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April 12, 2025, 1:40 AM
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| 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.
More: Reuters, Tech in Asia, CNBC, Meta, TechCrunch, The Hollywood Reporter, The Information, and Bloomberg
X: @campbell_brown, @cernovich, @sarafischer, @donaldjtrumpjr, and @jasonmiller. Facebook: Mark Zuckerberg
| Bloomberg: |
Netflix is testing an OpenAI-powered search engine that lets users find shows via inquiries that go beyond genres or actors' names, like the subscriber's mood — The OpenAI-powered search engine lets customers look for shows using far more specific terms, including the subscriber's mood, for example, the company said.
More: The Verge, Tech in Asia, Trusted Reviews, and theJasmineBRAND
| Ellen O'Regan / Politico: |
Ireland's DPC opens an investigation into how personal data in public X posts was used to train xAI's Grok, which could stoke tensions between the EU and the US — The investigation threatens to stoke further tensions between the EU and U.S. over tech rules.
More: TechCrunch, RTÉ, Reuters, Data Protection Commission, Irish Examiner, BreakingNews.ie, Politico, Engadget, MLex, Le Monde, Associated Press, Wall Street Journal, Irish Independent, Bloomberg, The Irish Times, and Euractiv
Bluesky: @claesdevreese and @peterstefanovic
Forums: r/europe, r/ireland, and r/worldnews
| Anton Shilov / Tom's Hardware: |
China exempts products from AMD, Nvidia, Intel, Qualcomm, and others that are made by Taiwanese companies like TSMC from the 125% tariff on US products — Killing two birds with one stone. — Amid a fierce trade war with the US, China's General Administration of Customs has changed …
More: Reuters, Tech in Asia, Wccftech, Wall Street Pit, South China Morning Post, and HotHardware
| Financial Times: |
Sources: Ilya Sutskever's Safe Superintelligence raised $2B led by Greenoaks at a $32B valuation; SSI last raised $1B at a $5B valuation in September 2024 — Start-up raises $2bn, underscoring investors' keen appetite for bankrolling AI groups despite US economic tumult| Kyle Wiggers / TechCrunch: |
A group of former OpenAI employees files an amicus brief in support of Elon Musk in his lawsuit opposing OpenAI's for-profit transition — A group of ex-OpenAI employees on Friday filed a proposed amicus brief in support of Elon Musk in his lawsuit against OpenAI, opposing OpenAI's planned conversion …
More: Benzinga, CNBC, The Verge, Fortune, PC Gamer, Bloomberg, Chat GPT Is Eating the World, The Guardian, and Breitbart
| 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 …
More: Newzoo, TechSpot, Game Rant, Mezha.Media, ITC.UA, Kotaku, Game File, PC Games Insider, CNET, and PC Gamer
| Kyle Wiggers / TechCrunch: |
OpenAI plans to retire GPT-4, launched in March 2023, from ChatGPT on April 30, to be “fully replaced” by GPT-4o; GPT-4 will remain available via OpenAI's API — OpenAI will soon retire GPT-4, an AI model it launched over two years ago, from ChatGPT, according to a changelog posted on Thursday.
More: OpenAI, Livemint, CNET, PCMag, Mashable, ZDNET, Engadget, The Economic Times, The Verge, Techstrong.ai, Thurrott, 9to5Mac, The Decoder, and Crypto Briefing
| Tripp Mickle / New York Times: |
Sources: Tim Cook approved a plan to double the AI chip budget for John Giannandrea's team in 2023, but CFO Luca Maestri cut the increase to less than half that — Even before President Trump's tariffs threatened to upend Apple's manufacturing business in China, the company's struggle …
More: MacStories, The Verge, MacRumors, 9to5Mac, MacRumors, CNET, anara.com, PhoneArena, iPhone in Canada Blog, The Shortcut, Gizmodo, Six Colors, MobileSyrup, Android Police, Cautious Optimism, Cult of Mac, Spyglass, Computerworld, Macworld, Tom's Guide, AppleInsider, iDownloadBlog.com, iClarified, Philip Elmer‑DeWitt, 9to5Mac, BGR, MacDailyNews, mjtsai.com, and The Information
Forums: Hacker News, r/mlscaling, and MacRumors Forums
| Ari Levy / CNBC: |
Filing: Founders Fund has closed a $4.6B late-stage venture fund; source: a substantial amount of the capital was provided by the firm's general partners — Founders Fund, the venture capital firm run by billionaire Peter Thiel, has closed a $4.6 billion late-stage venture fund …
More: Tech in Asia, Bloomberg, and US SEC
| 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| Natalie Lung / Bloomberg: |
YipitData: Waymo's robotaxis made up about 20% of rides offered by Uber in Austin in the last week of March, after launching on March 4 — Waymo robotaxis made up about 20% of rides offered by Uber Technologies Inc. in Austin in the last week of March, underscoring how consumers have warmed … | Financial Times: |
Bain Capital agrees to buy Blackstone-backed HealthEdge, which offers SaaS for health insurers to modernize their systems, sources say for ~$2.6B including debt — Sale of US healthcare software company grants two-fold return on investment — Private equity firm Bain Capital has struck …
More: Bain Capital and Axios
| 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 …
Forums: r/TrueReddit, r/fednews, r/technology, and r/politics
| Kate O'Keeffe / Bloomberg: |
US investigators are probing whether the China ties of TP-Link Systems Inc., the US-based business of Wi-Fi router giant TP-Link, pose an “unacceptable risk” — - TP-Link Systems still has sizable China presence, records show — Founder says he's ‘chosen the US’ in company's restructuring
Forums: Slashdot
| Sarah Perez / TechCrunch: |
Appfigures: ChatGPT was the most downloaded app globally in March, excluding games, with 46M downloads across App Store and Google Play, its biggest month ever — ChatGPT became the world's most downloaded app in March, excluding games, topping the usual contenders for the No. 1 spot, Instagram and TikTok.
More: Moneycontrol, 9to5Mac, and Redmond Pie
| Barry Schwartz / Search Engine Land: |
Google says some terms in AI Overviews will link to Google's search results “to help people more easily explore topics and discover relevant websites” — A few weeks ago, we caught Google linking text within its AI Overviews to its own search results.
More: 9to5Google and Search Engine Roundtable
| Counterpoint Research: |
In Q1 2025, SK Hynix overtook Samsung for the first time to lead global DRAM revenues with a 36% share, driven by its dominant 70% market share in HBM — - SK Hynix takes lead for first time ever in DRAM, grabbing 36% share of revenues in Q1 2025 — In particular, the company dominated in critical HBM with 70% market share
More: SamMobile, KED Global, SammyGuru, DigiTimes, and Tech in Asia
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