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Tech stocks teetered in volatile trading on April 7: AAPL closed down 3.67% and MSFT closed down 0.55%, while Alphabet, Amazon, Meta, and Nvidia closed up — Technology stocks teetered in volatile trading Monday as President Donald Trump stood by his sweeping global tariff plans following last week's devastating sell-off.| 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 … | Ben Berkowitz / Axios: |
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Sources: Apple aims to send more iPhones to US from India, given new tariffs on China, but sees the situation as too uncertain to upend supply chain investments — Apple plans to send more iPhones to the U.S. from India to offset the high cost of China tariffs, people familiar with the matter said.| Times of India: |
Officials: Apple sent five planes full of iPhones and other products from India to the US in just three days in the last week of March to avoid the 10% tariff — Apple transported five plane full of iPhones and other products from India to the US in just three days during the final week of March … | Kyle Wiggers / TechCrunch: |
Meta VP of generative AI Ahmad Al-Dahle denies a rumor that the company trained its Llama 4 models on test sets, saying Meta “would never do that” — A Meta exec on Monday denied a rumor that the company trained its new AI models to present well on specific benchmarks while concealing the models' weaknesses.| Logan Plant / IGN: |
Q&A with Nintendo of America VP of Product Bill Trinen on pricing first-party games like Mario Kart World at $80, Joy-Con 2 and using it as a mouse, and more — On price, mouse controls, and a lot more. … Nintendo has finally pulled back the curtain on Nintendo Switch 2 … | Megan Farokhmanesh / Wired: |
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Framework stops selling its six lowest-priced laptops in the US, saying those models would sell at a loss due to tariffs that went into effect on April 5 — Framework—a company that makes upgradeable and repairable laptops—has said it will pause sales on several versions of one of its models in America thanks to Trump's tariffs.| Sam Tobin / Reuters: |
Filing: the UK Investigatory Powers Tribunal confirms Apple is appealing against a UK order to create an encryption backdoor, 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 … | Annie Palmer / CNBC: |
In a memo to staff Shopify's CEO says using AI is now a baseline expectation and that teams asking for more resources must first show why AI can't do the job — Shopify CEO Tobi Lutke is changing his company's approach to hiring in the age of artificial intelligence.| Nico Grant / New York Times: |
Memo: Google tells staff they can discuss the DOJ's antitrust case, rescinding an earlier command, as part of a settlement with the Alphabet Workers Union — The Silicon Valley giant had ordered employees to stay silent on the landmark case before reaching a settlement with a workers' union over the issue.| Ryan Whitwam / Ars Technica: |
Google Search's AI Mode feature, rolled out to millions more in the US, now gains multimodal capabilities, letting users ask complex questions about pictures — Google started cramming AI features into search in 2024, but last month marked an escalation. With the release of AI Mode … | Vallari Srivastava / Reuters: |
Infineon agrees to acquire Marvell's Automotive Ethernet business for ~$2.5B in cash; the unit is expected to generate revenue of $225M to $250M in FY 2026 — German chipmaker Infineon Technologies (IFXGn.DE) said on Monday it would buy Marvell Technology's (MRVL.O) automotive ethernet business … | 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 …
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| Jaspreet Singh / Reuters: |
| Jordan Novet / CNBC: |
| Will Knight / Wired: |