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Techmeme
April 23, 2025, 2:30 PM
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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.
Abner Li / 9to5Google:
On the 20th birthday of its first video, YouTube says it has had 20T+ uploads, including 20M+ daily now, and unveils app and TV updates, including new Multiview  —  YouTube is celebrating its 20th birthday with a number of stats, while previewing new features that are coming this year.
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 …
Dean Takahashi / VentureBeat:
Discord CEO Jason Citron is stepping down and will be succeeded by Humam Sakhnini, effective April 28; Citron will stay on the board and serve as a CEO advisor  —  Jason Citron is stepping down as CEO of Discord and he has hired game veteran Humam Sakhnini as the new CEO.
Stuart A. Thompson / New York Times:
Analysis: three X users who used to receive hundreds of thousands of views daily have seen their reach collapse after feuding with Elon Musk in December 2024  —  Note: Five-day moving average.  Views are only shown up to 400,000.  Source: X  —  When Mr. Musk purchased X in 2022 …
Sarah Perez / TechCrunch:
Meta says it is opening Threads to all advertisers worldwide, but ads will only appear in select markets at launch, after testing ads in the US and others  —  Months after first testing ads in select markets, including the U.S., Meta on Wednesday announced that its Instagram Threads app …
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) …
Andrew Liszewski / The Verge:
Meta rolls out live translations and other AI features to all Ray-Ban smart glasses, unveils new color lens combos, and plans an India, Mexico, and UAE debut  —  The Ray-Ban Meta Skyler frames are also now available in shiny chalky gray with sapphire Transitions lenses.
Matt Day / Bloomberg:
Sources: Amazon's Project Kuiper has completed just a few dozen satellites so far, far below the pace needed to reach the FCC's 1,618 deadline by July 2026  —  Project Kuiper has completed just a few dozen satellites so far, more than a year into its manufacturing program, according to three people familiar with the situation.
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”.
Sharon Goldman / Fortune:
Listen Labs, which uses AI to conduct thousands of voice interviews simultaneously for customer research, raised $27M across a seed and Series A led by Sequoia  —  Alfred Wahlforss and Florian Juengermann, co-founders of Sequoia-backed AI startup Listen Labs (photo courtesy of Listen Labs)
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
Tom Phillips / Eurogamer.net:
Nintendo says Switch 2 preorder demand in Japan “far exceeds expectations” and 2.2M applied via a lottery; Nintendo is offering a cheaper, region-locked model  —  2.2m people applied to buy, and a “significant number” will be unsuccessful.  —  News by Tom Phillips Editor-in-Chief
Bloomberg:
Source: Neuralink has begun preliminary discussions to raise about $500M at an $8.5B pre-money valuation; PitchBook: it was valued at $3.5B as of November 2023  —  Elon Musk's Neuralink is planning to raise about $500 million at a pre-money valuation of $8.5 billion, according to people with knowledge of the matter.
More: Reuters
Maxwell Zeff / TechCrunch:
Meta's Oversight Board says Meta's new hate speech policies were “announced hastily” in January 2025 and asks Meta to assess the impact on vulnerable users  —  Meta's Oversight Board, the independent group created to help Meta with content moderation decisions …

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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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From Mediagazer

Todd Spangler / Variety:
Memo: Business Insider is cutting staff by 21% to “endure extreme traffic drops outside of our control” and “exiting the majority of our Commerce business”

Todd Spangler / Variety:
Starz reports Q4 revenue down 6.2% YoY to $330.6M, an operating loss of $136.3M, up from $30.8M, and 13.04M streaming subscribers, up 470K from Q3

The Bookseller:
Boundless, which bought crowdfunding publisher Unbound in March, tells authors that royalties accrued before March won't be paid until Boundless is cash stable

More News

Chris Welch / The Verge:
Roku updates its $30 Streaming Stick and $40 Streaming Stick Plus, saying they are “the most compact sticks on the market”, and unveils new software updates

Earlier Picks

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
More: BusinessLIVE.  Bluesky: @frankpasquale.  X: @jchengwsj, @jchengwsj, and @jchengwsj
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
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
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
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