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April 7, 2025, 8:30 PM
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memeorandum
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| Samantha Subin / CNBC: |
Tech stocks teetered in volatile trading on April 7: AAPL closed down 3.67% and MSFT closed down 0.55%, while Alphabet, Amazon, Meta, and Nvidia closed up — Technology stocks teetered in volatile trading Monday as President Donald Trump stood by his sweeping global tariff plans following last week's devastating sell-off.
More: TechCrunch, CNBC, The Hill, Los Angeles Times, NBC News, New York Times, NPR, HuffPost, CNBC, CNET, Wall Street Journal, CNN, Reuters, Fox Business, and Bloomberg
Bluesky: @hunterwalk.com. X: @rapidresponse47, @vonderleyen, @tier10k, @atrupar, @deitaone, @deitaone, @deitaone, @thestalwart, @thestalwart, @atrupar, @chuckrossdc, @andrewyang, @byrnehobart, @sarahmillerdc, @morningbrew, @stockmktnewz, @hadas_gold, @thestalwart, @chuckrossdc, @abetrade, @samstein, @daveweigel, @danpolovina, @firstadopter, @cgasparino, @joepostingg, @thestalwart, @thestalwart, @deitaone, @deanwball, @themainewonk, @thestalwart, @phil_mattingly, @jackfarley96, @unusual_whales, @semaforben, @thestalwart, @mattzeitlin, @birdyword, @mattzeitlin, @atrupar, @alexwickham, @tyler, @danprimack, and @spencerhakimian. LinkedIn: Michael Christiansen
Forums: r/TheRaceTo10Million, r/economicCollapse, r/Destiny, r/StockMarket, r/Economics, and r/FluentInFinance
| Mauro Orru / Wall Street Journal: |
Chip stocks had a mixed Monday: Tokyo Electron, SK Hynix, Infineon, and Intel declined, while STMicro and Qualcomm posted gains — The rout underscores investor concerns that tariffs could lead to higher prices for chips and subdue demand — Global semiconductor stocks opened sharply lower on Monday … | 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 — Taiwan stocks plummeted almost 10% on Monday, the biggest one-day percentage fall on record, in the first trading since U.S. tariffs …
More: Benzinga, Tom's Hardware, Bloomberg, CNN, and Focus Taiwan
| 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: JPMorganChase, Popular Information, BBC, BBC, CNBC, TheStreet, CNN, Bloomberg, Wall Street Journal, Bloomberg, and Financial Times
Bluesky: @carlquintanilla and @lesliepicker
X: @djcows, @alexwickham, @levie, @wsteaks, @jyarow, @asvanevik, @henrysgao, @sonalibasak, @trump_repost, @mrmbrown, @gurgavin, @divestech, @djcows, @isabelletanlee, @birdyword, @dougboneparth, @mattbruenig, @bobeunlimited, and @thetranscript_. LinkedIn: Brett Hickey
| David Yaffe-Bellany / New York Times: |
More: CoinShares Research Blog, Wall Street Journal, Fortune, The Crypto Basic, and The Crypto Times
X: @bitcoinpierre, @rnr_0, @deedydas, @tier10k, @apompliano, @jacobkinge, and @choffstein
| Ben Berkowitz / Axios: |
More: CNBC, Sinocism, Daily Kos, FreightWaves, CNET, CryptoSlate, CoinGape, PCMag, GeekWire, The Crypto Times, and CryptoPotato
| Wall Street Journal: |
Sources: Apple plans to send more iPhones to the US from India to offset the China tariffs, but the situation is too uncertain to upend supply chain investments — Apple plans to send more iPhones to the U.S. from India to offset the high cost of China tariffs, people familiar with the matter said.
