As the EU's DMA takes effect, sources say the Biden administration, which sent two letters protesting the DMA, stopped short of pushing the issue with the EU
The European Union's landmark Digital Markets Act comes into effect today, requiring changes at five U.S. internet giants
The EU confirms requesting further explanations from Apple over removing Epic's developer account under the DMA, and is examining if Apple broke any other rules
- Epic Games barred by Apple from opening own iPhone app store — EU says it is looking to see if firm has broken new tech law
Letter to Epic: Apple's lawyers cite Tim Sweeney's attacks, including an X post, and say Epic is part of a “global effort to undermine or evade Apple's rules”
To understand what just happened, one needs to rewind to the start … Tom Ivan / Video Games Chronicle : EU says it's investigating why Apple terminated Epic's developer account Maxwell Zeff / Gizmodo ...
Kuo: Apple's only foldable device with a “clear development schedule” is the 20.3-inch MacBook, which is expected to enter mass production in 2027
We've been hearing a lot of rumors about Apple working on multiple foldable devices. While most of them refer to devices similar …
The White House is backing a bipartisan bill that would force ByteDance to sell TikTok if the company wants to keep the app in US app stores
namely, TikTok's actions that demonstrate a clear national security risk—conduct that is not protected by the First Amendment. Dr. Neal Dunn / @drnealdunnfl2 : Take or leave it! We are trying to remin...
MacBook Air (2024) review: sturdy and sleek, fast M3 chip, excellent 13- and 15-inch displays, great keyboard, and solid speakers, but USB-C is only on one side
Apple's M3 chip is a decent speed bump, but the M2 MacBook Air remains a great deal. — It's hard to expect much from Apple's new M3-equipped MacBook Airs.
The US DOJ charges former Google software engineer Linwei Ding with stealing AI trade secrets from Google while secretly working with two China-based companies
A former software engineer at Google has been charged with stealing artificial intelligence technology from the company …
A deep dive into Apple's failed EV project: indecision, prototypes, and partnership or acquisition talks with Mercedes-Benz, BMW, VW, Tesla, McLaren, and others
Tim Cook shut down plans to acquire Tesla before cycling through a junkyard's worth of self-driving designs over the past decade.
Epic says Apple removed its iOS developer account, hampering its app store plans, and shares a letter from Apple lawyers calling Epic “verifiably untrustworthy”
Microsoft announces a New Era of Work event on March 21 at 9am PT, where updates to Windows 11, Microsoft Copilot, Surface Pro, and Surface Laptop are expected
New Surface hardware and Windows 11 features will be announced on March 21. — What you need to know
How the EU's DMA could impact Apple and Google's rivalry; sources say Google lobbied EU officials in 2023 to let users download apps from alternative app stores
Under the new rules, the iPhone maker will open up parts of its lucrative app ecosystem, providing an opportunity for rivals like Google
TikTok sends US users a push notification saying Congress plans a total ban, with a link to find representatives, after the White House supported a TikTok bill
A push notification warns that the move ‘strips 170 million Americans of their Constitutional right to free expression.’
As part of its DMA compliance plan, Google details its new program that lets Play Store developers lead EEA users outside their app, including fees of 5% to 17%
Google today is sharing more details about the fees that will accompany its plan to comply with Europe's new Digital Markets Act …
Research suggests that prompt engineering is best done by the LLM itself, raising suspicions that a fair portion of prompt engineering jobs may be a passing fad
Since ChatGPT dropped in the fall of 2022, everyone and their donkey has tried their hand at prompt engineering …
FBI: in 2023, Americans reported $12.5B+ in losses to online fraud, up 22% YoY; losses to investment fraud grew 38% YoY to $4.57B, with $3.94B related to crypto
More than $12.5 billion was lost in 2023 to online fraud in cases reported by the American public, according …
Paris-based Zama, an open-source cryptography startup developing fully homomorphic encryption technology for blockchain and AI apps, raised a $73M Series A
Zama SAS, an open-source cryptography startup focused on building fully homomorphic encryption or FHE technology to protect privacy …
Analysis: Temu and Shein are spending billions on Facebook, X, and YouTube ads in the US; Temu placed ~1.4M ads globally across Google services in the past year
meaning, if temu and SHEIN turn off the money faucet tomorrow they'd still have a broad base of Chinese revs Rat King / @mikeisaac : last thought and then i will shut up: Blitzing FB with ads to estab...
After IAB Europe appealed a 2022 decision, the EU's highest court rules that IAB's online advertising model uses personal data and is therefore subject to GDPR
After clarification from Luxembourg, the Belgian Court of Appeal will now rule on the case. — IAB Europe's online advertising …
Spotify plans to raise its prices in France due to a new tax law that adds a 1.2% tax on streaming companies' revenue to help finance local music creation
Swedish streaming service Spotify (SPOT.N) on Thursday said it would increase its prices in France due to a new tax, which it argued would fail to accomplish its intended goal.
Filing: BlockFi and FTX reach a tentative agreement to settle all litigation, with BlockFi receiving claims of $185.2M against FTX and $689.3M against Alameda
The agreement between the two bankrupt crypto companies awaits court approval — BlockFi and FTX have reached a tentative agreement …
Meta details WhatsApp and Messenger interoperability under the EU's DMA, saying third parties must use Signal's protocol, which Meta already uses for encryption
Inflection launches Inflection-2.5, which for weeks has helped its chatbot Pi perform “neck and neck with” OpenAI's GPT-4, and says Pi has 1M DAUs and 6M MAUs
- CEO Mustafa Suleyman said he is particularly pleased that Inflection 2.5 achieved these results while using only 40% of the training compute as GPT-4.
Sources: Temu became Meta's top advertiser by revenue in 2023 by spending nearly $2B on ads, and became one of Google's top five advertisers by spending in 2023
The e-commerce platform's parent company spent nearly $2 billion at Meta last year and it was a top advertiser at Google
Sources: Apple spent $700M+ of its reported $1B+ 2023 studio spend on just Napoleon, Killers of the Flower Moon, and Argylle, which earned $466M combined
On March 10, the tech giant has 13 shots to take home an Oscar via two historical epics, “Killers of the Flower Moon” and “Napoleon …
How Microsoft has run a Chinese version of Bing since 2009, helping Beijing maintain its Great Firewall; China accounted for 1.8% of Microsoft's sales in 2020
The company's search engine does good business in China, a market Google and Facebook abandoned years ago.
In a letter, 41 state AGs call on Meta to address the “dramatic increase” in Facebook and Instagram account takeovers and say hackers buy ads on its services
A Montenegro court rules that Terraform Labs co-founder Do Kwon will be extradited to South Korea, reversing another court's decision to extradite him to the US
MK Manoylov / The Block :
In X replies, Elon Musk says a future version of X's timeline will only show view counts, and users can swipe right to reply, left to favorite, and tap for more
Jody Serrano / Gizmodo :
Sources: Discord revenue has quadrupled since 2020 to over $600M on an annualized basis; Discord claims 200M+ MAUs and launches rewards for playing games online
- Company's sales have quadrupled to $600 million since 2020 — New product will help video-game makers find new players
Facebook is working on an AI system for video recommendations across all its services; the model architecture has led to “an 8% to 10% gain in Reels watch time”
signaling more upside to market @thetranscript_ : $META's Head of Facebook App: “Facebook Reels is now about kind of 1/3 of Facebook's video time. Facebook video time is over 50% of our overall time s...
CCDH: Midjourney, DreamStudio, ChatGPT Plus, and Microsoft Image Creator created election disinformation in 41% of tests; Midjourney was most likely to do so
Sources: after the resolution of the Sequoia-Klarna ordeal, Klarna's co-founders continue to clash on key governance decisions, like post-IPO control of Klarna
- Recent boardroom spat stemmed from tension between co-founders — Pair continue to clash as company explores potential IPO X: @mhbergen and @aishagani X: Mark Bergen / @mhbergen : Did you follow the...
Rozana, a rural e-commerce and logistics service presently serving 12,000+ villages across India, raised a $22.5M Series A led by Bertelsmann India Investments
Shashank Pathak / Entrackr :
Apple plans to let EU-based iPhone users uninstall Safari by 2024 end and is working on a more “user-friendly” way to let them switch to Android by fall 2025
Jon Porter / The Verge :
Google opens a cyberdefense hub in Tokyo, its first in the Asia-Pacific region, and plans to invite engineers in the region to study how to combat cyberattacks
Nikkei Asia :
DCG files a motion to dismiss NY AG Letitia James' lawsuit over an alleged $3B investor fraud, and CEO Barry Silbert files to dismiss accusations he hid losses
Calling It ‘Baseless’ Jody Godoy / Reuters : Crypto venture firm seeks dismissal of New York attorney general's fraud lawsuit Ronaldo Marquez / Bitcoin Insider : Digital Currency Group Counters Lawsui...
SK Hynix plans to invest over $1B in advanced chip packaging in South Korea, as the company hopes to capture the growing demand for high-bandwidth memory
Yoolim Lee / Bloomberg :
Twitch details its 2024 plans: redesigning its mobile app for the first time since 2019 to add mod tools, the ability to upload short videos, and more
Will Shanklin / Engadget :
Sources and filings: Pornhub, Xvideos, and Stripchat challenge the EU over new DSA moderation rules; porn platforms must submit compliance plans by April 20
Clothilde Goujard / Politico :
Spain-based Multiverse Computing, which makes software to compress LLMs using “quantum-inspired tensor networks”, raised a €25M Series A at a €100M valuation
Ingrid Lunden / TechCrunch :
Dubai-based social media startup Hunch, which operates an anonymous polling service and claims to have 1M+ users across 22 Indian cities, raised a $23M Series A
Robinhood says up to 25% of its trading volume is outside of traditional market hours, and investors have traded $10B+ overnight since the launch in May 2023
Paige Smith / Bloomberg :
An interview with LinkedIn EIC Dan Roth on investing in journalism and news, working with 400+ news publishers globally, launching a podcast network, and more
LinkedIn doubles down on news as social rivals retreat https://lnkd.in/... See also Mediagazer
Remofirst, which helps remote teams manage payroll, taxes, hiring-related compliance, compensation, and more, raised a $25M Series A led by Octopus Ventures
Mary Ann Azevedo / TechCrunch : LinkedIn: David Hughson and Fernando Alves LinkedIn: David Hughson : This funding news is just one in a series of steps that we're taking to bring the reality of “Free...
Sources detail Beijing's Document 79, issued in September 2022, directing state-owned companies to replace foreign email, HR, and other enterprise software
A directive known as Document 79 ramps up Beijing's effort to replace U.S. tech with homegrown alternatives @lizalinwsj @raffaelehuang @Kubota_Yoko https://www.wsj.com/... https://www.wsj.com/... Mart...
Source: Y Combinator CEO Garry Tan early this year talked with OpenAI directors about joining the board, but it is unclear if the board is still considering Tan
Natasha Mascarenhas / The Information : X: @nmasc_ X: Natasha Mascarenhas / @nmasc_ : Scoop: YC CEO Garry Tan among those who had prelim conversations with OpenAI board about joining as a director. U...
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