18th April 2025 I Top Tech News I America I Europe I Asia I #techmeme #youtube #trending

ChatGPT users are figuring out the location of photos using o3’s image-analyzing capabilities paired with its web search functionality, raising privacy concerns
US consumers are flocking to Chinese shopping apps DHgate and Taobao, which let them buy direct from manufacturers, as Shein and Temu prices rise amid tariffs
Netflix says co-founder Reed Hastings has left his post as executive chairman to become chairman and non-executive director of the company
Google is offering its Google One AI Premium plan for free to US college students until spring 2026; students have until June 30, 2025, to sign up
Amazon plans to release its first TV streaming device with its Vega OS, used in some Echo devices, in 2025 and is courting publishers to add their apps
Instagram launches Blend, an invite-only, personalized Reels feed for users and their friends in a group chat with new content every day
The US FDA cleared Neuralink rival Precision Neuroscience in late March 2025 to offer a less invasive brain implant; the device contains 1,024 metal electrodes
The Wikimedia Foundation partners with Kaggle to release a dataset of “structured Wikipedia content in English and French” optimized for AI model training
Nvidia CEO Jensen Huang arrived in China on April 16 and visited Beijing on April 17, a source says to meet officials to discuss Trump’s new chip export rules
Polish parcel locker operator InPost acquires UK delivery service Yodel, boosting its UK market share from 2% to ~8% and delivering 300M+ UK parcels annually
 In Q1 2025, AI startups raised $73.1B, accounting for 57.9% of global VC funding, with OpenAI’s recent round led by SoftBank contributing $40B
Smashing, an AI-powered news and social media posts aggregation app by Goodreads co-founder Otis Chandler, shuts down, citing its inability to grow quickly
US community colleges are battling a flood of fake, or bot, students who bilk financial aid by enrolling in online classes and submitting AI-generated work
In South Korea, active YouTube users spent 210 minutes per day on the service in Q4, while Netflix subscribers spent 96 minutes per day on the streamer
China bans automakers from using “smart driving” or “autonomous driving” in ads for driver-assist tech and tightens scrutiny after a fatal Xiaomi EV crash
OpenAI and SoftBank are considering investing in the UK for Stargate as part of an international expansion, if the project proves successful in the US

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CNBC explores challenges currently facing U.S. tech workers, including mass layoffs, widespread cuts in company budgets, and threats of deportation for H-1B visa holders.

“The layoffs to the start of 2024 signal a dramatic shift in the tech industry,” said Jeff Shulman, professor at the University of Washington’s Foster School of Business. The number of tech sector layoffs in 2024 has been outpacing the number of terminations in 2023. So far, about 42,324 tech employees were let go in 2024, according to

Layoffs.fyi, which tracks layoffs in the tech industry.

While layoffs have put stress on the workforce, a booming artificial intelligence market is giving the industry a renewed sense of optimism. Generative AI startup deals announced or finalized in the first quarter of this year totaled more than $12 billion compared to about $4.5 billion invested in the space last year, according to PitchBook.

On July 16, 2023, Canada opened visa applications for a pilot program that would allow up to 10,000 H-1B visa holders in the United States to apply for a three-year open-work permit in Canada. H-1B holders are highly educated and specialized foreign workers that work in fields such as tech. After massive layoffs in the tech industry, this was a lifeline for H-1B holders who needed to find a new job or face deportation.

Chapters:
00:00 Introduction
00:47 Why Widespread Tech Layoffs Keep Happening Despite A Strong U.S. Economy (Published February 2024)
13:01 Where Thousands Of Tech Workers Went After Mass Layoffs (Published August 2023)
26:46 How The U.S. Lost Thousands Of High-Skilled Workers To Canada (Published November 2023)

Produced by: Anuz Thapa, Shawn Baldwin, Sydney Boyo
Edited by: Michael Hoyt, Nic Henry, Sydney Boyo
Narration by: Jordan Smith
Graphics by: Jason Reginato, Christina Locopo, Alex Wood, Josh Kalven
Supervising Producers: Jeff Morganteen, Jeniece Pettitt, Lindsey Jacobson
Camera by: Andrew Evers
Additional Footage: Getty Images, CSPAN, U.S. Citizenship and Immigration Services, Government of Canada
Additional Editing: Emily Rabbideau

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Where Are Laid Off Tech Employees Going? | CNBC Marathon

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