| 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.| Mark Gurman / Bloomberg: |
Sources: Apple rejected Meta's overtures to integrate Llama into the iPhone months ago, in part because it sees Meta's privacy practices as not stringent enough — - Apple has been looking to forge agreements to use AI chatbots — Report indicated that Apple and Meta are in discussions| Mia Sato / The Verge: |
The RIAA sues AI music services Suno and Udio over alleged mass copyright infringement and claims they are trying to “hide the full scope of their infringement” — A group of record labels including the big three — Universal Music Group (UMG), Sony Music Entertainment … | 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 … | Jason Koebler / 404 Media: |
Meta has seemingly stopped trying as hard to moderate its services, overrun with AI spam and scams; X gutting safety staff may have lowered the industry's bar — Facebook has been overrun with AI spam and scams. Experts say Facebook has stopped asking them for help.| Kyle Wiggers / TechCrunch: |
Emergence, which is building “agent-based” systems that orchestrate tasks by routing them to first- and third-party AI systems, emerges from stealth with $97.2M — Yet another generative AI venture has raised a bundle of money. And, like the others before it, it's promising the moon.| Kalley Huang / The Information: |
Klarity, which uses AI to let companies automate reviews of invoices and other documents, raised a $70M Series B led by Nat Friedman and Daniel Gross — Read through enough contracts, invoices or purchase orders—any business documents, really—enough times, and your eyes probably glaze over.| Evan Gorelick / Bloomberg: |
Uber has begun locking NYC drivers out of its app during low demand periods to fight a local rule that requires drivers be paid for idle time between rides — - Company locks drivers out of its app at unpredictable times — Uber blames Lyft, which is now threatening its own lockouts| Eugene Kim / Business Insider: |
Sources: Amazon is working on an AI chatbot, codenamed Metis, designed to compete directly with ChatGPT; source: it's tentatively slated for a September launch — - Amazon is working on a new AI service that competes with ChatGPT. — The project is internally codenamed Metis.| 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.| Manish Singh / TechCrunch: |
Prosus, the largest external investor in Byju's with a 9.6% stake, says its stake in the Indian edtech startup is now worth zero; Prosus has invested $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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