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March 5, 2024, 11:30 AM
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Top News

Financial Times:
As Alphabet, Amazon, Apple, ByteDance, Meta, and Microsoft comply with the EU's DMA before March 7, experts are skeptical its rules will have the desired effect  —  This week is the deadline for large online platforms to comply with new EU regulations on competition.  Too little too late, say some
CoinDesk:
Bitcoin surpassed $69K, eclipsing its previous all-time high set on November 10, 2021, with US spot bitcoin ETFs a likely catalyst of the latest bull run  —  The success of the spot ETFs which opened for business on January 11 was the catalyst for this latest bull run for the world's largest crypto.
Counterpoint Research:
Chinese smartphone sales declined 7% YoY in the first six weeks of 2024; Huawei rose 64% YoY while Apple fell 24% YoY, Oppo fell 29% YoY, and Vivo fell 15% YoY  —  - Growth: China's smartphone unit sales declined by 7% YoY during the first six weeks of 2024.
Emma Roth / The Verge:
Facebook, Instagram, and Threads are all suffering an outage, which seemed to start around 10am ET  —  Facebook, Instagram, and Threads are all experiencing issues.  The three Meta-owned platforms aren't working for many users, with the widespread outage seeming to start around 10AM ET.
Emilia David / The Verge:
OpenAI updates ChatGPT with a Read Aloud feature that auto-detects 37 languages and reads GPT-4 and GPT-3.5 responses out loud on the web, Android, and iOS  —  OpenAI's new Read Aloud feature for ChatGPT could come in handy when users are on the go by reading its responses in one of five voice options out loud to users.
TechCrunch:
X's audio and video calls, which are on by default, are peer-to-peer, revealing users' IP addresses to each other unless they toggle an enhanced privacy setting  —  The new X calling feature can hurt your privacy  —  In his quest to turn a simple and functioning Twitter app into X …
Allison Johnson / The Verge:
Nothing debuts the 6.7" Phone (2a), its first budget phone, with a 5,000mAh battery and a MediaTek chip, starting at £319 for 8GB of RAM and 128GB of storage  —  Budget phones tend to be pretty forgettable, but the Nothing Phone 2A isn't your average budget phone — that much is obvious just looking at it.
Benj Edwards / Ars Technica:
Anthropic's pricing for Claude 3 Opus, Sonnet, and Haiku, which all have a 200K-token context window, ranges from “super expensive” to “radically competitive”  —  Willison: “No model has beaten GPT-4 on a range of widely used benchmarks like this.”
Rachel Metz / Bloomberg:
Anthropic announces Claude 3 Opus, Sonnet, and Haiku, aiming to reduce AI model hallucinations; Opus and Sonnet are available now, and Haiku in the coming weeks
Aisha Malik / TechCrunch:
Instagram now lets users edit DMs up to 15 minutes after sending, pin up to three messaging threads to the top of their inbox, and save their favorite stickers  —  Instagram announced today that it's rolling out the ability for users to edit their direct messages for up to 15 minutes after sending them.
Jennifer Elias / CNBC:
At an event, Sergey Brin said Google “definitely messed up” Gemini's image generation debut and it's “not our intention” for Gemini to lean left “in many cases”  —  - Google's Sergey Brin spoke to a roomful of entrepreneurs over the weekend at the “AGI House” in Hillsborough, California.
Alexa Corse / Wall Street Journal:
Twitter's former CEO, CFO, legal chief, and general counsel sue Elon Musk over allegedly $128M+ in unpaid severance and Musk's claim he had cause to fire them  —  Former CEO, CFO, legal chief, and general counsel dispute Musk's claim he had cause to fire them
Financial Times:
UK digital bank Monzo raised $430M led by Alphabet's CapitalG at a $5B valuation, up from $4.5B in December 2021, and plans to use funds to expand in the US  —  London-based digital bank raised $430mn from investors including CapitalG and HongShan  —  Monzo has secured a fresh round …
Zac Hall / 9to5Mac:
Apple says that after a software update the M3 14-inch MacBook Pro will be able to drive two external monitors when its lid is closed, like the M3 Air can  —  Apple introduced the M3 MacBook Air with a headlining new feature.  For the first time, the Apple silicon MacBook Air will be able to simultaneously drive two external monitors.
Benjamin Mayo / 9to5Mac:
Apple announces a new 13- and 15-inch MacBook Air with M3, offering an 8-core CPU and up to a 10-core GPU, starting at $1,099 or $1,299 and shipping on March 8

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From Mediagazer

New York Times:
Sources: Sony Pictures and Apollo Global formally express interest in acquiring Paramount for ~$26B; Paramount's negotiating period with Skydance ends May 3

Andrew Marchand / The Athletic:
Sources: MLB is in advanced talks to make Roku the new home for Sunday morning baseball this season, in what would be Roku's first major live rights deal

Lucas Shaw / Bloomberg:
Sources: the NBA is close to signing deals that would pay the league ~$76B over 11 years, including $2.6B and $1.8B a year from Disney and Amazon, respectively

More News

Earlier Picks

Bloomberg:
Sources: US officials told AMD that the company's AI chip for the Chinese market is still too powerful, and that AMD must obtain a license to sell the chip
Financial Times:
Microsoft files a motion to dismiss the NYT's copyright lawsuit, accusing the NYT of “doomsday futurology” for predicting ChatGPT could ruin the news business
Lawrence Bonk / Engadget:
Google's March Pixel updates include a Hello button to let Google Assistant screen calls, Circle to Search on Pixel 7, and 10-bit HDR video uploads to Instagram
Sean Hollister / The Verge:
Tropic Haze, the developer of Nintendo Switch emulator Yuzu, agrees to pay $2.4M to settle Nintendo's lawsuit, shut down the emulator, and surrender the domain
Matt Binder / Mashable:
After Elon Musk assured right-wing users like Libs of TikTok that X's anti-trans hate policy won't affect them, X adds “where required by local laws” to its TOS
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