<html> <head> <meta name="viewport" content="width=device-width,initial-scale=1.0"> <style> a { text-decoration:none; } .uppercase { text-transform:uppercase; } .page { font-family:Optima, Helvetica, sans-serif; width:620px; margin:0 auto; background-color:white; font-size:16px; } .page table { border-collapse:collapse; } .header a, .header a:hover, .header a:visited { color:#606060; } .section { margin-top:12px; } .first_section { margin-top:4px; } .first_in_section { border-top:none !important; } .story .leading_item .title { font-size:18px; } .big_story .leading_item .title { font-size:24px; } .clustered_items .title { font-size:18px; } .title a { color:#004860; font-weight:bold; } .excerpt { color:black; font-size:16px; } .cite { color:#888; display:inline-block; white-space: nowrap; } a.tweet_cite:link, a.tweet_cite:visited, a.fb_item_cite:link, a.fb_item_cite:visited { color:black; } a.tweet_body:link, a.tweet_body:visited, a.fb_item_body:link, a.fb_item_body:visited { color:black; } .tweet, .fb_item { padding:1px 0; } .fb_item_image { width:12px; } .tweet_image { width:12px; } .logo { display:block; background:url(https://www.techmeme.com/img/techmeme34.png); background-size: cover; height:34px; width:142px; } .logo_img { height:34px; width:142px; } .sponsor .label { display:block; color:#686860; font-size:12px; font-weight:bold; padding:2px 0; } .event a:link, .event a:visited { color:#004860; } .banner { margin-bottom:12px; padding:20px 10px; background-color:#ffd700; text-align:center; font-size:26px; color:red; } .mcnPreviewText{display: none !important;} @media only screen and (max-width: 480px) { body, .page { width:100% !important; -webkit-text-size-adjust:none !important; } .MC_links { font-size:14px !important; padding-bottom:10px !important; } .page_date { font-size:18px !important; } .narrow_image { display:none !important; } .section { margin-top:16px !important; } .first_section { margin-top:6px !important; } .story, .big_story { padding: 12px 0 !important; border-top:1px solid silver !important; } .first_in_section { border-top:none !important; } .logo { background:url(https://www.techmeme.com/img/techmeme135.png) !important; background-size: cover !important; height:38px !important; width:160px !important; } .logo_img { height:38px !important; width:160px !important; } .tweet_image, .fb_item_image { width: 12px !important; } .events { padding:12px 10px !important; } .sponsor_image { max-width: 100px; } .presented_by { padding:2px 0 10px !important; } } </style> <!--[if gte mso 9]> <style type="text/css"> .clustered_items td { padding-left:38px !important; } </style> <![endif]--> </head> <body> <!-- --> <!--[if !gte mso 9]><!----><span class="mcnPreview Text" style="display:none; font-size:0px; line-height:0px; max-height:0px; max-width:0px; opacity:0; overflow:hidden; visibility:hidden; mso-hide:all;">OpenAI launches o3, its most advanced reasoning model, and o4-mini, a lower cost alternative that still delivers “impressive results”, for ChatGPT pai</span><!--<![endif]--> <!-- --> <div class="page" style="font-family: Optima, Helvetica, sans-serif;width: 620px;margin: 0 auto;background-color: white;font-size: 16px;"> <div class="header"> <table style="width: 100%;margin-bottom: 8px;border-collapse: collapse;"> <tr> <td class="MC_links" colspan="2" style="font-size:13px;text-align:center;padding:2px 0 8px;color:#606060"> <a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=93422dd0da&e=06cea4a9e4" style="text-decoration: none;color: #606060;">Got this from a friend? Subscribe!</a> | <a href="https://us14.forward-to-friend.com/forward?u=94ccd3ae223561415b05892ab&id=46eef0ca8c&e=06cea4a9e4" style="text-decoration: none;color: #606060;">Forward</a> | <a href="https://us14.campaign-archive.com/?e=06cea4a9e4&u=94ccd3ae223561415b05892ab&id=46eef0ca8c" style="text-decoration: none;color: #606060;">View in browser</a> </td> </tr> <tr> <td style="vertical-align:middle;padding-left:10px;min-height:38px;"> <a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=444f8baa81&e=06cea4a9e4" style="text-decoration: none;color: #606060;"> <!-- <span class="logo"></span> --> <img class="logo_img" src="https://www.techmeme.com/img/techmeme135.png" width="142" height="34" style="height: 34px;width: 142px;"> </a> </td> <td class="page_date" style="vertical-align:middle;text-align:right;color:#004860;font-weight:700;padding-right:10px">Wed, Apr 16</td> </tr> </table> </div> <table class="events" style="width: 100%;background-color: #f4f4f4;border-top: 1px solid lightgray;border-bottom: 1px solid lightgray;border-collapse: collapse;"> <tr><td style="padding:14px 10px;"> <span style="color:#455;font-weight:bold;">Tomorrow's events: </span> <span class="event"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=721439a886&e=06cea4a9e4" style="text-decoration: none;color: #004860;">Earnings: NFLX, TSM</a></span> </td></tr> </table> <div class="first_section" style="margin-top: 4px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> top news </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_story first_in_section big_story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding-left:10px;vertical-align:top;"> <span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9ee2a0e5df&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">OpenAI launches o3, its most advanced reasoning model, and o4-mini, a lower cost alternative that still delivers “impressive results”, for ChatGPT paid users</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Igor Bonifacic / </span><span class="pub_name">Engadget</span>)</span> </td> <td style="padding: 0 10px;vertical-align:top;"> <div class="narrow_image" style="position:relative;"> <img src="https://www.techmeme.com/250416/i38.jpg"> </div> </td> </tr> <!