Elisabeth Buchwald / CNN:
The White House says that tariffs on China are set to rise to 104% at 12:01am ET Wednesday after China missed Trump’s deadline to remove its reciprocal tariff — President Donald Trump is set to impose an astounding 104% in levies across all Chinese imports on Wednesday …
Chance Miller / 9to5Mac:
White House Press Secretary Karoline Leavitt says that President Trump believes the US has the resources and workforce to build iPhones in the US — Trump’s massive 104% tariffs on China are set to go into effect at midnight tonight, a move that will have a major impact on Apple and its supply chain.
Antonio G. Di Benedetto / The Verge:
Razer pauses direct sales of the upcoming Blade 16 and other laptops in the US as new tariffs loom — With tariffs set to kick in tonight, Razer’s new Blade 16 and other laptops are no longer available to purchase directly. … Razer’s upcoming Blade 16 and other laptops are no longer available …
Bradly Shankar / MobileSyrup:
Nintendo says Switch 2 pre-orders in Canada “will not start on April 9, 2025 in order to align with the timing of pre-orders to be determined in the US” — The pre-orders were originally set to go live on April 9 — Nintendo has confirmed that pre-orders for the Nintendo Switch 2 …
Allison Schiff / AdExchanger:
Snap releases sponsored AI lenses, a new generative AI ad format users can interact with and that is powered by One Snap, its homegrown generative AI tech — The creative on Snapchat has evolved a lot since those puking rainbow filters. — On Tuesday, Snap released sponsored AI lenses …
Todd Bishop / GeekWire:
Emergency response drone maker Brinc announced $75M in funding led by Index Ventures, bringing total raised to $157.2M; Motorola will become Brinc’s distributor — Seattle-based Brinc announced $75 million in new funding and a strategic alliance with Motorola Solutions …
Karen Freifeld / Reuters:
Sources: TSMC could face a $1B+ penalty to settle a US export control investigation over a chip it made that ended up inside Huawei’s Ascend 910B chip — Taiwan Semiconductor Manufacturing (2330.TW) could face a penalty of $1 billion or more to settle a U.S. export control investigation …
Jagmeet Singh / TechCrunch:
Rain, which offers an employer-integrated personal finance and earned wage access app, raised a $75M Series B led by Prosus at a $340M post-money valuation — Rain, a startup offering employer-integrated earned wage access (EWA) app coupled with financial-wellness features like overdraft alerts …
Bloomberg:
Sources: hackers intercepted ~100 bank regulators’ emails, 150K+ in total, for over a year at the US Treasury’s OCC, which disclosed a breach on February 26 — – Attackers lurked within OCC email accounts since 2023 — Chinese state hackers previously targeted Treasury files
Ashley Capoot / CNBC:
Transcarent, an app-based medical concierge service for businesses, completes its $621M acquisition of digital health company Accolade, taking it private — Digital health startup Transcarent on Tuesday announced it completed its acquisition of Accolade in a deal valued at roughly $621 million.
