Techmeme
March 5, 2024, 11:30 AM

Top News

Financial Times:
As Alphabet, Amazon, Apple, ByteDance, Meta, and Microsoft comply with the EU's DMA before March 7, experts are skeptical its rules will have the desired effect  —  This week is the deadline for large online platforms to comply with new EU regulations on competition.  Too little too late, say some
CoinDesk:
Bitcoin surpassed $69K, eclipsing its previous all-time high set on November 10, 2021, with US spot bitcoin ETFs a likely catalyst of the latest bull run  —  The success of the spot ETFs which opened for business on January 11 was the catalyst for this latest bull run for the world's largest crypto.
Counterpoint Research:
Emma Roth / The Verge:
Facebook, Instagram, and Threads are all suffering an outage, which seemed to start around 10am ET  —  Facebook, Instagram, and Threads are all experiencing issues.  The three Meta-owned platforms aren't working for many users, with the widespread outage seeming to start around 10AM ET.
Emilia David / The Verge:
OpenAI updates ChatGPT with a Read Aloud feature that auto-detects 37 languages and reads GPT-4 and GPT-3.5 responses out loud on the web, Android, and iOS  —  OpenAI's new Read Aloud feature for ChatGPT could come in handy when users are on the go by reading its responses in one of five voice options out loud to users.
TechCrunch:
X's audio and video calls, which are on by default, are peer-to-peer, revealing users' IP addresses to each other unless they toggle an enhanced privacy setting  —  The new X calling feature can hurt your privacy  —  In his quest to turn a simple and functioning Twitter app into X …
Allison Johnson / The Verge:
Nothing debuts the 6.7" Phone (2a), its first budget phone, with a 5,000mAh battery and a MediaTek chip, starting at £319 for 8GB of RAM and 128GB of storage  —  Budget phones tend to be pretty forgettable, but the Nothing Phone 2A isn't your average budget phone — that much is obvious just looking at it.
Benj Edwards / Ars Technica:
Rachel Metz / Bloomberg:
Aisha Malik / TechCrunch:
Instagram now lets users edit DMs up to 15 minutes after sending, pin up to three messaging threads to the top of their inbox, and save their favorite stickers  —  Instagram announced today that it's rolling out the ability for users to edit their direct messages for up to 15 minutes after sending them.
Jennifer Elias / CNBC:
At an event, Sergey Brin said Google “definitely messed up” Gemini's image generation debut and it's “not our intention” for Gemini to lean left “in many cases”  —  - Google's Sergey Brin spoke to a roomful of entrepreneurs over the weekend at the “AGI House” in Hillsborough, California.
Alexa Corse / Wall Street Journal:
Twitter's former CEO, CFO, legal chief, and general counsel sue Elon Musk over allegedly $128M+ in unpaid severance and Musk's claim he had cause to fire them  —  Former CEO, CFO, legal chief, and general counsel dispute Musk's claim he had cause to fire them
Financial Times:
UK digital bank Monzo raised $430M led by Alphabet's CapitalG at a $5B valuation, up from $4.5B in December 2021, and plans to use funds to expand in the US  —  London-based digital bank raised $430mn from investors including CapitalG and HongShan  —  Monzo has secured a fresh round …
Zac Hall / 9to5Mac:
Apple says that after a software update the M3 14-inch MacBook Pro will be able to drive two external monitors when its lid is closed, like the M3 Air can  —  Apple introduced the M3 MacBook Air with a headlining new feature.  For the first time, the Apple silicon MacBook Air will be able to simultaneously drive two external monitors.
Benjamin Mayo / 9to5Mac:

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Bloomberg:
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Lawrence Bonk / Engadget:
Sean Hollister / The Verge:
Matt Binder / Mashable: