| Mark Gurman / Bloomberg: |
Sources: Apple is actively working to bring the AI features to Vision Pro, rejiggers Vision Pro's retail demos, and starts developing 2025's operating systems — Apple's strategy to make its devices last longer will mean AI and software are even more important to its business.| Javier Espinoza / Financial Times: |
Sources: the EU plans to charge Meta under the DMA this week, focusing on Meta's pay or consent model where users pay for an ad-free Facebook and Instagram — EU is using introduction of Digital Markets Act to check the power of Big Tech — The EU is set to charge Facebook's parent Meta … | Chance Miller / 9to5Mac: |
Kuo: Apple plans to mass produce new AirPods with camera modules by 2026, which will include an IR camera similar to the iPhone Face ID receiver — 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.| 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.| Irene Garcia Perez / Bloomberg: |
Atos reaches a deal in principle with its creditors that restructures its debt, including injecting €233M in equity, and lets the creditors take control of Atos — - Creditors have agreed to inject equity and new debt into Atos — French IT firm's agreement with Onepoint fell apart last week| 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| 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' Ventures 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 … | Benjamin Taubman / Bloomberg: |
Kaiko: the proportion of Bitcoin traded over weekends has fallen to 16% in 2024 so far, down from 28% in 2019, a trend likely accelerated by Bitcoin ETFs launch — - Weekend trading drops to 16% of total volume, Kaiko says — ETFs, dwindling volatility lessen appeal, researcher says| 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| 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| Financial Times: |
European fintech execs say financial services are shunning AI over job loss and regulatory fears, despite evidence that AI will boost productivity and cut costs — Industry leaders say concerns over impact of technology are outweighing benefits such as productivity gains and cost cuts
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