| Lauren Feiner / The Verge: |
The US Senate passes the TikTok divestment bill by a margin of 79-18; the legislation now heads to President Biden, who has committed to sign it into law — A bill that would force China-based company Bytedance to sell TikTok — or else face a US ban of the platform … | Casey Newton / Platformer: |
Legal scholars discuss how the TikTok divestment bill could survive a First Amendment challenge and why the US will likely rely on a national security argument — The First Amendment is a major obstacle, scholars say — but it isn't insurmountable — On Tuesday, the Senate voted overwhelmingly … | Wall Street Journal: |
The FTC bans noncompete clauses that restrict job switching, the first time in 50+ years that the FTC has issued a regulation mandating an economy-wide change — Move sets up high-stakes legal clash with business groups over the agency's power — WASHINGTON—The Federal Trade Commission … | Victoria Song / The Verge: |
Meta's Ray-Ban Smart Glasses get support for video calling via WhatsApp and Messenger, hands-free Apple Music controls, and a new frame style — Meta just announced a slew of new updates for its Ray-Ban Meta Smart Glasses. CEO Mark Zuckerberg just dropped an Instagram reel showing off … | Victoria Song / The Verge: |
| Ming-Chi Kuo: |
Sources: Apple cut 2024 Vision Pro shipments to 400K-450K units, vs. a 700K+ market consensus, and US demand has “fallen sharply beyond expectations” — My latest survey is as follows: — Apple has cut its 2024 Vision Pro shipments to 400-450k units (vs. market consensus of 700-800k units or more).| Jacob Ridley / PC Gamer: |
The European Parliament adopts right-to-repair rules clarifying manufacturer obligations to provide repair services, consumer access to spare parts, and more — The new rules will give customers new ways to claim support for a product throughout its lifetime, and also aid independent repair shops.| Andrew J. Hawkins / The Verge: |
Tesla teases a ridehailing function in its app and says its robotaxi will be “purpose-built”, suggesting it will be built from the ground up to be self-driving — The company's CEO, Elon Musk, has said that Tesla will unveil a long-gestating robotaxi in August.| Nami Matsuura / Nikkei Asia: |
Samsung starts mass production of its 9th-generation 286-layer 3D NAND memory chips, which increases data I/O speeds by 33% compared to 8th-gen 236-layer chips — 286-layer product boosts data storage capacity by 50%, aiding AI — SEOUL — Samsung Electronics said Tuesday … | Seb Joseph / Digiday: |
For the third time, Google delays the deprecation of third-party cookies in Chrome, pushing back its plans to early 2025 amid regulatory scrutiny — Google is delaying the end of third-party cookies in its Chrome browser — again. In other unsurprising developments, water remains wet.| MacKenzie Sigalos / CNBC: |
Block says it has finished the development of its own 3nm bitcoin mining chip and is working through the design with a “leading global semiconductor foundry” — Jack Dorsey says that his payments company, Block (formerly Square), is expanding its bitcoin mining ambitions … | Kashmir Hill / New York Times: |
Not only has GM sold driving data to insurers without telling users, but a GM app “bug” meant users who were enrolled in Smart Driver were told they weren't — This privacy reporter and her husband bought a Chevrolet Bolt in December. Two risk-profiling companies … | Wall Street Journal: |
Sources: IBM is nearing an acquisition of HashiCorp, which helps companies manage cloud infrastructure, in the coming days; HashiCorp's stock jumps 22%+ — . — The details — A deal for HashiCorp could come together in the coming days, according to people familiar with the matter.| Mary Jo Foley / Directions on Microsoft: |
Microsoft must take security seriously again by being transparent about breaches and no longer charging its subscribers extra for must-have security features — Microsoft charges extra for many core security and compliance features. What can customers do to try to minimize risk and save money?| Sarah McBride / Bloomberg: |
Xaira Therapeutics, which aims to use AI models to find new drugs to treat diseases, emerged from stealth with $1B in commitments from Sequoia and others — - Marc Tessier-Lavigne resigned from Stanford after controversy — New startup has backing from high-wattage tech investors| Carl Franzen / VentureBeat: |
OpenAI announces new enterprise-grade features for API customers, including enhanced security, administrative controls, and new Assistants API capabilities — Even as Meta's new Llama 3 has quickly rocketed up the charts of most-used and most customized large language models (LLMs) … | Edward Zitron / Ed Zitron's Where's Your Ed At: |
Emails released as part of US vs. Google show how Google's finance and ad teams led by Prabhakar Raghavan made Search worse to make the company more money — This is the story of how Google Search died, and the people responsible for killing it. — The story begins on February 5th 2019 … | Marina Temkin / TechCrunch: |
NY-based Campus, which is building an online alternative to traditional community colleges, raised a $23M Series A extension following a $29M Series A in 2023 — Although many students in the United States enter community colleges intending to transfer to four-year universities … | Viola Zhou / Rest of World: |
Interviews with 20+ current and former TSMC staff at its Arizona plant finds struggles over bridging Taiwanese and US norms, rigid hierarchies, and other issues — Missed deadlines and tension among Taiwanese and American coworkers are plaguing the chip giant's Phoenix expansion.| Tom Matsuda / Sifted: |
Paris-based Payflows, whose automated financial management SaaS could be deployed on top of existing ERP systems, raised a €25M Series A led by Balderton — The funding round is the latest sign that fintech investors are continuing to focus on the B2B segment| The Pragmatic Engineer: |
A deep dive into how Bluesky is built, including its growth from three engineers to 12 in just over two years and its infrastructure move from AWS to on-prem — Bluesky is built by around 10 engineers, and has amassed 5 million users since publicly launching in February this year.| Ingrid Lunden / TechCrunch: |
Sources: AI search engine Perplexity is raising $250M+ at a $2.5B to $3B valuation; previous backers NEA and IVP are among those looking to invest — Perplexity, the AI search engine startup, is a hot property at the moment. TechCrunch has learned that the company is currently raising … | Shirin Ghaffary / Bloomberg: |
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