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April 24, 2024, 7:20 AM
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Lauren Feiner / The Verge:
The US Senate passes the TikTok divestment bill by a margin of 79-18; the legislation now heads to President Biden, who has committed to sign the bill into law  —  A bill that would force China-based company Bytedance to sell TikTok — or else face a US ban of the platform …
Alex Barinka / Bloomberg:
Biden signing the TikTok divestment bill starts a 270-day countdown for a sale or a US prohibition; sources say ByteDance sees divestiture as a last resort
Wall Street Journal:
The FTC bans noncompete clauses that restrict job switching, the first time in 50+ years that the FTC has issued a regulation mandating an economy-wide change  —  Move sets up high-stakes legal clash with business groups over the agency's power  —  WASHINGTON—The Federal Trade Commission …
Sergiu Gatlan / BleepingComputer:
The US OFAC sanctions four Iranian nationals over cyberattacks on the US government, defense contractors, and private companies, and the DOJ unseals indictments  —  The Treasury Department's Office of Foreign Assets Control (OFAC) has sanctioned four Iranian nationals for their involvement …
Jacob Ridley / PC Gamer:
The European Parliament adopts right-to-repair rules clarifying manufacturer obligations to provide repair services, consumer access to spare parts, and more  —  The new rules will give customers new ways to claim support for a product throughout its lifetime, and also aid independent repair shops.
Seb Joseph / Digiday:
For the third time, Google delays the deprecation of third-party cookies in Chrome, pushing back its plans to early 2025, after the UK CMA expressed concerns  —  Google is delaying the end of third-party cookies in its Chrome browser — again.  In other unsurprising developments, water remains wet.
Ming-Chi Kuo:
Sources: Apple cut 2024 Vision Pro shipments to 400K to 450K units, compared to a 700K+ market consensus, and US demand has “fallen sharply beyond expectations”  —  My latest survey is as follows:  — Apple has cut its 2024 Vision Pro shipments to 400-450k units (vs. market consensus of 700-800k units or more).
Nikhilesh De / CoinDesk:
US prosecutors argue Binance founder Changpeng Zhao should spend three years in prison and pay $50M for helping violate sanctions and money laundering laws  —  The DOJ wants Zhao to serve 36 months after his guilty plea last year.  —  Binance's founder and former chief executive, Changpeng …
Victoria Song / The Verge:
Meta's Ray-Ban Smart Glasses get support for video calling via WhatsApp and Messenger, hands-free Apple Music controls, and a new frame style  —  Meta just announced a slew of new updates for its Ray-Ban Meta Smart Glasses.  CEO Mark Zuckerberg just dropped an Instagram reel showing off …
MacKenzie Sigalos / CNBC:
Block says it has finished developing its own 3nm bitcoin mining chip and is working through the design with a “leading global semiconductor foundry”  —  Jack Dorsey says that his payments company, Block (formerly Square), is expanding its bitcoin mining ambitions from designing chips …
Edward Zitron / Ed Zitron's Where's Your Ed At:
Emails released as part of US vs. Google show how Google's finance and ad teams led by Prabhakar Raghavan made Search worse to make the company more money  —  This is the story of how Google Search died, and the people responsible for killing it.  —  The story begins on February 5th 2019 …
Andrew J. Hawkins / The Verge:
Tesla teases a ridehailing function in its app and says its robotaxi will be “purpose-built”, suggesting it will be built from the ground up to be self-driving  —  The company's CEO, Elon Musk, has said that Tesla will unveil a long-gestating robotaxi in August.
Viola Zhou / Rest of World:
Interviews with 20+ current and former TSMC staff at its Arizona plant finds struggles over bridging Taiwanese and US norms, rigid hierarchies, and other issues  —  Missed deadlines and tension among Taiwanese and American coworkers are plaguing the chip giant's Phoenix expansion.
Adam Iscoe / New Yorker:
A look at the restaurant reservation ecosystem in New York City, where new apps have sprung up to help diners book a table at buzzy restaurants for a price  —  How bots, mercenaries, and table scalpers have turned the restaurant reservation system inside out.
Nami Matsuura / Nikkei Asia:
Samsung starts mass production of its 9th-generation 286-layer 3D NAND memory chips, which increases data I/O speeds by 33% compared to 8th-gen 236-layer chips  —  286-layer product boosts data storage capacity by 50%, aiding AI  —  SEOUL — Samsung Electronics said Tuesday …
Sarah McBride / Bloomberg:
Xaira Therapeutics, which aims to use AI models to find new drugs to treat diseases, emerged from stealth with $1B in commitments from Sequoia and others  —  - Marc Tessier-Lavigne resigned from Stanford after controversy  — New startup has backing from high-wattage tech investors

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From Mediagazer

The Hollywood Reporter:
Nexstar says it has closed its Tegna acquisition after the DOJ and FCC approved it; CEO Perry Sook says Nexstar is grateful to Trump and the FCC's Brendan Carr

Alexandra Alter / New York Times:
Hachette cancels the US release of the novel Shy Girl and is discontinuing its UK edition after readers claimed the author relied heavily on AI to write it

Alyssa Ray / The Wrap:
The ProPublica Guild, representing ~150 employees, voted 92% in favor of a strike authorization after negotiating for over two years for its first contract

More News

Earlier Picks

Ashley Capoot / CNBC:
Larry Ellison says Oracle is moving its world headquarters from Austin to Nashville to be closer to a major healthcare epicenter
Forbes:
Taser company Axon launches an AI tool that turns body cam audio into police reports to save time; critics worry it will introduce errors into crucial evidence
Wall Street Journal:
Sources: IBM is nearing an acquisition of HashiCorp, which helps companies manage cloud infrastructure, in the coming days; HashiCorp's stock jumps 22%+
Kali Hays / Business Insider:
Apptopia: Threads is now consistently surpassing X in US DAUs, up to ~28M in April, after it first began eclipsing X in Dec. 2023, but X still has more US MAUs
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