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April 4, 2025, 3:20 PM
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| Wall Street Journal: |
Sources: Klarna has halted its planned IPO in the wake of Trump's tariffs turmoil; StubHub has also delayed its IPO plans — Klarna, the specialty lending and online payments provider, has halted its planned initial public offering, the latest IPO casualty in the wake of Trump administration's sweeping tariff announcement.
More: 404 Media, Wall Street Journal, The Independent, Benzinga, PYMNTS.com, The Block, PitchBook, Bloomberg, Business Insider, Investor's Business Daily, TechCrunch, SiliconANGLE, Finextra, Reuters, Forbes, The Wrap, CNBC, Columbus Business Journal, Financial Times, Cointelegraph, The Hollywood Reporter, crypto.news, Yahoo Finance, and Proactive
Bluesky: @adashtra, @jhoward, @marypcbuk, @jasonkoebler.mastodon …, and @fack. Mastodon: @alexhall@mastodon.social
X: @mikeisaac, @mgsiegler, @davemcclure, @mattyglesias, @danprimack, and @chrisfralic
LinkedIn: Hunter Walk, Chris Levy, and Dylan Jones
Forums: r/politics, r/technology, r/LeopardsAteMyFace, r/esist, and r/wallstreetbets
| Reuters: |
China places export restrictions on key rare earth elements as part of its response to President Trump's tariffs and an extra 34% retaliatory tariff on US goods — China placed some rare earth elements under export restrictions on Friday as part of its sweeping response …
More: Computerworld, Benzinga, MacRumors, Reuters, CNBC, RedState, CNN, Transport Topics, CryptoSlate, and CryptoPotato
| Mike Isaac / New York Times: |
Trump's tariffs may reduce ad spending on Meta platforms, which rely heavily on SMBs globally; 10% of Meta's 2023 revenue was from Chinese advertisers like Temu — Meta, which owns Facebook, Instagram and WhatsApp, would not seem to be in the line of fire from tariffs.
More: Benzinga, Business Insider, The Media Leader, and Wall Street Journal
| Asa Fitch / Wall Street Journal: |
Despite a tariff exemption on direct chip imports for now, the semiconductor industry faces challenges as higher prices for end products may hurt demand — Higher prices for the many products that contain chips threaten to hit demand — It sounded like a welcome reprieve.
More: The Verge, Gizmodo, Tom's Hardware, Quartz, The Motley Fool, and New York Times. LinkedIn: Martijn Rasser
| Emma Roth / The Verge: |
Nintendo delays Switch 2 preorders that were set for April 9 due to concerns about Trump's tariffs but the June 5 launch date remains unchanged — Nintendo says preorders will no longer start on April 9th, but the console's June 5th release date is unchanged.
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Mastodon: @bradlinder@fosstodon.org and @mattsheffield@mastodon.social
| Jonathan Vanian / CNBC: |
Trump says he will sign an EO to keep TikTok running for an additional 75 days, as a deal “requires more work to ensure all necessary approvals are signed” — President Donald Trump on Friday extended a deadline requiring China-based ByteDance to sell the U.S. operations of TikTok …
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Bluesky: @dylanreeve.com, @lazear, @xhangover, @ecowen, and @caseynewton. Truth Social: @realDonaldTrump …
X: @alexweprin, @hadas_gold, @hadas_gold, @rakeshsfnyc, @pkafka, @danprimack, @brianstelter, @teroterotero, @josh_wingrove, @hadas_gold, @selinawangtv, and @selinawangtv
Forums: r/StockMarket, r/politics, and r/technology
| Annmarie Hordern / Bloomberg: |
President Trump reiterates he's open to tariff relief for China if it approves the sale of TikTok's US operations — President Donald Trump said he was open to reducing his tariffs if other nations were able to offer something “phenomenal,” indicating that the White House was open …
More: South China Morning Post, Platformer, Deadline, Semafor, Chain Store Age, The Guardian, Business Insider, UNILAD, Financial Times, CBS News, CNN, NBC News, Proactive, and CNBC
Forums: r/VietNam, r/canada, r/Economics, and r/politics
| Dominic Preston / The Verge: |
Microsoft Copilot adds support for memory, personalization, web-based actions, podcast creation, camera and screen analysis, deep research, and more — The AI assistant adds personalization, web actions, podcast creation, and more. … As it marks its 50th anniversary …
