Techmeme
October 23, 2023, 9:30 AM

Top News

Mark Gurman / Bloomberg:
Sources: Apple was caught flat-footed by the generative AI fever and is on course to spend ~$1B/year to add the tech across iOS 18, Siri, Music, and other apps  —  But the company is now preparing its response and plans to develop features for its full range of devices.
Hartley Charlton / MacRumors:
Gurman: Apple is planning a “Mac-centered product launch” around October's end and may release an updated 24-inch iMac; the current model launched in April 2021  —  Apple is planning a Mac-focused product launch, likely including the announcement of a refreshed 24-inch iMac …
Financial Times:
The Global Times: China opens a Foxconn investigation over tax and land use, inspecting Guangdong, Jiangsu, Henan, and Hubei sites; Foxconn plans to cooperate  —  Tax authorities said to have inspected a number of the Apple supplier's sites in provinces  —  China has launched an investigation …
Zack Abrams / The Block:
The Worldcoin Foundation plans to pay orb operators, who scan people into the Worldcoin network, in WLD rather than USDC in December and has issued ~134M WLD  —  - In a recent blog post, the Worldcoin Foundation announced that orb operators, who assist people in scanning their eyes to join …
Bloomberg:
Japan's FTC opens an investigation into Google over alleged antitrust violations; a report says the focus will be if Google asked OEMs to prioritize its search  —  - The FTC said it is looking into Google's business practices  — The US is mounting a broad investigation into the company
Julie Jargon / Wall Street Journal:
Members of Gen Z say they use family location sharing apps to bolster a sense of security, such as during dates or at concerts; Life360 now has 33M+ US MAUs  —  An upbringing filled with anxiety has Gen Z sharing their location via apps  —  Teenagers have long balked at telling parents where they are.
More: Insider
Tom Warren / The Verge:
Microsoft and Sony both advertise on the The Sphere in Las Vegas, for Xbox and Spider-Man 2, respectively; a leak showed Sphere ad slots may cost up to $450K  —  Microsoft and Sony have both spent thousands of dollars this week in marketing campaigns at The Sphere in Las Vegas.
Nikkei Asia:
Analysis: the iPhone 15 lineup has ~10% more expensive components than the iPhone 14 lineup; iPhone 15 Pro Max costs rose to $558, up 12% from the 14 Pro Max  —  Apple largely shoulders costs of zoom camera and 3-nm chip: Nikkei analysis  —  South Korea provided 29% of the latest iPhone series' parts …

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Dominic-Madori Davis / TechCrunch:
Elizabeth Dwoskin / Washington Post:
Beth Wang / Bloomberg Law: