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Techmeme
April 5, 2025, 1:25 PM
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Top News

Fareed Sahloul / Bloomberg:
Sources: StubHub, Klarna, eToro, and adtech group MNTN have paused their IPO plans as President Trump's trade war upends the global economy and public markets  —  Billions of dollars worth of acquisitions and initial public offerings are on hold as Donald Trump's trade war upends the global economy …
Emanuel Maiberg / 404 Media:
In backing Trump, effective accelerationists like Musk and Andreessen got a “Decel-in-Chief”, who instigated a brain drain and tariffs that hurt tech companies  —  In October of 2023, Marc Andreessen, founder of the Silicon Valley venture capital firm Andreessen Horowitz (a16z) …
Todd Spangler / Variety:
The Nasdaq fell 5.8% on the second day following Trump's tariffs announcement, with Nvidia closing down 7.4%, Apple 7.3%, Netflix 6.7%, Meta 5%, and Amazon 4.2%
Amanda Silberling / TechCrunch:
Joel Kaplan says Meta's US fact-checking program will be over by Monday, and Community Notes will start appearing on Facebook, Threads, and Instagram  —  Meta will no longer have any fact-checkers in the U.S. come Monday, according to chief global affairs officer Joel Kaplan.
Aisha Malik / TechCrunch:
Amazon debuts a Kindle Recaps feature that uses generative AI and moderators to create short recaps of books in a series “that accurately reflect book content”  —  Amazon is introducing a new “Recaps” feature for Kindle users to help them recall plot points and character arcs before picking up the latest book in a series.
Harry Alston / TheGamer:
Schedule 1, a drug-dealing simulator made by a single developer, tops Steam charts with an estimated 2M+ copies sold after going viral on streams and TikTok  —  I keep my eyes on new game releases because I have to: it's a part of my job.  For those who are a bit more casual when it comes to playing games …
Ashley Belanger / Ars Technica:
New Jersey's governor signs a law criminalizing creating and sharing “deceptive and dangerous deepfakes”, like fake AI nudes of minors, with up to a $30K fine  —  When Francesca Mani was 14 years old, boys at her New Jersey high school used nudify apps to target her and other girls.
Reuters:
Sources: a TikTok US deal, which was largely finalized by April 2, was put on hold after China indicated it would reject the deal over President Trump's tariffs  —  A deal to spin off the U.S. assets of TikTok was put on hold after China indicated that it would not approve …
Jonathan Vanian / CNBC:
Trump says he signed an executive order to keep TikTok running for 75 more days, as “the deal requires more work to ensure all necessary approvals are signed”

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From Mediagazer

Rajeev Syal / The Guardian:
A UK jury convicts two Iranians of assisting Iranian intelligence in a plan to “eliminate” journalists at London-based Persian broadcaster Iran International

Ashley Carman / Bloomberg:
Bill Simmons and Spotify canceled a ChatGPT partnership after audience backlash; Ringer hosts Sean Fennessey and Amanda Dobbins had voiced unease on air

Brian Steinberg / Variety:
Source: NBC News will stop airing one hour of primetime programming on the NBC News Now streaming service, eliminating the Stay Tuned show and a handful of jobs

More News

RT Watson / The Block:
The US SEC says that “covered” US dollar stablecoins like USDT and USDC are not securities, and those minting or redeeming them do not need to register with it

Earlier Picks

Dominic Preston / The Verge:
Microsoft Copilot adds support for memory, personalization, web-based actions, podcast creation, camera and screen analysis, deep research, and more
Tom Warren / The Verge:
On Microsoft's 50th anniversary, company executives reflect on its history and how it responds to challenges, experiments with software and hardware, and adapts
Emma Roth / The Verge:
Nintendo delays Switch 2 preorders, which were set to start on April 9, “to assess the potential impact” of Trump's tariffs; the June 5 launch date is unchanged
Kyle Wiggers / TechCrunch:
Sam Altman says OpenAI plans to release o3 and o4-mini “after all”, followed by GPT-5 “in a few months”, citing challenges to “smoothly integrate everything”
Kyle Wiggers / TechCrunch:
Midjourney debuts V7 in alpha, its first new AI image model in nearly a year with a “totally different architecture”, a week after OpenAI's new image generator
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