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April 11, 2025, 12:35 AM
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Top News

Samantha Subin / CNBC:
The Nasdaq closes down 4%, with Meta down 7%, Nvidia down 6%, Amazon down 5%, and Apple down 4%, as the White House says Trump's tariffs on China now total 145%  —  Technology stocks plummeted Thursday and the Nasdaq Composite dropped 4% on the heels of its record-setting session.
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”
Dylan Patel / SemiAnalysis:
A deep dive into what Trump's Liberation Day tariffs mean for AI infrastructure: how the tariffs work, the USMCA's GPU loophole, GPU/XPU global trade, and more
Maxwell Zeff / TechCrunch:
OpenAI rolls out a ChatGPT memory feature that references past chats for answers, starting with ChatGPT Pro and Plus subscribers, but not in the UK and the EEA  —  OpenAI announced on Thursday that it's starting to roll out a new memory feature in ChatGPT that allows the chatbot to tailor …
Reuters:
The cybersecurity industry is quiet after Trump canceled SentinelOne's security clearances on April 9 for hiring Chris Krebs; SentinelOne says it will cooperate  —  The cybersecurity industry has gone mostly quiet after President Donald Trump took action against one of its prominent members.
Charles Rollet / TechCrunch:
The DOJ charges AI shopping app Nate's ex-CEO, Albert Saniger, with fraud, alleging the app relies heavily on workers in the Philippines; Nate had raised $50M+  —  Albert Saniger, the founder and former CEO of Nate, an AI shopping app that promised a “universal” checkout experience …
Vikki Blake / GamesIndustry.biz:
The UK's home secretary criticizes Steam for hosting No Mercy, a game with sexual violence, rape, and incest; Steam removed it in the UK, Australia, and Canada  —  UPDATE: The game has been removed from Steam in the UK, Australia, and Canada  —  CW: This story contains references …
Dustin Volz / Wall Street Journal:
Sources: Chinese officials acknowledged in a secret December 2024 meeting that China was behind the Volt Typhoon hacks, tying them to the US' support for Taiwan  —  A senior Chinese official linked intrusions to escalating U.S. support for Taiwan  —  WASHINGTON—Chinese officials acknowledged …
Ivan Mehta / TechCrunch:
Canva debuts Canva AI, which lets users generate images, design ideas, and documents, and Canva Code, for creating mini apps that can be integrated in designs  —  Although there has been significant pushback from artists regarding the proliferation of AI design tools and the content used …
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 …
Matt Horne / Android Authority:
OnePlus launches the OnePlus Watch 3 in the US after pulling it to fix the “Meda in China” typo, but for $500, up from the $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.  —  •
Wayne Ma / The Information:
A look at the personalities, execution problems, and poor leadership behind Apple's Siri failure; John Giannandrea's AI/ML group was dubbed “AIMLess” internally  —  Last June, at Apple's annual developers conference, the company offered a dazzling demonstration of how artificial intelligence …
Jesse Hamilton / CoinDesk:
Trump signs a bill repealing IRS rules that treat DeFi platforms as brokers and require them to report user data, the first pro-crypto effort to clear Congress  —  The successful reversal of the Internal Revenue Service rule marks the first time the industry got a significant pro-crypto effort through Congress.
Emanuel Maiberg / 404 Media:
Meta says all LLMs “historically have 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 …
Sam Rutherford / Engadget:
Google Pixel 9a review: a great display, battery life, and cameras, a sleek design, and IP68, but slow charging, no Pixel Screenshot, and a finicky Macro Focus  —  Starting at just $499, the Pixel 9a is also the best value Android phone around.  —  The push for the latest …
Hadlee Simons / Android Authority:
Oppo launches the Find X8 Ultra in China, with a 6.82" OLED, a Snapdragon 8 Elite, a 6,100mAh battery, four rear cameras, and 100W charging, starting at ~$890  —  Unfortunately, the Find X8 Ultra isn't coming to global markets.  —  •  —  •  —  • … What if the Pro wasn't enough for you, though?
Ann Cao / South China Morning Post:
China discloses details about its ~$8.2B AI Industry Investment Fund, aimed at early-stage investments in AI projects, established with money from the Big Fund  —  The AI Industry Investment Fund was established by the industry and finance ministries with money from the Big Fund

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From Mediagazer

Financial Times:
RedBird is drawing up plans to be the “sole-control owner of the Telegraph Media Group” to bring an end to the media group's protracted two-year sale

Ted Johnson / Deadline:
In an X post, the FCC chairman suggests Comcast may be violating its licenses and accuses it of “news distortion” after MSNBC didn't air a WH press hearing

Natalie Jarvey / The Ankler:
With Kid Cowboy, Nickelodeon becomes the first TV network to debut an original series in full on YouTube, bowing to YouTube's supremacy among kids

More News

Bloomberg:
Annual shareholder letter: Andy Jassy says Amazon has to operate like the “world's largest startup” and generative AI will reinvent “every customer experience”

Earlier Picks

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
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
Kyle Wiggers / TechCrunch:
Google DeepMind CEO Demis Hassabis says Google will add support for Anthropic's Model Context Protocol to its Gemini models and SDK, but did not give a timeline
Mediagazer memeorandum WeSmirch
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