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April 25, 2025, 8:00 PM
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memeorandum
WeSmirchTop News
| Financial Times: |
Deliveroo, which listed in London with a £7.6B valuation in 2021, says it received a buyout proposal from DoorDash that would value the company at £2.7B — UK food delivery group valued at £7.6bn in London listing four years ago — Deliveroo, the food delivery company …
More: PYMNTS.com, The Information, Reuters, Bloomberg, The Standard, Yahoo Finance, Axios, Wall Street Journal, and Telegraph
X: @natlungfy, @natlungfy, @natlungfy, and @danprimack
| Financial Times: |
Sources: Apple plans to move assembly of all iPhones sold in the US, or 60M+ iPhones per year, to India by the end of 2026, in response to Trump's trade war — FT Exclusive: Tech giant plans to shift assembly as soon as next year in response to Donald Trump's trade war
More: Financial Times, Bloomberg, The Guardian, Daily Mail, AppleInsider, Daring Fireball, MacRumors, Reuters, Investing.com, Gizmodo, Wired, GSMArena.com, Fudzilla, Mobile World Live, Mediaite, 9to5Mac, The Times, Mercury News, Digit, Asia Financial, Silicon UK, Engadget, PetaPixel, Gizchina.com, Quartz, Business Today, iPhone in Canada Blog, Outlook Business, CNET, Computerworld, iThinkDifferent, Benzinga, New York Post, UPI, Mashable, The Statesman, The Apple Post, iClarified, ZeroHedge News, Pixel Envy, PYMNTS.com, Breitbart, Yahoo Finance, Tech Monitor, Watcher Guru, Philip Elmer‑DeWitt, Times of India, Investment Monitor, Semafor, gCaptain, Macworld, Fortune, The Independent, BGR, Irish Examiner, The Information, KRON4, PhoneArena, Trade Finance Global, Cryptopolitan, MarketWatch, Tech in Asia, SupplyChainBrain, MacDailyNews, Business Standard, News18, Cult of Mac, Moneycontrol, The Week, The Hindu BusinessLine, The Economic Times, and CBS News
Bluesky: @justmeanybody, @robertscotthorton, and @ariehkovler.com
X: @kyleichan, @noahpinion, @reuters, @ashwinivaishnaw, @spencerhakimian, @davidsmith803, @refsrc, @hassankhan, @kyleichan, @rajeevrc_x, @apisith84, @shashj, @m_c_klein, @yahoofinance, @jchengwsj, @rakeshsfnyc, @johnreedwrites, @patrickmoorhead, @zhugeex, @vatsrishap, @bytebot, @riteshmjn, @ingrahamangle, and @hblodget
LinkedIn: Sankalp Phartiyal, Antonella Teodoro, Alisha Sachdev, Benedict Evans, and Daniel Senger
Forums: r/technology, r/neoliberal, r/apple, r/StockMarket, r/worldnews, r/Economics, r/india, Slashdot, and MacRumors Forums
| Bloomberg: |
Sources: Chinese AI startup Manus raised $75M led by Benchmark at a $500M valuation, and plans to expand to markets including the US, Japan, and the Middle East — The Chinese startup behind Manus AI secured a round of financing led by US venture firm Benchmark, scoring capital to explore … | Tom Warren / The Verge: |
Microsoft makes Recall available to all Copilot+ PCs, along with a new AI-powered Windows search and Click to Do, which works like Google's Circle to Search — Microsoft's Click to Do image and text tool is also rolling out today. … We knew Microsoft was about to launch Recall for real this time …
More: Windows Blog, Windows Blog, Ars Technica, TechCrunch, XDA Developers, BleepingComputer, PCWorld, How-To Geek, Neowin, Axios, TechSpot, Tom's Hardware, GeekWire, Thurrott, Windows Central, CNET, Liliputing, ZDNET, PCWorld, PCMag, Engadget, Gizmodo, and Microsoft Support
X: @inafried, @daniel_rubino, @patrickmoorhead, @windowsupdate, @tomwarren, @markhachman, @windowsupdate, @windowsblog, @windows, @windowsupdate, and @yusuf_i_mehdi
LinkedIn: Vivek Pradeep, Kristina Michalsky, and Jim Johnson
| Chris Welch / The Verge: |
Google says it will end support for 1st- and 2nd-gen Nest thermostats on October 25, and won't launch new models in Europe due to its “unique” heating systems — The company is also pulling Nest thermostats out of Europe entirely, citing “unique” heating challenges.
More: Google Nest Community, Ars Technica, Android Police, How-To Geek, Tom's Guide, Android Authority, Android Central, Engadget, Neowin, PCWorld, Droid Life, 9to5Google, 9to5Google, and Pixel Envy
Forums: r/homeassistant, Slashdot, and Ars OpenForum
| Newcomer: |
Internal presentation by Microsoft's CFO Amy Hood: number of users for Copilot has been flat over the past year with ~20M weekly users, as ChatGPT grew to 400M — Mustafa Suleyman hasn't delivered the turnaround he was hired to bring — At Microsoft's annual executive huddle last month …
More: XDA Developers and Engadget
| Washington Post: |
Sources: China has quietly exempted from tariffs at least eight classifications of US-made microchips, as it seeks to exempt “irreplaceable” goods — Levies on certain U.S.-made microchips have been dropped, importers say. Meanwhile, China denied President Trump's claims that talks to reduce tariffs are happening.
