Techmeme
April 11, 2025, 11:25 AM

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.
Tripp Mickle / New York Times:
Sources: Tim Cook approved doubling Apple's AI chips budget in 2023 after John Giannandrea sought more GPUs, but CFO Luca Maestri cut the increase to under half  —  Even before President Trump's tariffs threatened to upend Apple's manufacturing business in China, the company's struggle …
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 …
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 …
Business Insider:
US Defense Secretary Pete Hegseth cuts $5.1B in IT and consulting contracts, such as with Accenture, Deloitte, and Booz Allen, calling them “wasteful spending”  —  - US Defense Secretary Pete Hegseth ordered cuts at the Pentagon including some consulting contracts.
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 …
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 US tariffs' impact  —  Small businesses that depend on overseas suppliers have endured a week of stressful uncertainty.
Andrew Liszewski / The Verge:
Razer launches Razer PC Remote Play, which streams PC games to mobile devices running Windows 11, iOS 18, iPadOS 18, or Android 14+ at their native resolutions  —  Razer PC Remote Play streams games to mobile devices at their native resolutions and aspect ratios.
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 …

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More News

Hadlee Simons / Android Authority:
Jesse Hamilton / CoinDesk:
Sharon Goldman / Fortune:
Vikki Blake / GamesIndustry.biz:

Earlier Picks

Dustin Volz / Wall Street Journal:
Ivan Mehta / TechCrunch:
Matt Horne / Android Authority: