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June 24, 2024, 6:00 PM
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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.
Mia Sato / The Verge:
The RIAA sues AI music services Suno and Udio over alleged mass copyright infringement and claims they are trying to “hide the full scope of their infringement”  —  A group of record labels including the big three — Universal Music Group (UMG), Sony Music Entertainment …
Jason Koebler / 404 Media:
Meta has seemingly stopped trying as hard to moderate its services, overrun with AI spam and scams; X gutting safety staff may have lowered the industry's bar  —  Facebook has been overrun with AI spam and scams.  Experts say Facebook has stopped asking them for help.
Wayne Ma / The Information:
Sources describe Apple's efforts to fully automate iPhone assembly lines, helping reduce its reliance on China, including by acquiring startups like DarwinAI  —  It was the kind of incident Apple executives never want to repeat.  In November 2022, at a factory in Zhengzhou, China …
Kyle Wiggers / TechCrunch:
Emergence, which is building “agent-based” systems that orchestrate tasks by routing them to first- and third-party AI systems, emerges from stealth with $97.2M  —  Yet another generative AI venture has raised a bundle of money.  And, like the others before it, it's promising the moon.
Preetika Rana / Wall Street Journal:
Food delivery apps contend with plunging orders and an exodus of drivers, after raising fees in NYC and Seattle to offset wage-increase laws for gig workers
Hayden Field / CNBC:
Source: OpenAI has changed its policies towards secondary share sales to let current and former employees participate equally in its annual tender offers  —  OpenAI has reversed its policies towards secondary share sales, and will now allow current and former employees to participate equally in annual tender offers, CNBC has learned.
Kalley Huang / The Information:
Klarity, which uses AI to let companies automate reviews of invoices and other documents, raised a $70M Series B led by Nat Friedman and Daniel Gross  —  Read through enough contracts, invoices or purchase orders—any business documents, really—enough times, and your eyes probably glaze over.
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.
Manish Singh / TechCrunch:
Prosus, the largest external investor in Byju's with a 9.6% stake, says its stake in the Indian edtech startup is now worth zero; Prosus has invested $570M+  —  One of Byju's largest investors, Prosus, on Monday said it believes its stake in the Indian edtech startup is now worth nothing …
Shahram Mokhtari / iFixit News:
The Surface Laptop 7 and Surface Pro 11 receive a repairability score of 8 out of 10, far better than the first Surface Laptop, which got a 0 in June 2017  —  Microsoft's team of hardware wizards have spent the last couple of years practicing their Reparo spell and it's really starting to show.

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From Mediagazer

Rob Wile / NBC News:
President Trump's 2025 financial disclosures show $80M in income from settlements tied to his lawsuits against ABC, CBS, Meta, YouTube, and other companies

Nick Vivarelli / Variety:
The EU says Paramount has committed to exit its United International Pictures distribution JV with Universal as a condition for EU approval of its WBD merger

The Guardian:
Canada will join the Eurovision song contest in 2027, becoming the first new participant since Australia in 2015; the contest will be held in Bulgaria

More News

Earlier Picks

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
Eduardo Baptista / Reuters:
Sources: ByteDance is working with Broadcom on a US-sanctions-compliant 5nm AI chip, to be made by TSMC, which is not expected to start manufacturing in 2024
Andrew Mills / Reuters:
Qatari telecom group Ooredoo: Nvidia agreed to deploy AI tech in Ooredoo datacenters in five Middle Eastern countries, Nvidia's first major launch in the region
Ivan Mehta / TechCrunch:
Meta launches Meta AI in India with only English support, a week after Google debuted its Gemini app for Android in India with support for nine local languages
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