June 24, 2024, 10:15 AM

Top News

Javier Espinoza / Financial Times:
In preliminary findings, the EU says Apple's anti-steering developer rules breach the DMA; the EU is also probing if Apple's developer fees comply with EU rules  —  Tech giant faces penalty of up to 10% of global annual revenue  —  Brussels has accused Apple of stifling competition on its App Store …
Thomas Ricker / The Verge:
Apple is the first Big Tech company to be charged under the DMA rules and could be fined up to 10% of its annual global revenue, or $38B based on 2023 numbers  —  Apple's App Store “steering” policies violate the EU's Digital Markets Act meant to encourage competition, said regulators in their preliminary ruling Monday.
Wall Street Journal:
Sources: Meta has held discussions with Apple to offer Meta's AI model in Apple Intelligence; Anthropic and Perplexity also discussed offering their AI models  —  The longtime rivals have held talks about potentially integrating Meta's generative AI model into Apple Intelligence
John Gruber / Daring Fireball:
A look at Apple Intelligence, an umbrella for dozens of models running on device or in carbon-neutral data centers, and why the Vision Pro is not getting it yet  —  An oft-told story is that back in 2009 — two years after Dropbox debuted, two years before Apple unveiled iCloud …
More: 9to5Mac, Cult of Mac, and Benedict Evans
Threads: @sdw, @mergesort, and @timothybucksfMastodon: @tolmasky@mastodon.socialLinkedIn: Ron Miller
Mark Gurman / Bloomberg:
A look at Apple's plans for Vision headsets and AR glasses, M4 Macs, reasons for limiting Apple Intelligence to the latest iPhones and delaying it in the EU  —  The Apple Vision Pro has gotten off to a slow start, spurring management to rethink its plans for the device.
Ivan Levingston / Financial Times:
Turkish grocery delivery startup Getir agrees to a restructuring that will see Mubadala lead a $250M injection and acquire control of Getir's grocery operations  —  Shareholders in rapid grocery delivery start-up agree restructuring into two independent businesses
Manish Singh / TechCrunch:
Prosus, the largest external investor in Byju's with a 9.6% stake, says its stake in the Indian edtech giant is now worth zero; Prosus invested a total of $570M  —  One of Byju's largest investors, Prosus, on Monday said it believes its stake in the Indian edtech startup is now worth nothing …

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Earlier Picks

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