| Foo Yun Chee / Reuters: |
Preliminary findings: the EU says Meta's pay or consent ad model breaches the DMA; Meta faces a fine of up to 10% of its global annual turnover if found guilty — Meta Platforms (META.O) was charged by EU antitrust regulators on Monday for failing to comply with landmark tech rules … | Mark Gurman / Bloomberg: |
Sources: Apple is working on bringing Apple Intelligence to the Vision Pro, rejiggers its Vision Pro retail demos, and starts developing its major OSes for 2025 — Apple's strategy to make its devices last longer will mean AI and software are even more important to its business.| Chance Miller / 9to5Mac: |
Kuo: Apple plans to mass produce new AirPods with camera modules by 2026, which will include an IR camera like the iPhone's Face ID receiver, for use in AR/VR — According to a new report from analyst Ming-Chi Kuo, Apple is targeting to begin mass production of new “AirPods with camera modules” by 2026.| Irene Garcia Perez / Bloomberg: |
Atos reaches a deal with its creditors, including restructuring €2.9B of loans and bonds into equity, injecting €233M, and letting the creditors take control — - Creditors have agreed to inject equity and new debt into Atos — French IT firm's agreement with Onepoint fell apart last week| Kalley Huang / The Information: |
Source: Character.AI held talks over partnerships with Google, Meta, and xAI, to access the partnering company's computing in return for sharing some of its IP — A year ago, Character.AI had the wind at its back. Founded by two artificial intelligence pioneers from Google … | Andrew Cunningham / Ars Technica: |
Interviews with the creator and maintainers of FreeDOS, the only MS-DOS-compatible OS still under active development, about its continued relevance and more — Project's creator talks to Ars about where FreeDOS has been, where it's going. — Two big things happened in the world of text-based disk operating systems in June 1994.| Bloomberg: |
Singapore is emerging as a destination for Chinese AI startups due to less stringent AI regulations and access to Nvidia's latest chips amid US chips ban — - AI founders lured by access to foreign capital, technologies — Young AI companies finding it hard to go global from China| Kate Park / TechCrunch: |
Japan-based SmartHR, which offers a cloud human resources and labor management software, raised a $140M Series E led by KKR and Teachers' Venture Growth — SmartHR, a cloud-based human resources and labor management software startup, said on Monday that it has raised $140 million … | Bloomberg: |
Government data: the value of South Korea's chip shipments reached $13.4B in June, up 51% YoY; exports of display products up 26% YoY and computers up 59% YoY — - Chip export tally reaches highest ever value in June — South Korea's export growth accelerated last month … | Che Pan / South China Morning Post: |
Sources: Huawei plans to partner with Chinese foundry Wuhan Xinxin to develop high-bandwidth memory chips, marking its latest effort to defy US sanctions — - US-blacklisted Huawei's move into high-bandwidth memory chips would mark its latest effort to defy Washington's tech sanctions| Aanu Adeoye / Financial Times: |
Nigeria's food delivery startups are attracting investors optimistic about the growing demand in a market that is expected to double to $2.4B over eight years — Sector forecast to double in value over eight years but soaring inflation will erode families' spending power| Yoolim Lee / Bloomberg: |
SK Hynix plans to invest ~$75B on chips through 2028, allocating ~80%, or $60B, on manufacturing HBM chips, as part of the parent company SK Group's bet on AI — - About 80%, or $60 billion, will be spent on HBM memory chips — Plan underscores overhaul at S. Korea's No. 2 business group
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| Luisa Beltran / Fortune: |
| Foo Yun Chee / Reuters: |
| Evgeny Morozov / Financial Times: |
| Paul Kiernan / Wall Street Journal: |