Techmeme
March 13, 2024, 4:20 AM

Top News

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.
More: Apple Developer, The Verge, MacRumors, MySmartPrice, The Overspill, MacStories, Wall Street Journal, Mobilegamer.biz, Coalition for App Fairness, Engadget, Android Headlines, Forbes, Mashable, Benjamin Mayo, Business Times, Six Colors, Redmond Pie, Ars Technica, TechSpot, Reuters, Bloomberg, PYMNTS.com, Silicon Republic, New York Post, Thurrott, Benzinga, Techaeris, PhoneArena, iDownloadBlog.com, iClarified, MobileSyrup, PCMag, MSPoweruser, The Register, TechRadar, KnowYourMobile, Cult of Mac, Android Authority, TechCrunch, Neowin, GSMArena.com, Supercharged, Trusted Reviews, Spyglass, iMore, BGR, Financial Times, AppleInsider, and MacDailyNews
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 …
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.
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
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.
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
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.
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.
More: Semafor
Sean Michael Kerner / VentureBeat:
Chicago-based Ocient, which provides hyperscale data warehouse and analytics software, raised a $49.4M Series B extension, bringing its total funding to $119M  —  Hyperscale data warehouse vendor Ocient is raising $49.4 million in new funding, it announced today, as the company looks to grow …
Daphné Leprince-Ringuet / Sifted:
Paris- and New York-based Adaptive ML, which helps businesses build custom tools with open-source generative AI models, raised a $20M seed led by Index Ventures  —  The French-American startup says it will help businesses turn off-the-shelf AI models into personalised tools

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