Techmeme
January 24, 2024, 8:30 PM

Top News

Wall Street Journal:
Sources: Apple plans to add new fees and restrictions after allowing EU users to download apps from outside the App Store, including reviewing sideloaded apps  —  Meta, Spotify and other companies are weighing new options for customers as Apple makes changes to comply with new European law
Ariel Shapiro / The Verge:
Ahead of the EU's DMA, Spotify shares iOS app mockups with full in-app payments, rolling out in part on March 7; Apple hasn't yet shared its changes for the DMA  —  For years, Apple's App Store policies have made it impossible for apps to sell digital services and goods on their own terms.
Matt Day / Bloomberg:
Ring is sunsetting a tool that lets police request footage from users via its Neighbors app, forcing law enforcement to obtain warrants or evidence of emergency  —  - Move dials back company's longtime public-safety stance  — Law enforcement will now have to seek warrants for video
Abner Li / 9to5Google:
Google Pixel users say they are not able to access data stored in internal storage across all apps after installing the January 2024 Google Play system update  —  Following a storage access issue in October with the initial Android 14 release and multiple users, Pixel devices might …
Mike Butcher / TechCrunch:
Richard Nieva / Forbes:
The US National Science Foundation partners with OpenAI, Meta, Nvidia, Microsoft, and others to launch NAIRR, a pilot to expand researchers' access to AI tools  —  The pilot program, called the National Artificial Intelligence Research Resource, follows President Biden's executive order mandating lower entry to AI infrastructure.
Tom Warren / The Verge:
Nvidia's RTX GPUs can now upgrade SDR video to HDR using AI, supported in both Microsoft Edge and Google Chrome on Windows PCs with HDR enabled  —  Nvidia is launching a new feature for all RTX GPU owners today: RTX Video HDR. … You just need an HDR10-compatible monitor with HDR enabled in Windows.
Ryan Vlastelica / Bloomberg:
Microsoft briefly reached a $3T market cap for the first time on January 24, becoming the second company to do so after Apple, before closing at a record $2.99T  —  - Software giant is second company to hit level, following Apple  — AI services are seen as a long-term revenue growth tailwind
Hugh Son / CNBC:
Klarna launches Klarna Plus, a $7.99/month subscription plan in the US, with waived service fees when using its One Time Card, double rewards points, and more  —  - Swedish fintech firm Klarna is launching a monthly subscription plan in the U.S. to lock in its heaviest users ahead …
Jordan Novet / CNBC:
IBM reports Q4 revenue up 4% YoY to $17.38B, vs. $17.30B est., software revenue up 3% YoY to $7.51B, and net income of $3.29B, up from $2.71B YoY; IBM jumps 8%+  —  - IBM surpassed estimates on the top and bottom lines and ended 2023 with more free cash flow than it had projected.
Ash Parrish / The Verge:
Twitch changes the Prime Gaming subscription payout model to a fixed rate, expands the Partner Plus Program, and removes the $100K cap for 70/30 revenue share  —  Twitch is making big monetization changes again in an attempt to make a more sustainable system, lowering earnings in some places and raising them in others.
Alexander Martin / The Record:
The UK NCSC's all-source intelligence assessment: ransomware attacks will almost certainly increase in both volume and impact over the next two years due to AI  —  Ransomware attacks will increase in both volume and impact over the next two years due to artificial intelligence (AI) technologies, British intelligence has warned.
Kate Knibbs / Wired:
Originality AI: 88%+ of the top US news outlets now block AI companies' web crawlers; leading right-wing outlets, like Breitbart and Newsmax, mostly permit them  —  Nearly 90 percent of top news outlets like The New York Times now block AI data collection bots from OpenAI and others.
Michael Acton / Financial Times:
Apple's acquisitions, job postings, and academic papers detail the company's AI plans; PitchBook says Apple acquired 21 AI startups since the start of 2017  —  Acquisitions, job postings and academic papers suggest tech company is preparing to run AI through its devices
Sareen Habeshian / Axios:
New York City issues a public health advisory officially designating social media as an “environmental toxin”, blaming it for a youth mental health crisis  —  New York City declared Wednesday that it's the first city to issue an advisory officially designating social media as an environmental toxin.
Toby Sterling / Reuters:
ASML reports Q4 revenue up 13% YoY to €7.2B, net profit up 9% YoY to €2B, both above est., orders up 3x QoQ to €9B+, and expects 2024 net sales to be flat YoY  —  ASML Holding NV (ASML.AS), Europe's biggest technology company by market value, on Wednesday reported better …
Eamon Farhat / Bloomberg:
IEA: electricity used by data centers, crypto, and AI could grow 100%+ in the next three years; Ireland's data centers could use 32% of its electricity by 2026  —  - Cryptocurrency, AI to dominate demand, IEA report finds  — Increase in demand will be covered by renewables, nuclear
Matthew Ball / MatthewBall.co:
A look at some long-term issues facing the gaming industry, including deep layoffs, weak revenue growth, growing development costs, and declining VC investments  —  To players and outside observers, 2023 looks like one of the 70-year-old gaming industry's greatest-ever years.

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