Techmeme
April 20, 2024, 9:50 AM

Top News

Daniel Wiessner / Reuters:
Google scraps a 2019 policy requiring US suppliers and staffing firms to pay their employees $15 an hour and provide health insurance and other benefits  —  Alphabet Inc's Google (GOOGL.O) on Friday said it will roll back requirements that U.S. suppliers and staffing firms pay their employees …
Gaby Del Valle / The Verge:
The US Senate reauthorizes FISA's Section 702; some communication service providers had threatened to stop cooperating with the US government in case of a lapse  —  The Senate has passed a bill reauthorizing Section 702 of the Foreign Intelligence Surveillance Act (FISA) …
Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines  —  Apple's (AAPL.O) offer to open its tap-and-go mobile payments system to rivals is set to be approved by EU antitrust regulators as soon …
George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets  —  US stock markets suffer their worst run since October 2022 as investors pull back from AI bets  —  Nvidia's share price plunged …
Foo Yun Chee / Reuters:
Pornhub, Stripchat, and XVideos will have to comply with additional obligations, such as submitting risk assessment reports, under the EU DSA starting next week  —  Adult content companies Pornhub, Stripchat and XVideos will have to do risk assessment reports and take measures …
Emma Roth / The Verge:
Post.News, the news-focused social platform launched in 2022 that offered micropayments to publishers, is shutting down after failing to grow “fast enough”  —  Post News, a Twitter alternative that emerged in the wake of Elon Musk's takeover, is shutting down.
James Hunt / The Block:
Bitcoin's fourth halving is now complete, lowering miners' block subsidy rewards from 6.25 BTC to 3.125 BTC; the third halving was in May 2020  —  - Bitcoin's fourth halving event has completed, ushering in a new epoch for the network.  — Bitcoin's block subsidy reward for miners has dropped from 6.25 BTC to 3.125 BTC.
Nikkei Asia:
SK Hynix partners with TSMC to develop next-gen HBM4 chips, which are critical for AI and slated for mass production in 2026, and advanced chip packaging tech  —  Asian chipmakers aim to supply next-generation high-bandwidth memory for Nvidia  —  SEOUL/TAIPEI — SK Hynix …

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