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March 7, 2024, 3:45 PM
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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
Wall Street Journal:
How the EU's DMA could impact Apple and Google's rivalry; sources say Google lobbied EU officials in 2023 to let users download apps from alternative app stores  —  Under the new rules, the iPhone maker will open up parts of its lucrative app ecosystem, providing an opportunity for rivals like Google
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”
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.
Mia Sato / The Verge:
TikTok sends US users a push notification saying Congress plans a total ban, with a link to find representatives, after the White House supported a TikTok bill  —  A push notification warns that the move ‘strips 170 million Americans of their Constitutional right to free expression.’
Axios:
Congressional offices are being flooded with calls from angry constituents following TikTok's push notification asking users to call their representatives
Jon Porter / The Verge:
Apple plans to let EU-based iPhone users uninstall Safari by 2024's end and is working on a more “user-friendly” way to let them switch to Android by fall 2025  —  Apple is preparing to allow EU-based iPhone users to uninstall its first-party Safari browser by the end of 2024 …
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  —  Temu, Shein, and streaming and gaming apps looking to break into the U.S. market are spending huge sums to get their wares in front of American consumers.
Wall Street Journal:
Sources: Temu became Meta's top advertiser by revenue in 2023 by spending nearly $2B on ads, and became one of Google's top five advertisers by spending in 2023  —  The e-commerce platform's parent company spent nearly $2 billion at Meta last year and it was a top advertiser at Google
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
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 …
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 …
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 …
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 …
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 …
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.
Stephen Nellis / Reuters:
LinkedIn says its premium subscriptions unit hit $1.7B in revenue in 2023; COO Dan Shapero says premium subscribers rose 25% in 2023  —  LinkedIn on Thursday for the first time disclosed sales for its premium subscription business, saying the unit hit $1.7 billion in revenue in 2023 …
More: iTnews
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  —  More than $12.5 billion was lost in 2023 to online fraud in cases reported by the American public, according …
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.

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From Mediagazer

Bloomberg:
Sources: WBD begins exclusive talks with Netflix to sell its film and TV studios and HBO Max; Netflix is offering a $5B breakup fee if the deal isn't approved

The Guardian:
Ireland, Spain, Slovenia, and the Netherlands exit Eurovision after Israel received an all-clear to compete; the BBC and Germany's SWR plan to participate

James Faris / Business Insider:
Kalshi strikes a deal with CNBC that will integrate Kalshi's prediction data into CNBC's channel, site, and app starting in 2026, days after striking a CNN deal

More News

MK Manoylov / The Block:
A Montenegro court rules that Terraform Labs co-founder Do Kwon will be extradited to South Korea, reversing another court's decision to extradite him to the US
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

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
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
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