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March 7, 2024, 11:45 AM
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Top News

Samuel Stolton / Bloomberg:
The EU confirms requesting further explanations from Apple over removing Epic's developer account under the DMA, and is examining if Apple broke any other rules  —  - Epic Games barred by Apple from opening own iPhone app store  — EU says it is looking to see if firm has broken new tech law
Zac Hall / 9to5Mac:
Letter to Epic: Apple's lawyers cite Tim Sweeney's attacks, including an X post, and say Epic is part of a “global effort to undermine or evade Apple's rules”
Eva Dou / Washington Post:
As the EU's DMA takes effect, sources say the Biden administration, which sent two letters protesting the DMA, stopped short of pushing the issue with the EU  —  The European Union's landmark Digital Markets Act comes into effect today, requiring changes at five U.S. internet giants
Sarah Perez / TechCrunch:
As part of its DMA compliance plan, Google details its new program that lets Play Store developers lead EEA users outside their app, including fees of 5% to 17%  —  Google today is sharing more details about the fees that will accompany its plan to comply with Europe's new Digital Markets Act …
Devindra Hardawar / Engadget:
MacBook Air (2024) review: sturdy and sleek, fast M3 chip, excellent 13- and 15-inch displays, great keyboard, and solid speakers, but USB-C is only on one side  —  Apple's M3 chip is a decent speed bump, but the M2 MacBook Air remains a great deal.  —  It's hard to expect much from Apple's new M3-equipped MacBook Airs.
Filipe Espósito / 9to5Mac:
Kuo: Apple's only foldable device with a “clear development schedule” is the 20.3-inch MacBook, which is expected to enter mass production in 2027  —  We've been hearing a lot of rumors about Apple working on multiple foldable devices.  While most of them refer to devices similar …
Bloomberg:
A deep dive into Apple's failed EV project: indecision, prototypes, and partnership or acquisition talks with Mercedes-Benz, BMW, VW, Tesla, McLaren, and others  —  Tim Cook shut down plans to acquire Tesla before cycling through a junkyard's worth of self-driving designs over the past decade.
Eric Tucker / Associated Press:
The US DOJ charges former Google software engineer Linwei Ding with stealing AI trade secrets from Google while secretly working with two China-based companies  —  A former software engineer at Google has been charged with stealing artificial intelligence technology from the company …
Zac Bowden / Windows Central:
Microsoft announces a New Era of Work event on March 21 at 9am PT, where updates to Windows 11, Microsoft Copilot, Surface Pro, and Surface Laptop are expected  —  New Surface hardware and Windows 11 features will be announced on March 21.  —  What you need to know
Ina Fried / Axios:
Inflection launches Inflection-2.5, which for weeks has helped its chatbot Pi perform “neck and neck with” OpenAI's GPT-4, and says Pi has 1M DAUs and 6M MAUs  —  - CEO Mustafa Suleyman said he is particularly pleased that Inflection 2.5 achieved these results while using only 40% of the training compute as GPT-4.
More: Inflection
Mike Wheatley / SiliconANGLE:
Paris-based Zama, an open-source cryptography startup developing fully homomorphic encryption technology for blockchain and AI apps, raised a $73M Series A  —  Zama SAS, an open-source cryptography startup focused on building fully homomorphic encryption or FHE technology to protect privacy …
New York Times:
Analysis: Temu and Shein are spending billions on Facebook, X, and YouTube ads in the US; Temu placed ~1.4M ads globally across Google services in the past year
Dina Genkina / IEEE Spectrum:
Research suggests that prompt engineering is best done by the LLM itself, raising suspicions that a fair portion of prompt engineering jobs may be a passing fad  —  Since ChatGPT dropped in the fall of 2022, everyone and their donkey has tried their hand at prompt engineering …
Cynthia Kroet / Euronews:
After IAB Europe appealed a 2022 decision, the EU's highest court rules that IAB's online advertising model uses personal data and is therefore subject to GDPR  —  After clarification from Luxembourg, the Belgian Court of Appeal will now rule on the case.  —  IAB Europe's online advertising …
Blockworks:
Filing: BlockFi and FTX reach a tentative agreement to settle all litigation, with BlockFi receiving claims of $185.2M against FTX and $689.3M against Alameda  —  The agreement between the two bankrupt crypto companies awaits court approval  —  BlockFi and FTX have reached a tentative agreement …
Ryan Gallagher / Bloomberg:
How Microsoft has run a Chinese version of Bing since 2009, helping Beijing maintain its Great Firewall; China accounted for 1.8% of Microsoft's sales in 2020  —  The company's search engine does good business in China, a market Google and Facebook abandoned years ago.
Jody Serrano / Gizmodo:
In X replies, Elon Musk says a future version of X's timeline will only show view counts, and users can swipe right to reply, left to favorite, and tap for more  —  Musk said he had been “dying to do this for a year” because it made the feed look very clean.
Tatiana Siegel / Variety:
Sources: Apple spent $700M+ of its reported $1B+ 2023 studio spend on just Napoleon, Killers of the Flower Moon, and Argylle, which earned $466M combined  —  On March 10, the tech giant has 13 shots to take home an Oscar via two historical epics, “Killers of the Flower Moon” and “Napoleon …

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From Mediagazer

Alex Weprin / The Hollywood Reporter:
Filing: Byron Allen sold his 10.7% Starz stake over August and September, netting a bit less than $45M; he acquired it from Steve Mnuchin's Liberty 77 for $25M

Wall Street Journal:
MGM Resorts says talks with People Incorporated are over, after each weighed buying the other; MGM amended its voting deal with People, which owns ~27% of MGM

Mauro Orru / Wall Street Journal:
UMG reports Q3 revenue up 12% YoY to €3.39B, vs. €3.33B est., and subscription and streaming revenue up 18% to €1.81B, or up 8% excluding Downtown

More News

James Reddick / The Record:
FBI: in 2023, Americans reported $12.5B+ in losses to online fraud, up 22% YoY; losses to investment fraud grew 38% YoY to $4.57B, with $3.94B related to crypto

Earlier Picks

Ian Allison / CoinDesk:
DCG files a motion to dismiss NY AG Letitia James' lawsuit over an alleged $3B investor fraud, and CEO Barry Silbert files to dismiss accusations he hid losses
Jonathan Vanian / CNBC:
Facebook is working on an AI system for video recommendations across all its services; the model architecture has led to “an 8% to 10% gain in Reels watch time”
Dell Cameron / Wired:
In a letter, 41 state AGs call on Meta to address the “dramatic increase” in Facebook and Instagram account takeovers and say hackers buy ads on its services
Punchbowl News:
The White House is backing a bipartisan bill that would force ByteDance to sell TikTok if the company wants to keep the app in US app stores
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