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June 18, 2024, 9:30 AM
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| Javier Espinoza / Financial Times: |
Sources: Apple is set to settle a long-running EU antitrust investigation over payments, after the EU accepted measures that Apple committed to in January 2024 — Tech company willing to open mobile pay system to rivals in concessions that will help avoid antitrust fines from the bloc| Arjun Kharpal / CNBC: |
Margrethe Vestager says Apple has a number of “very serious” issues under the EU's DMA, and the EU will reveal conclusions of its investigation “hopefully soon” — WATCH NOW — Apple has a number of “very serious” issues under the European Union's sweeping rules aimed … | Amar Subramanya / Google: |
Google launches a Gemini app for Android in India, supporting English and nine other languages, and says Gemini will roll out to its iOS app in the coming weeks — Vice President, Engineering, Gemini Experiences — Gemini, your AI assistant from Google, has had an exciting first year in India.
More: 9to5Google, Engadget, Benzinga, Android Authority, Business Standard, MEDIANAMA, TestingCatalog, Financial Express, TechCircle, TechCrunch, Hindustan Times, Business Insider, Inc42 Media, The Indian Express, Business Today, PhoneArena, Sammy Fans, AIM, Livemint, and NewsBytes
X: @_arohan_, @abhaysingh_13, @sundarpichai, and @baxiabhishek
| Ivan Mehta / TechCrunch: |
Meta launches its much-awaited Threads API, letting developers publish posts, fetch content, manage replies, and view analytics, after an API beta in March 2024 — Meta said today that it finally launched its much-awaited API for Threads so developers can build experiences around it.
More: Meta for Developers, Mashable, GitHub, The Verge, WinBuzzer, Adweek, and NewsBytes
Threads: @mosseri, @zuck, @mehtology, @danielbuechele, @rednix, and @anujs3
X: @mgsiegler and @tomwarren
| Natasha Lomas / TechCrunch: |
Signal President Meredith Whittaker warns the EU's recent “upload moderation” proposal to detect CSAM “fundamentally undermines encryption” of messaging apps — A controversial European Union legislative proposal to scan the private messages of citizens in a bid …
More: Signal Blog, WinBuzzer, Blockonomi, Cointelegraph, WebProNews, RestorePrivacy, Euractiv, and The Record
Mastodon: @jpmens@mastodon.social. X: @mer__edith, @jsrailton, @profwoodward, @nzahn42, @mer__edith, @echo_pbreyer, and @bpreneel1. Forums: r/europe
| Chance Miller / 9to5Mac: |
Apple says it will no longer offer Apple Pay Later, the BNPL service launched in the US in 2023, and will focus on installment loan features coming in 2024 — Apple has announced that it is no longer offering Apple Pay Later, the “buy now, pay later” service that launched in the United States last year.
More: The Verge, MacRumors, Tom's Guide, Engadget, Apple Support, Silicon Republic, Bloomberg, iPhone in Canada Blog, CNBC, FinTech Futures, O'Grady's PowerPage, Wccftech, The Paypers, Business Insider, Proactive, Mashable, PhoneArena, PaymentExpert.com, TipRanks Financial, RTTNews, Livemint, International Business Times, BGR, Invezz, iThinkDifferent, Payments Dive, Reuters, Cult of Mac, Appleosophy, How-To Geek, Android Authority, Axios, Patently Apple, CNET, Neowin, Financial Times, Gizmodo, Finextra, Quartz, iMore, Benzinga, Supercharged, AppleInsider, Pocket-lint, NewsBytes, Macworld, and Six Colors
X: @bzamayo, @neilcybart, @maxwinebach, @parismarx, @maxwinebach, @neilcybart, @tailosivetech, @bzamayo, @apollozac, and @aaronp613
Forums: Hacker News, r/apple, r/technology, r/AppleWallet, Slashdot, and MacRumors Forums
| Wall Street Journal: |
Social media creators say earning a decent, reliable income is getting harder, as platforms pay less for popular posts and brands get pickier about partnerships — Platforms are paying less for popular posts, brands are pickier about partnerships and a possible TikTok ban looms
More: PYMNTS.com and Business Insider
X: @truthinad and @hoofnagle
Forums: Hacker News and r/technology
| Nilay Patel / The Verge: |
A look at Apple's upcoming CarPlay updates, aiming to be “a design toolkit for automakers” comprising UI layers: local, overlay, remote, and punch-through — Apple's been talking about its next generation of CarPlay for two years now with very little to show for it …
More: MacRumors, 9to5Mac, Tom's Guide, ZDNet, Motor1.com, autoX, Driven Car Guide, TopSpeed, AUTOJOSH, Geeky Gadgets, drivespark.com, autoevolution, CarDekho, autoevolution, The Mac Observer, iClarified, and autoevolution. X: @rsgnl
| María Paula Mijares Torres / Bloomberg: |
Stablecoin provider Tether announces a synthetic dollar backed by gold that will trade as aUSDT via smart contracts on the Ethereum Mainnet blockchain — - Alloy by Tether designed to track dollar with gold collateral — Tether Gold has a $573 million market capitalization| Wency Chen / South China Morning Post: |
Sources: Shein CEO Xu Yangtian has deliberately kept a low profile for fear of attracting unwanted public attention; Shein has never published any photos of him — - Even by the standards of Chinese tech business leaders, the lack of public information about Xu Yangtian is unusual| Calvin Wankhede / Android Authority: |
Adobe updates Acrobat with Firefly-powered AI image generation, AI Assistant supporting analysis of multiple documents, including non-PDF files, and more — Acrobat's AI Assistant is getting more useful, just months after its debut. — • — TL;DR| Emma Roth / The Verge: |
The US DOJ sues Adobe for allegedly harming “consumers by enrolling them in its default, most lucrative subscription plan without clearly disclosing” plan terms — The US government is suing Adobe for allegedly hiding expensive fees and making it difficult to cancel a subscription.
