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June 24, 2024, 2:25 PM
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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.
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 …
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.
Shahram Mokhtari / iFixit News:
The Surface Laptop 7 and Surface Pro 11 receive a repairability score of 8 out of 10, far better than the first Surface Laptop, which got a 0 in June 2017  —  Microsoft's team of hardware wizards have spent the last couple of years practicing their Reparo spell and it's really starting to show.
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 …
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 …
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 …
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.

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From Mediagazer

Natalie Korach / @nataliekorach:
Sources: Washington Post Executive Editor Matt Murray spiked a story prepared by the newspaper's media desk covering the historic layoffs

The Guardian:
The UK raises the TV license fee, the BBC's main funding source, from £174.50 to £180 a year from April 1, saying it gives the BBC a “stable financial footing”

Corbin Bolies / The Wrap:
News Corp reports $242M in Q2 net income, down 21% YoY, rev. up 6% YoY to $2.36B vs. $2.30B est., digital-only WSJ subs up 13% to 4.3M, HarperCollins rev. up 6%

More News

Earlier Picks

Andrew Mills / Reuters:
Qatari telecom group Ooredoo: Nvidia agreed to deploy AI tech in Ooredoo datacenters in five Middle Eastern countries, Nvidia's first major launch in the region
Ivan Mehta / TechCrunch:
Meta launches Meta AI in India with only English support, a week after Google debuted its Gemini app for Android in India with support for nine local languages
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