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Wall Street Journal: The FTC bans noncompete clauses that restrict job switching, the first time in 50+ years that the FTC has issued a regulation mandating an economy-wide change -
Lauren Feiner / The Verge: The US Senate passes the TikTok divestment bill by a margin of 79-18; the legislation now heads to President Biden, who has committed to sign it into law -
Dave Lee / Bloomberg: As Congress' TikTok bill moves ahead, US lawmakers must show on what grounds they are forcing a sale or ban of the popular and culturally significant platform -
Victoria Song / The Verge: Meta rolls out multimodal AI in early access for the Ray-Ban Meta Smart Glasses, mainly to help identify objects, translate signs, and write Instagram captions -
Victoria Song / The Verge: Meta's Ray-Ban Smart Glasses get support for video calling via WhatsApp and Messenger, hands-free Apple Music controls, and a new frame style -
Ming-Chi Kuo: Sources: Apple cut 2024 Vision Pro shipments to 400K-450K units, vs. a 700K+ market consensus, and US demand has “fallen sharply beyond expectations” -
Emilia David / The Verge: Microsoft debuts Phi-3 Mini, a small 3.8B-parameter model about as capable as GPT-3.5, and plans Phi-3 Small and Phi-3 Medium models with 7B and 14B parameters -
Emanuel Maiberg / 404 Media: Microsoft took down its WizardLM 2 LLM after it reportedly missed “toxicity testing”, but people already downloaded and re-uploaded it to GitHub, Hugging Face -
Jacob Ridley / PC Gamer: The European Parliament adopts right-to-repair rules clarifying manufacturer obligations to provide repair services, consumer access to spare parts, and more -
Kashmir Hill / New York Times: Not only has GM sold driving data to insurers without telling users, but a GM app “bug” meant users who were enrolled in Smart Driver were told they weren't -
Seb Joseph / Digiday: For the third time, Google delays the deprecation of third-party cookies in Chrome, pushing back its plans to early 2025 amid regulatory scrutiny -
Wall Street Journal: Sources: IBM is nearing an acquisition of HashiCorp, which helps companies manage cloud infrastructure, in the coming days; HashiCorp's stock jumps 22%+ — . — The details -
MacKenzie Sigalos / CNBC: Block says it has finished the development of its own 3nm bitcoin mining chip and is working through the design with a “leading global semiconductor foundry” -
Andrew J. Hawkins / The Verge: Tesla teases a ridehailing function in its app and says its robotaxi will be “purpose-built”, suggesting it will be built from the ground up to be self-driving -
Quentyn Kennemer / The Verge: Apple schedules a “special Apple Event” for May 7 at 10am ET, where new iPads are expected; rumors suggest the iPad Pro will get an OLED display and an M3 chip -
Carl Franzen / VentureBeat: OpenAI announces new enterprise-grade features for API customers, including enhanced security, administrative controls, and new Assistants API capabilities -
Viola Zhou / Rest of World: Interviews with 20+ current and former TSMC staff at its Arizona plant finds struggles over bridging Taiwanese and US norms, rigid hierarchies, and other issues -
Sarah McBride / Bloomberg: Xaira Therapeutics, which aims to use AI models to find new drugs to treat diseases, emerged from stealth with $1B in commitments from Sequoia and others -
Ashley Capoot / CNBC: Larry Ellison says Oracle is moving its world headquarters from Austin to Nashville to be closer to a major healthcare epicenter -
Shirin Ghaffary / Bloomberg: Perplexity AI, which offers an AI chatbot that summarizes search results, raised ~$63M led by Daniel Gross at a $1B+ valuation, up from $520M in January 2024 -
Ingrid Lunden / TechCrunch: Sources: AI search engine Perplexity is raising $250M+ at a $2.5B to $3B valuation; previous backers NEA and IVP are among those looking to invest -
Katie Deighton / Wall Street Journal: As software gets better at labeling photos, CAPTCHA designers are adopting more difficult logic-based prompts to thwart nefarious bots