-- <tr> <td colspan="2" style="padding:5px 10px 0;"> <span class="excerpt">ChatGPT Plus users can begin using both new models starting today.</span> <span class="cite">(Igor Bonifacic / Engadget)</span> </td> </tr> --> </table> <table style="border-collapse: collapse;"> <tr><td style="padding:5px 10px 3px;"> <div class="tweet" style="padding: 1px 0;"> <img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;"> <a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9a134a8281&e=06cea4a9e4" style="text-decoration: none;color: black;">@sama:</a> <a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c6701d208c&e=06cea4a9e4" style="text-decoration: none;color: black;">o3 and o4-mini are out! they are very capable. o4-mini is a ridiculously good deal for the price. they can use and combine every tool within chatgpt. multimodal understanding is particularly impressive.</a> </div> <div class="tweet" style="padding: 1px 0;"> <img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;"> <a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=05af7c6a65&e=06cea4a9e4" style="text-decoration: none;color: black;">@natolambert:</a> <a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=32b4d1adb9&e=06cea4a9e4" style="text-decoration: none;color: black;">TLDR on o3 and o4-mini: incremental. pace of progress still really high, no dramatic changes in performance or shocking new features. Pressure to ship fast across the industry has never been higher.</a> </div> <div class="tweet" style="padding: 1px 0;"> <img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;"> <a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5386dffcee&e=06cea4a9e4" style="text-decoration: none;color: black;">@emollick:</a> <a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=68d1b1006b&e=06cea4a9e4" style="text-decoration: none;color: black;">Interesting argument from @tylercowen. Is o3 good enough to be AGI? The counter argument might force us to wait until ASI, because only then will an AI definitively outperform all humans at all tasks. In the meantime we have a Jagged AGI, with subhuman & superhuman abilities. [image]</a> </div> </td></tr> </table> <table class="clustered_items" style="border-collapse: collapse;"> <tr><td style="padding:0px 10px 0 32px;"> <ul style="padding:0px 10px 0px 0px;"> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=eb7cc08bdf&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">OpenAI debuts Codex CLI, an open-source coding agent tool for terminals that links AI models with local code and computing tasks, like moving files</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kyle Wiggers / </span><span class="pub_name">TechCrunch</span>)</span> </li> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a93bdcb618&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">OpenAI says o3 and o4-mini represent a significant breakthrough in visual perception by reasoning with images in their chain of thought</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">OpenAI</span>)</span> </li> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=0fd8cbbde7&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">OpenAI says o3 and o4-mini are its first reasoning models that can use all ChatGPT tools, including web browsing, Python, and image generation</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Hayden Field / </span><span class="pub_name">CNBC</span>)</span> </li> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=09eb68fe50&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">OpenAI o3 review: it's “deep research-lite”, giving thorough answers quickly, free from some old ChatGPT limitations, and powerful thanks to ChatGPT integration</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Dan Shipper / </span><span class="pub_name">Every</span>)</span> </li> </ul> </td></tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="big_story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding-left:10px;vertical-align:top;"> <span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=7f71269442&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Source: OpenAI is in talks to acquire Windsurf, an AI coding tool formerly known as Codeium, for ~$3B; Windsurf was valued at $1.25B in a 2024 funding deal</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span> </td> <td style="padding: 0 10px;vertical-align:top;"> <div class="narrow_image" style="position:relative;"> <img src="https://www.techmeme.com/250416/i42.jpg"> </div> </td> </tr> <!-- <tr> <td colspan="2" style="padding:5px 10px 0;"> <span class="excerpt">OpenAI is in talks to acquire Windsurf, an artificial intelligence-assisted coding … </span> <span class="cite">(Bloomberg)</span> </td> </tr> --> </table> <table style="border-collapse: collapse;"> <tr><td style="padding:5px 10px 3px;"> <div class="tweet" style="padding: 1px 0;"> <img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;"> <a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=bffeab0218&e=06cea4a9e4" style="text-decoration: none;color: black;">@zachweinberg:</a> <a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=4d1cfafcc2&e=06cea4a9e4" style="text-decoration: none;color: black;">I'm sure everyone deep in the industry already knew this but very clear the core model co's realize they need to own the customer / application layer to actually make money. Tons of M&A likely coming to fight for the most mature application layer companies in the biggest categories (coding, marketing, maybe customer service). Will be very tough to compete with the OpenAI or Google or MSFT application bundle in the long run.