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April 16, 2025, 4:32 AM
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| 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 Overspill, The Information, Malay Mail, SiliconANGLE, Political Wire, Platformer, Newsmax, The Verge, The Information, CNET, KCRG-TV, Politico, and NDTV
X: @matthewstoller, @imkialikethecar, @zamaan_qureshi, @matthewstoller, and @pkafka. Forums: Hacker News
| Bloomberg: |
Email: Mark Zuckerberg considered spinning off Instagram in 2018 as he increasingly became concerned that its success was hurting the Facebook social network — Mark Zuckerberg considered spinning off Instagram into a separate company in 2018 as he increasingly became concerned that the photo …
More: Business Insider, TechSpot, Fortune, Reuters, CNBC, Lefsetz Letter, Observer, The Indian Express, mensjournal.com, Axios, Tech in Asia, BBC, The Verge, The Wrap, Quartz, 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
| 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: The Verge, Digit, AV Club, Proactive, New York Post, Futurism, The Wrap, and Vanity Fair
| Bloomberg: |
FTC v. Meta: Mark Zuckerberg testified about his acquisitions of Instagram and WhatsApp, including a 2012 email exchange rationalizing the apps' acquisition — - Meta CEO asked in email if deal may ‘neutralize a competitor’ — FTC claims acquisitions created a social networking monopoly
More: TechCrunch, The Verge, Engadget, New York Times, Financial Times, Washington Examiner, Spokesman.com, Bloomberg Law, Cryptopolitan, The Hill, AppleInsider, Yahoo Finance, Fresno Bee, Wall Street Journal, NPR, Associated Press, The Information, Los Angeles Times, AzerNews, The Economic Times, Breitbart, The Week, Fast Company, CBS News, Washingtonian, CBS News, Cryptopolitan, Quartz, WinBuzzer, Thurrott, Irish Independent, The Economic Times, MEDIANAMA, The Wrap, Moneycontrol, Ars Technica, and Meta
Bluesky: @aricohn.com and @kagrox
Threads: @amyklobuchar and @benedictevans
| 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, Business Standard, Business Today, CNBC, Spyglass, Moneycontrol, iThinkDifferent, Decrypt, Financial Express, Digit, Marcus on AI, VentureBeat, BGR, Mashable, The Indian Express, The Crypto Times, Neowin, Social Media Today, Interesting Engineering, Windows Central, MakeUseOf, PCMag, Business Insider, The Information, Proactive, Türkiye Today, MacRumors, Dexerto, Cointelegraph, Gizmodo, PYMNTS.com, Techstrong.ai, Reuters, Android Authority, CoinGape, WinBuzzer, Livemint, Fast Company, iPhone in Canada Blog, ZeroHedge News, and Tom's Guide
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, @kyliebytes, @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, and @billym2k. LinkedIn: Alison McCauley
| 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, BleepingComputer, The Record, Android Authority, Krebs on Security, Forbes, PCMag, The Stack, Cyber Daily, SC Media, ComputerWeekly.com, Security Boulevard, The Verge, and Cyber Security News
Bluesky: @mmasnick, @slightlyflightyone, @stimulusfunctions, @metacurity.com, @waldo.net, and @cachiporra. Mastodon: @briankrebs@infosec.exchange
Forums: Hacker News, r/technology, r/cybersecurity, r/technology, r/DataHoarder, r/cybersecurity, and Lobsters
| CNBC: |
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 6%+ — 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: Bloomberg, RTÉ, The Register, Nvidia, Financial Times, Cointelegraph, Tech in Asia, The Times, Associated Press, Finance Magnates, TipRanks Financial, Times of India, Business Standard, Le Monde, Wall Street Journal, Financial Express, CoinDesk, Reuters, Shacknews, Business Insider, Investor's Business Daily, Cryptopolitan, Radio Free Asia, ZeroHedge News, Wall Street Pit, SiliconANGLE, TechCrunch, The Information, Livemint, BBC, Evertiq AB, Benzinga, Capital Brief, and Fortune
X: @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/technology, and r/WallStreetbetsELITE
| 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, Bloomberg, SiliconANGLE, The Information, Fortune, CNBC, TechCrunch, and Tech in Asia
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, The Verge, Search Engine Land, MakeUseOf, Engadget, Android Police, and Android Central
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.
More: Daily Caller News Foundation, The Hill, Raw Story, and The Gateway Pundit
Bluesky: @laurenmeidasa. Mastodon: @GossiTheDog@cyberplace.social and @KimPerales@toad.social. Forums: r/politics
| Jenna McLaughlin / NPR: |
More: Reuters, NBC News, Nextgov/FCW, Alternet.org, HealthcareInfoSecurity.com, Truthout, and FlowingData
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: @shashj, @jimprosser, @stphnfwlr, @kevinbankston, @stphnfwlr, @shashj, @garymarcus, @stphnfwlr, and @stphnfwlr
| 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, Business Standard, 9to5Google, Nairametrics, Livemint, Chrome Unboxed, Digital Trends, Phandroid, Campaign Middle East, AndroidGuys, Android Headlines, Social Media Today, Ars Technica, SammyGuru, WinBuzzer, Neowin, and TechCrunch
X: @googlelabs, @nearcyan, @google, @nearcyan, @googledeepmind, and @sundarpichai. Forums: r/singularity
| 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, Tech in Asia, PYMNTS.com, Neowin, Tom's Guide, Analytics India Magazine, Engadget, and Bloomberg
| 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.| Jay Peters / The Verge: |
OpenAI is adding an image library to ChatGPT to make it easier for users to access their AI-generated images, rolling out to all Free, Plus, and Pro users — The new Library is rolling out now to all Free, Plus, and Pro users. … OpenAI is adding an image library to ChatGPT to make it easier …
X: @openai
| 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.| Ellen Huet / Bloomberg: |
Inside San Francisco-based live-in startup accelerator HF0, whose alumni include OpenSea's founders; HF0's latest fund is $100M, up from its previous $16M fund — HF0, a live-in program for startup founders in San Francisco, mixes New Agey spirituality with Silicon Valley-esque hypercapitalism.| Max A. Cherney / Reuters: |
Sources: chip industry executives told US officials and lawmakers that Trump's new tariffs could cost US semiconductor equipment makers more than $1B per year — U.S. President Donald Trump's new tariffs could cost U.S. semiconductor equipment makers more than $1 billion a year … | Nikkei Asia: |
Trump's planned tariffs on chip imports risk upending a global supply chain and could lead to oversupply as the US and other countries seek domestic production — TOKYO/PALO ALTO, U.S. — The Trump administration's steps toward extending its tariffs to the semiconductor industry threaten …
More: Yahoo Finance and BBC
| Debaroti Adhikary / Moneycontrol: |
Indian food delivery and quick commerce platform Swiggy launches Pyng, an online marketplace to let users find verified professionals like financial advisors — The app will help connect customers to verified professions including health & wellness experts, financial advisors … | Rest of World: |
Experts say Chinese investors would be wary of backing AI startups building foundation models; PitchBook: in Q1, AI/ML VC funding in China fell 30% YoY to $1.2B — Investors believe practical AI applications will fuel the next wave of growth, with startups building on top of DeepSeek's foundation.| Pranav Mukul / The Economic Times: |
Goldman Sachs Alternatives acquires India-based HR SaaS company PeopleStrong from Multiples PE, sources say for $130M; Tracxn: Multiples PE held an 84.3% stake — This is a second major private equity buyout deal of a SaaS firm this year, after Singapore-based private equity firm Everstone …
More: Times of India, peoplestrong, and VCCircle
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