More: PYMNTS.com, AppleInsider, New York Post, iClarified, MacRumors, Quartz, Livemint, Seeking Alpha, Daily Mail, Philip Elmer‑DeWitt, Proactive, Sherwood News, The Economic Times, The Motley Fool, and Cult of Mac
Forums: r/technology and MacRumors Forums
| Times of India: |
Officials: Apple sent five planes full of iPhones and other products from India to the US in just three days in March's final week to avoid the US' 10% tariff — Apple transported five plane full of iPhones and other products from India to the US in just three days during the final week of March …
More: 9to5Mac, The Information, MacRumors, ZeroHedge News, Yahoo Finance, India Dispatch, WebProNews, PCMag, AppleInsider, iPhone in Canada Blog, Fortune, Tech in Asia, The Economic Times, and Financial Express
Bluesky: @raaleh and @chancemiller.me
X: @stillgray, @markgurman, @patrickmoorhead, and @edludlow
| Bloomberg: |
More: Wall Street Journal, AppleInsider, 9to5Mac, and iPhone in Canada Blog
| Megan Farokhmanesh / Wired: |
Nintendo of America President Doug Bowser says the company is “actively assessing” the impact of US tariffs, which “weren't factored into” its Switch 2 pricing — Nintendo of America president Doug Bowser tells WIRED the company is still figuring out how to address tariffs …
More: The Verge, Washington Post, CNBC, How-To Geek, GamesRadar, NPR, Wired, Business Insider, Tom's Guide, Game Developer, My Nintendo News, Comic Book, TechCrunch, Forbes, The Shortcut, KnowTechie, CNBC, Thurrott, Los Angeles Times, Eurogamer.net, TechSpot, Game Informer, Video Games Chronicle, TheGamer, and CNN
Bluesky: @danny.page, @megannicolett, @andrewrweb, @mims, @knoebel, @tomwarren.co.uk, @ericajoy.astrel.la, and @mgsiegler.com
X: @stealth40k, @wario64, @genki_jpn, @kylebrussell, @ballmatthew, @charlieintel, @stealth40k, and @genepark
Forums: r/nintendo, r/Switch, r/Switch, r/NintendoSwitch2, r/TwoBestFriendsPlay, r/videogames, and r/technology
| Logan Plant / IGN: |
More: Nintendo Life, Nintendo Life, IGN, Polygon, Ars Technica, Kotaku, CNET, VICE, Press Start, The Verge, Game Rant, GamesRadar, Gameranx, Screen Rant, MobileSyrup, Digital Trends, My Nintendo News, Pocket-lint, GoNintendo, Metro.co.uk, GameSpot, Engadget, Tech4Gamers, BGR, Mashable, TheGamer, Tom's Guide, and Gamereactor UK
Bluesky: @stealth40k, @megannicolett, @stealth40k, and @loganjplant
Forums: r/PiratedGames, r/technology, r/Games, r/mariokart, r/NintendoSwitch2, and r/Mario
| Kyle Wiggers / TechCrunch: |
Meta VP of Generative AI Ahmad Al-Dahle denies a rumor that the company trained Llama 4 Maverick and Scout on test sets, saying that Meta “would never do that” — A Meta exec on Monday denied a rumor that the company trained its new AI models to present well on specific benchmarks while concealing the models' weaknesses.
