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March 8, 2024, 1:25 PM
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Top News

Zac Hall / 9to5Mac:
Epic says Apple has reinstated its developer account, clearing the way for its Epic Games Store in the EU; Tim Sweeney says the move followed a swift EU inquiry  —  After a whirlwind of events, Epic Games says Apple has reinstated their App Store developer account.
Florian Mueller / games fray:
Apple's handling of Epic's account closure turned a US contract dispute into a DMA enforcement priority due to the appearance of a gatekeeper silencing critics
Tom Warren / The Verge:
Microsoft says Russian state-sponsored hackers Midnight Blizzard accessed some of its “source code repositories and internal systems” following the January hack  —  Microsoft revealed earlier this year that Russian state-sponsored hackers had been spying on the email accounts of some members of its senior leadership team.
Bloomberg:
Tests show GPT-3.5 and GPT-4 systematically produce biases that disadvantage protected groups, based on their names, when screening and ranking job candidates  —  Recruiters are eager to use generative AI, but a Bloomberg experiment found bias against job candidates based on their names alone
Bloomberg:
Sources say SMIC used equipment from California-based Applied Materials and Lam Research to manufacture an advanced 7nm chip in China for Huawei in 2023
Rebecca Falconer / Axios:
Donald Trump declares support for TikTok, saying a ban will double the business of “Facebook and Zuckerschmuck” and Facebook is the “true enemy of the people”  —  - Congress members were inundated with calls from angry constituents after TikTok told its users …
Abner Li / 9to5Google:
Google says Gemini Nano won't come to the Pixel 8 due to “some hardware limitations”, but plans to bring the LLM to more “high-end devices in the near future”  —  During The Android Show today, Google shared more about Gemini Nano, including how it won't be coming to the Pixel 8.
Karissa Bell / Engadget:
X unveils Articles, a feature for writing and sharing long-form content in a basic text-editing interface, for verified organizations and Premium+ subscribers  —  Long-winded VCs on X now have a new way to be exhausting on main.  —  Journalists, creators and long-winded VCs on X now have a new way to be exhausting on main.
John Tozzi / Bloomberg:
UnitedHealth says electronic prescribing is restored and expects its payments platform back online by March 15, after a hack triggered disruptions two weeks ago  —  Electronic prescribing is now restored.  The company's payments platform will be back online March 15, and testing …
Mathias Hammer / Semafor:
The US House Energy and Commerce Committee advances a bill that would force ByteDance to divest TikTok, after TikTok's campaign reportedly enraged legislators  —  Semafor Signals  —  Insights from The New York Times, Financial Times, and CNN  —  The News
Karishma Vaswani / Bloomberg:
TikTok's US popularity is not just a national security issue but also highlights the failure of the US tech industry to come up with an equally addictive app
Axios:
Angry constituents flood congressional offices with calls following TikTok's push notification asking users to call their representatives about a possible ban
Carmen Reinicke / Bloomberg:
Coinbase's stock crosses its 2021 direct listing reference price of $250, after growing 300%+ in the past 12 months, as bitcoin hovers around its record high  —  - Crypto exchange has rallied over 300% in the last 12 months  — Gains also driven by SEC approval of spot Bitcoin ETFs
Mackenzie Hawkins / Bloomberg:
Sources: TSMC is set to win $5B+ in grants for its Arizona chipmaking project; Samsung offered more US investment to its $17B Texas factory to boost its award  —  - Talks ongoing with TSMC and other advanced chipmakers  — Samsung has floated additional investment to boost their award
More: Reuters
Evan Halper / Washington Post:
US data center demand for crypto mining and AI are putting new pressures on an overtaxed power grid, as bottlenecks mount and utilities struggle to keep up  —  AI and the boom in clean-tech manufacturing are pushing America's power grid to the brink.  Utilities can't keep up.
Phil Serafino / Bloomberg:
Filing: chipmaker Astera Labs, which offers cloud and AI connectivity hardware, plans to raise as much as $534M in its US IPO  —  Astera is selling 14.79 million shares, while existing investors are offering another 3.01 million, the Santa Clara, California-based company said Friday in a regulatory filing.
More: Benzinga and Verdict

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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

Alex Sherman / CNBC:
Sources: Paramount Global's board is preparing to fire CEO Bob Bakish as soon as Monday, after he lost the trust of controlling shareholder Shari Redstone

Jessica Toonkel / Wall Street Journal:
Sources: Paramount is planning for what happens if no big deal happens, mulling cutting $2B in costs, selling BET and TV stations, starting a streaming JV, more

Elise Morton / Associated Press:
Russia arrests two journalists, Konstantin Gabov and Sergey Karelin, on “extremism” charges for allegedly working for a group founded by the late Alexei Navalny

More News

Reuters:
Broadcom expects $10B in revenue from AI-related chips in 2024, as CEO Hock Tan says AI revenue, up 4x YoY to $2.3B in Q1, offset a cyclical business slowdown
Jason Del Rey / Fortune:
Amazon Lending, launched in 2011, discontinues underwriting new loans for sellers in the US and the UK, but will continue to offer third-party financing options
New York Times:
Sources: OpenAI CTO Mira Murati brought questions about Sam Altman's management to the board in 2023, before he was ousted; a new board is expected imminently

Earlier Picks

Ina Fried / Axios:
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
MK Manoylov / The Block:
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
Devindra Hardawar / Engadget:
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
Cynthia Kroet / Euronews:
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
Zac Bowden / Windows Central:
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
Reuters:
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
Filipe Espósito / 9to5Mac:
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
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