</a> </div> <div class="tweet" style="padding: 1px 0;"> <img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;"> <a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e325cc6198&e=06cea4a9e4" style="text-decoration: none;color: black;">@stammy:</a> <a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=37b3cdb446&e=06cea4a9e4" style="text-decoration: none;color: black;">with the news of openai potentially acquiring windsurf, i'm just left wondering how github fumbled the ball on ai so hard. github is a strong business so this is not a huge knock on them but.. they could have had it all. they have all developers. they know the space and have talent that should know all about what's needed for building tools like windsurf/cursor. they had initial traction with copilot so it can't be entirely innovator's dilemma</a> </div> <div class="tweet" style="padding: 1px 0;"> <img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;"> <a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c5522d789e&e=06cea4a9e4" style="text-decoration: none;color: black;">@zacharydewitt:</a> <a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8c7c3c3eb2&e=06cea4a9e4" style="text-decoration: none;color: black;">Incredible outcome in <4 years! Seed: $3M on $26M post (11.5%) led by Greenoaks Series A: $25M on $215M post (11.6%) led by Greenoaks Series B: $65M on $510M post (12.7%) led by Kleiner Series C: $150M on $1.25B post (12%) led by GC Founders and team likely own ~55%.</a> </div> </td></tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="big_story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding-left:10px;vertical-align:top;"> <span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ad9296848c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Tech stocks plunge amid uncertainty over US tariff plans and China export controls: AMD, Nvidia, and ASML dropped 7%, Applied Materials and Lam Research fell 5%</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Samantha Subin / </span><span class="pub_name">CNBC</span>)</span> </td> <td style="padding: 0 10px;vertical-align:top;"> <div class="narrow_image" style="position:relative;"> <img src="https://www.techmeme.com/250416/i50.jpg"> </div> </td> </tr> <!-- <tr> <td colspan="2" style="padding:5px 10px 0;"> <span class="excerpt">Technology stocks dropped Wednesday, led by a 7% plunge in Nvidia … </span> <span class="cite">(Samantha Subin / CNBC)</span> </td> </tr> --> </table> <table class="clustered_items" style="border-collapse: collapse;"> <tr><td style="padding:0px 10px 0 32px;"> <ul style="padding:0px 10px 0px 0px;"> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=031df390b6&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Nvidia didn't warn some major Chinese customers that were expecting H20 chip deliveries about new US export curbs that Nvidia was told about on April 9</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Reuters</span>)</span> </li> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=65b4a0cb90&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Intel told its Chinese clients last week that sales of some AI chips would require a license; Nvidia was blindsided by Trump's curbs on its H20 chips</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Financial Times</span>)</span> </li> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=41facd62ed&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">SEC filing: AMD expects that new US license requirement for exporting AI chips to China, which applies to its MI308 products, may result in charges of ~$800M</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kyle Wiggers / </span><span class="pub_name">TechCrunch</span>)</span> </li> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=42c74913a0&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">UBS: Nvidia's $5.5B inventory charge indicates ~$13B in actual H20 sales; Nvidia reported $17.11B in FY 2025 revenue from China, up from $10.31B in FY 2024</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Dan Gallagher / </span><span class="pub_name">Wall Street Journal</span>)</span> </li> </ul> </td></tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=73fd63aac5&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">FTC v. Meta: Mark Zuckerberg says he considers TikTok the “highest competitive threat” for Facebook and Instagram in the past few years</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Julia Shapero / </span><span class="pub_name">The Hill</span>)</span> </td> </tr> </table> <table class="clustered_items" style="border-collapse: collapse;"> <tr><td style="padding:0px 10px 0 32px;"> <ul style="padding:0px 10px 0px 0px;"> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=97baf367e3&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">FTC challenges ex-Meta COO Sheryl Sandberg over past emails; she called Google+ a “real” competitor in 2011 and discussed blocking its ads on Facebook in 2012</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span> </li> </ul> </td></tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;background-color:#f4f4f4;" class="story sponsor"> <table class="leading_item" style="width: 100%;border-collapse: collapse;"> <tr> <td style="padding-left:10px;vertical-align:middle;"> <span class="label" style="display: block;color: #686860;font-size: 12px;font-weight: bold;padding: 2px 0;">SPONSOR</span> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=121be7a787&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Are you ready for the era of agentic AI?</a></span> <span class="excerpt" style="color: black;font-size: 16px;"> — Tech leaders are always talking about what's next, and right now, agentic AI is dominating the discourse. Equip yourself with the info you need in this recorded webinar.</span> </td> <td style="padding:0 20px 0 15px;vertical-align:middle;text-align:right;"> <a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8dc32feea4&e=06cea4a9e4" style="text-decoration: none;"> <img class="sponsor_image" src="https://techmeme.com/simg/telus_digital-Og5tgw1m.png"> </a> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=df9ffd8d7f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Former CISA Director Chris Krebs says he is resigning from SentinelOne to more freely challenge the White House, after Trump directed the DOJ to investigate him</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Wall Street Journal</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=fca405d6f8&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">CISA says it will extend funding to Mitre, which runs the CVE Program, and “there will be no lapse in critical CVE services”, after Mitre said funding expired</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Sergiu Gatlan / </span><span class="pub_name">BleepingComputer</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=68448711ed&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The US House opens a probe on whether Nvidia knowingly provided AI tech to DeepSeek in violation of US rules and asks Nvidia for details on its Asian customers</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">New York Times</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b6de95b407&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sensor Tower: Temu and Shein cut their ad spending on platforms including Meta and X an average of 31% and 19%, respectively, so far in April, compared to March</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Financial Times</span>)</span> </td> </tr> </table> <table class="clustered_items" style="border-collapse: collapse;"> <tr><td style="padding:0px 10px 0 32px;"> <ul style="padding:0px 10px 0px 0px;"> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=efc7de90c5&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">US credit and debit card data: Shein's US sales rose 29% YoY in March and 38% YoY in April's first 11 days, while Temu rose 46% and 60%, ahead of US tariffs</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span> </li> </ul> </td></tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=690e6ea62c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Lyft acquires Hamburg-based taxi app FreeNow from BMW and Mercedes-Benz for €175M and says the combined operations will serve 50M+ riders annually</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Tim Bradshaw / </span><span class="pub_name">Financial Times</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=292692bf70&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ryan Browne / </span><span class="pub_name">CNBC</span>)</span> </td> </tr> </table> <table class="clustered_items" style="border-collapse: collapse;"> <tr><td style="padding:0px 10px 0 32px;"> <ul style="padding:0px 10px 0px 0px;"> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=6c89135033&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">In a notice last week, China said it would exempt advanced chips from its US tariffs; experts say the move shows China won't let a trade war impact chip supply</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Meaghan Tobin / </span><span class="pub_name">New York Times</span>)</span> </li> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ce8d5458fa&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Nikkei Asia</span>)</span> </li> </ul> </td></tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a38653dbb4&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: the Trump administration plans to eliminate the IRS' free Direct File tax program, after IRS staff were told in mid-March to stop working on it</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Fatima Hussein / </span><span class="pub_name">Associated Press</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=169e463388&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">US Secretary of State Marco Rubio confirms the elimination of R/FIMI, an office aimed at tracking and countering foreign disinformation campaigns</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Eileen Guo / </span><span class="pub_name">MIT Technology Review</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e48877e8cf&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Apple says it has reduced its global greenhouse gas emissions by over 60% vs. 2015 levels as part of its commitment to reach full carbon neutrality by 2030</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Hartley Charlton / </span><span class="pub_name">MacRumors</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ed86ef0713&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Anna Tong / </span><span class="pub_name">Reuters</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9e2368523e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Q&A with Phil Spencer on A Minecraft Movie, potential IP for future movies, Microsoft's Hollywood goals, Fallout Season 2 and the Minecraft TV series, and more</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jennifer Maas / </span><span class="pub_name">Variety</span>)</span> </td> </tr> </table> </div> </div> <div class="section" style="margin-top: 12px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> artificial intelligence </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a03edb62b8&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Microsoft adds a Copilot Studio “computer use” tool that lets AI agents interact with websites and desktop apps and automatically adapts to changes in the apps</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Tom Warren / </span><span class="pub_name">The Verge</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=fb874d7b05&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Dylan Patel / </span><span class="pub_name">SemiAnalysis</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=6646c00dba&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kyle Wiggers / </span><span class="pub_name">TechCrunch</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c52fd8df2c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">A look at India's efforts to catch up in the AI race, as the government reviews 67 bids from startups and research labs seeking funding for domestic AI models</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Krishn Kaushik / </span><span class="pub_name">Financial Times</span>)</span> </td> </tr> </table> </div> </div> <div class="section" style="margin-top: 12px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> cryptocurrency </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a0a6194916&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ben Weiss / </span><span class="pub_name">Fortune</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=7958b1ee33&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Reuters</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5357a19dee&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Suvashree Ghosh / </span><span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> </div> <div class="section" style="margin-top: 12px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> streaming audio </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=acaaf00f3c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Spotify is back online after an outage on April 16; users reported issues from 8:00am ET, and Spotify said it's “all clear” just after noon</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jess Weatherbed / </span><span class="pub_name">The Verge</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=cb1791ee30&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Deezer says ~18% of songs uploaded to the service are AI-generated; 20K AI-generated songs are uploaded daily, nearly twice the number reported four months ago</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Reuters</span>)</span> </td> </tr> </table> </div> </div> <div class="section" style="margin-top: 12px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> funding deals </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=44b98ff0eb&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Medicare broker Chapter, which was co-founded by Vivek Ramaswamy and uses AI to aggregate comprehensive plan data, raised $75M at a $1.5B valuation</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Max Chafkin / </span><span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=56ac695fc1&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Data orchestration startup Hammerspace, which counts Nvidia, Meta, Tesla, Palantir, and the DOD as clients, raised $100M, sources say at a $500M+ valuation</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ingrid Lunden / </span><span class="pub_name">TechCrunch</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c8abda76a1&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">São Paulo-based Onfly, which offers a corporate travel and expense management service, raised a $40M Series B led by Tidemark to expand further into LATAM</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Justin Dawes / </span><span class="pub_name">Skift</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=73ce0238ef&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Cape Town-based Stitch, which provides an online payments suite to enterprises, raised a $55M Series B led by QED Investors, bringing its total funding to $107M</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">PYMNTS.com</span>)</span> </td> </tr> </table> </div> </div> <div class="section" style="margin-top: 12px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> social networks </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=2f1c8c6589&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">TikTok begins testing Footnotes, a Community Notes-like feature to add “more context” to videos, in the US; Footnotes won't affect algorithmic ranking</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Karissa Bell / </span><span class="pub_name">Engadget</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=dc2218c5b3&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">FOI documents: Australian Communications Minister Michelle Rowland gave a personal guarantee to YouTube that it would be exempt from a teen social media ban</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Angus Whitley / </span><span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> </div> <div class="section" style="margin-top: 12px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> venture capital </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=dc668eb881&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">PitchBook: US startups raised $91.5B in Q1 2025, up 116% YoY, while the number of deals fell 25% YoY to 3,003, as more money went into fewer very large rounds</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Natasha Mascarenhas / </span><span class="pub_name">The Information</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b24f2a2cc4&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ellen Huet / </span><span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=fb03196fc7&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Rest of World</span>)</span> </td> </tr> </table> </div> </div> <div class="section" style="margin-top: 12px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> M&A </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9a4c3d6090&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Infinite Reality, which recently bought Napster, acquires AI customer support startup Touchcast for $500M in cash and stock, valuing Infinite Reality at $15.5B</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Anne VanderMey / </span><span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5a1d085809&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Pranav Mukul / </span><span class="pub_name">The Economic Times</span>)</span> </td> </tr> </table> </div> </div> <div class="section" style="margin-top: 12px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> more news </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=806c7640d0&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Documents: ICE awarded Palantir nearly $30M in April 2025 to enhance its Investigative Case Management system, after a $90M, five-year deal in September 2022</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Joseph Cox / </span><span class="pub_name">404 Media</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c206f10827&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Nvidia GeForce RTX 5060 Ti 16GB review: great value and performance, GDDR7 offers more bandwidth, but the GPU's retail pricing and availability remain uncertain</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jarred Walton / </span><span class="pub_name">Tom's Hardware</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b09ea832d3&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Indian EV ride-hailing startup BluSmart appears to have suspended service a day after regulators launched a probe into Gensol, which shares its co-founders</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jagmeet Singh / </span><span class="pub_name">TechCrunch</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e380e3f7b1&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Patreon plans to test livestreaming within its mobile app and on the web with select users this week ahead of a wider rollout in summer 2025</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Lauren Forristal / </span><span class="pub_name">TechCrunch</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;background-color:#f4f4f4;" class="story sponsor"> <table class="leading_item" style="width: 100%;border-collapse: collapse;"> <tr> <td style="padding-left:10px;vertical-align:middle;"> <span class="label" style="display: block;color: #686860;font-size: 12px;font-weight: bold;padding: 2px 0;">SPONSOR</span> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=be77a7aa77&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Everything new in the Zoho Sign Android mobile app</a></span> <span class="excerpt" style="color: black;font-size: 16px;"> — With a 4.5 star user rating in the Google Play Store, Zoho Sign's native mobile app for Android is a must-have for secure, swift, and hassle-free paperwork management.</span> </td> <td style="padding:0 20px 0 15px;vertical-align:middle;text-align:right;"> <a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=619acb9031&e=06cea4a9e4" style="text-decoration: none;"> <img class="sponsor_image" src="https://techmeme.com/simg/zoho-EplOzah5.png"> </a> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=fb9d385eb1&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">European carmakers are increasingly doing deals with Chinese rivals to prevent them from falling behind in core areas such as software and autonomous driving</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Financial Times</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e978596d10&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Google says it suspended 39.2M US advertiser accounts on its platform in 2024, up over 3x from 12.7M in 2023, and took down 1.8B ads, aided by new AI tools</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jagmeet Singh / </span><span class="pub_name">TechCrunch</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b7bd8f1930&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Indian food delivery and quick commerce platform Swiggy launches Pyng, an online marketplace to let users find verified professionals like financial advisors</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Debaroti Adhikary / </span><span class="pub_name">Moneycontrol</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=103738381a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ben Quinn / </span><span class="pub_name">The Guardian</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c4f45696fe&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Starlink, which entered Nigeria in January 2023, ranks second among pure-play ISPs with 65K+ Nigerian subscribers in Q3 2024 due to reliable, high-speed access</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Damilare Dosunmu / </span><span class="pub_name">Rest of World</span>)</span> </td> </tr> </table> </div> </div> <div class="footer" style="width:100%;border-top:1px solid lightgray;padding:14px 0;"> <table style="background-color: #FFFFFF;width: 100%;border-collapse: collapse;"> <tr> <td align="center" valign="top" style="padding-top:10px; padding-bottom:10px;"> <table style="width: 100%;border-collapse: collapse;"> <tr> <td align="center" valign="top" style="color:#606060; font-size:13px; line-height:190%; padding-right:10px; padding-bottom:5px; padding-left:10px; text-align:center;"> This email was sent to <a href="mailto:orbit.web.92@getmynews.app" target="_blank" style="color: #404040 !important;text-decoration: none;">orbit.web.92@getmynews.app</a> <br> <a 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