April 15, 2024, 12:40 PM

Top News

Global smartphone shipments grew 7.8% YoY to 289.4M in Q1 2024; iPhone fell 9.6% YoY, more than all top brands, Xiaomi grew 33.8% YoY, and Samsung retook first  —  Worldwide Quarterly Mobile Phone Tracker , global smartphone shipments increased 7.8% year over year to 289.4 million units in the first quarter of 2024 (1Q24).
Financial Times:
The US awards Samsung up to $6.4B in CHIPS Act funding and says the company plans to make 2nm chips at its Taylor, Texas plant by 2026, two years ahead of TSMC  —  South Korean group set to outdo rival TSMC with cutting-edge 2nm chip production in US by 2026 as part of $40bn investment
OpenAI opens a Tokyo office, releases a Japanese language GPT-4 model, and taps former President of AWS Japan Tadao Nagasaki to woo enterprises in the country  —  OpenAI named the former president of Amazon Web Services's Japan arm to spearhead its push to woo enterprise clients in the world's fourth-largest economy.
Stephen Nellis / Reuters:
Adobe says it is in the early stages of developing a way to let Premiere Pro users tap AI models from OpenAI, Runway, and Pika Labs to generate and use video  —  Adobe (ADBE.O) on Monday said it is in the early stages of allowing the use of third-party generative artificial intelligence tools …
Nilay Patel / The Verge:
Q&A with Dropbox CEO Drew Houston on adding AI tools, evolving beyond file syncing, rejecting Steve Jobs' acquisition bid, cloud storage, remote work, and more  —  Leaders can't ‘keep mashing the go back to 2019 button.’  —  Today, I'm talking with Dropbox CEO Drew Houston.
Kia Kokalitcheva / Axios:
Source: a16z closed $7.2B for its newest set of funds, with allocations for AI infrastructure, AI apps, its “American Dynamism” strategy, and more  —  - About half of the targeted capital was aimed for its growth fund.  — Instead of dedicated seed or early-stage funds …
Meta plans to temporarily shut down Threads in Turkey from April 29 to comply with a TCA interim order prohibiting data sharing between Threads and Instagram  —  To comply with an interim order of the Rekabet Kurumu/Turkish Competition Authority (TCA), we will shut down Threads in Türkiye from Monday 29 April.
Alexandra Sternlicht / Fortune:
Sources detail how China-based ByteDance and US TikTok operations remain intertwined, with some US staff effectively reporting to ByteDance, data sharing, more  —  In January, TikTok CEO Shou Zi Chew faced an intense grilling by skeptical U.S. lawmakers about his company's ties to Beijing and its alleged risk to national security.
Tony Romm / Washington Post:
AT&T, Charter, Comcast, and Verizon quietly lobby to weaken a $42.5B program to improve US internet access, aiming to block new rules on poor customers' bills  —  As Washington readies the largest burst of broadband funding in U.S. history, AT&T, Verizon and their allies are lobbying hard against lower prices for consumers

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Hannah Giorgis / The Atlantic:

Earlier Picks

Joseph Politano / Apricitas Economics:
Kamila Wojciechowska / Android Authority: