Techmeme
June 24, 2024, 12:20 PM

Top News

Javier Espinoza / Financial Times:
In preliminary findings, the EU says Apple's anti-steering developer rules breach the DMA; the EU is also probing if Apple's developer fees comply with EU rules  —  Tech giant faces penalty of up to 10% of global annual revenue  —  Brussels has accused Apple of stifling competition on its App Store …
Thomas Ricker / The Verge:
Apple is the first Big Tech company to be charged under the DMA rules and could be fined up to 10% of its annual global revenue, or $38B based on 2023 numbers  —  Apple's App Store “steering” policies violate the EU's Digital Markets Act meant to encourage competition, said regulators in their preliminary ruling Monday.
John Gruber / Daring Fireball:
A look at Apple Intelligence, an umbrella for dozens of models running on device or in carbon-neutral data centers, and why the Vision Pro is not getting it yet  —  An oft-told story is that back in 2009 — two years after Dropbox debuted, two years before Apple unveiled iCloud …
More: 9to5Mac, Cult of Mac, T3, and Benedict Evans
Threads: @sdw, @mergesort, and @timothybucksfMastodon: @tolmasky@mastodon.socialLinkedIn: Ron Miller
Manish Singh / TechCrunch:
Prosus, the largest external investor in Byju's with a 9.6% stake, says its stake in the Indian edtech giant is now worth zero; Prosus invested a total of $570M  —  One of Byju's largest investors, Prosus, on Monday said it believes its stake in the Indian edtech startup is now worth nothing …
Jay Peters / The Verge:
Shopify unveils AI-focused updates for merchants, including suggested replies and product categorization, and launches its AI chatbot Sidekick in early access  —  Shopify's new AI “Sidekick” chatbot is officially launching in early access, the company said as part of its “2024 Summer Edition” updates announced on Monday.
River Akira Davis / New York Times:
Diplomats and others fear a rift between SoftBank and Naver over the ownership of messaging app Line could put stress on ties between Japan and South Korea  —  SoftBank and Naver helped bridge geopolitical relations with a joint venture to own the operator of the messaging app Line, but now the partnership is fraying.

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Earlier Picks

Ivan Mehta / TechCrunch: