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April 24, 2025, 11:30 AM
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Top News

European Commission:
The European Commission says that Meta's Facebook Marketplace should no longer be designated under the DMA, citing fewer than 10,000 business users in 2024  —  Today, the European Commission found that Apple breached its anti-steering obligation under the Digital Markets Act (DMA) …
Reuters:
The White House says that the EU's €500M fine on Apple and €200M fine on Meta are a “novel form of economic extortion” that the US will not tolerate  —  The White House said on Wednesday that fines on Apple (AAPL.O) and Meta Platforms (META.O) by the European Union were a …
Ivan Mehta / TechCrunch:
Adobe unveils its Firefly Image Model 4 and Model 4 Ultra, launches a redesigned Firefly web app, is testing a new Adobe Content Authenticity web app, and more  —  Adobe on Thursday launched the latest iteration of its Firefly family of image generation AI models, a model for generating vectors …
Sarah Perez / TechCrunch:
İFÖD: Bluesky restricted access to 72 accounts in Turkey at the government's request; the accounts are available on third-party apps using the AT Protocol  —  Government censorship has found its way to Bluesky, but there's currently a loophole thanks to how the social network is structured.
Financial Times:
Elon Musk is stepping back from DOGE in May, spending 1-2 days per week on government work, as tariffs, customer anger, and Chinese competition weigh on Tesla  —  Billionaire's foray into government coincided with increased competition from Chinese rivals  —  In the days following Donald …
Bloomberg:
President Trump will have dinner with the top 220 holders of the TRUMP memecoin on May 22, according to the memecoin's website; TRUMP jumps 50%+  —  President Donald Trump will have dinner with the top 220 holders of the Trump memecoin, the issuers of the cryptocurrency announced on Wednesday.
Victoria Song / The Verge:
Hands-on with Cluely's “cheat on everything” tool: the AI can't intuit what the user needs despite being given prior context and takes long to give a response  —  Tech evangelists have been yammering about “working smarter, not harder” for years.
Adrienne So / Wired:
On the Apple Watch's 10th anniversary, a look at how Apple reshaped the watch industry and ushered in a new age of fitness tracking  —  When the Apple Watch launched, it was unclear if smartwatches would pan out.  Ten years later, Apple has a $100-billion hit that reshaped the watch industry …
Stephanie Lai / Bloomberg:
Trump signs an EO to boost AI education and workforce training, and establishes an AI education task force led by White House OSTP Director Michael Kratsios  —  President Donald Trump signed an executive action to boost artificial intelligence education and workforce training …
Ryan Browne / CNBC:
Revolut reports 2024 revenue up 72% YoY to £3.1B, net profit up 149% YoY to £1.1B, and wealth unit revenue up 298% YoY to £506M; its loan book grew 86% to £979M  —  LONDON — British fintech firm Revolut on Thursday announced it topped $1 billion in annual profit for the first time …
Larry Dignan / Constellation Research:
Microsoft's 2025 Work Trend Index report, based on a survey of 31,000 people, argues that “Frontier Firms” utilizing agentic AI as digital workers are emerging  —  As enterprises adopt AI agents and digital workers, companies' success may depend on the human-agent ratio and how workflows are managed.
Bloomberg:
US v. Google: DuckDuckGo CEO Gabriel Weinberg testifies that Chrome is worth “upwards of $50B if it went on the market” based on “back-of-the-envelope” math  —  - DuckDuckGo CEO estimated potential sale price at DOJ hearing  — Justice Department has asked that court order Chrome's sale
Leah Nylen / Bloomberg:
US v. Google: a Perplexity executive says Google's contract with Motorola blocked Perplexity from being the default AI assistant on new Motorola devices
Kirsten Korosec / TechCrunch:
VW and Uber unveil an ambitious plan to launch a commercial robotaxi service using ID. BUZZ vehicles in US cities over the next decade, starting in LA in 2026  —  Volkswagen of America and Uber on Thursday unveiled an ambitious plan to launch a commercial robotaxi service — using autonomous electric VW ID.
Dan Milmo / The Guardian:
Ofcom outlines 40+ child safety measures for websites and apps to introduce from July 2025 or face large fines under the Online Safety Act, including age checks  —  Companies will be legally required to block children's access to harmful content under UK's Online Safety Act or face large fines
Kyle Wiggers / TechCrunch:
OpenAI brings ChatGPT's new image generator tech to its API, for $5 per 1M text input tokens, $10 per 1M image input tokens, and $40 per 1M image output tokens  —  OpenAI on Wednesday brought the tech behind its new and improved image generation feature in ChatGPT to its API …
Jordan Novet / CNBC:
IBM reports Q1 revenue up 0.6% YoY to $14.54B, vs. $14.4B est., and says DOGE delayed or nixed 15 of its federal contracts; IBM drops 6%+  —  IBM reported better-than-expected earnings and revenue for the first quarter on Wednesday.  The stock slipped 2% in extended trading.  —  Here's how the company performed:

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:30 AM ET, April 24, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Kate Knibbs / Wired:
The Freedom of the Press Foundation, a shareholder in Paramount, is threatening legal action against the company if it settles with President Trump

Charlotte Tobitt / Press Gazette:
Redbird Capital Partners buys the Telegraph at a £500M valuation, ending nearly two years of ownership limbo; IMI will take a minority investment

Variety:
A24 is shutting down its documentary filmmaking department, laying off five staffers, as sources say the market is too challenging to support an entire division

More News

Naomi Nix / Washington Post:
Meta's Oversight Board rules that two posts disparaging trans women are not hate speech, in the first major test since Meta weakened its rules in January 2025
Umar Shakir / The Verge:
Perplexity's iOS app enables support for the company's conversational AI voice assistant, letting users ask the chatbot to write emails, set reminders, and more
Dylan Butts / CNBC:
SK Hynix reports Q1 revenue up 42% YoY to ~$12.4B, vs. ~$12.1B est, and operating profit up 158% YoY to ~$5.2B, vs. ~$4.6B est., on demand for its HBM chips

Earlier Picks

Rebecca Bellan / TechCrunch:
Tesla says it has started testing its autonomous ride-hailing service with employees in Austin and the Bay Area, and has completed 15,000 miles of driving
Bloomberg:
TSMC plans to begin production with its A14 fabrication process in 2028 and an intermediary A16 chip process in late 2026
Jennifer Elias / CNBC:
Internal documents: several Google units have notified remote workers that their jobs will be in jeopardy if they don't show up at the office three days a week
Sri Muppidi / The Information:
Documents: OpenAI told investors it expects revenue of $125B in 2029 and $174B in 2030, with sales from agents and other products exceeding those from ChatGPT
Dean Takahashi / VentureBeat:
Discord co-founder and CEO Jason Citron is stepping down, replaced by Humam Sakhnini effective April 28; Citron will stay on the board and become a CEO advisor
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