More: Federal Trade Commission, Ars Technica, Adobe Press Releases, TechCrunch, Windows Central, Business Today, PetaPixel, New York Times, US Department of Justice, ITPro, Business Insider, Gizchina, Proactive, Silicon Republic, TweakTown, Android Authority, iMore, Bloomberg, Pixel Envy, MacRumors, BBC, Mercury News, SiliconANGLE, Cybernews.com, Variety, PYMNTS.com, The Stack, IGN, Mashable, mjtsai.com, The Register, KRQE-TV, Quartz, Gizmodo, Benzinga, WinBuzzer, Neowin, PCMag, Engadget, 9to5Mac, and PCWorld
| James Rundle / Wall Street Journal: |
Maryland-based Huntress, an SMB-focused managed security platform, raised a $150M Series D led by Kleiner Perkins, Meritech, and Sapphire at a $1.5B+ valuation — Cash infusion will go toward new product development for small businesses, CEO says — Cybersecurity provider Huntress …
More: Reuters, CRN, and Huntress Labs
| Mark Bergen / Bloomberg: |
Cambridge, UK-based CuspAI, which is developing AI-powered tech for designing new materials, raised a $30M seed and adds Geoffrey Hinton to its advisory board — Former Google AI researcher to work with CuspAI, which has raised $30 million to combat climate change with AI-designed materials.
More: UKTN, Tech Funding News, Fortune, FinSMEs, TechCrunch, Silicon Canals, and EU-Startups
| Nilay Patel / The Verge: |
Q&A with Tubi CEO Anjali Sud, who joined from Vimeo in September 2023, on the streaming industry, working within Fox, subscription fatigue, copyright, and more — TV isn't just competing with Netflix for your time — it needs to beat TikTok, too. … Today, I'm talking with Anjali Sud, the CEO of Tubi.| Lisa Du / Bloomberg: |
Blackstone plans to buy Japanese digital comic provider Infocom in a ~$1.7B deal, in its biggest private equity transaction in Japan to date — - Offers to buy Japanese digital comic provider Infocom — Sees money-making opportunity stemming from original content| Zaheer Kachwala / Reuters: |
Autonomous trucking startup Waabi raised a $200M Series B led by Uber and Khosla Ventures, after an $83.5M Series A in 2021, and aims for a full launch in 2025 — Waabi has raised $200 million in a Series B funding round, led by existing investors Uber Technologies (UBER.N) and Khosla Ventures …
More: Benzinga, Bloomberg, TechCrunch, CNBC, Forbes, The Robot Report, Self Drive News, Quartz, The Verge, Waabi, and The Logic
| Pei Li / Bloomberg: |
Sources: Huawei is considering taking a cut of in-app purchases on HarmonyOS and has discussed a ~20% fee with game developers, below Apple's and Google's 30% — - Chinese firm is looking at a lower fee structure than Apple — Huawei's profit surged 564% as it reclaimed premium share| Manish Singh / TechCrunch: |
A look at India's quick commerce market, which has become an important distribution channel for Indian food brands, as Zepto and others expand beyond groceries — India's 2023 e-commerce sales of $60B-$65B were less than half of China's Singles Day sales — Even as quick commerce startups … | Associated Press: |
Down-ballot campaigns in the US are experimenting with AI, which can help them save money and time, while also raising fears about the threats of AI deepfakes — Adrian Perkins was running for reelection as the mayor of Shreveport, Louisiana, when he was surprised by a harsh campaign hit piece.
X: @merica and @garanceburke
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