More: Yahoo Finance, CNN, South China Morning Post, The National Pulse, Washington Times, Bloomberg, Tom's Hardware, UPI, Taipei Times, New York Post, CoinGape, New York Times, RedState, The Information, Tech in Asia, and Forbes
X: @varadmehta, @varadmehta, @gordongchang, @hassankhan, @marikakatanuma, @noahpinion, @nprinskeep, @david_kudla, @rwang07, and @rwang07
Forums: r/finance and r/politics
| Gabe Kaminsky / The Free Press: |
Leaked letter: interim DC attorney Ed Martin accused Wikipedia of allowing foreign manipulation and propaganda, threatening its tax-exempt status — In a letter obtained by The Free Press, Trump appointee Ed Martin accuses the Wikimedia Foundation of violating the law. Critics say his tactics are ‘grandstanding.’
More: The Verge and Washington Post
Bluesky: @noupside, @willoremus.com, @mmasnick, @paleofuture, @teddyrosenbluth, and @sarahemclaugh. Threads: @willoremus
X: @molly0xfff, @gekaminsky, and @jamesrbuk
Forums: Hacker News, r/wikipedia, and r/politics
| Brody Ford / Bloomberg: |
Sources: Microsoft plans to increase the use of third-party firms for selling software to SMBs; in-house sellers will get more training and focus on AI products — Chief Commercial Officer Judson Althoff revealed the initiative to employees on Thursday, according to people familiar with the situation.| Hayden Field / CNBC: |
Meta and Booz Allen partner to deploy Space Llama, a fine-tuned version of Llama 3.2, for research aboard the International Space Station National Laboratory — On Friday, Meta and Booz Allen Hamilton launched “Space Llama.” — Llama, Meta's open-source artificial intelligence model …
More: Meta, SiliconANGLE, Neowin, Benzinga, and Booz Allen Hamilton Holding Corporation
| Dan Primack / Axios: |
Deel sues Rippling for alleged defamation, libel, and deceptive trade practices, says Rippling placed an insider within Deel, is not tax compliant, and more — The legal battle between HR software unicorns Deel and Rippling escalated on Friday, with Deel suing Rippling for alleged defamation, libel, and deceptive trade practices.
More: Bloomberg, TechCrunch, The Information, and Deel
X: @parkerconrad, @parkerconrad, @drawl, and @parkerconrad
| The Information: |
Docs: Scale AI had revenue of $870M in 2024, missing its $1B target, and plans a $150M share sale that values the startup at around $25B, up 80% from a year ago — Scale AI, the fast-growing data-labeling startup, missed its revenue and profit targets last year, but its investors are undeterred.
Bluesky: @carljanderson
| John Revill / Reuters: |
Swiss National Bank says cryptocurrencies failed to meet its currency reserve standards, as a referendum campaign seeks to require SNB to hold bitcoin reserves — The head of the Swiss National Bank said on Friday that cryptocurrencies failed to meet the institution's currency reserve standards …
More: CoinDesk, Bloomberg, Cointelegraph, Coinspeaker, Cryptopolitan, CryptoSlate, and Protos
| Kyle Wiggers / TechCrunch: |
OpenAI expands deep research usage for Plus, Pro, and Team users with an o4-mini-powered lightweight version, which also rolls out to Free users today — OpenAI is bringing a new “lightweight” version of its ChatGPT deep research tool, which scours the web to compile research reports on a topic …
More: The Verge, eWeek, Inc, ZDNET, KnowTechie, Engadget, AIN, Ghacks, WinBuzzer, MakeUseOf, Android Authority, Android Headlines, Business Standard, WeRSM, Tom's Guide, Digit, PCMag, TechRadar, Digital Trends, The Economic Times, The Decoder, Tech in Asia, PhoneArena, Livemint, Neowin, and Maginative
| Leo Schwartz / Fortune: |
Nous, which plans to launch an AI training system on Solana using people's idle computing power, raised a $50M Series A, a source says at a $1B token valuation — Training AI models requires a massive amount of computing power. — The crypto industry has been fighting to get a piece …
More: Nous Research, Cointelegraph, SiliconANGLE, crypto.news, NFTgators, and The Block
X: @leomschwartz, @max_paperclips, and @ropirito
| Carmen Arroyo / Bloomberg: |
Docs: X's data licensing and subscriptions revenue grew 32% YoY to $91M in February, ad revenue grew 4% YoY to $146M; Twitter had $4.5B in ad revenue in 2021 — Elon Musk's X Holdings Corp. is evolving from a social media platform powered by mainstream advertisers to one betting … | Eleanor Olcott / Financial Times: |
Baidu CEO Robin Li says demand for text-based models like DeepSeek's is “shrinking” and claims the R1 model had a higher propensity for “hallucinations” — Search group's chief makes rare criticism of China's generative artificial intelligence darling
More: Business Standard
| Bloomberg: |
More: Reuters, WinBuzzer, AI News, Nikkei Asia, Analytics India Magazine, South China Morning Post, Benzinga, and Neowin
X: @baidu_inc, @mbxngyoung, and @monnaiethe
| Allie Garfinkle / Fortune: |
Reducto, which helps companies convert complex documents into inputs for LLMs, raised a $24.5M Series A led by Benchmark, following a $8.4M seed in October 2024 — Reducto cofounders Adit Abraham and Raunak Chowdhuri. — Reducto — I've long been fond of Arthur C. Clarke's famous third law … | Bloomberg: |
Sources: the US pushed back against EU's AI code of practice; the code is voluntary, still being finalized, and aims to help companies comply with the AI Act — US President Donald Trump's administration is putting pressure on Europe to ditch a rulebook that would compel developers …
More: Nairametrics. LinkedIn: Dr. Laura Caroli. Forums: r/europe, r/technology, and r/ArtificialInteligence
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