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February 19, 2024, 11:00 AM
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Top News

Javier Espinoza / Financial Times:
Sources: the EU plans to fine Apple around €500M for allegedly breaking EU law over access to music streaming services, following a 2019 complaint by Spotify  —  Move is culmination of long-running European Commission antitrust probe after a complaint by Spotify
Mark Gurman / Bloomberg:
Apple Store sources: Vision Pro returns are between average and above average compared to other products; in-store demo conversion rate is as high as 10% to 15%  —  The Apple Vision Pro has now been available for two weeks — and some of Apple's most dedicated customers are returning the device to get back their $3,500.
Foo Yun Chee / Reuters:
Document: the European Commission opens formal DSA proceedings against TikTok to assess its efforts to protect children, the second DSA investigation after X  —  The European Commission has opened formal proceedings against ByteDance's TikTok under the Digital Services Act (DSA) …
Drew Harwell / Washington Post:
The US awards $1.5B to GlobalFoundries from the $52B CHIPS Act to build a new fab in Malta, New York, and to expand its Fab 8 plant, plus $1.6B in loans  —  The massive grant, part of the Chips Act, will help the U.S. establish a homegrown supply for some of the most critical components of modern life.
Wall Street Journal:
Tech investors and founders are flocking back to San Francisco, currently undergoing an AI boom, after leaving during the pandemic for Miami and other US cities  —  In 2020, venture capitalist Keith Rabois urged startup founders to join him in ditching San Francisco for Miami …
Michael Crider / PCWorld:
SPEC invalidates 2,600 benchmark results for some Intel Xeon CPUs, saying their compiler artificially inflated the results of its benchmark by as much as 9%  —  Benchmarks, while inherently contentious and not always representative of real-world performance, are an important tool in any kind of quantitative evaluation.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:00 AM ET, February 19, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

New York Times:
Sources: if Sony and Apollo acquire Paramount Global, they plan to sell off CBS, cable channels like MTV, and Paramount+, while keeping Paramount Pictures

Aisha Malik / TechCrunch:
The New York Times Games rolls out a Wordle archive with 1,000+ past puzzles for “Games” and “All Access” subscribers, and adds its WordleBot to NYT Games app

Lisa Schlein / Voice of America:
The UN high commissioner for human rights condemns Russia's crackdown on journalists; at least 30 journalists are currently detained on various criminal charges

More News

Zeke Faux / Bloomberg:
A Florida court filing accuses the Bahamas-based Deltec Bank of giving Alameda Research a short-term line of credit worth billions of dollars to buy Tether
Jessica Traynor / The Guardian:
A look at the data center economy of Ireland, which had 82 data centers in 2023, amid concerns about rolling blackouts due to pressure on the electrical grid

Earlier Picks

Telegraph:
Sources: UK chip designer Graphcore explores a sale to foreign owners in a deal that could be worth $500M+; rumored buyers include OpenAI, SoftBank, and Arm
Washington Post:
How tech workers, spurred by geopolitical threats, are embracing battlefield tech; PitchBook: VCs invested $108B in defense tech companies between 2021 and 2023
Bloomberg:
Sources: the UK, the US, and other allies are working to provide Ukraine with thousands of new AI-enabled drones that could swarm Russian targets simultaneously
Alex Heath / The Verge:
Q&A with Figma CEO Dylan Field on managing the company after the failed sale to Adobe, maintaining culture, using the $1B breakup fee, expansion plans, and more
Amy Or / Bloomberg:
Sources: Reddit signed a deal early in 2024, worth ~$60M on an annualized basis, allowing a large unnamed AI company to train its models on Reddit's content
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