Techmeme
March 4, 2024, 8:05 AM

Top News

Javier Espinoza / Financial Times:
The EU Commission fines Apple €1.8B for stifling competition from rival music streaming services, the EU's third-largest antitrust fine; Apple plans to appeal  —  iPhone maker hit by first-ever Brussels fine as competition watchdogs step up scrutiny of Big Tech
Apple:
Mark Gurman / Bloomberg:
A look at how Apple's hubris doomed its electric car project, its spring hardware updates that won't have a dedicated event, and Dan Riccio's retirement plans  —  Apple's belief that it could create a better car than Tesla and the rest of the automotive industry ultimately led to the downfall of the project.
The Economic Times:
Indian watchdog MeitY issues an advisory asking developers to seek “explicit permission” before deploying any AI models or AI-backed algorithms  —  In its advisory sent late on Friday, the IT ministry has also said that such platforms will have to explicitly seek permission …
Olivia Poh / Bloomberg:
Sea reports Q4 revenue up 4.8% to $3.6B, above $3.5B est., and adjusted EBITDA down 74% YoY to $126.7M, above $88M est., due to market expenses; SE jumps 11%+  —  - Adjusted profit, sales top estimates even as competition rises  — Sea is spending to fend off rivals TikTok, Lazada, Temu
Alice Robb / The Guardian:
Some users turn to AI chatbot therapists, finding them cheap, quick, available 24/7, and easy to talk to, but experts warn about the lack of a human connection  —  It's cheap, quick and available 24/7, but is a chatbot therapist really the right tool to tackle complex emotional needs?

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The Logan Bartlett Show:
EP 110: How Eric Glyman (CEO, Ramp) Runs One of The Fastest Growing Startups
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More News

Washington Post:
Jatin Grover / FE Tech Bytes:
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Earlier Picks

New York Times:
Christopher Mims / Wall Street Journal:
Katrina Manson / Bloomberg:
Matt Burgess / Wired:
Kirsten Korosec / TechCrunch: