| 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.| Wayne Ma / The Information: |
Sources describe Apple's efforts to fully automate iPhone assembly lines, helping reduce its reliance on China, including by acquiring startups like DarwinAI — It was the kind of incident Apple executives never want to repeat. In November 2022, at a factory in Zhengzhou, China … | 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| Financial Times: |
Sources: the EU plans to charge Microsoft this week for bundling Teams with its other software to the detriment of rivals, deeming its concessions insufficient — Also in this newsletter: How the European Commission wants to put G7 plans on Russia's frozen assets into action| 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 … | Eduardo Baptista / Reuters: |
Sources: ByteDance is working with Broadcom on a US-sanctions-compliant 5nm AI chip, to be made by TSMC, which is not expected to start manufacturing in 2024 — China's ByteDance is working with U.S. chip designer Broadcom (AVGO.O) on developing an advanced AI processor … | 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 … | Mark Gurman / Bloomberg: |
A look at Apple's plans for its 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.| Jay Peters / The Verge: |
Shopify unveils AI-focused updates for merchants, including suggested replies and product categorization, and launches its AI chatbot Sidekick in early access — Shopify's new AI “Sidekick” chatbot is officially launching in early access, the company said as part of its “2024 Summer Edition” updates announced on Monday.| Issie Lapowsky / Fast Company: |
A look at the rise of financial sextortion of minors; US NCMEC received an average of 812 sextortion reports per week between August 2022 and August 2023 — A sweeping new report sheds light on how scammers are exploiting kids online for money—and what we all must do to help prevent it.| New York Times: |
Interviews with ~12 media executives, such as Brian Roberts, John Malone, Barry Diller, and Ted Sarandos, about the future of streaming, bundling, ads, and more — When the media titans Brian Roberts, John Malone and Barry Diller cast off in early February on Mr. Diller's 156-foot …
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