Techmeme
April 4, 2025, 2:20 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.
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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.
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 …
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!
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 …
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.
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:

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