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April 11, 2025, 10:35 AM
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Top News

Financial Times:
The EC's president says the EU won't revisit its “untouchable” rules, like the DMA, and could 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
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.
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 rolls out Recall AI in preview to Copilot+ PCs, after delaying the feature twice, from June 2024 and October 2024, over security and privacy concerns  —  The long-delayed feature will begin gradually rolling out to Windows Insiders. … This new rollout could indicate that Microsoft …
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 …
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
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 …
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.
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.
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  —  Unfortunately, the Find X8 Ultra isn't coming to global markets.  —  •  —  •  —  • … What if the Pro wasn't enough for you, though?
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.
Ingrid Lunden / TechCrunch:
Madrid-based Jobandtalent, which connects gig workers with companies, raised a $103M Series F at a $1.5B valuation, down from its $500M Series E at $2.35B  —  Jobandtalent, an AI-based “workforce as a service” marketplace that connects people with companies looking for hourly workers …
More: FinSMEs

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From Mediagazer

Christopher Palmeri / Bloomberg:
Money manager Mario Gabelli said it's “highly likely” he will tender his clients' WBD shares to Paramount in an effort to spark a bidding war for WBD

Alex Weprin / The Hollywood Reporter:
Disney nominates former Apple COO Jeff Williams to its board; he retired from Apple in November after overseeing the design team, supply chain work, and more

Katie Robertson / New York Times:
Email: USA Today EIC Caren Bohan has abruptly left the company, the second editor in chief to do so in less than two years; she became EIC in September 2024

More News

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
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
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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