February 19, 2024, 12:00 PM

Top News

Javier Espinoza / Financial Times:
Sources: the EU plans to fine Apple around €500M for allegedly breaking EU law over access to music streaming services, following a 2019 complaint by Spotify  —  Move is culmination of long-running European Commission antitrust probe after a complaint by Spotify
Mark Gurman / Bloomberg:
Apple Store sources: Vision Pro returns are between average and above average compared to other products; some in-store demo conversion rates are 10% to 15%  —  The Apple Vision Pro has now been available for two weeks — and some of Apple's most dedicated customers are returning the device to get back their $3,500.
Wall Street Journal:
Tech investors and founders are flocking back to San Francisco, currently undergoing an AI boom, after leaving during the pandemic for Miami and other US cities  —  In 2020, venture capitalist Keith Rabois urged startup founders to join him in ditching San Francisco for Miami …
Foo Yun Chee / Reuters:
Document: the European Commission opens formal DSA proceedings against TikTok to assess its efforts to protect children, the second DSA investigation after X  —  The European Commission has opened formal proceedings against ByteDance's TikTok under the Digital Services Act (DSA) …
Drew Harwell / Washington Post:
The US awards $1.5B to GlobalFoundries from the $52B CHIPS Act to build a new fab in Malta, New York, and to expand its Fab 8 plant, plus $1.6B in loans  —  The massive grant, part of the Chips Act, will help the U.S. establish a homegrown supply for some of the most critical components of modern life.
Michael Crider / PCWorld:
SPEC invalidates 2,600 benchmark results for some Intel Xeon CPUs, saying their compiler artificially inflated the results of its benchmark by as much as 9%  —  Benchmarks, while inherently contentious and not always representative of real-world performance, are an important tool in any kind of quantitative evaluation.

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Zeke Faux / Bloomberg:
Jessica Traynor / The Guardian:
Amy Or / Bloomberg: