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April 11, 2025, 9:40 AM
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Top News

Samantha Subin / CNBC:
The Nasdaq closed down 4% on April 10, with Meta down 7%, Nvidia down 6%, Amazon down 5%, and Apple down 4%, after the US confirmed tariffs on China total 145%  —  Technology stocks plummeted Thursday and the Nasdaq Composite dropped 4% on the heels of its record-setting session.
Financial Times:
The EC president says the EU won't revisit “untouchable” rules like the DMA and may tax digital ad revenue, hitting Meta and Google, if US talks fail  —  European Commission president tells FT she wants ‘balanced’ deal but could hit US services in retaliation
Mark Gurman / Bloomberg:
Apple is unlikely to move iPhone production to the US anytime soon due to a lack of facilities, skilled labor, and established supply chains like Asia's  —  For US President Donald Trump, there would be few bigger victories than having a domestically produced version of the iPhone, one of the most popular tech products in history.
Jay Peters / The Verge:
Microsoft is rolling out a preview of its Recall AI feature to Copilot+ PCs, after previously delaying its launch twice over security and privacy concerns  —  The long-delayed feature will begin gradually rolling out to Windows Insiders. … This new rollout could indicate that Microsoft …
Wayne Ma / The Information:
A look at the personalities, execution problems, and poor leadership behind Apple's Siri failure; John Giannandrea's AI/ML group was dubbed “AIMLess” internally
Charles Rollet / TechCrunch:
The DOJ charges AI shopping app Nate's ex-CEO, Albert Saniger, with fraud, alleging the app relies heavily on workers in the Philippines; Nate had raised $50M+  —  Albert Saniger, the founder and former CEO of Nate, an AI shopping app that promised a “universal” checkout experience …
Reuters:
The cybersecurity industry is quiet after Trump canceled SentinelOne's security clearances on April 9 for hiring Chris Krebs; SentinelOne says it will cooperate  —  The cybersecurity industry has gone mostly quiet after President Donald Trump took action against one of its prominent members.
Erin Woo / The Information:
Source: Google laid off hundreds of employees in its platforms and devices unit, which works on Android, Pixel, and Chrome, after offering buyouts in January  —  Google on Thursday laid off hundreds of employees in its platforms and devices unit, which works on Android software …
Catherine McGrath / Fortune:
Bermuda-based Meanwhile, which offers life insurance to US citizens with BTC holdings, raised a $40M Series A led by Framework and Fulgur at a $190M valuation  —  Zac Townsend, co-founder and CEO of crypto insurance company Meanwhile, believes there is a pool of crypto enthusiasts who want to pay …
Caroline O'Donovan / Washington Post:
American small-business owners who source goods from overseas, especially from China, and sell them online, face acute uncertainty about the tariffs' impact  —  Small businesses that depend on overseas suppliers have endured a week of stressful uncertainty.
Maxwell Zeff / TechCrunch:
OpenAI rolls out a ChatGPT memory feature that references past chats for answers, starting with ChatGPT Pro and Plus subscribers, but not in the UK and the EEA  —  OpenAI announced on Thursday that it's starting to roll out a new memory feature in ChatGPT that allows the chatbot to tailor …
Vikki Blake / GamesIndustry.biz:
The UK's home secretary criticizes Steam for hosting No Mercy, a game with sexual violence, rape, and incest; Steam removed it in the UK, Australia, and Canada  —  UPDATE: The game has been removed from Steam in the UK, Australia, and Canada  —  CW: This story contains references …
Jesse Hamilton / CoinDesk:
Trump signs a bill repealing IRS rules that treat DeFi platforms as brokers and require them to report user data, the first pro-crypto effort to clear Congress  —  The successful reversal of the Internal Revenue Service rule marks the first time the industry got a significant pro-crypto effort through Congress.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:40 AM ET, April 11, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

New York Times:
Sources: WBD staff are bracing for widespread layoffs as David Ellison wants $6B in “synergies”; the internal mood is grim as staff preferred Netflix's proposal

CNN:
CNN employees and viewers have serious concerns about whether Ellison will uphold CNN's editorial independence amid severe political pressure

Henry Dyer / The Guardian:
UK minister Josh Simons resigns over allegations that a think tank he led has probed some journalists and falsely linked them to a “pro-Kremlin” network

More News

Hadlee Simons / Android Authority:
Oppo launches the Find X8 Ultra in China, with a 6.82" OLED, a Snapdragon 8 Elite, a 6,100mAh battery, four rear cameras, and 100W charging, starting at ~$890
Sharon Goldman / Fortune:
Some Meta insiders fear FAIR is “dying a slow death” as Joelle Pineau exits in May; Yann LeCun says it's “a new beginning” for “Advanced Machine Intelligence”
Dustin Volz / Wall Street Journal:
Sources: Chinese officials acknowledged in a secret December 2024 meeting that China was behind the Volt Typhoon hacks, tying them to the US' support for Taiwan

Earlier Picks

Ivan Mehta / TechCrunch:
Canva debuts Canva AI, which lets users generate images, design ideas, and documents, and Canva Code, for creating mini apps that can be integrated in designs
Matt Horne / Android Authority:
OnePlus launches the OnePlus Watch 3 in the US after pulling it to fix the “Meda in China” typo, but for $500, up from the $330 OnePlus had previously announced
Arsheeya Bajwa / Reuters:
Google says it will give US federal agencies a 71% discount for Workspace, trying to capitalize on the Trump administration's cost cutting and counter Microsoft
Emanuel Maiberg / 404 Media:
Meta says all LLMs “historically have leaned left” and wants to remove that bias with Llama 4 to “understand and articulate both sides of a contentious issue”
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