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April 24, 2024, 1:30 PM
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Lauren Feiner / The Verge:
President Biden signs the ByteDance-TikTok divest-or-ban bill into law, after the Senate passed it by 79-18; the House passed the legislation 360-58 on April 20  —  The divest-or-ban bill is now law, starting the clock for ByteDance to make its move.  The company has an initial nine months …
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Alex Barinka / Bloomberg:
Biden signing the TikTok divestment bill starts a 270-day countdown for a sale or a US prohibition; sources say ByteDance sees a divestiture as a last resort  —  - China's ByteDance faces deadline to sell app under new US law  — Company braces for legal fight against divest-or-ban efforts
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 …
New York Times:
How a tiny group of US lawmakers and aides wrote the TikTok divestment bill, hiding their efforts to avoid TikTok's lobbying, alongside the DOJ and White House  —  A tiny group of lawmakers huddled in private about a year ago, aiming to keep the discussions away from TikTok lobbyists while bulletproofing a bill that could ban the app.
Monica Alba / NBC News:
Biden's re-election campaign plans to continue using TikTok for at least the next year, with “enhanced security measures”, to help “meet voters where they are”
Tom Warren / The Verge:
Microsoft begins rolling out Windows 11 Start menu ads that show app “recommendations” from “a small set of curated developers”; users can disable the ads  —  Microsoft is starting to enable ads inside the Start menu on Windows 11 for all users.
Joanna Nelius / The Verge:
Qualcomm details its Snapdragon X Plus and X Elite chips; benchmarks from a demo suggest the chips match Apple's M3, Intel's Core Ultra 9, and AMD's Ryzen 9  —  On Wednesday, Qualcomm announced the impending arrival of its Snapdragon X Plus laptop processor alongside more information …
Sergiu Gatlan / BleepingComputer:
The US OFAC sanctions four Iranian nationals over cyberattacks on the US government, defense contractors, and private companies, and the DOJ unseals indictments  —  The Treasury Department's Office of Foreign Assets Control (OFAC) has sanctioned four Iranian nationals for their involvement …
Nikhilesh De / CoinDesk:
The US DOJ argues Binance founder Changpeng Zhao should spend three years in prison and pay $50M for helping Binance violate sanctions and money laundering laws  —  The DOJ wants Zhao to serve 36 months after his guilty plea last year.  —  Binance's founder and former chief executive …
Edward Zitron / Ed Zitron's Where's Your Ed At:
Emails released as part of US v. 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 …
Wall Street Journal:
The US FTC bans noncompete clauses that restrict job switching, the first time in 50+ years that the FTC has issued a regulation mandating an economywide change  —  Move sets up high-stakes legal clash with business groups over the agency's power  —  WASHINGTON—The Federal Trade Commission …
Seb Joseph / Digiday:
Google delays deprecating third-party cookies in Chrome for the third time, pushing back its Q4 2024 plans to early 2025, after the UK CMA expressed concerns  —  Google is delaying the end of third-party cookies in its Chrome browser — again.  In other unsurprising developments, water remains wet.
Adam Iscoe / New Yorker:
A look at the restaurant reservation ecosystem in New York City, where new apps have sprung up to help diners book a table at buzzy restaurants for a price  —  How bots, mercenaries, and table scalpers have turned the restaurant reservation system inside out.
Shubham Sharma / VentureBeat:
Apple debuts OpenELM, a family of language models with 270M, 450M, 1.1B, and 3B parameters, designed to run on-device, pre-trained and fine-tuned on public data  —  Just as Google, Samsung and Microsoft continue to push their efforts with generative AI on PCs and mobile devices …
Jacob Ridley / PC Gamer:
The European Parliament adopts right-to-repair rules clarifying manufacturers' 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.
MacKenzie Sigalos / CNBC:
Block says it has finished developing 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 from designing chips …

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From Mediagazer

The Guardian:
Ireland, Spain, Slovenia, and the Netherlands exit Eurovision after Israel received an all-clear to compete; the BBC and Germany's SWR plan to participate

James Faris / Business Insider:
Kalshi strikes a deal with CNBC that will integrate Kalshi's prediction data into CNBC's channel, site, and app starting in 2026, days after striking a CNN deal

Max Tani / Semafor:
Sources: Atlas Obscura's co-founders were pushed out of the company amid clashes with CEO Louise Story, who has trimmed staff and changed editorial strategy

More News

Earlier Picks

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
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
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
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
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