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June 24, 2024, 2:25 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 …
More: The Guardian, MacRumors, Reuters, New York Times, Gizmodo, Tech Monitor, Ars Technica, TNW, Bloomberg, Silicon Valley Business …, Wired, European Commission, Mobile Dev Memo, Semafor, HotHardware, Global Competition Review, IGN, Hypebeast, Politico, The Register, Video Games Chronicle, Phandroid, Engadget, Eurogamer.net, Proactive, Quartz, The Irish Times, Associated Press, Six Colors, Associated Press, AppleInsider, GamesIndustry.biz, 9to5Mac, CNN, PYMNTS.com, Silicon Republic, iMore, Reuters, Benzinga, iThinkDifferent, Fortune, CNBC, and The Information
X: @thierrybreton, @vestager, @florian4gamers, @carnage4life, @privacymatters, @florian4gamers, @florian4gamers, @lewis_crofts, @lewis_crofts, @mgsiegler, @carnage4life, @filobxl, @henryjfoy, @eric_seufert, @oelkechristina, and @eu_competition. LinkedIn: Emil Protalinski
Forums: r/worldnews, r/technology, and r/apple
| 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 …
More: 404 Media, Bloomberg, Engadget, Reuters, Music Ally, Variety, Quartz, The Decoder, Fast Company, Digital Music News, Tech Startups, and Wired
Threads: @reckless1280 and @miasato.2
Mastodon: @andybaio@xoxo.zone and @carnage4life@mas.to
X: @jason_koebler and @scobleizer
| 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.
More: Tech Policy Press. Mastodon: @samleecole@journa.host, @Newmy@writing.exchange, @w7voa@journa.host, @jasonkoebler@mastodon.social, @researchbuzz@researchbuzz …, and @josephcox@infosec.exchange
X: @samleecole, @samleecole, @samleecole, @jason_koebler, @jason_koebler, @jason_koebler, and @jason_koebler. Forums: r/inthenews
| 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.
More: iFixit on YouTube, Thurrott, Windows Central, XDA Developers, The Register, Fortune, Tom's Hardware, How-To Geek, Digital Trends, and Neowin. LinkedIn: Cory Ebert
| 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 … | 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: Macworld, Ubergizmo, Wccftech, iDownloadBlog.com, BGR, 9to5Mac, Cult of Mac, T3, and Benedict Evans
Threads: @sdw, @mergesort, and @timothybucksf. Mastodon: @tolmasky@mastodon.social. LinkedIn: Ron Miller
| Financial Times: |
Sources: the EU plans to charge Microsoft this week for bundling Teams with its other software to the detriment of rivals, deeming its concessions insufficient — Also in this newsletter: How the European Commission wants to put G7 plans on Russia's frozen assets into action| 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 …
More: Business Today, Entrackr, DealStreetAsia, Bloomberg, and Reuters
| Financial Times: |
Nvidia stock is down ~15% from June 20, losing ~$500B in market cap, after becoming the most valuable company on June 18; its CEO recently sold ~$95M in shares — Chipmaker's shares have fallen 15% since Thursday, ending brief stint as world's most valuable company last week| Evan Gorelick / Bloomberg: |
Uber has begun locking NYC drivers out of its app during low demand periods to fight a local rule that requires drivers be paid for idle time between rides — - Company locks drivers out of its app at unpredictable times — Uber blames Lyft, which is now threatening its own lockouts
Mastodon: @AoaI@mastodon.online
| Preetika Rana / Wall Street Journal: |
More: PYMNTS.com and Yahoo Finance
| 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 — China's ByteDance is working with U.S. chip designer Broadcom (AVGO.O) on developing an advanced AI processor … | 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.
More: TechCrunch, BetaKit, Inc.com, Reuters, Bloomberg, Constellation Research, ChannelX, and WinBuzzer
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