Bloomberg: The US announces a new 34% “reciprocal” tariff rate on almost all products imported from China, going into effect from April 9, 2025 — The US has hit China with the biggest-ever tariff hike on almost all Chinese products, bringing total levies to at least 54% … Lees verder op Tech Meme
Jess Weatherbed / The Verge: Adobe updates Premiere Pro with AI features like Generative Extend, which lets users extend clips by up to two seconds in 4K quality and with background audio — Generative Extend is now rolling out, alongside an AI-powered search panel and caption translations. Lees verder op Tech Meme
Tripp Mickle / New York Times: Apple shares drop 7%+ after hours after President Trump announced new tariffs, including 46% on Vietnam and 26% on India, where Apple has been moving production — The iPhone maker spent years trying to move production of some products out of China to avoid tariffs. But now that may not matter. Lees verder op Tech Meme
Bloomberg: Source: Scale AI generated ~$870M in 2024 revenue, with its annualized run rate reaching $1.5B by the end of 2024, and expects to generate $2B in 2025 revenue — Startup generated revenue of about $870 million last year. — Scale AI, a startup that helps companies develop artificial … Lees verder op Tech Meme
Bloomberg: Siemens agrees to acquire Boston-based R&D scientific software company Dotmatics from Insight Partners for $5.1B, and expects the deal to close in H1 2026 — Siemens AG has agreed to acquire Dotmatics for $5.1 billion as part of a push to provide more artificial intelligence software to life sciences companies. Lees verder op Tech Meme
Lucas Ropek / Gizmodo: Key parts of the US Social Security site have crashed in the past week, as phone support is reduced; report: SSA’s site was down four times in 10 days in March — Elon Musk’s organization has been monkeying with America’s retirement system, with no positive results so far. Lees verder op Tech Meme
Kaya Yurieff / The Information: Source: President Trump plans to announce TikTok America, a company that is ~50% owned by US investors and 19.9% by ByteDance, which would license the algorithm — President Donald Trump plans to announce later on Wednesday his plan for a new company called TikTok America … Lees verder op Tech Meme
Wall Street Journal: Sources: AppLovin has made a bid for TikTok and talked to casino magnate Steve Wynn about backing it; a source says AppLovin pitched itself as a job creator — Trump is expected to be briefed Wednesday on a framework to keep the video-sharing app operational Lees verder op Tech Meme
Spencer Soper / Bloomberg: The White House says “de minimis” exemptions for packages under $800 from China and Hong Kong will end on May 2, affecting Temu, Shein, and other marketplaces — De minimis tariff exemptions, which currently allow packages worth as much as $800 from China and Hong Kong to enter the US duty free … Lees verder op Tech Meme
Tripp Mickle / New York Times: Apple shares drop 7%+ after hours following Trump’s announcement of new tariffs of 46% on Vietnam, 26% on India, and 34%, on top of the existing 20%, on China — The iPhone maker spent years trying to move production of some products out of China to avoid tariffs. But now that may not matter. Lees verder op Tech Meme