Axios

NEW: Google for the first time showed off prototype glasses that combine a miniature display with the company's Gemini AI assistant. Android XR head Shahram Izadi and a colleague showed the glasses, which look similar to a standard pair of specs, performing live translation from Farsi to English, scanning a book and performing other tasks.

Global corporations rushed out of China to dodge tariffs during Trump's first term. This time around, they have nowhere to hide — and policy is changing faster than supply chains can.

Consumer confidence dropped precipitously on Monday, as Americans absorbed news on stock market plunges and sky-high tariffs.

"A Minecraft Movie" raked in a whopping $163 million in its domestic box office debut, marking the biggest box office weekend opener by far this year. The film brought in $313 million in sales internationally, per Comscore.

Axios Media Trends Executive members received their first biannual Platform Insights report over the weekend, produced by Sara Fischer, Christine Wang and me, along with amazing support by our visuals team The 38-page report covers policy, advertising and product changes made across the big platforms over the past six months and analysis of the resulting trends including… ✅ Community policing replacing fact-checking online 👀 TikTok features becoming ubiquitous across mobile apps 📉Traditional search ad growth slowing amid new competition What’s next: We’re hosting a 30-minute video briefing about the report on April 9 at 2 p.m. ET. For access to the report, that briefing and much more exclusive content, become a member today: https://lnkd.in/ewkytMY2

BREAKING: Trump threatened to impose an extra 50% tariff on China, but opened the door to talks with other nations on a path to lowering their tariffs.

NEW: Stocks swung dramatically Monday after a false report circulated that the White House would pause most of Trump's tariffs for 90 days.

Fintech giant Klarna has put its IPO plans on ice, due to Trump's trade war. And then so did Chime, eToro, MNTN, and StubHub. This is the sum of all fears for venture capitalists. https://trib.al/NWiiJYZ

Investors are losing trillions of dollars. Recession odds are rising — and unlike past market crises, a coordinated policy response has been withheld thus far. U.S. stock indices opened 3% to 4% lower on Monday.

🚨 Breaking media deals news (not about TikTok): G/O Media has sold business news brand Quartz and commerce site The Inventory to Canadian software firm Redbrick This deal marks the fourth ownership change for Quartz over the past seven years. It also represents further erosion of G/O Media as it offloads nearly all of its assets (seen in the photo below)... 📌 Ziff Davis: Lifehacker 📌 Paste Media: Jezebel, Splinter, The A.V. Club 📌 Static Media: The Takeout, Jalopnik 📌 Lineup Publishing: Deadspin 📌 Keleops: Gizmodo.com 📌 Global Tetrahedron: The Onion 👀 G/O's only remaining brands are Kotaku and The Root More details on Axios with Sara Fischer: https://lnkd.in/edzZyzRy