| Morgan Meaker / Wired: |
Epic debuts the Epic Games Store on iOS in the EU, offering its games, including Fortnite, and plans to start onboarding third-party games starting in December — The Epic Games Store gives iPhone users in the EU an alternative to Apple's App Store for the first time.| Jay Peters / The Verge: |
| Taylor Lyles / IGN: |
| Natasha Lomas / TechCrunch: |
The European Commission asks Meta for more information about its Content Library tool and API under the DSA, following Meta's decision to deprecate CrowdTangle — The Commission is seeking more information from Meta following its decision to deprecate its CrowdTangle transparency tool.| Financial Times: |
Danish officials say Margrethe Vestager, known for hitting Big Tech with multibillion-euro fines, isn't being reappointed as EU antitrust chief for a third term — Danish commissioner renowned for being tough on Big Tech will not be reappointed for a third term| Mackenzie Hawkins / Bloomberg: |
The Biden administration approves $1.6B in Chips Act grants and $3B in loans for Texas Instruments, to help pay for one chip factory in Utah and two in Texas — - Funding will support $18 billion in spending in Texas, Utah — Biden administration almost finished allocating chips grants| Suvashree Ghosh / Bloomberg: |
Chainalysis: the value of crypto hacks increased ~84.4% YoY to $1.58B in the first seven months of 2024, likely due in large part to the rise in crypto prices — - Number of heists rose slightly, centralized exchanges targeted — Bitcoin made up 40% of the proceeds of this year's heists| Dan Primack / Axios: |
FanDuel founders and other early shareholders sue KKR and Shamrock Capital over the 2018 Paddy Power Betfair merger that wiped out the value of their holdings — - The case has gone through several travails, including being dismissed and having that dismissal successfully appealed.| Joann Muller / Axios: |
Walmart and DroneUp end drone delivery in all 18 Phoenix, Salt Lake City, and Tampa hubs to focus on Dallas-Fort Worth; DroneUp cuts 70, or ~17% of its staff — - The three cities were part of a splashy rollout in 2022 that was described as the first large-scale drone delivery operation in the U.S.| Maxwell Zeff / TechCrunch: |
California lawmakers weaken the AI safety bill with amendments proposed by Anthropic and other opponents, including giving the AG less power to sue AI companies — California's bill to prevent AI disasters, SB 1047, has faced significant opposition from many parties in Silicon Valley.| Andrew Cunningham / Ars Technica: |
Primate Labs releases Geekbench AI 1.0, formerly Geekbench ML, to test AI-centric performances of CPUs, GPUs, and NPUs, available on Android, iOS, and desktop — Performance test comes out of beta as NPUs become standard equipment in PCs. — Neural processing units (NPUs) … | Jody Godoy / Reuters: |
Court filing: TikTok says the US DOJ misstated its China ties, made factual errors in the case, and the divestment law would strip TikTok of free speech rights — TikTok told a federal appeals court on Thursday that the U.S. Department of Justice has misstated the social media app's ties to China … | Janko Roettgers / Lowpass: |
Appfigures: consumers spent $3.8B on entertainment mobile apps worldwide in Q1 2024, including $2.1B on streaming apps and $0.9B in short video apps like TikTok — One unlikely culprit: TikTok — Entertainment continues to be a big money maker for publishers and app stores alike … | Kai Nicol-Schwarz / Sifted: |
Caresyntax, which is building AI-powered surgical data analysis tools, raised a $180M Series C extension consisting of $80M in equity and $100M in debt — More than a dozen investors were involved in the equity and debt round for Berlin-based Caresyntax — Berlin-based Caresyntax …
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| Akila Quinio / Financial Times: |
| Jamie Crawley / CoinDesk: |
| Hannah Lang / Reuters: |
| Michael Nuñez / VentureBeat: |
| Andrew Liszewski / The Verge: |
| Heather Knight / New York Times: |
| Shawna Chen / Axios: |
| Ivan Mehta / TechCrunch: |
| Joseph Menn / Washington Post: |
| Andy Greenberg / Wired: |