Techmeme: Analysis: TikTok's algorithm actively promotes child begging livestreams and TikTok profits from the content, with an up to 70% cut, despite anti-begging rules (Shanti Das/The Guardian)

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April 7, 2025, 10:10 AM

Top News

Samantha Subin / CNBC:

US tech stocks fall for a third session after Trump's tariffs as markets open: Apple and Tesla drop 5%+, while Meta, Amazon, Microsoft, and Alphabet fall ~1% — Technology stocks fell for a third session on Monday, continuing the momentum of last week's devastating selloff …

More: CNBC, New York Times, CNBC, CNN, Reuters, Fox Business, Bloomberg, Cryptopolitan, The Boston Globe, and CBS News

Bluesky: @hunterwalk.com. X: @andrewyang, @vonderleyen, @spencerhakimian, @jackfarley96, @mattzeitlin, @cgasparino, @stockmktnewz, @thestalwart, @atrupar, @themainewonk, @thestalwart, @samstein, @alexwickham, @morningbrew, @atrupar, @danprimack, @thestalwart, and @birdyword

Vlad Savov / Bloomberg:

Nintendo's and Sony's stocks closed down 7.85% and 10.04% on April 7 amid a Japan selloff driven by US tariffs; most Switches are assembled in China and Vietnam — Nintendo, fresh off the announcement of its pivotal next-generation Switch 2 console, is particularly vulnerable …

More: BBC, BBC, Popular Information, JPMorganChase, CNBC, CNN, Bloomberg, Wall Street Journal, Financial Times, Bloomberg, Push Square, and Times of India

Bluesky: @megannicolett. X: @trump_repost, @djcows, @dougboneparth, @mrmbrown, @henrysgao, @mattbruenig, @wsteaks, @jyarow, @isabelletanlee, @gurgavin, @alexwickham, @thetranscript_, @levie, @divestech, @asvanevik, @birdyword, @bobeunlimited, and @sonalibasak

Forums: r/taiwan, r/anime_titties, r/unusual_whales, r/GlobalNews, r/NoShitSherlock, r/IndianStreetBets, r/stocks, r/worldnews, r/stocks, r/Economics, and r/inflation

David Yaffe-Bellany / New York Times:

Bitcoin is down 10%+ to ~$76K after President Trump's global tariffs, far below its record price of nearly $110K on Trump's inauguration on January 20, 2025 — The rapid drop shows that cryptocurrencies, which the president has promoted, are subject to the same market gyrations as any other risky asset.

More: Decrypt, CoinShares Research Blog, The Economic Times, The Block, DL News, Coinpedia Fintech News, and Times of India

X: @tier10k, @rnr_0, @apompliano, @bitcoinpierre, @deedydas, @jacobkinge, @choffstein, and @tyler

Mauro Orru / Wall Street Journal:

Global chip stocks drop as the US tariff rout on markets intensifies, extending last week's losses; Nvidia, Intel, ASML, SK Hynix, Infineon, and STMicro fall — The rout underscores investor concerns that tariffs could lead to higher prices for chips and subdue demand

More: Wall Street Journal and New York Times

See also Mediagazer

Megan Farokhmanesh / Wired:

Nintendo of America President Doug Bowser says the company is “actively assessing” the impact of US tariffs, and they “weren't factored into” Switch 2 pricing — Nintendo of America president Doug Bowser tells WIRED the company is still figuring out how to address tariffs …

More: The Verge, CNN, TheGamer, Washington Post, CNBC, Los Angeles Times, and Eurogamer.net

Bluesky: @danny.page, @mgsiegler.com, @megannicolett, and @andrewrweb

X: @wario64, @stealth40k, @stealth40k, @genepark, @charlieintel, and @kylebrussell

Reuters:

TSMC's and Foxconn's stocks closed down 9.98% and 9.77% on April 7 as US tariffs roil global supply chains; the US' 32% tariff on Taiwan is among Asia's highest

More: Benzinga, Bloomberg, CNN, The Crypto Basic, Focus Taiwan, Decrypt, KVIA-TV, Tech in Asia, and DigiTimes

