Techmeme
April 4, 2025, 2:00 AM

Top News

Qianer Liu / The Information:
Sources: Intel and TSMC have reached a preliminary agreement to form a joint venture that will operate Intel's chipmaking facilities; TSMC will take a 20% stake  —  Intel's financial crisis may be over—with support from its biggest rival.  —  Executives from Intel and Taiwan Semiconductor …
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, Bloomberg, The White House, Marcus on AI, Wired, Mashable, Patently Apple, Cryptopolitan, Yahoo Finance, New York Times, Futurism, Kotaku, The Crypto Basic, Deadline, ZDNET, Wall Street Pit, AIN, Fortune, MEDIANAMA, The Register, New Jersey Online, Bloomberg, Polymarket, The Hill, Channel News, PCMag, The Verge, TipRanks Financial, AppleInsider, The Verge, NBC News, United States Trade …, New York Times, Bloomberg, Watcher Guru, and Bloomberg
Annmarie Hordern / Bloomberg:
President Trump reiterates he's open to tariff relief for China if it approves the sale of TikTok's US operations; the app faces an April 5 divestment deadline  —  President Donald Trump said he was open to reducing his tariffs if other nations were able to offer something “phenomenal,” …
Euractiv:
Adam Satariano / New York Times:
Sources: the EU is preparing to penalize X this summer for breaking the DSA, including via product change demands and a fine that a source says could be $1B+  —  European regulators are considering fining X more than $1 billion, after weighing the risks of further antagonizing Mr. Musk and President Trump.
Will Oremus / Washington Post:
An increasingly vocal contingent of GOP leaders, some of whom attended Y Combinator's Little Tech Competition Summit, call for antitrust action against Big Tech  —  Just now  —  The Washington Post's essential guide to tech policy news  —  Happy Thursday!
Michael Nuñez / VentureBeat:
OpenAI makes ChatGPT Plus free for college students in the US and Canada until the end of May 2025, intensifying competition with Anthropic in higher education  —  OpenAI has made its premium ChatGPT Plus subscription free for all college students in the United States and Canada through the end of May …
Emma Roth / The Verge:
Amazon is testing a “Buy for Me” button powered by agentic AI that will let users purchase products from third-party websites without leaving Amazon's app  —  Amazon wants to use agentic AI to provide third-party websites with your payment information and shipping details.
Jake Bleiberg / Bloomberg:
Sources: Oracle told some clients this week that a hacker 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
Umar Shakir / The Verge:
Matthias Bastian / The Decoder:
Google DeepMind outlines its approach to AGI safety in four key risk areas: misuse, misalignment, mistakes, and structural risks, with a focus on the first two  —  Google Deepmind has published a comprehensive strategy paper detailing its approach to developing safe artificial general intelligence (AGI).
Jay Peters / The Verge:
Nvidia says its custom processor for Nintendo's Switch 2 has a GPU with “dedicated RT Cores and Tensor Cores”, enabling real-time ray tracing and DLSS upscaling  —  Nintendo hasn't revealed the full Switch 2 specs, but Nvidia is providing a few more details about the power of this new console.
Samuel Stolton / Bloomberg:
Sources: Ireland's DPC will fine TikTok €500M+ before the end of April for illegally shipping European users' data to China, after a lengthy GDPR investigation  —  The penalty is likely to be the third highest ever penalty under the GDPR following earlier fines of €1.2 billion …
Tanaya Macheel / CNBC:
BTC fell 5% to ~$81K, ETH dropped 7%, and SOL fell 13% after Trump unveiled new tariffs; Coinbase closed down 6.7% and Michael Saylor's Strategy fell 9.7%  —  Bitcoin and other cryptocurrencies were under pressure Thursday after President Donald Trump's big tariffs reveal jolted the stock market.
Ryan Weeks / Bloomberg:
Filipe Espósito / 9to5Mac:
Report: Brazil's antitrust regulator is investigating Apple over ATT, saying Apple collects user data “under more favorable conditions”, after Meta complained  —  As we have reported in recent months, Apple has been facing scrutiny in Brazil over accusations of anti-competitive practices with the App Store.

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