Reading List

The most recent articles from a list of feeds I subscribe to.

A look at Foxconn's $2.5B "Project Elephant", an upcoming factory on the outskirts of Bengaluru, its second-largest factory outside China, creating 40,000 jobs (Ananya Bhattacharya/Rest of World)

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A profile of Bo Hines, a 29-year-old official in the Trump administration who has become the main liaison between the White House and the crypto industry (Fortune)

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India's top IT firms, TCS, Infosys, and Wipro, are facing their steepest growth slowdown in years amid global economic uncertainty and geopolitical challenges (Manish Singh/India Dispatch)

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Sources: BOA, principally lobbying through trade associations, is pushing US lawmakers for rules favoring banks over tech companies in stablecoin issuance (The Block)

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Garment workshops are closing across the "Shein village" in Panyu, China, after the US ended the de minimis exemption; Shein urges suppliers to shift to Vietnam (Kentaro Shiozaki/Nikkei Asia)

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API-based background check provider Checkr acquires income and employment verification startup Truework, which had raised $125M+ and was last valued at ~$480M (Ryan Lawler/Axios)

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PE firm KKR agrees to acquire and take private Frankfurt-listed IT company Datagroup for about €450M in an all-cash deal expected to close in Q3 2025 (Emma-Victoria Farr/Reuters)

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HR management company Paychex acquires Paycor, which provides HR and payroll management software, for $4.1B in an all-cash deal (PYMNTS.com)

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The Trump administration's restrictions on AI chip exports by Nvidia, AMD, and Intel to China could help turn Huawei into a global chip-making powerhouse (Tripp Mickle/New York Times)

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OpenAI says its new o3 and o4-mini AI models hallucinate more often than its previous reasoning and traditional models, and the company doesn't know why (Maxwell Zeff/TechCrunch)

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Experts say two federal judges declaring Google a monopoly within a year signals a judicial shift toward addressing anticompetitive behavior in digital markets (Steve Lohr/New York Times)

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Oregon sues Coinbase, alleging the exchange is selling unregistered securities; Coinbase CLO Paul Grewal says it's a "copycat case" of SEC's now-dropped lawsuit (Vince Quill/Cointelegraph)

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A US judge temporarily halts mass firings at the US CFPB after the agency fired between 1,400 and 1,500 workers, eliminating as much as 90% of its workforce (Douglas Gillison/Reuters)

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A Nevada judge rules that "tower dumps", the law enforcement practice of grabbing vast troves of private personal data from cell towers, is unconstitutional (Matthew Gault/404 Media)

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Nintendo says Switch 2 preorders will start in the US on April 24, with the price staying at the initially announced $450; prices of accessories will go up (The Verge)

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Sources: the EU planned to penalize Meta and Apple on April 15 but delayed the announcement, avoiding conflict with the Trump administration before trade talks (Wall Street Journal)

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A look at Google's efforts to improve Search with AI; sources: its leaders have struggled to articulate a vision for how they want Search features to evolve (Erin Woo/The Information)

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Filing: Netflix co-CEOs Ted Sarandos and Greg Peters saw total compensation of about $61.9M and $60.3M in 2024, up from $49.8M and $40.1M in 2023, respectively (Jill Goldsmith/Deadline)

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Ted Sarandos says Netflix talent uses "AI tools to do set references, pre-vis, VFX sequence prep, shot planning" and AI can make movies "10% better" (Dade Hayes/Deadline)

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Exaforce, which lets cybersecurity teams work with AI agents to cut false positives and busywork, raised a $75M Series A led by Khosla, Mayfield, and Thomvest (Chris Metinko/Crunchbase News)

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