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April 12, 2025, 4:35 PM

Top News

Bloomberg:

The Trump administration exempts smartphones, laptops, hard drives, processors, memory chips, and machines used to make semiconductors from reciprocal tariffs — President Donald Trump's administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs …

More: U.S. Customs …, CNBC, BBC, CNN, Barron's Online, AppleInsider, Gizmodo, CNET, TechRadar, Android Central, Financial Times, TechCrunch, Neowin, Associated Press, Benzinga, MacRumors, Spyglass, Nikkei Asia, The Information, Townhall, Nikkei Asia, Los Angeles Times, Deal N Tech, Sky News, Redmond Pie, Cointelegraph, The Daily Caller, Reuters, Mashable, The Irish Times, UPI, New York Times, Fox Business, USA Today, PhoneArena, The Mac Observer, ZeroHedge News, Tech in Asia, Digital Trends, 9to5Mac, Axios, Mirror, Windows Central, The Verge, Liliputing, Wall Street Pit, Daily Mail, RedState, Yahoo Finance, Mediaite, Politico, Forbes, KVUE-TV, and Mock Paper Scissors

Mastodon: @TonyStark@progressivecafe …, @joeycastillo@mastodon.social, and @KimPerales@toad.social

Threads: @gwhitta, @carnage4life, and @carnage4life

X: @tradingthomas3, @levie, @spencerhakimian, @nicknotned, @davegreenidge57, @dkthomp, @teroterotero, @loganbartlett, @natesilver538, @natesilver538, @natesilver538, @josephpolitano, @billackman, @spencerhakimian, @spencerhakimian, @artcandee, @devahaz, @geiger_capital, @mattyglesias, @armanddoma, @birdyword, @sruhle, @nikitabier, @morningbrew, @geiger_capital, @cramertracker, @arpitrage, @justinwolfers, @cullenroche, @mikealfred, @josephpolitano, @jdcmedlock, @faisalislam, @joecarlsonshow, @josephpolitano, @armanddoma, @mattyglesias, @dougboneparth, @jordihays, @mattyglesias, @sruhle, @armanddoma, @nikitabier, @charlesarthur, @joannastern, @pt, @petespiliakos, @tianan_, @modestproposal1, @birdyword, @jraines, @dkaushik96, @mohit_emkay, @josephpolitano, @yeselson, @mooremorrissemi, @zac_petkanas, @benthompson, @armanddoma, @nmf_bru, @nkulw, @markgurman, @jamessurowiecki, @historyboomer, @scottlincicome, @teroterotero, @josephpolitano, @danprimack, @rjunkapoor, @danpfeiffer, @jessesingal, @armanddoma, @dkthomp, @keithmancuso, @alessiotmad, @lewis_goodall, @anthonydelage, @morqon, @josephpolitano, @besttrousers, @seanobannon_, @typesfast, @justinwolfers, @aaronblake, @jonathanchait, @realjimchanos, @teroterotero, @idothethinking, @itsandrewjude, @divestech, @sruhle, @johncoogan, @scottlincicome, @teroterotero, @teroterotero, @geiger_capital, @confusedsith, @mattbruenig, @pewilliams_, @mattyglesias, @levie, @mgsiegler, @robertgkepes, @ernietedeschi, @travisyost, @rpsagainsttrump, @zhao_dashuai, @hasanthehun, @dimi, @selinawangtv, @dimi, and @nicknotned

LinkedIn: Daniel Ives, Deborah Elms, Mollie Sitkowski, Lori Mullins, Andy Rothman, and Keefe John

Washington Post:

Arguments start Monday in the FTC's antitrust suit targeting Meta's acquisitions of Instagram and WhatsApp, amid reports Zuckerberg asked Trump to intervene — Arguments start Monday in the FTC's blockbuster antitrust suit targeting Facebook's purchases of Instagram and WhatsApp, as Zuckerberg pleads for the White House to intervene.

More: The Verge, Fortune, Tech in Asia, Fast Company, CNBC, Tech Policy Press, Cryptopolitan, and Wall Street Pit

Bluesky: @willoremus.com and @colinbowern.com. Forums: r/technology

James O'Donnell / MIT Technology Review:

How the Pentagon uses AI tools from Vannevar Labs, which got a DoD deal worth up to $99M, to scan open-source intelligence, write intelligence reports, and more — For much of last year, about 2,500 US service members from the 15th Marine Expeditionary Unit sailed aboard three ships throughout the Pacific …

Bluesky: @ainowinstitute, @heidykhlaaf, and @jamesmodonnell. Forums: r/technews

Wall Street Journal:

Sources: Binance asked the US Treasury last month to loosen oversight on its AML compliance, after Binance entered into deal talks with Trump's crypto venture — Executives for the cryptocurrency exchange met with Treasury officials last month after the company entered into talks with a Trump family venture

More: The Block, crypto.news, Cryptopolitan, Cointelegraph, DL News, CoinGape, The Crypto Times, Reuters, Crypto Briefing, Coinpedia Fintech News, and Bloomberg

