Crypto News: LG and Samsung's fridge rentals

Get exclusive scoops, insights and analysis from Bloomberg technology reporters with the Tech Newsletter Bundle subscription. Includes the subscriber-only newsletters Tech In Depth, Power On, Q&AI, Game On and Soundbite and paywall-free access to the links in them.
Subscribe now

Hi, you're receiving our free Tech In Brief newsletter because you had been getting one of Bloomberg's technology newsletters that are now subscriber-only. You can manage your subscriptions here.

Tech Across the Globe

China shuns Hollywood: Beijing said it would reduce the number of American-made films that can be imported into China, a new front in its escalating trade clash with the US. However, the Chinese market was already of limited importance to Hollywood, as the number of releases approved by Beijing has declined from a 2018 peak.

Poland embraces Temu: The most visited e-commerce platform in Poland this March was Temu, owned by Chinese giant PDD Holdings. It had 18.1 million users, ousting local marketplace Allegro.

Console prices going up: Sony and Nintendo are likely to increase console prices due to the tariffs, with Bloomberg Intelligence's base-case scenario seeing a 30% hike.

Revalued

TSMC posted better-than-expected sales growth of 42%, underscoring strengthening demand for AI servers and smartphones before US tariffs kicked in.

Today's must read

In South Korea, where hulking and highly advanced home appliances can cost upwards of $2,000, the concept of renting rather than buying home wares is taking off. Yoolim Lee reviews the experience of shopping for white goods in the highly technological country.