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April 16, 2025, 6:00 AM
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| 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.
More: Nvidia, CNN, CTech, Bloomberg, The Register, Associated Press, Fortune, Financial Times, Forbes, WinBuzzer, TechPowerUp, crypto.news, Verdict, Daily Sabah, MarketWatch, Mobile World Live, //www.investmentweek.co.uk/, Cointelegraph, The Times, Times of India, Le Monde, Wall Street Journal, Business Standard, CoinDesk, Reuters, Shacknews, Business Insider, Cryptopolitan, Finance Magnates, Wall Street Pit, SiliconANGLE, TechCrunch, TipRanks Financial, Evertiq AB, Tech in Asia, ZeroHedge News, Benzinga, Investor's Business Daily, The Information, and Capital Brief
X: @samsolid57, @divestech, @riddle245, @tradingthomas3, @buccocapital, @donmiami3, @divestech, @garethsoloway, @stocksavvyshay, @spencerhakimian, @kobeissiletter, @smartertrader, @drjstrategy, @geoffreygertz, @thezvi, @steveyonezu, @tysonbrody, @nikitabier, @ns123abc, @divestech, @amitisinvesting, @divestech, @firstadopter, @smartertrader, @tmtbreakout, @rsanti97, @danielnewmanuv, and @mackhawk
Forums: r/China, r/WallStreetbetsELITE, and r/technology
| 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 …
More: South China Morning Post, TechPowerUp, and Tech in Asia
X: @semianalysis_, @dylan522p, @jukanlosreve, and @hkanji
| 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.
More: The Information, The Overspill, SiliconANGLE, Newsmax, The Verge, The Information, and Political Wire
X: @nicholashirst_, @terrencemcd, @matthewstoller, @imkialikethecar, @zamaan_qureshi, @matthewstoller, and @pkafka. Forums: Hacker News
| Business Insider: |
Email: Mark Zuckerberg offered to buy Snapchat for $6B in 2013; Zuckerberg testified that he thought Snapchat “wasn't growing at the potential that it could” — - Mark Zuckerberg's failed Snapchat bid resurfaced in Meta's antitrust trial. — And the Meta boss seems like he hasn't fully moved on.
More: Benzinga, The Verge, Malay Mail, The Hill, Digit, NPR, Futurism, The Wrap, and Vanity Fair
| 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 …
More: Reuters, Business Insider, Washington Post, Quartz, Big Tech on Trial, TechSpot, Fortune, Reuters, CNBC, Financial Express, Lefsetz Letter, Observer, The Indian Express, mensjournal.com, Associated Press, Axios, BBC, The Verge, The Wrap, New York Times, Spyglass, and Deadline
Bluesky: @gateklons, @kurtwagner, @sarahfrier, and @sarahfrier
Threads: @mike_isaac and @kurtwag8
X: @alexeheath, @meghanbobrowsky, @bbenedict33, @bbenedict33, @mikeisaac, @matthewstoller, @oliversegovia, and @mikeisaac
Forums: r/NoShitSherlock and r/technology
| Bloomberg: |
More: The Verge, TechCrunch, AppleInsider, Engadget, Al Bawaba, Fast Company, New York Times, Bloomberg Law, Cryptopolitan, Fresno Bee, Financial Times, Yahoo Finance, Pixel Envy, Wall Street Journal, Associated Press, The Information, Los Angeles Times, The Week, CBS News, Washingtonian, CBS News, Cryptopolitan, Quartz, WinBuzzer, Thurrott, Irish Independent, The Economic Times, MEDIANAMA, The Wrap, Moneycontrol, and Ars Technica
Bluesky: @aricohn.com and @kagrox
Threads: @amyklobuchar and @benedictevans
X: @matthewstoller, @brentmulligan, @jason_kint, @nhegde, @meghanbobrowsky, @bbenedict33, @jason_kint, @halsinger, @jason_kint, and @mikeisaac. Forums: r/technology
| 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 …
More: CSO, Reuters, The Register, Silicon Republic, BleepingComputer, The Record, Krebs on Security, Android Authority, Infosecurity, CyberInsider, The Stack, PCMag, SC Media, Security Boulevard, Forbes, ComputerWeekly.com, The Hacker News, The Verge, and Cyber Security News
Bluesky: @stimulusfunctions, @metacurity.com, @waldo.net, @cachiporra, @slightlyflightyone, and @mmasnick. Mastodon: @briankrebs@infosec.exchange
Forums: Hacker News, r/cybersecurity, r/technology, r/france, r/programming, r/technology, r/Military, and r/DataHoarder
| 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 …
More: TechCrunch, New York Magazine, Nairametrics, Business Standard, Spyglass, CNBC, The Times, Marcus on AI, Decrypt, BGR, The Indian Express, The Crypto Times, Social Media Today, iThinkDifferent, Neowin, Mashable, Interesting Engineering, VentureBeat, Windows Central, MakeUseOf, PCMag, and The Information
Bluesky: @hypervisible, @carnage4life, @mantzarlis.com, @jerthorp, @ernie.tedium.co, @prietschka, @snmrrw, @lorak, @garymarcus, @caseynewton, @vortexegg.com, and @karlbode.com. Mastodon: @ben@werd.social. Threads: @the_coach_life
X: @vxunderground, @simonmxtthews, @birdyword, @kyliebytes, @banklesshq, @btibor91, @amir, @scobleizer, @katienotopoulos, @raywongy, @altryne, @krzysztof_lysy, @alexeheath, @zacbowden, @restoreorderusa, @garymarcus, @morqon, @andrewcurran_, @bindureddy, @pitdesi, @steph_palazzolo, @jukanlosreve, @briansolis, @davewiner, @jam3scampbell, @phantom, @scottnover, @polymarket, @nickadobos, @amitisinvesting, @sirodoht, @turnernovak, @danielnewmanuv, @rihardjarc, @billym2k, and @kyliebytes. LinkedIn: Alison McCauley
| 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 …
More: Figma, SiliconANGLE, The Information, Financial Times, Fortune, Tech in Asia, TechCrunch, CNBC, and Bloomberg
X: @bgurley and @alexrkonrad
| 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).
