Techmeme
January 28, 2024, 12:25 PM

Top News

Steven Sinofsky / Hardcore Software:
Apple has handled its response, including its proposed App Store changes, to the EU's DMA with aplomb, despite the law being an assault on Apple's brand promise  —  An essay on the EU Digital Markets Act and Apple's “Update on apps distributed in the European Union” (and some personal history)
John Gruber / Daring Fireball:
Apple's proposed App Store and iOS changes seek to retain as much control over iOS as possible while staying within the letter of the EU's DMA  —  Apple yesterday announced a broad, wide-ranging, and complex set of new policies establishing their intended compliance with the European Union's …
Chance Miller / 9to5Mac:
Spotify:
Kurt Wagner / Bloomberg:
X plans to build a new “Trust and Safety center of excellence” in Austin, Texas, and hire 100 full-time moderators to fight child sexual exploitation material  —  - Employees will be full-time, primarily focused on CSE content  — X CEO Yaccarino to testify before Senate committee next week
Yuka Hayashi / Wall Street Journal:
Sources: the US plans to award billions in subsidies to Intel, TSMC, and other chipmakers in the coming weeks, amid concerns of a slow CHIPS Act implementation  —  Industry, lawmakers worry semiconductor production could take years because of negotiations, permitting and worker shortages
Wall Street Journal:
X blocks Taylor Swift searches as a “temporary action and done with an abundance of caution”, days after explicit AI-generated images of her flooded the site  —  Singer's name yielded error messages Saturday, days after her fans swarmed the social-media platform vowing to ‘protect Taylor Swift’
Bloomberg:
Sources: Reddit is targeting a valuation in the mid-single-digit billions for its planned IPO in March; Reddit raised funds at a $10B valuation in 2021  —  - Firm, advisers considering figure after early investor talks  — Private trades value social media company below $5 billion
Michael Msika / Bloomberg:
Europe's blue-chip stocks index Euro Stoxx 50 hits its highest level since 2001, with ASML and SAP, the region's two biggest tech stocks, powering the surge  —  - Rally in megacaps SAP, ASML and LVMH boosts Euro Stoxx 50  — Diversification by sector and geography seen as tailwinds

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Earlier Picks

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