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July 5, 2024, 2:50 PM
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Top News

Reuters:
Epic says Apple has twice rejected Epic Games Store notarization submissions, claiming that the design of some buttons and labels was too similar to App Store's  —  “Fortnite” maker Epic Games said on Friday Apple (AAPL.O) was impeding its attempts to set up a games store on iPhones and iPads in Europe …
Jon Victor / The Information:
Sources: to reduce its reliance on Safari on the iPhone, Google considered limiting AI Overviews to its own apps, but ultimately decided against that move  —  Sometime in the next few months, a judge is expected to rule on the U.S. Department of Justice's antitrust lawsuit against Google over its dominance of internet search.
Ivan Mehta / TechCrunch:
YouTube releases an updated Erase Song tool for creators that uses AI to detect and remove any copyrighted music from their videos without impacting other audio  —  On July 4, YouTube released an updated eraser tool for creators so they can easily remove any copyrighted music …
Reuters:
Samsung estimates Q2 operating profit up 1,452% YoY to $7.54B, and revenue up 23% YoY to ~$53.7B, as chip prices keep rising  —  Samsung Electronics (005930.KS) estimated on Friday a more than 15-fold rise in its second-quarter operating profit, as rebounding semiconductor prices driven …
Kyle Wiggers / TechCrunch:
Cloudflare launches a tool that aims to block bots from scraping websites for AI training data, available free for all customers  —  Cloudflare, the publicly traded cloud service provider, has launched a new, free tool to prevent bots from scraping websites hosted on its platform for data to train AI models.
Cade Metz / New York Times:
Sources: in early 2023, a hacker breached OpenAI's internal messaging systems and accessed product details; OpenAI told its staff, but not the public or the FBI  —  A security breach at the maker of ChatGPT last year revealed internal discussions among researchers and other employees, but not the code behind OpenAI's systems.
Financial Times:
SemiAnalysis: Nvidia is set to sell $12B worth of H20 chips in China in 2024, or 1M+ units; Huawei expects to sell ~550,000 units of Ascend 910B chips in 2024  —  Chipmaker set to surpass China sales by local rival Huawei by selling product designed to fall outside of export restrictions

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From Mediagazer

Wall Street Journal:
Sources: WBD is preparing to tell its shareholders to reject Paramount's latest offer and plans to recommend they support the existing deal with Netflix

Todd Spangler / Variety:
E.W. Scripps' board unanimously rejects Sinclair's unsolicited acquisition proposal of $7 per share in cash and stock, offered in November

Christal Hayes / BBC:
The BBC says “as we have made clear previously, we will be defending” against Trump's defamation lawsuit and “we are not going to make further comment”

More News

Bloomberg:
South Korea unveils a monitoring system to find crypto exchange accounts linked to “suspected” trading activity, as a new law takes effect on July 19
Bloomberg:
Sources: the EU plans to issue a final warning to X over its failure to combat dangerous content under the DSA; X faces fines of 6% of its global revenue

Earlier Picks

Samantha Murphy Kelly / CNN:
ElevenLabs will use AI-generated voices of dead actors like Judy Garland and Burt Reynolds in its Reader app, after striking deals with the actors' estates
Sean Hollister / The Verge:
Evan Blass leaks Samsung's entire spec sheets and marketing materials for the Galaxy Z Fold 6 and Galaxy Z Flip 6, expected at its Unpacked event on July 10
Ben Westcott / Bloomberg:
AWS partners with the Australian government to build a cloud data system to handle top secret information; the government plans to invest ~$1.3B over 10 years
Lorenzo Franceschi-Bicchierai / TechCrunch:
Twilio says “threat actors” identified its 2FA app Authy users' phone numbers; last week, ShinyHunters claimed to have stolen 33M phone numbers from Twilio
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