Techmeme
May 12, 2025, 10:10 AM

Top News

Financial Times:
The US and China agree to a deal to lower tariffs for the next 90 days, a sign of easing tensions; the US plans to cut tariffs on Chinese goods from 145% to 30%  —  Deal to reduce duties for next 90 days marks the first sign of tension easing between the two economic superpowers
Wall Street Journal:
Sources: Apple considers raising prices for its fall iPhone lineup, a step it is seeking to couple with new features and design changes, without blaming tariffs  —  China still leads production of high-end models, exposing the company to trade risk  —  Apple is weighing price increases …
Financial Times:
Sources: OpenAI is negotiating with Microsoft to launch a future IPO; Microsoft is offering to cut its equity stake for access to OpenAI's new tech beyond 2030  —  High-stakes talks to revise terms of multibillion-dollar partnership are key to plans to adopt for-profit model
Scott Macfarlane / CBS News:
The Trump administration fired US Copyright Office head Shira Perlmutter; her office had raised concerns about using copyrighted content to train AI models  —  The Trump administration has fired the head of the U.S. Copyright Office, two sources familiar with the situation confirmed to CBS News Saturday.
Cecilia D'Anastasio / Bloomberg:
A profile of Genshin Impact creator HoYoverse, which is exploring new game genres as its titles begin to cannibalize each other and its revenue declined in 2024  —  HoYoverse plots a future path to reach further than its anime roots  —  For decades, Chinese video games and American gamers just didn't mix.
More: Game RantBluesky: @jaysheenX: @zhugeex, @cecianasta, and @cecianasta
Financial Times:
How India aims to become a regional data center hub, leveraging its low energy pricing and AI-skilled workforce; power supply constraints pose a major challenge  —  Domestic demand is rising fast and international cloud providers are looking to expand footprints  —  Krishn Kaushik and Chris Kay in Chennai
More: Entrepreneur

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Tyler Cowen / Conversations with Tyler:
Cheyenne MacDonald / Engadget: