| Chance Miller / 9to5Mac: |
Apple unveils App Store updates for the EU, including Web Distribution, which will let authorized developers offer iOS apps on their websites from spring 2024 — Last week, Apple released iOS 17.4 with big changes to the iPhone and App Store ecosystem to comply with the Digital Markets Act in the European Union.| Charlotte Trueman / DatacenterDynamics: |
Meta details its two new data center scale clusters, both containing 24,576 Nvidia H100 GPUs that the company is using for AI workloads like training Llama 3 — Have been built to support AI research and development — Meta has shared the details of the hardware, network, storage, design … | Wall Street Journal: |
As TikTok faces a divestment bill in the US, a look at how lawmakers and the Biden administration quietly planned the legislation and caught TikTok by surprise — Executives of the video-messaging app thought they had fended off attacks. Behind the scenes, lawmakers and Biden officials were working to force its ban or sale.| Sergiu Gatlan / BleepingComputer: |
Tor releases WebTunnel, a new type of Tor bridge that mimics HTTPS traffic to help users bypass censorship by hiding connections in plain sight — The Tor Project officially introduced WebTunnel, a new bridge type specifically designed to help bypass censorship targeting the Tor network by hiding connections in plain sight.| Aisha Malik / TechCrunch: |
Bluesky open sources its collaborative moderation tool Ozone and plans to let users run their own independent moderation services later this week — Decentralized Twitter/X rival Bluesky announced today that it's open sourcing Ozone, a tool that lets individuals and teams collaboratively review and label content on the network.| Sarah Perez / TechCrunch: |
RevenueCat survey of nearly 30K mobile subscription apps finds that only 17.2% of them will reach $1,000 in monthly revenue and only 3.5% will reach $10,000 — Investors know that most startups fail, but something that may be less understood is how few mobile apps actually make money.| Timmy Shen / The Block: |
A study by the US Copyright Office and USPTO concludes that existing laws are sufficient to address NFT copyright concerns and there's no need to change IP laws — - The intellectual property authorities in the U.S. noted in an NFT study that the current laws are sufficient to address infringement concerns.| Financial Times: |
Docs: Nigeria, which has held two Binance execs since February during a crypto exchange crackdown, is pushing for data on Binance's top 100 local users and more — Authorities hold senior company executives for two weeks after crackdown on cryptocurrency websites| Romain Dillet / TechCrunch: |
Spotify rolls out music videos to its mobile and desktop apps in beta in 11 markets, including Brazil, Italy, and the UK, available to Premium subscribers — Spotify is adding music videos to its mobile and desktop apps in some markets. They are tightly integrated with the company's music library … | Bloomberg: |
Letter: Chamath Palihapitiya's VC firm Social Capital fired two of its partners, citing an undisclosed “situation”, and hired a law firm to investigate — - Social Capital has declined to explain the sudden move — High-profile firm said undisclosed ‘situation’ led to firing| Emilia David / The Verge: |
Perplexity is licensing Yelp's data and integrating its maps, reviews, and other details in responses when users ask for restaurant recommendations — Perplexity CEO Aravind Srinivas tells The Verge that many people are using chatbots like regular search engines.| Chris Eggertsen / Billboard: |
Neil Young is bringing back his music to Spotify, after the removal in January 2022, saying “Apple and Amazon have started serving the same disinformation” — The singer-songwriter previously had his music removed from the platform over what he deemed the spread of vaccine misinformation on the Joe Rogan Experience.| Sean O'Kane / TechCrunch: |
Self-driving startup Applied Intuition raised a $250M Series E led by Lux, Elad Gil, and Porsche at a $6B valuation and works with “18 of the top 20 automakers” — Autonomous vehicle software company Applied Intuition has raised $250 million in a round that values the startup at $6 billion … | Mayank Parmar / BleepingComputer: |
Brave says after Apple added a default browser choice screen in the EU, daily installations of Brave on iOS jumped from ~8K to over 11K — Brave has seen a sharp increase in users installing its privacy-focused Brave Browser on iPhones after Apple introduced changes to adhere to the new European Digital Markets Act.| Natasha Mascarenhas / The Information: |
Sources: e-commerce roll-up firm Kite, which was cofounded by Blackstone in 2022 and closed a $200M equity commitment, shut down earlier in 2024 — How bad is the slowdown in e-commerce growth? Ask Blackstone, one of the world's largest investment firms.| Caiwei Chen / Rest of World: |
Livestreaming on Douyin and Kuaishou is helping attract out-of-town property buyers to Xishuangbanna in China's Yunnan province, despite a nationwide downturn — Real estate agents turn to Douyin and Kuaishou to show properties virtually through livestreaming, drawing the attention of out-of-town buyers.| Juro Osawa / The Information: |
Filings: ByteDance-owned entity Picoheart is now the third-largest shareholder in InnoStar, a Chinese state-backed ReRAM chips maker, with a 9.5% stake — As the Chinese government races to catch up in advanced computer chips, it has found an ally in ByteDance, the owner of TikTok.
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| Aisha Malik / TechCrunch: |
| Ashlee Vance / Bloomberg: |
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| Jon Porter / The Verge: |
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| Alexandra Alper / Reuters: |