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April 11, 2025, 11:10 AM
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Top News

Financial Times:
The EC's president says the EU won't revisit its “untouchable” rules, like the DMA, and could tax digital ad revenue, hitting Meta and Google, if US talks fail  —  European Commission president tells FT she wants ‘balanced’ deal but could hit US services in retaliation
Samantha Subin / CNBC:
The Nasdaq closed down 4% on April 10, with Meta down 7%, Nvidia down 6%, Amazon down 5%, and Apple down 4%, after the US confirmed tariffs on China total 145%  —  Technology stocks plummeted Thursday and the Nasdaq Composite dropped 4% on the heels of its record-setting session.
Mark Gurman / Bloomberg:
Apple is unlikely to move iPhone production to the US anytime soon due to a lack of facilities, skilled labor, and established supply chains like Asia's  —  For US President Donald Trump, there would be few bigger victories than having a domestically produced version of the iPhone, one of the most popular tech products in history.
Tripp Mickle / New York Times:
Sources: Tim Cook approved doubling Apple's AI chips budget in 2023 after John Giannandrea sought more GPUs, but CFO Luca Maestri cut the increase to under half  —  Even before President Trump's tariffs threatened to upend Apple's manufacturing business in China, the company's struggle …
Erin Woo / The Information:
Source: Google laid off hundreds of employees in its platforms and devices unit, which works on Android, Pixel, and Chrome, after offering buyouts in January  —  Google on Thursday laid off hundreds of employees in its platforms and devices unit, which works on Android software …
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 …
Business Insider:
US Defense Secretary Pete Hegseth cuts $5.1B in IT and consulting contracts, such as with Accenture, Deloitte, and Booz Allen, calling them “wasteful spending”  —  - US Defense Secretary Pete Hegseth ordered cuts at the Pentagon including some consulting contracts.
Jay Peters / The Verge:
Microsoft rolls out Recall AI in preview to Copilot+ PCs, after delaying the feature twice, from June 2024 and October 2024, over security and privacy concerns  —  The long-delayed feature will begin gradually rolling out to Windows Insiders. … This new rollout could indicate that Microsoft …
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.
Catherine McGrath / Fortune:
Bermuda-based Meanwhile, which offers life insurance to US citizens with BTC holdings, raised a $40M Series A led by Framework and Fulgur at a $190M valuation  —  Zac Townsend, co-founder and CEO of crypto insurance company Meanwhile, believes there is a pool of crypto enthusiasts who want to pay …
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 …
Caroline O'Donovan / Washington Post:
American small-business owners who source goods from overseas, especially from China, and sell them online, face acute uncertainty about the tariffs' impact  —  Small businesses that depend on overseas suppliers have endured a week of stressful uncertainty.
Andrew Liszewski / The Verge:
Razer launches Razer PC Remote Play, which streams PC games to mobile devices running Windows 11, iOS 18, iPadOS 18, or Android 14+ at their native resolutions  —  Razer PC Remote Play streams games to mobile devices at their native resolutions and aspect ratios.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:10 AM ET, April 11, 2025.

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

Axios:
Internal memo: AG Pam Bondi rescinds Merrick Garland's policy restricting most subpoenas for journalists, “to identify and punish the source of improper leaks”

Todd Spangler / Variety:
SEC filing: Bob Bakish's severance compensation was worth $69.3M after his exit as Paramount CEO in April 2024, and his 2024 compensation totaled $86.96M

Ted Johnson / Deadline:
Q&A with WHCA President Eugene Daniels on this year's annual dinner, White House press pool changes, the press corps' response to attacks, and more

More News

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
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
Sharon Goldman / Fortune:
Some Meta insiders fear FAIR is “dying a slow death” as Joelle Pineau exits in May; Yann LeCun says it's “a new beginning” for “Advanced Machine Intelligence”
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

Earlier Picks

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
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
Arsheeya Bajwa / Reuters:
Google says it will give US federal agencies a 71% discount for Workspace, trying to capitalize on the Trump administration's cost cutting and counter Microsoft
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