M+ ChatGPT users have generated 700M+ images since the feature's March 25 launch, and India is now the fastest-growing ChatGPT market — OpenAI's new image-generation feature is on track to be one of the company's most popular product launches ever.| Sarah Perez / TechCrunch: |
A researcher says changes in X's web app show X plans to let Verified Organizations bid on abandoned X handles with prices ranging from $10,000 to $500,000+ — X's plan to boost revenue by selling off dormant usernames on its service is starting to shape up.| Jessica Testa / New York Times: |
Spotify debuts new ad tools, including an AI tool in the US and Canada that generates scripts and voiceovers, and pitches itself to advertisers as “nutritional” — After finally achieving profitability, the streaming platform wants to be a healthy alternative to “doom scrolling.”| Taylor Lorenz / User Mag: |
YouTube quietly removed “gender identity” from its hate speech policy after Trump took office; Google says enforcement of the policy remains unchanged — TariffTokers, Gen Z's ‘it couple’, Easter potatoes, anti-MAGA hats, Zuck's D.C. mansion, Amazon's TikTok bid, Silicon Valley's cupid … | Bloomberg: |
AI video startup Runway raised $308M led by General Atlantic, sources say at a $3B+ valuation, and plans to hire more filmmakers, screenwriters, and others — The deal, which is set to be announced Thursday, pushes Runway's value to just over $3 billion, according to people familiar … | Andrew Webster / The Verge: |
Nintendo Switch 2 hands-on: larger than the Switch but not uncomfortable, flagship games show off the system well, and the Joy-Con's mouse-like mode is precise — The value proposition of the Nintendo Switch 2 may seem pretty clear, but it's much more obvious when you use one.
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| Samuel Stolton / Bloomberg: |
| Financial Times: |