Techmeme
April 12, 2025, 10:00 AM

Top News

Financial Times:
The Trump administration excludes smartphones along with selected computers and laptops from reciprocal tariffs  —  Tech including routers and selected computers get reprieve after a week of turbulence in US markets  —  The Trump administration has excluded smartphones from its steep …
Sara Fischer / Axios:
Meta adds Dina Powell McCormick, who served as deputy national security adviser to Trump in his first term, and Stripe CEO Patrick Collison to its board  —  Dina Powell McCormick, a prominent banking executive and former Republican official, and Stripe CEO Patrick Collison are joining Meta's board, Axios has learned.
Wall Street Journal:
Sources: Binance asked the US Treasury last month to loosen oversight on its AML compliance, after Binance entered into deal talks with Trump's crypto venture  —  Executives for the cryptocurrency exchange met with Treasury officials last month after the company entered into talks with a Trump family venture
Sophie McEvoy / GamesIndustry.biz:
Newzoo: global consumer spending for PC and console gaming fell 2% YoY to $80.2B in 2024, with console revenues leading market share with $42.8B, down 3.9% YoY  —  Firm estimates PC and console gaming market to reach $92.7 billion by 2027  —  Global consumer spending for PC and console gaming fell …
Makena Kelly / Wired:
Sources: Palantir is helping DOGE build an API layer above all IRS databases; DOGE wants Palantir's Foundry software to be the “read center of all IRS systems”  —  For the past three days, DOGE and a handful of Palantir representatives, along with dozens of career IRS engineers …
Meaghan Tobin / New York Times:
ByteDance, which spent an estimated $11B in 2024 on infrastructure for AI, is using data from ~1B users of its apps as the linchpin of its growing AI business  —  A set of popular apps helped China's ByteDance develop a key component of advanced artificial intelligence: information on how a billion people use the internet.
More: Politico

Sponsor Posts

Google:
Generate videos with Veo 3 in Google Gemini  —  Create high-quality, 8-second videos with Veo 3, our state-of-the-art AI video generator.  Try it with a Google AI Pro plan or get the highest access with the Ultra plan.
Techmeme Leaderboards:
Discover the top reporters on AI safety, robotics, stablecoins, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 50 topics.  Download reports immediately for just $100.
Zoho:
Understanding the U.S. overtime policy in Zoho People  —  The importance of tracking overtime working hours cannot be overstated.  It has to be done carefully to stay compliant, keep your HR operations efficient, and pay employees accurately.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Grit:
How Dropbox Beat Big Tech in the Cloud Wars
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
Inside the expert network training every frontier AI model | Garrett Lord (Handshake CEO)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
The Big GPT-5 Debate, Sam Altman's AI Bubble, OnlyFans Chatbots
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Tech Brew Ride Home:
Has China Shut The Door On Nvidia?
Tech news headlines every day. 15 minutes and you're up to date. From Tech Brew, Morning Brew's tech hub.
Subscribe to Tech Brew Ride Home.
The Social Radars:
Founder Mode: Paul Graham, Founder, Y Combinator
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
Subscribe to The Social Radars.
Hard Fork:
Is This an A.I. Bubble? + Meta's Missing Morals + TikTok Shock Slop
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:00 AM ET, April 12, 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.

More News

Kate O'Keeffe / Bloomberg:
Natalie Lung / Bloomberg:
Sean O'Kane / TechCrunch:

Earlier Picks

Kyle Wiggers / TechCrunch:
Anton Shilov / Tom's Hardware:
Kyle Wiggers / TechCrunch:
Erin Woo / The Information:
Charles Rollet / TechCrunch: