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April 3, 2025, 7:00 PM
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Qianer Liu / The Information:
Sources: Intel and TSMC have reached a preliminary agreement for a joint venture to operate Intel's chipmaking facilities, with TSMC taking a 20% stake  —  Intel's financial crisis may be over—with support from its biggest rival.  —  Executives from Intel and Taiwan Semiconductor Manufacturing …
Kif Leswing / CNBC:
Tech stocks fall after President Trump announced new global tariffs: Amazon closed down 9%, Meta 9%, Nvidia 7.8%, Alphabet 3.9%, and Microsoft 2.4%  —  Apple slid more than 6% in late trading Wednesday and led a broader decline in tech stocks after President Donald Trump announced new tariffs of between 10% and 49% on imported goods.
More: The White House, The White House, Marcus on AI, Kotaku, Forbes, Yahoo Finance, Patently Apple, Mashable, The Register, The Crypto Basic, Reuters, Cryptopolitan, ZDNET, New York Times, Wall Street Pit, Fortune, Deadline, MEDIANAMA, AIN, Verdict, New Jersey Online, The Atlantic, Bloomberg, Polymarket, The Hill, Channel News, PCMag, The Verge, TipRanks Financial, NBC News, United States Trade …, Watcher Guru, and Bloomberg
Bluesky: @carnage4life.  X: @jamessurowiecki, @saylor, @billackman, @cobie, @lhsummers, @typesfast, @mikeisaac, @mikeisaac, @brewmarkets, @rapidresponse47, @cobie, @levie, @rabois, @micah_erfan, @mhdempsey, @balajis, @levie, @jtlonsdale, @sullyomarr, @thestalwart, @benbajarin, @mystephanomics, @typesfast, @atrupar, @trumpdailyposts, @thestalwart, @ramit, @armanddoma, @typesfast, @rapidresponse47, @saikatc, @buccocapital, @rapidresponse47, @rapidresponse47, @rapidresponse47, @gopmajoritywhip, @secscottbessent, @sec_noem, @speakerjohnson, @repbrianbabin, @rapidresponse47, @ustraderep, @howardlutnick, @reprileymoore, @secretaryburgum, @rapidresponse47, @palmerluckey, @rapidresponse47, @lhsummers, @lhsummers, @alecstapp, @jamesrbuk, @alecstapp, @jbarro, @dandrezner, @thestalwart, @thestalwart, @d_a_irwin, @cliffordasness, @thestalwart, @esaagar, @dampedspring, @atabarrok, @deanwball, @stavridisj, @dkthomp, @elerianm, @justinwolfers, @justinwolfers, @brazilbrian, @typesfast, @maxwinebach, @jasonfurman, @frances_coppola, @macaesbruno, @ivanwerning, @dkthomp, @ivanwerning, @natesilver538, @adamscochran, @ivanwerning, and @jbulltard1
LinkedIn: Deniz Yarnell and Jamie Tronnes
Forums: r/myanmar, r/technology, r/LinusTechTips, r/Libertarian, r/pcmasterrace, r/investimentos, r/politics, r/politics, r/China_irl, r/StockMarket, r/Economics, r/unusual_whales, r/stocks, r/DHgateVip, r/wallstreetbets, r/Semiconductors, r/WildRoseCountry, r/OnerActive, r/Aliexpress, r/RepsneakersDogs, r/onguardforthee, r/trump, and r/Aliexpress
Tripp Mickle / New York Times:
Apple shares drop 9.3% after President Trump announced new tariffs, including 46% on Vietnam and 26% on India, where Apple has been moving production from China
Bloomberg:
The US announces a 34% “reciprocal” tariff hike on China; some banks say this brings average US tariffs on China to 65%+, when counting pre-existing duties
Dominic Preston / The Verge:
The White House appears to have used an oversimplified calculation that several major AI chatbots recommend to calculate reciprocal tariffs
Adam Satariano / New York Times:
Sources: the EU is preparing penalties against X for breaking the DSA, including demands for product changes and a fine that a source says could surpass $1B  —  European regulators are considering fining X more than $1 billion, after weighing the risks of further antagonizing Mr. Musk and President Trump.
Bloomberg:
Sources: Microsoft has halted talks for, or delayed development of, data center projects in Indonesia, the UK, Australia, Illinois, North Dakota, and Wisconsin  —  The software company has recently halted talks for, or delayed development of, sites in Indonesia, the UK, Australia, Illinois …
Ryan Weeks / Bloomberg:
President Trump's tariffs are set to disrupt the Bitcoin mining sector, as many of the largest miners are based in the US and the supply chain is rooted in Asia  —  Lauren Lin is in a hurry.  She has less than 48 hours to ship about 5,600 Bitcoin mining machines from Thailand to the US …
Jake Bleiberg / Bloomberg:
Sources: Oracle told some clients this week that hackers stole old login credentials, the second breach that Oracle acknowledged to clients in the past month  —  - FBI investigating the breach, software company told clients  — Oracle informed health-care customers of separate March hack
Jay Peters / The Verge:
Nvidia says its custom processor for Nintendo's Switch 2 has “dedicated RT Cores and Tensor Cores,” enabling DLSS support and real-time ray tracing on Switch 2  —  Nintendo hasn't revealed the full Switch 2 specs, but Nvidia is providing a few more details about the power of this new console.
Matthias Bastian / The Decoder:
Google DeepMind outlines its approach to AGI safety in four key areas of risk: misuse, misalignment, mistakes, and structural risks, focusing on the first two  —  Google Deepmind has published a comprehensive strategy paper detailing its approach to developing safe artificial general intelligence (AGI).
Umar Shakir / The Verge:
Microsoft releases its $350 enterprise Windows 365 Link mini PC in the US, Canada, the UK, Germany, and other countries, after unveiling it in November 2024  —  The $350 thin client-like device lets you connect to a Windows machine running on the cloud.
Kyle Wiggers / TechCrunch:
OpenAI says 130M+ ChatGPT users have generated 700M+ images since the feature's March 25 launch, and India is now the fastest-growing ChatGPT market  —  OpenAI's new image-generation feature is on track to be one of the company's most popular product launches ever.
Taylor Lorenz / User Mag:
YouTube quietly removed “gender identity” from its hate speech policy after Trump took office; Google says enforcement of the policy remains unchanged  —  TariffTokers, Gen Z's ‘it couple’, Easter potatoes, anti-MAGA hats, Zuck's D.C. mansion, Amazon's TikTok bid, Silicon Valley's cupid …

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From Mediagazer

Brian Steinberg / Variety:
Paramount reports Q1 revenue down 6% YoY to $7.19B, a $550M net income, Paramount+ subs up 11% to 79M, and still expects the Skydance deal to close in H1 2025

Brian Steinberg / Variety:
WBD reports Q1 revenue down 10% YoY to $8.9B, net income down 53% to $453M, $2.6B streaming revenue, $339M streaming adjusted EBITDA, and 122.3M streaming subs

Peter White / Deadline:
David Eilenberg, who was head of content at Roku Media for the last two years, is returning to ITV America to oversee its creative direction

More News

Andrew Webster / The Verge:
Nintendo Switch 2 hands-on: larger than the Switch but not uncomfortable, flagship games show off the system well, and the Joy-Con's mouse-like mode is precise
Financial Times:
Plaid raised $575M at a $6.1B valuation, below its peak $13B+ valuation in 2021, mostly to cover employees' tax bills for those converting RSUs to common stock

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