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May 12, 2025, 4:30 PM
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memeorandum
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| 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
More: The White House, CNBC, New York Times, Tom's Hardware, The White House, 9to5Mac, 9to5Mac, AppleInsider, The Verge, BBC, Ars Technica, Fortune, MobileSyrup, PC Gamer, The Irish Times, Reuters, City A.M., Semafor, TechCrunch, The Independent, New York Times, Cryptopolitan, The Information, Wall Street Journal, Financial Times, Crypto Briefing, New Republic, CoinDesk, gCaptain, Bloomberg, The Times, Foreign Policy, Disruption Banking, and The Sun
Bluesky: @katjabego, @emoltzen, @dandrezner, @kagrox, @chasecarter, @judah-grunstein, @karlkuszaj, @emperorsclothes, @beyerstein, @joshtpm, @abenewman, @drodrik, @wiseacre.me, @nathansnewman, @paularmstrongtbd, and @hern
X: @whitehouse, @justinwolfers, @josephpolitano, @vtg2, @henrysgao, @henrysgao, @henrysgao, @spoxchninus, @thestalwart, @thestalwart, @hblodget, @freightalley, @javierblas, @rajakorman, @geringtuvia, @joristeer, @faisalislam, @typesfast, @trumpdailyposts, @chenweihua, @onlyyoontv, @meiselasb, @jingjing_li, @jamessurowiecki, @thestalwart, @mrmbrown, @nicknotned, @edwardlawrence, @josh_wingrove, @dgt10011, @elerianm, @grummz, @thestalwart, and @chenweihua
LinkedIn: George Minakakis and Kwaku Otchere
Forums: r/hardware, r/NintendoSwitch2, r/politics, r/Economics, r/Aliexpress, r/moderatepolitics, r/technology, r/centrist, r/unusual_whales, r/Economics, r/Sino, r/neoliberal, r/Republican, r/wallstreet, r/centrist, r/FashionReps, r/Follow_Smartmoney, r/AMD_Stock, r/moderatepolitics, r/China, r/KanagawaWave, r/wallstreetbets, and Slashdot
| 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 …
More: MacRumors, Washington Post, Quartz, CNET, Breitbart, Associated Press, New York Post, iDownloadBlog.com, The Maritime Executive, VICE, BNN Bloomberg, Pocket-lint, MarketWatch, Investor's Business Daily, Tom's Hardware, Neowin, Tom's Guide, Fox Business, Sherwood News, TechCrunch, The Shortcut, iPhone in Canada Blog, The Economic Times, Taipei Times, PCMag, Digital Trends, Mashable, 9to5Mac, Investopedia, PR Daily, TechSpot, Wccftech, Cryptopolitan, City A.M., ZeroHedge News, Bloomberg, Cult of Mac, Barron's Online, Reuters, Benzinga, AppleInsider, Financial Express, AppleInsider, Android Authority, BGR, PhoneArena, PYMNTS.com, Thurrott, Business Today, The Mac Observer, and NPR
Forums: r/iphone and MacRumors Forums
| Bloomberg: |
Sources: SoftBank and OpenAI's $100B Stargate investment hits snags on tariff fears; talks with dozens of lenders started earlier in 2025 have yielded no deals — SoftBank Group Corp.'s plans to invest $100 billion in artificial intelligence infrastructure in the US have slowed …
More: Neowin, PYMNTS.com, TechCrunch, New York Post, WinBuzzer, Tech in Asia, and RCR Wireless News. Bluesky: @triangulator.org
| Axios: |
The White House says a 120% tariff rate on shipments from China valued under $800, or a flat $100 fee per postal item, will remain, in a blow to Shein and Temu — Small packages from China are still subject to tariffs of 120%, a White House official confirmed Monday …
More: WinBuzzer, Wall Street Journal, Reuters, CBS News, New York Times, FlowingData, and NBC Bay Area
Bluesky: @jimcashel. Forums: r/RepTime, r/Economics, r/Aliexpress, r/SBCGaming, r/neoliberal, and r/politics
| Mark Gurman / Bloomberg: |
Sources: Apple is planning an AI-powered battery management mode for iOS 19 that analyzes how a person uses their phone and makes adjustments to conserve energy — Apple Inc. is planning to use artificial intelligence technology to address a frequent source of customer frustration: the iPhone's battery life.
More: AppleInsider, 9to5Mac, CNET, Engadget, Macworld, MacRumors, PhoneArena, Cult of Mac, BGR, iPhone in Canada Blog, iDownloadBlog.com, and Digital Trends
| Berber Jin / Wall Street Journal: |
Sources: Perplexity is in advanced talks to raise $500M led by Accel in a round that values it at $14B, up from $9B in November 2024 — Artificial-intelligence search company is raising $500 million — Perplexity is in advanced talks to raise $500 million in a round that values it at $14 billion …
More: Financial Times, Benzinga, Bloomberg, The Information, Barron's Online, CNBC, CryptoSlate, Proactive, and Wall Street Pit. LinkedIn: Gianna Barberia
| New York Times: |
Sources: the Trump admin is considering a sale of hundreds of thousands of US AI chips to UAE's G42 and is expected to unveil a deal with Saudi Arabia's Humain — The firm, which the U.S. government scrutinized for its ties to China, is angling for hundreds of thousands …
X: @anaswanson
| Bloomberg: |
CrowdStrike CEO George Kurtz disclosed last month that he had gifted $1B+ worth of CrowdStrike stock to undisclosed recipients, cutting his voting power to 2.5% — The disposition is the latest in a series of transactions that have slashed his voting power in CrowdStrike to 2.5% from 31% in 2022 …
Forums: Hacker News
| Financial Times: |
Saudi Arabia launches Humain, a multibillion-dollar AI company chaired by Crown Prince Mohammed bin Salman, the main vehicle to drive the kingdom's AI strategy — Riyadh's latest multibillion-dollar push will bring new focus to Crown Prince Mohammed bin Salman's tech ambitions
More: TechCrunch, Reuters, WinBuzzer, and Cryptopolitan
| Kritika Lamba / Reuters: |
Chegg says subs dropped 31% in Q1 to 3.2M; it will lay off 248 employees, or ~22% of its staff, to cut costs as students keep turning to AI tools like ChatGPT — Chegg (CHGG.N) said on Monday it would lay off about 22% of its workforce, or 248 employees, to cut costs and streamline …
More: Maginative, New York Post, TipRanks Financial, WebProNews, and Associated Press. Forums: Slashdot
| Ateev Bhandari / Reuters: |
American Bitcoin, a bitcoin miner backed by Donald Trump Jr. and Eric Trump, said it will list on the Nasdaq via an all-stock merger with Gryphon Digital Mining — American Bitcoin, a new bitcoin miner backed by U.S. President Donald Trump's two eldest sons, said on Monday it will list … | Abner Li / 9to5Google: |
Google is updating its “G” icon for the first time in 10 years, with its four colors now blending together on a gradient — Following the last update nearly 10 years ago, Google is updating its iconic ‘G’ icon. — On September 1, 2015, Google significantly updated its logo …
More: CNET, The Verge, Neowin, Android Police, SammyGuru, Android Authority, Droid Life, Chrome Unboxed, and Creative Bloq
| Anton Shilov / Tom's Hardware: |
Senator Tom Cotton introduces a bill to mandate that AI chip makers use geo-tracking tech to comply with export rules, taking effect six months after it passes — Senator Tom Cotton's legislation seeks to “prevent advanced American chips from falling into the hands of adversaries like Communist China.”| Kyle Wiggers / TechCrunch: |
Google's Gemma models passed 150M downloads and 70K+ variants on Hugging Face, after launching in Feb. 2024; Meta's Llama models passed 1.2B downloads in April — Google's openly available Gemma collection of AI models has reached a milestone: over 150 million downloads.Sponsor Posts
Subquadratic:
SubQ Snap 1.1: the first long-context decision model for real enterprise work — Tied for #1 on the AA Decision Index, Snap is a multimodal model with a 384k-token context window for fast reasoning and agentic decisions.
SubQ Snap 1.1: the first long-context decision model for real enterprise work — Tied for #1 on the AA Decision Index, Snap is a multimodal model with a 384k-token context window for fast reasoning and agentic decisions.
Zoho:
How EWS deprecation affects Zoho Calendar Interoperability — Understanding the impactMicrosoft began blocking Exchange Web Services (EWS) requests in Exchange Online (Microsoft 365) as of October 1, 2026.
How EWS deprecation affects Zoho Calendar Interoperability — Understanding the impactMicrosoft began blocking Exchange Web Services (EWS) requests in Exchange Online (Microsoft 365) as of October 1, 2026.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
WebBrain:
WebBrain: an open-source AI agent for your browser — Read pages, fill forms and automate tasks in Chrome or Firefox. Use local models or your preferred AI provider. Get started free.
WebBrain: an open-source AI agent for your browser — Read pages, fill forms and automate tasks in Chrome or Firefox. Use local models or your preferred AI provider. Get started free.Featured Podcasts
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