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June 24, 2024, 3:55 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: European Commission, The Guardian, MacRumors, Reuters, New York Times, Thurrott, Bloomberg, TNW, Wired, Gizmodo, Ars Technica, Tech Monitor, European Commission, Silicon Valley Business …, Semafor, Politico, IGN, Global Competition Review, Engadget, Hypebeast, Video Games Chronicle, Phandroid, Livemint, Mobile Dev Memo, HotHardware, The Register, Associated Press, Six Colors, Associated Press, AppleInsider, GamesIndustry.biz, 9to5Mac, CNN, PYMNTS.com, Silicon Republic, Quartz, iMore, Proactive, Benzinga, iThinkDifferent, Fortune, The Information, CNBC, The Irish Times, Reuters, and Eurogamer.net
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, Ars Technica, Reuters, Engadget, Music Ally, Washington Post, Variety, Music Technology Policy, Quartz, The Decoder, Fast Company, Digital Music News, Tech Startups, Wired, and Simon Willison's Weblog
Threads: @reckless1280 and @miasato.2
Mastodon: @[email protected], @[email protected], and @[email protected]
| 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: @[email protected], @[email protected], @[email protected], @[email protected], @[email protected], @researchbuzz@researchbuzz …, and @[email protected]
X: @rakeshsfnyc, @samleecole, @jason_koebler, @samleecole, @jason_koebler, @jason_koebler, @jason_koebler, and @samleecole. Forums: r/inthenews
| 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, BGR, 9to5Mac, Cult of Mac, iDownloadBlog.com, T3, Simon Willison's Weblog, and Benedict Evans
| 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| 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| Preetika Rana / Wall Street Journal: |
More: PYMNTS.com and Yahoo Finance
Mastodon: @[email protected]. X: @bgurley. LinkedIn: Cheryl Barbee, Noah Gift, Mark Engemann, and Melissa Schilling
| 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: Entrackr, DealStreetAsia, Business Today, Bloomberg, and Reuters
| 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.
More: Crunchbase News
| 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| 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, Tom's Hardware, XDA Developers, The Register, Fortune, How-To Geek, Digital Trends, and Neowin. LinkedIn: Cory Ebert
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