More: The Keyword, Silicon Republic, Business Standard, BetaNews, The Verge, Android Police, MakeUseOf, Engadget, and Search Engine Land
X: @rossstevens_uk and @lilyraynyc
| 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.| Jenna McLaughlin / NPR: |
More: Reuters, NBC News, Nextgov/FCW, Alternet.org, HealthcareInfoSecurity.com, and Truthout
Bluesky: @jennamclaughlin, @joemenn, @skiles, @paleofuture, @maxberger, @timmarchman, @charlottegarden, @charlottegarden, @joshkovensky, @emptywheel, and @npr.org
Mastodon: @brian_greenberg@infosec …, @briankrebs@infosec.exchange, @tiffanycli@mastodon.social, @jik@federate.social, @cremevax@infosec.exchange, @Nonilex@masto.ai, @Nonilex@masto.ai, and @Nonilex@masto.ai
X: @jimprosser, @stphnfwlr, @kevinbankston, @stphnfwlr, @stphnfwlr, @stphnfwlr, @shashj, @shashj, and @garymarcus
Forums: Hacker News, r/nottheonion, r/technology, r/IBEW, r/moderatepolitics, r/ForUnitedStates, r/fednews, r/politics, r/politics, r/news, r/Longreads, r/union, r/WelcomeToGilead, r/DailyTechNewsShow, r/antiwork, r/unionsolidarity, r/Defeat_Project_2025, r/conservativeterrorism, r/NPR, and r/FedEmployees
| 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 …
More: MarketWatch, South China Morning Post, Bloomberg, Tech Xplore, TechPowerUp, Euronews, Barron's Online, Reuters, CNBC, Financial Times, ASML, Bloomberg, and Reuters
X: @invesquotes, @thetranscript_, @techfund1, @asmlcompany, and @asmlcompany. Forums: r/wallstreetbets
| Emma Roth / The Verge: |
Google rolls out its text-to-video AI model Veo 2 to Gemini Advanced subscribers and makes its Whisk Animate tool available for Google One AI Premium users — A new Whisk Animate tool is coming to Google One AI Premium users, as well. … Google is letting Gemini Advanced subscribers try out Veo 2 …
More: The Keyword, Tom's Guide, Benzinga, Business Standard, TechCrunch, 9to5Google, Chrome Unboxed, Phandroid, Livemint, Campaign Middle East, Nairametrics, Digital Trends, AndroidGuys, Android Headlines, Social Media Today, and Ars Technica
X: @googlelabs, @nearcyan, @google, @nearcyan, @googledeepmind, and @sundarpichai. Forums: r/singularity
| 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 …
More: OKX, OKX, Cointelegraph, Blockhead, CoinGape, Bitcoin Insider, Bloomberg, crypto.news, The Block, CoinDesk, and Benzinga
X: @wublockchain and @okx
| Reuters: |
River: China's local governments held 15,000 bitcoin worth $1.4B at the end of 2024, the world's 14th biggest holder, sparking a debate on how to handle it — China's growing pile of cryptocurrencies seized from illegal transactions is prompting local governments to find ways to dispose …
More: The Block, Blockhead, Coinpedia Fintech News, Cointelegraph, Cryptopolitan, and Tech in Asia
| 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.
More: Neowin, Tech in Asia, TechIssuesToday.com, MakeUseOf, and Blockchain.News
| 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.
More: Anthropic, The Hindu, The Verge, PYMNTS.com, Neowin, Tech in Asia, Tom's Guide, Analytics India Magazine, and Bloomberg
| Igor Bonifacic / Engadget: |
4chan is down after an apparent hack late on April 14; an Imgur post seems to show a hacker gained shell access to 4chan's hosting server and doxxed some users — More like 404chan, amirite? — 4chan, the controversial forum known for birthing early meme culture and Gamergate, is down, following an apparent hack.
More: 404 Media, Ars Technica, Reuters, TechCrunch, Wired, The Verge, Newsweek, Decrypt, The Daily Dot, Fast Company, The Sun, and The Express Tribune
Bluesky: @amanda.omg.lol and @zappit
X: @kommiattrition, @agoldmund, @regularaugust, @klobstar, @jaredlholt, @jaredlholt, @duplavortex, @pirat_nation, @kiwifarmsdotnet, @lumpythecook, @moshimoshimoan, and @priniz_twt. LinkedIn: Matt Burgess
Forums: r/technology, r/cybersecurity, and Slashdot
| Ben Quinn / The Guardian: |
UK filing: in 2023, following Elon Musk's acquisition, X had £69.1M in UK revenue, down 66.3% YoY, and its profit fell from £5.6M to £1.2M — Social media platform formerly known as Twitter says 66.3% revenue drop was down to fall in advertising income| Suvashree Ghosh / Bloomberg: |
Analysis: stablecoins' market value rose ~4.5% from the end of February 2025 to a new high of ~$234B in April, as crypto traders sat out the market volatility — In stable condition — As volatility took over global markets over the past couple of months, one part of the volatile digital asset market quietly grew: stablecoins.| Anna Tong / Reuters: |
California's AG declines to join Elon Musk's lawsuit against OpenAI, saying the office did not see how Musk's action serves the state's public interest — The California attorney general's office declined to join a lawsuit by Elon Musk against OpenAI, the agency wrote in a letter made public on Tuesday …
More: Moneycontrol and The Economic Times
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