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Techmeme
March 15, 2024, 8:25 PM
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Top News

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 …
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 …
Tom Warren / The Verge:
Microsoft is again injecting pop-ups into Chrome on Windows in a bid to get users to switch to Bing, after previously pausing them citing “unintended behavior”  —  Microsoft is once again injecting pop-ups into Google's Chrome browser in a bid to get people to switch to Bing.
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
Mike Masnick / Techdirt:
Banning TikTok is a performative, unconstitutional, authoritarian move that won't stop China from spreading propaganda or getting Americans' data
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”
Tom Henderson / Insider Gaming:
Leaked PS5 Pro docs mention rendering 45% faster than the PS5, 2x to 3x the ray tracing performance, and more; sources say it's set for a holiday 2024 release  —  Insider Gaming can confirm that the leaked PS5 Pro specs leaked earlier today are real and the PlayStation 5 is still tentatively targeting a 2024 holiday release.
Dan Primack / Axios:
Reddit says FTC launched an inquiry into Reddit's licensing of user data to AI companies; an ex-FTC official says other companies also got such “hold letters”  —  - It also suggests that the FTC is expanding its look into AI-related deals, which previously appeared to be focused on equity investments.
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.
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
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 …
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
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.
Forums: r/scotus

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:25 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

Business Wire:
USA Today reports Q1 revenue down 4% YoY to $548.5M, net income of $19.9M, up $27.2M from Q1 2025, 1.46M paid digital subs, and $45.9M digital subscription rev

Matthew Keys / TheDesk.net:
Five more states join the lawsuit filed last month by eight states seeking to block Nexstar's Tegna acquisition, which Nexstar said the DOJ and FCC approved

Winston Cho / The Hollywood Reporter:
A group of TV consumers sue in federal court in California to block Paramount's acquisition of WBD on antitrust grounds; Paramount says the suit lacks merit

More News

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%
Natasha Lomas / TechCrunch:
In an open letter to Nick Clegg, 36 MEPs urge Meta to scrap its “pay or okay” choice for EU users and to “align your business with the principles of the GDPR”
More: GovInfoSecurity.com.  Threads: @parkert and @mattnavarra.  Mastodon: @ppb1701@ppb.social.  X: @maxschrems
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

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
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
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
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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