Techmeme
April 7, 2025, 10:16 AM

Top News

Vlad Savov / Bloomberg:
Nintendo's and Sony's stocks closed down 7.85% and 10.04% on April 7 amid a Japan selloff driven by US tariffs; most Switches are assembled in China and Vietnam  —  Nintendo, fresh off the announcement of its pivotal next-generation Switch 2 console, is particularly vulnerable …
David Yaffe-Bellany / New York Times:
Bitcoin is down 10%+ to ~$76K after President Trump's global tariffs, far below its record price of nearly $110K on Trump's inauguration on January 20, 2025  —  The rapid drop shows that cryptocurrencies, which the president has promoted, are subject to the same market gyrations as any other risky asset.
Megan Farokhmanesh / Wired:
Nintendo of America President Doug Bowser says the company is “actively assessing” the impact of US tariffs, and they “weren't factored into” Switch 2 pricing  —  Nintendo of America president Doug Bowser tells WIRED the company is still figuring out how to address tariffs …
Reuters:
Sam Tobin / Reuters:
Filing: the UK Investigatory Powers Tribunal confirms Apple is appealing against a UK order to create an encryption “back door”, and says the case can be public  —  Apple (AAPL.O) is appealing against a British government order to create a “back door” to its encrypted cloud storage systems …
The Information:
Sources: in recent weeks, OpenAI discussed acquiring io Products, a startup Sam Altman has been working on with Jony Ive to develop an AI device, for $500M+  —  OpenAI in recent weeks discussed acquiring a startup its CEO Sam Altman has been working on with ex-Apple designer Jony Ive's studio …
Mathieu Pollet / Politico:
Huawei says it “terminated the employment of two individuals” on April 1 and suspended a third on April 2 for their alleged involvement in EU political bribery  —  BRUSSELS — Huawei has fired two employees and suspended a third for their alleged involvement in a bribery investigation surrounding …
Rachel Metz / Bloomberg:
Source: AI coding startup Cursor, which has helped permeate “vibe coding”, hit 1M+ DAUs in March 2025, driven largely by word-of-mouth growth  —  Word-of-mouth growth has helped turn a 60-person startup into one of the early hits of the generative AI era.

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More News

Mayank Parmar / BleepingComputer:

Earlier Picks

Brendan Bordelon / Politico:
Mark Gurman / Bloomberg:
Tom Warren / The Verge: