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April 23, 2025, 7:20 AM
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Top News

Wall Street Journal:
The European Commission fines Apple €500M and Meta €200M under the DMA and issues cease-and-desist orders to both companies; Apple and Meta say they will appeal  —  Fines come as European officials pursue trade talks with the Trump administration  —  BRUSSELS—The European Union fined Apple …
Bloomberg:
US v. Google: OpenAI's ChatGPT chief Nick Turley says the company would be interested in buying Chrome from Google if a federal court orders it to be spun off  —  OpenAI would be interested in buying Google's Chrome browser if a federal court orders it to be spun off, the head of ChatGPT said in a court hearing Tuesday.
Bloomberg:
US v. Google: an OpenAI executive says Google declined to let OpenAI access its search index; a proposed DOJ remedy would let Google's rivals access the index  —  OpenAI's Nick Turley said the company never intended to simply create a chatbot like its popular ChatGPT, and instead wanted to deliver a …
Bloomberg:
Source: Intel is set to unveil plans this week to cut 20%+ of staff, its first major restructuring under Lip-Bu Tan; Intel had 108,900 workers in December 2024  —  Intel Corp. is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the struggling chipmaker …
Cecilia Kang / New York Times:
FTC v. Meta: Instagram co-founder Kevin Systrom testifies that “Mark was not investing in Instagram because he believed we were a threat to their growth”  —  Kevin Systrom said during testimony in a landmark antitrust trial that he believed Meta viewed Instagram as a threat.
Carl Franzen / VentureBeat:
Nari Labs unveils Dia, a 1.6B parameter text-to-speech model designed to produce naturalistic dialogue directly from text prompts, built with “zero funding”  —  A two-person startup by the name of Nari Labs has introduced Dia, a 1.6 billion parameter text-to-speech (TTS) …
Financial Times:
Sources: Cantor's Brandon Lutnick, the son of the US commerce secretary, seeks to form a $3B bitcoin acquisition vehicle with SoftBank, Tether, and Bitfinex  —  Investment vehicle backed by son of commerce secretary comes as US adopts more favourable policy on digital currency
Aisha Malik / TechCrunch:
Superpower, which uses AI for personalized health overviews and offers biannual lab testing that analyzes 100+ blood biomarkers, launches with a $30M Series A  —  A startup called Superpower is publicly launching what it calls the world's first super app that is designed to help people better understand and take care of their health.
Bloomberg:
Elon Musk says production of Tesla's humanoid robot Optimus is affected by China's recent restrictions on exports of rare earth minerals used in magnets  —  Speaking on the company's earnings call on Tuesday, Chief Executive Officer Elon Musk said production was impacted by the “magnet issue”.
Ronan Shields / Digiday:
In a reversal, Google says it will continue offering users the choice of third-party cookies in Chrome and will not roll out a new standalone prompt for them  —  In a shocking development, Google won't roll out a new standalone prompt for third-party cookies in Chrome, meaning ad tech companies …
Shaurya Malwa / CoinDesk:
Mantra's CEO begins burning $80M worth of his OM tokens and plans to burn $80M worth from partners, after a 90% collapse on April 13 erased $5B+ in market value  —  The tokens are part of John Mullin's team allocation that were staked when the network first started in October 2024.  —  What to know:
Connor Jones / The Register:
The UN says the ~$40B cybercrime call center industry, tied to East and Southeast Asian crime syndicates, is expanding globally to regions with weak governance  —  What used to be a serious issue mainly in Southeast Asia is now the world's problem  —  Scam call centers are metastasizing worldwide …
Mark Gurman / Bloomberg:
Sources: Apple's new Siri engineering chief Mike Rockwell is replacing much of Siri's leadership with top Vision Pro software execs, and is restructuring teams  —  Apple Inc.'s new Siri engineering chief is overhauling the management team leading development of the beleaguered voice assistant …
Emma Roth / The Verge:
Apple drops “available now” from an Apple Intelligence page featuring an AI-supercharged Siri and removes a Siri-related video, after the BBB nonprofit inquired
Rebecca Torrence / Business Insider:
Nourish, which offers virtual, insurance-covered nutritional care from 3,000+ dietitians, raised a $70M Series B led by JPM, sources say at a $1B+ valuation  —  - Nourish just raised $70 million in Series B funding led by JP Morgan Growth Equity Partners.  — Nourish connects patients …
Dominic Preston / The Verge:
Instagram launches Edits, a “video creation app designed for creators” intended to rival ByteDance's CapCut app, for free on iOS and Android  —  The standalone video editing app supports green screen and cutout features, just like ByteDance's CapCut app.
Jon Emont / Wall Street Journal:
How Nike and US manufacturer Flex's plan to automate sneaker production in Guadalajara ran into trouble, with factory robots struggling to handle soft materials  —  Trump sees tariffs as a way to boost U.S. manufacturing, but Nike's struggle to move production from Asia is a cautionary tale

Sponsor Posts

Google:
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UiPath:
UiPath Unveils 10 Innovations that Will Shape the Agentic Future  —  Orchestration engine, API workflows and agentic testing among key features of new UiPath Platform™ for agentic automation, launched at UiPath DevCon 2025
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This is a Techmeme archive page. It shows how the site appeared at 7:20 AM ET, April 23, 2025.

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From Mediagazer

David Folkenflik / NPR:
NPR and three Colorado public radio stations sue Trump, saying his executive order to cut federal funding violated the US Constitution and the First Amendment

Bloomberg:
Filing: Tencent is buying a ~10% stake in SM Entertainment for ~$180M from BTS agency Hybe, as China is expected to lift its unofficial ban on K-pop concerts

Dominic Ponsford / Press Gazette:
Docs: The Guardian reports revenue up 6.7% YoY to £275M in the year to March 2025, losses down to <£25M, digital revenue up 20%+ YoY to £100M+, and 1.3M subs

More News

Matthew Goldstein / New York Times:
Trump Media partners with Crypto.com and Florida-based Yorkville America Digital to launch ETFs by the end of 2025, as it moves into financial services

Earlier Picks

Tony Maglio / The Hollywood Reporter:
WBD rolls out a $7.99/month Extra Member Add-On for US Max subscribers, about two years after Netflix made a similar move to crack down on password sharing
Daniel Kuhn / The Block:
Researcher: the official SDK JS library for interacting with the XRP Ledger, with 140K+ weekly downloads, was compromised; XRP Ledger Foundation says it's fixed
Allie Garfinkle / Fortune:
Supabase, an open-source alternative to Google's Firebase that's used by 2M developers, raised a $200M Series D led by Accel at a $2B valuation
Todd Spangler / Variety:
The Washington Post partners with OpenAI to make its content “more accessible” in ChatGPT; OpenAI says it now has similar deals with 20+ other publishers
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