X: @sunnyright, @typesfast, and @mat_sherman. Forums: r/taiwan

Sam Tobin / Reuters:

Filing: the UK Investigatory Powers Tribunal confirms Apple is appealing against a UK order to create an encryption “back door”, and says the case can be public — Apple (AAPL.O) is appealing against a British government order to create a “back door” to its encrypted cloud storage systems …

More: The Verge, Bloomberg, BBC, The Record, Business Insider, The Standard, The Register, 9to5Mac, AppleInsider, UK Investigatory Powers Tribunal, MacRumors, Financial Times, Open Rights Group, and Patently Apple

Mastodon: @openrightsgroup@social … and @alexhaydock@infosec.exchange

X: @judiciaryuk and @adamwagner1

Forums: r/apple and MacRumors Forums

The Information:

Sources: in recent weeks, OpenAI discussed acquiring io Products, a startup Sam Altman has been working on with Jony Ive to develop an AI device, for $500M+ — OpenAI in recent weeks discussed acquiring a startup its CEO Sam Altman has been working on with ex-Apple designer Jony Ive's studio …

More: 9to5Mac, AppleInsider, TechCrunch, MacRumors, and WinBuzzer

Bluesky: @vcarchidi. X: @steph_palazzolo, @andrewcurran_, and @btibor91. Forums: MacRumors Forums

Will Knight / Wired:

Stanford's 2025 AI index: China files more AI patents than the US, but US companies produced 40 frontier models, compared to 15 from China and three from Europe — New research from Stanford suggests artificial intelligence isn't ruled by just OpenAI and Google, as competition increases across the US, China, and France.

More: Stanford HAI, International Business Times, Tech Brew, SiliconANGLE, Business Standard, Nature, Business Wire, and Axios

Mathieu Pollet / Politico:

Huawei says it “terminated the employment of two individuals” on April 1 and suspended a third on April 2 for their alleged involvement in EU political bribery — BRUSSELS — Huawei has fired two employees and suspended a third for their alleged involvement in a bribery investigation surrounding …

More: Fox News

Jordan Novet / CNBC:

Microsoft AI CEO Mustafa Suleyman says an “off-frontier” strategy of building models “three or six months behind” cuts costs and helps focus on some use cases — Microsoft owns lots of Nvidia graphics processing units, but it isn't using them to develop state-of-the-art artificial intelligence models.

More: Windows Central, Digital Trends, Guru3D, and TestingCatalog

Reuters:

Chinese media outlet Caijing: Microsoft's joint venture Wicresoft will cease its China operations from April 8 after stopping outsourcing after-sales support — Microsoft's (MSFT.O) joint venture Wicresoft will cease its China operations from Tuesday, a move that will lead to the layoff …

More: South China Morning Post, Pandaily, and Tech in Asia

Rachel Metz / Bloomberg:

Source: AI coding startup Cursor, which has helped permeate “vibe coding”, hit 1M+ DAUs in March 2025, driven largely by word-of-mouth growth — Word-of-mouth growth has helped turn a 60-person startup into one of the early hits of the generative AI era.

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The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Ted Johnson / Deadline:

After CBS aired two 60 Minutes segments, Trump calls on CBS to lose its license and asks FCC Chairman Brendan Carr to “impose the maximum fines and punishment”

Andrew Marchand / New York Times:

Sources: College GameDay host Rece Davis agreed to a new seven-year deal worth tens of millions to stay with ESPN, after being heavily pursued by Fox Sports

Lucas Shaw / Bloomberg:

Less than a week before A Minecraft Movie had a $160M+ opening weekend in the US and Canada, experts projected ~$65M, following four high profile misses in 2024

More News

Katie Roof / Bloomberg:

SignalFire raised a $1B+ fund to bet on early-stage AI startups, taking its AUM to $3B, and plans to use AI to spot market trends to help portfolio companies

More: San Francisco Business Times and TechCrunch

Philip Stafford / Financial Times:

