| Megan Farokhmanesh / Wired: |
Nintendo of America President Doug Bowser says the company is “actively assessing” the impact of US tariffs, which “weren't factored into” its Switch 2 pricing — Nintendo of America president Doug Bowser tells WIRED the company is still figuring out how to address tariffs … | Samantha Subin / CNBC: |
US tech stocks fall for a third session after US tariffs: Apple, Tesla, Meta, Amazon, Microsoft, and Alphabet drop; an X post caused stocks to jump temporarily — Technology stocks teetered in volatile trading Monday as President Donald Trump stood by his sweeping global tariff plans following last week's devastating selloff.| 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: |
President Trump posts that the US will impose additional tariffs on China of 50%, effective April 9, unless China withdraws its 34% retaliatory tariffs — President Trump on Monday threatened to impose an extra 50% tariff on China, but opened the door to talks with other nations on a path to lowering their tariffs.| 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 … | 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.| Reuters: |
| 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 … | 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 … | Will Knight / Wired: |
Stanford's 2025 AI index: China files more AI patents than the US, but US companies produced 40 frontier models, compared to 15 from China and three from Europe — New research from Stanford suggests artificial intelligence isn't ruled by just OpenAI and Google, as competition increases across the US, China, and France.| Jordan Novet / CNBC: |
Microsoft AI CEO Mustafa Suleyman says an “off-frontier” strategy of building models “three or six months behind” cuts costs and helps focus on some use cases — Microsoft owns lots of Nvidia graphics processing units, but it isn't using them to develop state-of-the-art artificial intelligence models.| Reuters: |
Chinese outlet Caijing: Microsoft's joint venture Wicresoft will cease China operations on April 8, cutting ~2,000, after ending outsourced post-sales support — Microsoft's (MSFT.O) joint venture Wicresoft will cease its China operations from Tuesday, a move that will lead to the layoff … | Dan Primack / Axios: |
Sources: the board of directors of clothing inventory monetization startup CaaStle let its CEO remain after fraud allegations and took months to warn investors — The most stunning part of the CaaStle fraud allegations isn't that a huckster CEO burned through $530 million …
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| Philip Stafford / Financial Times: |
| Jon Ungoed-Thomas / The Guardian: |
| Mayank Parmar / BleepingComputer: |
| Brendan Bordelon / Politico: |