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Techmeme
April 10, 2025, 11:05 AM

Top News

Dan Mangan / CNBC:
President Trump pauses tariffs on most countries for 90 days, setting a 10% “lowered Reciprocal Tariff”, and sets 125% tariffs on China “effective immediately”  —  - President Donald Trump announced a 90-day pause on the full effect of his new tariffs for at least some countries.
More: New York Times, Yahoo Finance, 9to5Mac, NBC News, The Irish Times, AppleInsider, Time, Reuters, Axios, Benzinga, Blockonomi, Cointelegraph, Foreign Affairs, One America News Network, CNN, Hardcore Software, Liliputing, 9to5Mac, The Block, Fortune, CNBC, Fortune, Bloomberg, Bloomberg, and 9to5Mac
Samantha Subin / CNBC:
The Nasdaq jumped 12%+ after Trump paused tariffs for 90 days; Nvidia closed up 18.7%, Apple 15.5%, Meta 14.8%, Amazon 12%, Microsoft 10.1%, and Alphabet 9.9%  —  The Nasdaq Composite climbed more than 12% for its second best day ever as markets clawed back after a rocky few trading sessions spurred …
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:
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 …
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 …
Sarah Perez / TechCrunch:
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 …
Lorenzo Franceschi-Bicchierai / TechCrunch:
US court document: NSO Group's Pegasus was used to target 1,223 WhatsApp users in 51 countries in a 2019 attack; Mexico led with 456 victims and India had 100  —  NSO Group's notorious spyware Pegasus was used to target 1,223 WhatsApp users in 51 different countries during a 2019 hacking campaign, according to a new court document.
Vas Panagiotopoulos / Wired:
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 …
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 …
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.
Alexey Shabanov / TestingCatalog:
Bloomberg:
Will Knight / Wired:
Q&A with CMU professor and OpenAI board member Zico Kolter on CMU's partnership with Google, the dangers of AI agents interacting with one another, and more  —  Zico Kolter, a Carnegie Mellon professor and board member at OpenAI, tells WIRED about the dangers of AI agents interacting with one another …
Alex Weprin / The Hollywood Reporter:
In an interview with Meta CTO Andrew Bosworth, James Cameron says he is cautiously optimistic about generative AI's role in filmmaking, including cutting costs  —  In an interview with Meta CTO Andrew Bosworth, the filmmaker weighs in on Stability AI and VFX, “in the style of” prompts …
Julie Bort / TechCrunch:
Artisan, which is building AI sales development representatives, raised a $25M Series A led by Glade Brook Capital, after raising $12M in September 2024  —  It's been a tough but exciting year for 23-year-old Jaspar Carmichael-Jack, founder and CEO of AI sales agent startup Artisan.
More: FinSMEs
Sarah Wynn / The Block:
Block reaches a $40M settlement with NYDFS for critical gaps in its AML program, particularly concerning 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 as well as insufficient customer due diligence, NYDFS said.
More: Decrypt and Reuters

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