Techmeme
June 18, 2024, 3:30 PM

Top News

The Information:
Source: Apple told at least one supplier it has suspended work on the next Apple Vision Pro; sources: it's still aiming to debut a cheaper model by end of 2025  —  Apple Suspends Work on Next High-End Headset, Focused on Releasing Cheaper Model in Late 2025 Apple has told at least one supplier …
Zac Bowden / Windows Central:
ASUS VivoBook S 15 Copilot+ PC review: Snapdragon X Elite is incredible, all-day battery, a gorgeous 15.6" OLED screen, and $1,299 for 1TB SSD and 16GB of RAM  —  Qualcomm's Snapdragon X Elite elevates this Windows laptop from a good all-rounder to a great one.
Javier Espinoza / Financial Times:
Sources: Apple is set to settle a long-running EU antitrust investigation over payments, after the EU accepted measures that Apple committed to in January 2024  —  Tech company willing to open mobile pay system to rivals in concessions that will help avoid antitrust fines from the bloc
Wall Street Journal:
Social media creators say earning a decent, reliable income is getting harder, as platforms pay less for popular posts and brands get pickier about partnerships  —  Platforms are paying less for popular posts, brands are pickier about partnerships and a possible TikTok ban looms
Kif Leswing / CNBC:
Nvidia passes Microsoft during intraday trading to become the most valuable public company, with a ~$3.33T market cap; NVDA is up over 9x since January 2023  —  Nvidia, long known in the niche gaming community for its graphics chips, is now the most valuable public company in the world.
Natasha Lomas / TechCrunch:
Signal President Meredith Whittaker warns the EU's recent “upload moderation” proposal to detect CSAM “fundamentally undermines encryption” of messaging apps  —  A controversial European Union legislative proposal to scan the private messages of citizens in a bid …
Ivan Mehta / TechCrunch:
Meta launches its much-awaited Threads API, letting developers publish posts, fetch content, manage replies, and view analytics, after an API beta in March 2024  —  Meta said today that it finally launched its much-awaited API for Threads so developers can build experiences around it.
Nilay Patel / The Verge:
A look at Apple's upcoming CarPlay updates, aiming to be “a design toolkit for automakers” comprising UI layers: local, overlay, remote, and punch-through  —  Apple's been talking about its next generation of CarPlay for two years now with very little to show for it …
Bloomberg:
Filings: X is still working on a Venmo-like payments feature, with a 2024 US launch target; X had $1.48B in revenue in first six months of 2023, down ~40% YoY  —  State license applications give new insight into the company's plans, as well as its financial woes during the Elon era.
Amar Subramanya / Google:
Google launches a Gemini app for Android in India, supporting English and nine other languages, and says Gemini will roll out to its iOS app in the coming weeks  —  Vice President, Engineering, Gemini Experiences  —  Gemini, your AI assistant from Google, has had an exciting first year in India.
Noam Scheiber / New York Times:
Amazon Labor Union members vote to join forces with the 1.3M-member Teamsters union; ALU President Christian Smalls says Teamsters allocated $8M for organizing  —  An affiliation agreement between the Amazon Labor Union and the 1.3 million-member Teamsters signals an escalation in challenging the online retailer.
David Pierce / The Verge:
Xreal unveils the $199+ Beam Pro, a 6.5-inch device that powers Xreal's glasses, runs Android 14-based NebulaOS, uses a Snapdragon chip, and has two USB-C ports  —  Xreal has made a name for itself with some surprisingly nice-looking augmented reality glasses, which put a display in front …
Zaheer Kachwala / Reuters:
Autonomous trucking startup Waabi raised a $200M Series B led by Uber and Khosla Ventures, after an $83.5M Series A in 2021, and aims for a full launch in 2025  —  Waabi has raised $200 million in a Series B funding round, led by existing investors Uber Technologies (UBER.N) and Khosla Ventures …

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Abhinaya Prabhu / Tech Funding News:
Calvin Wankhede / Android Authority:
Lawrence Lewitinn / The Block:
María Paula Mijares Torres / Bloomberg:
Kyle Wiggers / TechCrunch:
Emma Roth / The Verge:
Carl Franzen / VentureBeat:
Tim Hardwick / MacRumors: