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Techmeme
April 19, 2025, 11:25 AM
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Top News

Maxwell Zeff / TechCrunch:
OpenAI says its new o3 and o4-mini AI models hallucinate more often than its previous reasoning and traditional models, and the company doesn't know why  —  OpenAI's recently launched o3 and o4-mini AI models are state-of-the-art in many respects.  However, the new models still hallucinate …
Kyle Wiggers / TechCrunch:
ChatGPT users are figuring out the location of photos using o3's image-analyzing capabilities paired with its web search functionality, raising privacy concerns
The Verge:
Nintendo says Switch 2 preorders will start in the US on April 24, with the price staying at the initially announced $450; prices of accessories will go up  —  The company delayed its original preorder date in the US. … Nintendo has announced a new date for when Switch 2 preorders will kick off in the US; April 24th.
Wall Street Journal:
Sources: the EU planned to penalize Meta and Apple on April 15 but delayed the announcement, avoiding conflict with the Trump administration before trade talks  —  Officials postponed an announcement initially planned for this week  —  The European Union recently delayed penalizing Apple …
Vince Quill / Cointelegraph:
Oregon sues Coinbase, alleging the exchange is selling unregistered securities; Coinbase CLO Paul Grewal says it's a “copycat case” of SEC's now-dropped lawsuit  —  While winning legal victories at the federal level, the crypto industry still faces regulatory hurdles at the state level in the United States.
Erin Woo / The Information:
A look at Google's efforts to improve Search with AI; sources: its leaders have struggled to articulate a vision for how they want Search features to evolve  —  Next week, a federal judge will start the process of determining how to fix Google's search engine, which he ruled last summer was an illegal monopoly.
Ananya Bhattacharya / Rest of World:
A look at Foxconn's $2.5B “Project Elephant”, an upcoming factory on the outskirts of Bengaluru, its second-largest factory outside China, creating 40,000 jobs  —  The $2.5 billion “Project Elephant” will be the company's second-largest factory outside China and create 40,000 jobs.
Fortune:
A profile of Bo Hines, a 29-year-old official in the Trump administration who has become the main liaison between the White House and the crypto industry  —  Since his appointment, Bo Hines has become a mini-celebrity in the crypto world—with CEOs, billionaire investors, and lobbyists vying for face time.
Manish Singh / India Dispatch:
India's top IT firms, TCS, Infosys, and Wipro, are facing their steepest growth slowdown in years amid global economic uncertainty and geopolitical challenges  —  Infosys, TCS and Wipro report disappointing results as Trump tariffs and economic headwinds prompt corporate caution

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From Mediagazer

Daniel Thomas / Financial Times:
How UK tabloids, which once held a powerful grip on the national discourse, are struggling in an era of social media feeds, AI, and influencer-driven content

Sara Fischer / Axios:
WSJ and Dow Jones plan a new sports vertical that will debut alongside an exclusive, invitation-only sports economy event in New York City this summer

Madison Mills / Axios:
Anthony Pompliano's ProCap Financial launches a fully AI-generated podcast called Best Stocks; an annual ProCap subscription costs $999 to $2,500

More News

Steve Lohr / New York Times:
Experts say two federal judges declaring Google a monopoly within a year signals a judicial shift toward addressing anticompetitive behavior in digital markets
Douglas Gillison / Reuters:
A US judge temporarily halts mass firings at the US CFPB after the agency fired between 1,400 and 1,500 workers, eliminating as much as 90% of its workforce
Matthew Gault / 404 Media:
A Nevada judge rules that “tower dumps”, the law enforcement practice of grabbing vast troves of private personal data from cell towers, is unconstitutional

Earlier Picks

IDC:
China's Q1 2025 smartphone shipments grew 3.3% YoY to 71.6M units; Xiaomi led with 18.6% market share, Apple was the only foreign brand in top 5 with 13.7%
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