More: TechCrunch, VentureBeat, Marcus on AI, CNET, Hugging Face, Interconnects, KnowTechie, Shelly Palmer, Android Headlines, The Decoder, Ghacks, TechRepublic, Tony Peng on Substack, InfoQ, GreenBot, and Silicon Republic
Bluesky: @quinnypig.com. X: @ahmad_al_dahle, @paulgauthier, @thexeophon, @artificialanlys, @lmarena_ai, @suchenzang, @zimmskal, @chasebrowe32432, @burkov, @emollick, @suchenzang, @suchenzang, @techdevnotes, @minchoi, @yacinemtb, @chris_j_paxton, @yuchenj_uw, @vibagor44145276, @abcampbell, @natolambert, @kimmonismus, @natolambert, @natolambert, @kimmonismus, @ylecun, @omarsar0, @eliza_luth, @wzhao_nlp, @natolambert, @joshclemm, and @hu_yifei
Forums: r/LocalLLaMA, r/LocalLLaMA, r/LocalLLaMA, and r/LocalLLaMA
| Matthew Gault / 404 Media: |
Framework pauses sales of its six lowest-priced laptops in the US, saying the models would sell at a loss due to the 10% tariff that went into effect on April 5 — Framework—a company that makes upgradeable and repairable laptops—has said it will pause sales on several versions …
More: SFGATE, XDA Developers, Ars Technica, Engadget, PCMag, The Verge, and BetaNews
Bluesky: @josephcox, @mcmillen.dev, @mjgault, @ernie.tedium.co, and @dempseypaul
| Sam Tobin / Reuters: |
Filing: the UK Investigatory Powers Tribunal confirms Apple is appealing against a UK order to create an encryption backdoor, 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: TechCrunch, UK Investigatory Powers Tribunal, Bloomberg, CNBC, The Verge, BBC, Metacurity, iTnews, Financial Times, The Standard, Channel NewsAsia, Associated Press, The Record, GuruFocus, Cult of Mac, Neowin, WinBuzzer, AppleInsider, Reclaim The Net, The Register, The Guardian, WebProNews, Business Insider, 9to5Mac, Open Rights Group, and MacRumors
X: @matthew_d_green, @openrightsgroup, @bigbrotherwatch, @rebecca_vincent, @openrightsgroup, @indexcensorship, @lordstras, @adamwagner1, and @judiciaryuk
Forums: r/apple and MacRumors Forums
| Jaspreet Singh / Reuters: |
Broadcom announces a new share buyback program of up to $10B, set to run through the end of 2025; AVGO jumps 3%+ after hours, after closing up 5.37% on April 7 — Broadcom (AVGO.O) said on Monday it was launching a new share buyback program of up to $10 billion through December 31.| Annie Palmer / CNBC: |
Memo to staff: Shopify's CEO says using AI is now a “fundamental expectation” and that teams asking for more resources must first show why AI can't do the job — Shopify CEO Tobi Lutke is changing his company's approach to hiring in the age of artificial intelligence.
More: The Verge, TechCrunch, PYMNTS.com, The Information, and Fast Company
Bluesky: @milesmcbain, @kateviolette.com, @jesseltaylor, @grimalkina, and @quinnypig.com
X: @tobi, @aravsrinivas, @bobbyong, @burkov, @gregisenberg, and @kevinweil
Forums: r/technology and r/antiwork
| Ryan Whitwam / Ars Technica: |
Google rolls out Search's AI Mode feature to millions more Labs users in the US with multimodal capabilities, letting users ask complex questions about pictures — Google started cramming AI features into search in 2024, but last month marked an escalation.| Vallari Srivastava / Reuters: |
Infineon agrees to acquire Marvell's Automotive Ethernet business, expected to generate $225M to $250M in 2025 revenue, for ~$2.5B in cash, set to close in 2025 — German chipmaker Infineon Technologies (IFXGn.DE) said on Monday it would buy Marvell Technology's (MRVL.O) … | Bloomberg: |
Publishers say site traffic has plummeted since Google rolled out AI Overviews; sources: Google acknowledged the drop in an October 2024 meeting with publishers — In March 2024, website owner Morgan McBride was posing for photos in her half-renovated kitchen for a Google ad celebrating … | 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: TechCrunch, MobileSyrup, SiliconANGLE, Neowin, PYMNTS.com, New York Post, 9to5Mac, The Decoder, Observer, Patently Apple, BGR, PhoneArena, and CNET
Bluesky: @vcarchidi. X: @silvermanjacob, @andrewcurran_, @andrewcurran_, @btibor91, and @steph_palazzolo. LinkedIn: Scott Griffiths. Forums: MacRumors Forums
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