More: Microsoft, TechCrunch, Bing Blogs, XDA Developers, Tom's Hardware, Bloomberg, PCWorld, GeekWire, PCMag, Windows Central, Thurrott, Neowin, Quartz, Beebom, The Decoder, and Tom's Guide
Bluesky: @tomwarren.co.uk and @mustafasuleymanai
X: @lanceulanoff, @mattmday, @copilot, and @tomwarren
| Washington Post: |
US officials say NSA director and Cyber Command head Timothy Haugh was fired on April 3, along with his civilian deputy Wendy Noble and at least five aides — The director of the NSA, the powerful wiretapping and cyber espionage service, was fired Thursday, according to U.S. officials. — just now
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| Pew Research Center: |
Survey: 35% of US adults say they think AI's impact on the US will be negative over the next 20 years, while 56% of AI experts say AI's impact will be positive — The public and experts are far apart in their enthusiasm and predictions for AI. But they share similar views in wanting …
More: Ars Technica and CNET
Bluesky: @seosavvyagent.com, @mazen-elba, @emilprotalinski, and @itislaura. Mastodon: @pitchaya@mastodon.social
Forums: r/artificial, r/singularity, r/technology, and Ars OpenForum
| Kyle Wiggers / TechCrunch: |
Sam Altman says OpenAI plans to release o3 and o4-mini “after all” and GPT-5 “in a few months”, citing challenges in “smoothly integrating everything” — After effectively cancelling the consumer release of its o3 reasoning model, OpenAI now says that it plans …
More: Inc, Benzinga, Decrypt, Yahoo Finance, The Decoder, The Algorithmic Bridge, iClarified, and BGR
| Kyle Wiggers / TechCrunch: |
Midjourney debuts V7 in alpha, its first new AI image model in nearly a year with a “totally different architecture”, a week after OpenAI's new image generator — Midjourney, one of the first AI-based image generators on the web, has released its first new AI image model in nearly a year.
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X: @davidsholz, @midjourney, @thexeophon, @aliejules, @hbcoop_, and @javilopen. Forums: r/singularity
| Kalley Huang / The Information: |
Sources: Meta aims to launch Llama 4 later in April after pushing back its release at least twice due to benchmark underperformance in reasoning and math tasks — Last spring, Meta Platforms was on a tear. It had just released Llama 3, a new generation of its large language model … | Maxwell Zeff / TechCrunch: |
Google releases API pricing for Gemini 2.5 Pro: $1.25 per 1M input tokens and $10 for 1M output tokens for prompts up to 200K tokens, its priciest model yet — On Friday, Google released API pricing for Gemini 2.5 Pro, an AI reasoning model with industry-leading performance on several benchmarks measuring coding, reasoning, and math.| Foreign Affairs: |
By embracing Trump, Big Tech risks losing access to Europe, pushing Europe to build its own companies and platforms as Chinese companies try to expand to Europe — How Silicon Valley Got Entangled in Geopolitics—and Lost — Technology companies such as Alphabet, Meta, and OpenAI need to wake up to an unpleasant reality.
More: Cautious Optimism. Bluesky: @ianpkearns, @abenewman, @himself, @himself, @himself, @himself, @foreignaffairs.com, @justinhendrix, and @adfichter. Mastodon: @1br0wn@eupolicy.social
| Ben Weiss / Fortune: |
Codex, which is building a blockchain for stablecoins, raised a $15.8M seed led by Dragonfly, with Coinbase, Circle, and others participating — Stablecoins, or cryptocurrencies pegged to fiat currencies like the U.S. dollar, are all the buzz in crypto. After fintech giant Stripe acquired …
More: The Block, Cointelegraph, and NFTgators
| Kyle Wiggers / TechCrunch: |
GitHub announces “premium requests” for GitHub Copilot, a new system that imposes rate limits when users switch from the base GPT-4o to other AI models — GitHub Copilot, Microsoft-owned GitHub's AI coding assistant, could soon become costlier for some users.
More: The GitHub Blog and Developer Tech News
| Financial Times: |
The Meta antitrust case is the first big test of President Trump's FTC and its chair Andrew Ferguson, a Big Tech critic; Meta seems to be exploring a settlement — Mark Zuckerberg steps up lobbying effort with antitrust regulator set to signal its approach to Big TechSponsor Posts
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