Tether CEO Paolo Ardoino says the company is involved in discussions about US rules on stablecoins, and may offer a US-only coin depending on new US regulations

More: PYMNTS.com, CoinDesk, CoinGape, The Coin Republic, crypto.news, Bloomberg, Tech in Asia, and Breitbart

Jamie Friedlander Serrano / Washington Post:

AI is aiding radiologists with tools like tumor-detection algorithms; 75%+ of AI software cleared by the US FDA for medical use is designed to support radiology

Bluesky: @lauridonahue. X: @christinayiotis

Matteo Wong / The Atlantic:

A look at the ARC-AGI exam designed by French computer scientist François Chollet to show the gulf between AI models' memorized answers and “fluid intelligence”

Jon Ungoed-Thomas / The Guardian:

The UK bans hidden fees imposed by online businesses as well as the use or commissioning of fake reviews, effective April 6, with compliance enforced by the CMA

More: The Sun, Metro.co.uk, and GOV.UK

Bluesky: @emilprotalinski. X: @biztradegovuk. Forums: Hacker News, r/ukpolitics, r/worldnews, and r/UpliftingNews

Ryan Browne / CNBC:

Paris-based Pennylane, which makes cloud-based accounting software for SMBs, raised €75M, doubling its valuation to €2B, led by Sequoia, CapitalG, and Meritech

More: Sifted, Silicon Canals, and Tech in Asia

Mayank Parmar / BleepingComputer:

Sources and an APK teardown: OpenAI is testing watermarks for images generated via ChatGPT's free account; whether OpenAI rolls the feature out is unclear

More: Tech Monitor, Digital Trends, Moneycontrol, and WinBuzzer

Bluesky: @badinternet.oracularhades.com, @cdgoldstein …, @sethpartnow, and @edzitron.com. Threads: @camwilsonreporter. X: @btibor91. Forums: r/technology

Earlier Picks

Shanti Das / The Guardian:

Analysis: TikTok's algorithm actively promotes child begging livestreams and TikTok profits from the content, with an up to 70% cut, despite anti-begging rules

Bluesky: @frankpasquale

Brendan Bordelon / Politico:

Lina Khan, Steve Bannon, and others worry the FTC could abandon its Meta antitrust case after Zuckerberg's concessions to Trump; the trial is set for April 14

More: Yahoo Finance and CourtListener

Bluesky: @yappydagger, @thereal-jaime, @kint, @kint, @kint, @kint, @kint, and @radiofreeflorida. Forums: r/politics

Mark Gurman / Bloomberg:

Sources: Apple is keeping TikTok and other ByteDance apps on its US App Store for at least another 75 days, following assurances from Attorney General Pam Bondi

More: AppleInsider, Neowin, Tech in Asia, Cryptopolitan, PYMNTS.com, CNBC, Universul.net, and PhoneArena

Bluesky: @ontopofthe. X: @markgurman

Jennifer Pattison Tuohy / The Verge:

Z-Wave, popular among smart home enthusiasts, becomes an open-source protocol with a new long-range technology as it seeks Matter support to avoid obsolescence

Bluesky: @reckless

Mark Gurman / Bloomberg:

How Apple may adjust to the US tariffs; sources say the iPhone 17 Pro's camera panel will span the width of the phone and will be the same color as the device

Tom Warren / The Verge:

Microsoft unveils a demo of Quake II generated using its Muse AI model, with limited playability in a browser, as part of the company's Copilot for Gaming push

More: Livemint, Video Games Chronicle, Microsoft Copilot, BetaNews, Business Standard, 80 Level, PC Gamer, Microsoft Research, TechCrunch, PCMag, Blue's News, and WinBuzzer

Mastodon: @harrymccracken@mastodon … and @glinden@sigmoid.social

X: @haiyan, @geoffkeighley, @manfightdragon, @gmanlives, @adam76511able, @katjahofmann, @commentiquette, @georgecrudo, @inkling05_, @haiyan, @haiyan, @rosanagashi, and @tomwarren

Forums: r/technology, r/accelerate, r/technews, r/quake, Beehaw, and Slashdot