Techmeme
April 16, 2025, 7:05 AM

Top News

CNBC:
SEC filing: Nvidia says it will record a $5.5B quarterly charge after new US rules to require a license to export the H20 chips to China; NVDA drops ~5%  —  Nvidia said on Tuesday that it will take a quarterly charge of about $5.5 billion tied to exporting H20 graphics processing units to China and other destinations.
Reuters:
Wall Street Journal:
Sources: Meta offered $450M in late March to settle the FTC's antitrust case and raised its offer to ~$1B as the trial neared; the FTC had demanded $30B  —  The FTC wanted $30 billion to drop its case.  Zuckerberg offered much less and hoped Trump would back him up.
Bloomberg:
FTC v. Meta: in an email, Mark Zuckerberg considered spinning off Instagram in 2018 as he increasingly became concerned that its success was hurting Facebook  —  Mark Zuckerberg considered spinning off Instagram into a separate company in 2018 as he increasingly became concerned that the photo …
Bloomberg:
David DiMolfetta / Nextgov/FCW:
Mitre, the nonprofit research organization behind the CVE program, says the US government funding needed to develop and operate CVE will expire on April 16  —  The U.S. government funding needed for non-profit research giant MITRE to develop, operate and maintain its flagship Common Vulnerabilities …
The Verge:
Sources: OpenAI is in the early stages of building its own X-like social network, focused on ChatGPT image generation, and is asking some outsiders for feedback  —  Is Sam Altman ready to up his rivalry with Elon Musk and Mark Zuckerberg? … OpenAI is working on its own X-like social network …
Ryan Browne / CNBC:
ASML reports Q1 net sales up 46% YoY to €7.74B, vs. €7.8B est., a €2.36B net profit, €3.94B net bookings, below €4.89B est., and warns of tariff uncertainty  —  Dutch semiconductor equipment giant ASML on Wednesday missed order expectations and said that uncertainty …
Reuters:
Figma confidentially files for a US IPO, more than a year after Adobe's $20B acquisition failed; the company was valued at $12.5B in a May 2024 tender offer  —  Cloud-based designer platform Figma on Tuesday confidentially filed for an initial public offering in the United States …
Abner Li / 9to5Google:
Google plans to redirect all Search users to google.com over the coming months, saying “country-level domains are no longer necessary”  —  Historically, Google users around the world have visited country-specific sites like google.com.br (Brazil), google.fr (France), or google.co.uk (UK).
Dylan Patel / SemiAnalysis:
A look at Huawei's AI CloudMatrix 384 rack-scale system, which is less power-efficient than Nvidia's GB200 NVL72, though this is not a limiting factor in China  —  Huawei is making waves with its new AI accelerator and rack scale architecture.  Meet China's newest and most powerful Chinese domestic solution …
Ben Weiss / Fortune:
OKX relaunches in the US and unveils a new crypto wallet for users, two months after a $500M DOJ settlement over insufficient anti-money laundering processes  —  Seychelles-based OKX announced on Tuesday that it is relaunching the U.S. version of its crypto exchange and unveiled a new wallet …
Kyle Wiggers / TechCrunch:
xAI unveils Grok Studio, a canvas-like tool for its Grok chatbot that can generate and edit documents, run code like Python and JavaScript, and more  —  Grok, the chatbot from Elon Musk's AI company, xAI, has gained a canvas-like feature for editing and creating documents and basic apps.
Mohar Chatterjee / Politico:
Sources: the US DOD's Defense Digital Service is effectively shutting down as nearly all staff are resigning, saying they were sidelined by DOGE's efforts  —  Employees of a defense tech unit say they were sidelined by DOGE.  “Either we die quickly or we die slowly,” says the director.
Ben Sherry / Inc:
Anthropic's Claude adds Research, capable of searching the web and internal documents to give comprehensive answers, in beta for Max, Team, and Enterprise plans  —  The integration should make Claude even more effective as a virtual assistant.  Plus, there's a new ‘Research’ mode.

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PYMNTS.com:
Emma Roth / The Verge:
Igor Bonifacic / Engadget: