| Adam Satariano / New York Times: |
EU regulators approve Microsoft's $69B Activision Blizzard deal after the company made concessions over giving rivals access to Call of Duty and other games — The green light follows objections to the blockbuster deal by American and British regulators on the grounds that it would undercut competition.| Samuel Stolton / Bloomberg: |
Docs: EU regulators begin an informal probe into Azure, asking rivals and customers if Microsoft leveraged market power and partnership info to squeeze rivals — Microsoft Corp.'s Azure cloud business has been targeted by the European Union's antitrust arm, amid concerns the US software firm … | Jacob Bogage / Washington Post: |
Sources: the IRS has quietly built a prototype system to let Americans file tax returns digitally and free of charge, with a pilot slated to launch in January — The prototype program developed by the federal government could be available for a small group of taxpayers by January| Ben Thompson / Stratechery: |
Google's AI-heavy I/O suggests AI is a sustaining innovation for Big Tech; the true fight will be between major players' centralized models and open source — Some things in tech are shocking, but not surprising — think of a CEO of a struggling company losing their job.| Jared Newman / Fast Company: |
Pluto TV co-founder Ilya Pozin's Telly opens a waitlist to give away 500K 55-inch 4K HDR TVs, which have a second screen for constantly showing ads, in 2023 — Would you take a free TV if it constantly ran banner ads beneath everything you watched? — That's the proposition for Telly … | Stefania Palma / Financial Times: |
US crypto enforcement tsar Eun Young Choi says the DOJ is targeting exchanges, mixers, and tumblers, aiming to “send a deterrent message” about illicit behavior — The justice department is stepping up scrutiny of an industry wracked by scandal and volatility| Jon Victor / The Information: |
Source: OpenAI is preparing to publicly release its first open-source LLM amid the proliferation of open-source alternatives, including variants of Meta's LLaMA — In February, Meta Platforms set off an explosion of artificial intelligence development when it gave academics access … | Todd Spangler / Variety: |
MoffettNathanson: US pay TV users fell 7% YoY to 75.5M in Q1 2023, with household penetration at 58.5%, the lowest level since 1992; only YouTube TV grew in Q1 — As streaming video continues its ascendancy, cable, satellite and internet TV providers in the U.S. turned in their worst subscriber losses … | Matt Day / Bloomberg: |
Amazon job listings mention an “AI-first initiative to re-architect” search and “reimagining Amazon Search with an interactive conversational experience” — Amazon.com Inc. plans to bring ChatGPT-style product search to its web store, rivaling efforts by Microsoft Corp … | Associated Press: |
The TSA is testing facial recognition tech at 16 US airports, calling the pilot voluntary and accurate, as critics raise bias, privacy, and consent concerns — A passenger walks up to an airport security checkpoint, slips an ID card into a slot and looks into a camera atop a small screen.| Malcolm Harris / Wired: |
A profile of Douglas Rushkoff, an internet theorist since the 1990s and a former techno-optimist who all but renounced being a digital revolution spokesperson — The former techno-optimist has taken a decisive political left turn. He says it's the only human option.| Phoebe Liu / Forbes: |
Zip, which offers procurement management software, raised a $100M Series C led by Y Combinator at a $1.5B post-money valuation, taking its total raised to $181M — Zip, a San Francisco-based startup that helps businesses manage spending, announced a fresh round of capital today … | Bloomberg: |
How Sea, one of Southeast Asia's largest internet companies that burned billions to grow, made ruthless cuts to turn a profit, a first in its 14-year history — Just over a year ago, Forrest Li was laid up in bed with Covid, fretting about the future of his company, Sea Ltd. So he propped himself …
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| Sara Fischer / Axios: |