Techmeme: 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 (Javier Espinoza/Financial Times)

Top News

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.

More: MacRumors, Silicon Republic, MacRumors, The Verge, 9to5Mac, Neowin, Wccftech, Advanced Geekery …, Phandroid, Financial Times, MacRumors, iThinkDifferent, TechCrunch, Gizmochina, PYMNTS.com, PhoneArena, Philip Elmer‑DeWitt, iMore, Philip Elmer‑DeWitt, PCMag, and AppleInsider

Threads: @parkert and @parkert

Mastodon: @dwineman@xoxo.zone, @stroughtonsmith …, @stroughtonsmith …, and @stroughtonsmith …

X: @markgurman, @markgurman, @markgurman, @tgod34748, @scobleizer, and @vnchocotaco

Forums: r/technology, r/apple, and MacRumors Forums

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 …

More: Reuters, Reuters, The Hindu, Associated Press, London Evening Standard, BNN Bloomberg, Benzinga, Neowin, Business Standard, Proactive, and Spyglass

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.

More: Ming-Chi Kuo, Gizmodo, iMore, Al Bawaba, BGR, Mashable, Cult of Mac, TweakTown, MySmartPrice, Solondais, Inavate Magazine, Livemint, PhoneArena, TechRadar, The Indian Express, MacRumors, Phandroid, Neowin, iThinkDifferent, Supercharged, Wccftech, AppleInsider, iClarified, and NewsBytes

X: @leakerapple, @vijayshekhar, @markgurman, @mingchikuo, and @keith_wilson. Forums: r/apple

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.

More: Tom's Hardware, How-To Geek, and Both.org

LinkedIn: Philip D'Ath. Forums: r/technology and Ars OpenForum

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

More: Atos and Reuters

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

More: Reuters, Silicon Republic, TechPowerUp, The Korea Herald, TweakTown, Cointelegraph, SiliconANGLE, Neowin, Tom's Hardware, The Crypto Times, Cryptopolitan, DigiTimes, and The Investor. Forums: r/wallstreetbets

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 …

More: DealStreetAsia

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 …

More: Korea Joongang Daily and The Korea Herald

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

More: NewsBTC, Kaiko Research, The Block, CoinGape, and Finbold

X: @jconorgrogan, @kaikodata, and @crypto

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

More: Huawei Central

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

More: Solondais and PYMNTS.com

LinkedIn: Dr Saif Abed. Forums: Hacker News, r/Economics, and r/technology

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