Techmeme
April 10, 2025, 1:30 PM

Top News

CNBC:
The Nasdaq falls 6%+, with Apple down 7%+, Nvidia down 8%+, and Meta down 7%+, as the White House confirms that Trump's tariffs on China now total 145%  —  Stocks fell Thursday, giving back half of the gains from the historic rally seen in the previous session after President Donald Trump announced …
More: CNBC, NBC News, New York Times, 9to5Mac, Axios, BBC, UPI, CNN, AppleInsider, CNBC, Proactive, Protos, Forbes, Macworld, Time, Yahoo Finance, TechRadar, Blockonomi, Benzinga, Cointelegraph, The Irish Times, and Deutsche Welle
Reuters:
Sources: Apple chartered cargo flights to ferry 600 tons of iPhones, or up to 1.5M units, to the US from India; a source says Apple “wanted to beat the tariff”  —  Tech giant Apple chartered cargo flights to ferry 600 tons of iPhones, or as many as 1.5 million …
Bloomberg:
Trump's 90-day tariff pause gives Nintendo, whose stock closed up 11.7% on April 10, time to prep the Switch 2's US launch on June 5 and lifts pricing pressure  —  For now.  —  The 90-day reprieve on heightened tariffs for most US trading partners gives the Japanese company a chance to ramp …
Dylan Patel / SemiAnalysis:
Wayne Ma / The Information:
A look at the internal chaos behind Apple's Siri failure, in part due to poor leadership, with John Giannandrea's AI/ML group dubbed “AIMLess” internally  —  Last June, at Apple's annual developers conference, the company offered a dazzling demonstration of how artificial intelligence …
Emanuel Maiberg / 404 Media:
Meta says LLMs have historically leaned left and wants to remove that bias with Llama 4 to “understand and articulate both sides of a contentious issue”  —  Bias in artificial intelligence systems, or the fact that large language models, facial recognition, and AI image generators …
David DiMolfetta / Nextgov/FCW:
President Trump directs the DOJ to investigate former CISA Director Chris Krebs, who Trump fired for contradicting Trump's baseless 2020 election fraud claims  —  President Donald Trump signed an executive order Wednesday night directing the Justice Department to investigate former top …
Bloomberg:
IEA:
Data centers' global electricity demand could jump 100%+ to ~945TWh by 2030, and data centers are set to account for nearly 50% of US electricity demand growth  —  Major new IEA report brings groundbreaking data and analysis to one of the most pressing and least understood energy issues today …
Jesse Hamilton / CoinDesk:
The US Senate confirms former SEC Commissioner Paul Atkins as SEC chair, succeeding Gary Gensler; Atkins is widely expected to support crypto-friendly policies  —  Paul Atkins is just one oath away from taking over the U.S. Securities and Exchange Commission as President Donald Trump's pick …
Sarah Wynn / The Block:
Block reaches a $40M settlement with NYDFS for “critical gaps” in its anti-money laundering program, including risk-based controls and customer due diligence  —  - Block, Inc. had AML gaps including failing to have risk-based controls to prevent money laundering and illicit activity …
Taryn Plumb / VentureBeat:
Google introduces Firebase Studio, an AI-powered IDE that lets developers create custom mobile and web apps, APIs, backends, and frontends in their browser  —  Google has heated up the app-building space, today rolling out a generative AI-powered end-to-end app platform that allows users to create custom apps in minutes.
Anna Tong / Reuters:
OpenAI countersues Elon Musk, claiming harassment and asking a US federal judge to stop Musk from any further attacks in the case over OpenAI's future structure  —  OpenAI countersued Elon Musk on Wednesday, citing a pattern of harassment by Musk and asking a federal judge to stop Musk from any …
Matt Horne / Android Authority:
The OnePlus Watch 3 launches in the US after it was pulled to fix the “Meda in China” typo, but for $500, up from $330 OnePlus had previously announced  —  OnePlus has refused to comment, but new 125% tariffs on the country where the device is made might be a big clue.  —  •
Barbara Ortutay / Associated Press:
Senate testimony: Sarah Wynn-Williams alleges that Meta briefed China on US AI efforts, “ignored warnings” on China potentially accessing US user data, and more  —  Former Facebook executive Sarah Wynn-Williams testified before the Senate Judiciary Committee Wednesday …
Ben Bergman / Business Insider:
Maxwell Zeff / TechCrunch:
OpenAI updates ChatGPT with a memory feature that references past chats for answers, rolling out to ChatGPT Pro and Plus subscribers, but not in the UK and EEA  —  OpenAI announced on Thursday that it's starting to roll out a new memory feature in ChatGPT that allows the chatbot to tailor …

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Earlier Picks

Lorenzo Franceschi-Bicchierai / TechCrunch: