Techmeme
April 5, 2024, 11:50 PM

Top News

Filipe Espósito / 9to5Mac:
Apple updates App Store guidelines, allowing game emulators for the first time globally, and letting music streaming apps in the EU link to external websites  —  After the EU commission fined Apple $2 billion and announced that it's not satisfied with the changes the company made to comply …
Bloomberg:
FTC lawsuit filings: Instagram had ad revenues of $22B in 2020, or 26% of Meta's total revenue, $32.4B in 2021, or 27% of Meta's revenue, and $16.5B in H1 2022  —  - Sales figures for the app released in FTC's antitrust lawsuit  —  Meta Platforms Inc. brought in almost 30% of its revenue …
Bloomberg:
A US jury finds Terraform Labs and Do Kwon liable for fraud in a US SEC lawsuit, boosting SEC's efforts to assert greater control over the crypto industry  —  - Terraform 2022 failure wiped out $40 billion in investor funds  — Kwon criminal trial on hold over extradition from Montenegro
The Information:
Source: Jony Ive and Sam Altman's AI device startup is in funding talks with Emerson Collective and Thrive Capital; Ive wants to raise up to $1B in funding  —  A mysterious company started by former Apple designer Jony Ive and OpenAI CEO Sam Altman to launch an artificial intelligence-powered personal device …
South China Morning Post:
Sources: ByteDance, which was directly involved in countering US efforts to ban TikTok in 2020, has let the US TikTok team lead the response this time around  —  - Beijing-based ByteDance has left the US TikTok team to lead its own response in countering legislation that would kick it out of domestic app stores, sources say
Ryan Heath / Axios:
Meta plans to label a wider range of video, audio, and image content as “Made with AI” starting in May, following feedback from its independent Oversight Board  —  - The labels could be generated through self-disclosure when a user posts content, as a result of advice from fact-checkers …
Matt Binder / Mashable:
Alex Kantrowitz / Big Technology:
Google, Yahoo, Perplexity, and other search companies are working on understanding user intent to decide whether to show generative AI answers or just links  —  Yahoo is one of the most visited websites on the planet.  It's the most popular news site in the U.S., with more than 3 billion visits each month.
Dan Milmo / The Guardian:
Microsoft warns that China plans to disrupt US, South Korean, and Indian elections in 2024 with AI-generated content, after using Taiwan's election as a dry run  —  Beijing did a test run in Taiwan using AI-generated content to influence voters away from a pro-sovereignty candidate
Reed Albergotti / Semafor:
Q&A with Marissa Mayer about her app development startup Sunshine, its new photo-sharing app Shine, the AI landscape, internet business models, and more  —  The Scene  —  About a week after Marissa Mayer's startup, app development company Sunshine, launched a new photo-sharing service, her co-founder Enrique Munoz Torres quit.
Manish Singh / TechCrunch:
Amazon adds a store called Bazaar to its Android app in India, featuring affordable fashion and lifestyle products, to compete with Flipkart and Reliance's Ajio  —  Amazon has quietly introduced a “special store” called Bazaar in India, featuring affordable and trendy fashion and lifestyle products …
Song Jung-a / Financial Times:

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More News

Raphael Satter / Reuters:
Reuters:
Allie Garfinkle / Fortune:
Steven Levy / Wired:
Jackie Davalos / Bloomberg:

Earlier Picks

Natasha Lomas / TechCrunch:
Louise Matsakis / Wired:
Samantha Murphy Kelly / CNN:
Oliver Knight / CoinDesk:
Kyle Wiggers / TechCrunch:
Sam Kessler / CoinDesk:
Shirin Ghaffary / Bloomberg: