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Techmeme
March 15, 2024, 5:45 PM
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Top News

Maxwell Zeff / Gizmodo:
Lawyers warn that the bill banning TikTok unless it's sold gives POTUS unchecked power to ban any app or site the President deems a “national security threat”  —  The United States could make TikTok the first app banned by law, but technology lawyers warn it won't be the last.
Elena Schneider / Politico:
Some Democrats warn that a ban of TikTok, used by nearly two-thirds of Americans under 30, could imperil Biden's reelection by depressing young voter turnout  —  The fresh push to ban the Chinese-owned social media company could hurt the president's reelection efforts.
Mike Masnick / Techdirt:
Banning TikTok is a performative, unconstitutional, authoritarian move that won't stop China from spreading propaganda or getting Americans' data  —  from the stupid-xenophobic-moral-panic dept  —  Over the last few days, we've had a few posts about the latest attempt to ban TikTok in the US …
Eleanor Olcott / Financial Times:
After the House vote, Chinese officials say the US has shown “robber's logic” toward TikTok, and Washington must “stop unfairly suppressing foreign companies”
Chance Miller / 9to5Mac:
Walmart starts selling Macs directly for the first time, partnering with Apple to sell the M1 MacBook Air for $699 a week after Apple stopped selling the laptop  —  Walmart is teaming up with Apple to sell the Mac for the first time.  In a press release today, the company said that it is now selling …
Jonathan Stempel / Reuters:
Apple reaches a $490M settlement to resolve a class-action lawsuit that alleged Tim Cook defrauded shareholders in 2019 by hiding falling iPhone demand in China  —  Apple (AAPL.O) has reached a $490 million settlement to resolve a class-action lawsuit that alleged Chief Executive Tim Cook …
Emma Roth / The Verge:
Uber and Lyft threaten to leave Minneapolis on May 1, after the city passed an ordinance to guarantee drivers a minimum rate of $1.40/mile and $0.5/minute  —  Uber and Lyft are pulling their services out of Minneapolis after the city council passed an ordinance that will increase drivers' pay.
CNN:
SCOTUS rules that public officials may block people on social media in certain circumstances, tossing aside challenges against Michigan and California officials  —  The Supreme Court ruled Friday that public officials may block people on social media in certain circumstances …
Lauren Feiner / The Verge:
A look at Murthy v. Missouri, a case SCOTUS will hear Monday, which may upend how government communicates with social media platforms on topics like misinfo  —  On Monday, the Supreme Court will hear a case that could upend how social media platforms deal with posts containing anything from vaccine misinformation to election threats.
More: Tech Policy Press.  Forums: r/scotus
Manish Singh / TechCrunch:
The Competition Commission of India orders an antitrust investigation into Google for charging app developers an “unfair” Play Store service fee of 10% to 30%  —  India's antitrust regulator has ordered an investigation into Alphabet's Google, alleging the U.S. tech giant abused …
Ryan Weeks / Bloomberg:
Binance CEO Richard Teng, who has been in the role for only four months, quietly spun out Binance Labs, the company's $10B venture capital arm, earlier in 2024  —  - Investment arm is now independent from the trading platform  — Industry is monitoring for changes at Binance under CEO Teng
Dan Goodin / Ars Technica:
Researchers detail how a side channel can be used to read encrypted responses from AI assistants, except Google's Gemini; OpenAI and Cloudflare made mitigations  —  All non-Google chat GPTs affected by side channel that leaks responses sent to users.  —  AI assistants have been widely available …
Bob Van Voris / Bloomberg:
Filing: prosecutors ask a judge to sentence SBF to up to 50 years in prison when he is sentenced on March 28; SBF's lawyers had suggested five to six years  —  - Prosecutors say SBF showed brazen disrespect for rule of law  — Bankman-Fried lawyers had proposed a 6 1/2-year sentence
Alex Koller / CNBC:
Layoffs.fyi: 50,000+ workers have been laid off from over 200 tech companies since the start of 2024; some recently laid-off employees recall their experiences  —  - With tech layoffs at their highest since the 2001 dot-com crash, the job hunt is getting harder and many in the industry …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:45 PM ET, March 15, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Alex Sherman / CNBC:
Sources: in its next US TV deal, the NHL seeks a 50%-100% increase over its seven-year, $4.5B contract with ESPN and TNT; formal talks can begin on January 1

Winston Cho / The Hollywood Reporter:
A group of consumers refiles a lawsuit to unwind Paramount's WBD deal, citing HBO Max and Paramount+ bundling, the ouster of DC Studios heads, and budget cuts

Matthew Keys / TheDesk.net:
Newsmax reported Q3 net income of $15.2M and revenue up 52.5% YoY to $69M, including a one-time $14M termination payment for a canceled ad deal; NMAX rose 31.4%

More News

Bloomberg:
Vodafone sells its Italian business to Switzerland's Swisscom for €8B in cash and plans a ~€4B stock buyback; Swisscom will merge Vodafone Italia with Fastweb
Wired:
A deep dive into Reddit's history and the power of its 60K+ unpaid moderators, based on interviews with 60+ current and former mods, employees, and contractors

Earlier Picks

Danny Nelson / CoinDesk:
El Salvador moved 5,689.68 BTC, “a big chunk” or ~$400M worth, into a cold wallet this week; public trackers had estimated El Salvador had less than 3,000 BTC
The Economic Times:
Bethesda, Maryland-based HiLabs, whose AI-powered tools provide clean data for health care organizations, raised a $39M Series B led by Eight Roads and Denali
New York Times:
Taiwan is building its own satellite internet network, as China's threats, Ukraine war, and Elon Musk's total control over Starlink make Taiwan's leaders wary
Bloomberg:
Sources: the US plans to award over $6B to Samsung to help the company expand beyond its $17B chip fab in Taylor, Texas, under the 2022 Chips and Science Act
Brian Krebs / Krebs on Security:
An investigation into Onerep.com, which helps people remove their personal data from people-search sites, suggests its CEO founded dozens of people-search sites
Arjun Kharpal / CNBC:
The EU opens a DSA investigation into Alibaba's AliExpress over illegal content concerns, ad and product recommendations, and more, the third DSA investigation
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