| Wall Street Journal: |
The US DOJ sues Apple, alleging the company blocked its competitors from accessing iPhone features, made switching to non-Apple devices more difficult, and more — Justice Department says iPhone maker leveraged its dominance to block software and limit functionality of competing devices| Joe Rossignol / MacRumors: |
Apple says the US DOJ winning its lawsuit “would set a dangerous precedent, empowering government to take a heavy hand in designing people's technology” — The U.S. Department of Justice today filed an antitrust lawsuit against Apple, accusing the company of operating … | CNBC: |
Reddit priced its IPO at $34 per share, the top of its expected $31-$34 range, raising $519M and valuing the company at nearly $6.5B, ahead of its market debut — In this photo illustration a Reddit logo is seen displayed on a smartphone. — Reddit, the 19-year-old website that hosts millions … | Kevin Roose / New York Times: |
How Reddit, one of the last online spaces where real people gather, went from one of the darkest parts of the internet to a content moderation success story — The site's journey from toxic cesspool to trusted news source illustrates the business value of keeping bad actors at bay.| Samuel Stolton / Bloomberg: |
Sources: the EU plans to announce investigations into Apple's and Google's DMA compliance in the coming days; Meta's subscriptions could also face scrutiny — - Meta also expected to face scrutiny in EU's Big Tech clampdown — Digital Markets Act investigations could pave way for fines| Ben Schoon / 9to5Google: |
| Wall Street Journal: |
| Ivan Mehta / TechCrunch: |
The Browser Company, which makes the Arc browser, raised $50M led by Pace Capital at a $550M valuation, bringing its total funding to $128M — The Browser Company, which makes the Arc browser, has raised $50 million in a round led by Pace Capital at a $550 million valuation, TechCrunch has learned exclusively.| Emily Mullin / Wired: |
Neuralink shows its first brain implant patient, a 29-year-old man paralyzed from the shoulders down, playing online chess using the Neuralink device — In a livestream on X, the paralyzed 29-year-old man used his Neuralink brain implant to control a computer.| Ben Schoon / 9to5Google: |
YouTube TV gets multiview support on iOS and iPadOS, letting users watch up to four TV channels at once; Android support is set to arrive “in the coming months” — Google has confirmed that YouTube TV is now rolling out support for Multiview on the iPhone and iPad, but the feature won't arrive on Android for a while.| Financial Times: |
Chinese state media: Tim Cook said “there's no supply chain in the world that's more critical to us than China” and praised “modernization in Chinese factories” — Apple chief Tim Cook has said China is “critical” to its business in comments made during a visit to the country … | Sidhartha Shukla / Bloomberg: |
In a letter to Judge Kaplan, FTX CEO John Ray says SBF's claims of “zero” harm to users are “demonstrably false” and FTX had only 105 bitcoin when Ray took over — - Ray called the claims ‘callously’ and ‘demonstrably’ false — SBF had claimed customers on the exchange suffered no harm| Kate Knibbs / Wired: |
Fairly Trained certifies KL3M, an LLM legal tech consultancy startup 273 Ventures claims to have built without the permissionless use of copyrighted materials — OpenAI claimed it's “impossible” to build good AI models without using copyrighted data. An “ethically created” … | Ashley Gold / Axios: |
After a classified briefing on TikTok, Senate Commerce Committee Chair Maria Cantwell says that “the next steps might be something more public, like a hearing” — - But Senate Majority Leader Chuck Schumer has not committed to putting the bill on the floor anytime soon.| Zephyr Teachout / The Atlantic: |
| Michael Kan / PCMag: |
Canadian regulatory agency ISED clarifies its stance on banning Flipper Zero, saying the aim is to restrict the use of such devices “to legitimate actors only” — A Canadian regulatory agency says the aim is to restrict the Flipper Zero ‘to legitimate actors only.’ — Michael Kan| Krisztian Sandor / CoinDesk: |
BlackRock unveils its first tokenized asset fund, BUIDL, built on the Ethereum network and fully backed by cash, US Treasury bills, and repurchase agreements — The asset management giant also made a strategic investment in asset tokenization company Securitize.| Anna Tong / Reuters: |
Tokyo-based Sakana AI, founded by two Google researchers, releases three Japanese language models built using “model merging”, which combines existing AI models — Sakana AI, a Tokyo-based artificial intelligence startup founded by two prominent former Google (GOOGL.O) researchers … | Bloomberg: |
A UK jury finds a UK citizen guilty of laundering BTC for a Chinese fugitive allegedly behind a ~$6B fraud in China; UK police seized BTC worth $2.2B+ in 2018 — - Jury finds Jian Wen guilty on one count of money laundering — Jian helped Chinese fugitive Zhimin Qian launder Bitcoin| Matt Burgess / Wired: |
An analysis of cookie pop-ups on the 10K most popular websites shows that dozens share data with 1,000+ companies, and thousands share data with 100+ companies — Cookie pop-ups now show the number of “partners” that websites may share data with. Here's how many of these third-party companies … | Shen Lu / Wall Street Journal: |
Investor letter: Shein announces its “supply chain as a service” initiative to offer its supply chain infrastructure and tech to outside brands and designers — China-founded fashion giant shifts business strategy as it faces U.S. challenges — China-founded Shein has built … | Yossi Matias / The Keyword: |
In a research paper, Google Research details how AI helped to provide accurate flood forecasting in over 80 countries up to seven days in advance of the flood — A paper published in Nature today shows how Google Research uses AI to accurately predict riverine flooding and help protect livelihoods … | Jena McGregor / Forbes: |
Borderless AI, whose AI agent automates HR tasks like onboarding and payments, emerges from stealth with a $27M seed led by Susquehanna and Aglaé Ventures — Few HR startups have grown faster or seen more venture capital funding in recent years than so-called “employers of record,” … | David Gilbert / Wired: |
X suspends the accounts of some journalists and researchers who posted the alleged real name of neo-Nazi cartoonist Stonetoss, after Stonetoss appealed to Musk — Researchers and journalists have been blocked on X from sharing the alleged identity of the neo-Nazi cartoonist Stonetoss.
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| Alfred Ng / Politico: |
| Frederic Lardinois / TechCrunch: |