Bluesky: @graphicgranola, @ilyamarritz, and @taraconlan

X: @justinsuntron, @cz_binance, and @tier10k

Bloomberg:

India's JioHotstar now has 200M+ paid subscribers, driven by multi-language IPL cricket streams, ranking third-largest globally after Netflix and Prime Video — JioHotstar, India's largest streaming platform, has increased its paying subscriber base to over 200 million …

More: Business Standard

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This is a Techmeme archive page. It shows how the site appeared at 4:35 PM ET, April 12, 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

James Oliphant / Reuters:

The White House's decision to remove a spot for newswires from the press pool will affect local news organizations who rely on the wire services for reporting

Larry Neumeister / Associated Press:

Palin v. NYT opening statements: Sarah Palin's lawyers say the NYT engaged in a “sickeningly familiar pattern” by targeting her, and she will testify next week

Kelsey Warner / Semafor:

Sources: Moniify, a well-funded UAE financial news startup launched in November 2024, struggled to monetize and find an editorial strategy before pivoting

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More News

Connor Jones / The Register:

UK government report: 43% of businesses faced a cyber breach or attack in the past year; phishing was the most common type, affecting 85% of those attacked

More: BetaNews, Tech Monitor, The Stack, and ITPro. LinkedIn: Simon Lang

Chris Metinko / Crunchbase News:

Asia's startup funding fell 40% YoY to ~$13B in Q1 2025, the lowest funding for a quarter since $12.3B in Q4 2014; AI startup funding fell 50% YoY to just $1.8B

X: @crunchbasenews

Counterpoint Research:

In Q1 2025, SK Hynix overtook Samsung for the first time to lead global DRAM revenues with a 36% share, driven by its dominant 70% market share in HBM

More: SamMobile, KED Global, SammyGuru, DigiTimes, and Tech in Asia. X: @counterpointtr

Barry Schwartz / Search Engine Land:

Google says some terms in AI Overviews will link to Google's search results “to help people more easily explore topics and discover relevant websites”

More: 9to5Google and Search Engine Roundtable. Bluesky: @glenngabe

Financial Times:

Bain Capital agrees to buy Blackstone-backed HealthEdge, which offers SaaS for health insurers to modernize their systems, sources say for ~$2.6B including debt

More: Axios and Bain Capital

Reuters:

Source: Alphabet and Nvidia are among investors backing Safe Superintelligence; Google Cloud announced on April 9 that SSI is using its TPUs for AI research

More: TechCrunch, Neowin, and Financial Times

Bluesky: @nosunkcosts. LinkedIn: James Mawson. Forums: r/singularity

Earlier Picks

Sophie McEvoy / GamesIndustry.biz:

Newzoo: global consumer spending for PC and console gaming fell 2% YoY to $80.2B in 2024, with console revenues leading market share with $42.8B, down 3.9% YoY

More: Newzoo, TechSpot, ITC.UA, Mezha.Media, Game Rant, Kotaku, Game File, PC Games Insider, and CNET

Bluesky: @gtelephant. X: @gamer_matheusx, @stephentotilo, and @newzoohq. Forums: r/pcmasterrace

Natalie Lung / Bloomberg:

YipitData: Waymo's robotaxis made up about 20% of rides offered by Uber in Austin in the last week of March, after launching on March 4

More: Engadget, The Robot Report, TipRanks Financial, and The Driverless Digest

Bluesky: @jf2u. X: @aleximm, @stockmarketnerd, @adamkovac, and @sethdavishoops. Forums: r/waymo

Ari Levy / CNBC:

Filing: Founders Fund has closed a $4.6B late-stage venture fund; source: a substantial amount of the capital was provided by the firm's general partners

More: The Economic Times, Tech in Asia, Bloomberg, and US SEC

Aisha S Gani / Bloomberg:

Revolut plans to add UK stocks to its trading platform as some investors look to diversify away from US equities, and says it has over 800K UK trading customers

More: The Guardian and PYMNTS.com. LinkedIn: Aisha S Gani

Erin Woo / The Information:

Source: Google cuts hundreds of employees in its platforms and devices unit, which works on Android, Pixel, and Chrome, after offering buyouts in January 2025

More: Reuters, 9to5Google, Engadget, SiliconANGLE, iPhone in Canada Blog, Cryptopolitan, Android Central, Entrepreneur, PCMag, New York Post, Thurrott, San Francisco Chronicle, Android Authority, MobileSyrup, Phandroid, Silicon UK, International Business Times, Verdict, MacDailyNews, Cord Cutters News, ITPro, AIN, Android Police, PhoneArena, Hindustan Times, City A.M., Moneycontrol, Business Standard, DNA India, and Outlook Business

Bluesky: @tomwellborn3 and @bdowney. Mastodon: @majorlinux@toot …. Threads: @carnage4life

X: @teamblind, @argyleink, and @westonruter. LinkedIn: Reino Piip

Forums: r/technology and r/Android