March 4, 2024, 12:50 PM

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
Benjamin Mayo / 9to5Mac:
Apple announces a new 13- and 15-inch MacBook Air with M3, offering an 8-core CPU and up to a 10-core GPU, starting at $1,099 or $1,299 and shipping on March 8  —  Apple today announced its next-generation M3 MacBook Air range, in 13-inch and 15-inch sizes.  The new models are available to order today, and will start shipping March 8.
Rachel Metz / Bloomberg:
Hayden Field / CNBC:
Anthropic says Claude 3 outperforms GPT-4 and Gemini Ultra on some benchmarks, and adds multimodal support for photos, charts, docs, and more for the first time  —  - Anthropic on Monday debuted Claude 3, a chatbot and suite of AI models that it calls its fastest and most powerful yet.
Financial Times:
Chinese city governments plan to offer “computing vouchers”, worth $140K to $280K, to AI startups, to try to level the playing field with China's tech giants  —  Chinese tech giants are hogging scarce cloud resources to develop generative AI models as US restrictions bite
The Economic Times:
Indian watchdog MeitY issues an advisory asking developers to seek the government's “explicit permission” before testing or deploying AI models or AI algorithms  —  In its advisory sent late on Friday, the IT ministry has also said that such platforms will have to explicitly seek permission …
Ingrid Lunden / TechCrunch:
Razor and Perch merge and raise $100M at a $1.7B valuation, amid more consolidation in the e-commerce aggregation space, known for buying up Amazon retailers  —  Just days after the bankruptcy of Thrasio, two other significant players in the world of e-commerce aggregators are merging …
More: Bloomberg
Matthew Martin / Bloomberg:
Saudi Arabian e-commerce software startup Salla raised $130M from Investcorp, Sanabil, and others, in what is likely to be its last funding round before an IPO  —  - Sanabil, STV also participated in the pre-IPO fundraising  — Salla is part of bevy of Saudi startups prepping for listing
More: TechCrunch

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Alice Robb / The Guardian:
Mark Gurman / Bloomberg: