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April 23, 2025, 10:05 AM
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Top News

Wall Street Journal:
The European Commission fines Apple €500M and Meta €200M under the DMA and issues cease-and-desist orders to both companies; Apple and Meta say they will appeal  —  Fines come as European officials pursue trade talks with the Trump administration  —  BRUSSELS—The European Union fined Apple …
Bloomberg:
US v. Google: OpenAI's ChatGPT chief Nick Turley says the company would be interested in buying Chrome from Google if a federal court orders it to be spun off  —  OpenAI would be interested in buying Google's Chrome browser if a federal court orders it to be spun off, the head of ChatGPT said in a court hearing Tuesday.
Bloomberg:
US v. Google: an OpenAI executive says Google declined to let OpenAI access its search index; a proposed DOJ remedy would let Google's rivals access the index
Bloomberg:
Source: Intel is set to unveil plans this week to cut 20%+ of staff, its first major restructuring under Lip-Bu Tan; Intel had 108,900 workers in December 2024  —  Intel Corp. is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the struggling chipmaker …
Carl Franzen / VentureBeat:
Nari Labs unveils Dia, a 1.6B parameter text-to-speech model designed to produce naturalistic dialogue directly from text prompts, built with “zero funding”  —  A two-person startup by the name of Nari Labs has introduced Dia, a 1.6 billion parameter text-to-speech (TTS) …
Financial Times:
Sources: Cantor's Brandon Lutnick, the son of the US commerce secretary, seeks to form a $3B bitcoin acquisition vehicle with SoftBank, Tether, and Bitfinex  —  Investment vehicle backed by son of commerce secretary comes as US adopts more favourable policy on digital currency
Bloomberg:
Elon Musk says production of Tesla's humanoid robot Optimus is affected by China's recent restrictions on exports of rare earth minerals used in magnets  —  Speaking on the company's earnings call on Tuesday, Chief Executive Officer Elon Musk said production was impacted by the “magnet issue”.
Abner Li / 9to5Google:
On the 20th birthday of its first video, YouTube says it has had 20T+ uploads, including 20M+ daily now, and unveils app and TV updates, including new Multiview  —  YouTube is celebrating its 20th birthday with a number of stats, while previewing new features that are coming this year.
New York Times:
FTC v. Meta: the first two weeks have been like entering a time warp, focusing on long-dead apps like Path, underscoring the FTC's challenge in bringing a case  —  In the landmark antitrust case, tech executives have harked back to a Silicon Valley age when social apps like Facebook, Path, Orkut and Google Plus boomed.
Cecilia Kang / New York Times:
FTC v. Meta: Instagram co-founder Kevin Systrom testifies that “Mark was not investing in Instagram because he believed we were a threat to their growth”
Matthew Goldstein / New York Times:
Trump Media partners with Crypto.com and Florida-based Yorkville America Digital to launch ETFs by the end of 2025, as it moves into financial services  —  The agreement will allow the president's social media company to market investment products, including crypto, to retail investors through a series of exchange-traded funds.
Tom Phillips / Eurogamer.net:
Nintendo says Switch 2 preorder demand in Japan “far exceeds expectations” and 2.2M applied via a lottery; Nintendo is offering a cheaper, region-locked model  —  2.2m people applied to buy, and a “significant number” will be unsuccessful.  —  News by Tom Phillips Editor-in-Chief
Shaurya Malwa / CoinDesk:
Mantra's CEO begins burning $80M worth of his OM tokens and plans to burn $80M worth from partners, after a 90% collapse on April 13 erased $5B+ in market value  —  The tokens are part of John Mullin's team allocation that were staked when the network first started in October 2024.  —  What to know:
Aisha Malik / TechCrunch:
Superpower, which uses AI for personalized health overviews and offers biannual lab testing that analyzes 100+ blood biomarkers, launches with a $30M Series A  —  A startup called Superpower is publicly launching what it calls the world's first super app that is designed to help people better understand and take care of their health.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:05 AM ET, April 23, 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.

From Mediagazer

Press Gazette:
The Telegraph seeks a quick auction after Redbird dropped its £500M bid; former bidders, including Spectator owner Paul Marshall, could re-enter the race

Wall Street Journal:
Filing: Sinclair built an ~8% stake in E.W. Scripps and is vying to acquire the local TV broadcaster; Scripps has a market value of ~$270M and Sinclair $1.1B

Scott Nover / Washington Post:
A look at MSNBC's rebrand as MS Now, as it builds an independent newsroom, hiring 36+ reporters, aiming to maintain its liberal opinion and news analysis

More News

Matt Day / Bloomberg:
Sources: Amazon's Project Kuiper has completed just a few dozen satellites so far, far below the pace needed to reach the FCC's 1,618 deadline by July 2026
Jon Emont / Wall Street Journal:
How Nike and US manufacturer Flex's plan to automate sneaker production in Guadalajara ran into trouble, with factory robots struggling to handle soft materials
Connor Jones / The Register:
The UN says the ~$40B cybercrime call center industry, tied to East and Southeast Asian crime syndicates, is expanding globally to regions with weak governance

Earlier Picks

Tony Maglio / The Hollywood Reporter:
WBD rolls out a $7.99/month Extra Member Add-On for US Max subscribers, about two years after Netflix made a similar move to crack down on password sharing
Daniel Kuhn / The Block:
Researcher: the official SDK JS library for interacting with the XRP Ledger, with 140K+ weekly downloads, was compromised; XRP Ledger Foundation says it's fixed
Ronan Shields / Digiday:
In a reversal, Google says it will continue offering users the choice of third-party cookies in Chrome and will not roll out a new standalone prompt for them
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