Techmeme
April 19, 2024, 11:55 PM

Top News

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines  —  Apple's (AAPL.O) offer to open its tap-and-go mobile payments system to rivals is set to be approved by EU antitrust regulators as soon …
Coco Feng / South China Morning Post:
National Bureau of Statistics: China's integrated circuit output rose 40% YoY to 98.1B units in Q1, a sign that the country is expanding legacy chip production  —  - The output has soared thanks partly to strong demand from downstream sectors, such as new energy vehicles and smartphones
George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets  —  US stock markets suffer their worst run since October 2022 as investors pull back from AI bets  —  Nvidia's share price plunged …
Foo Yun Chee / Reuters:
Pornhub, Stripchat, and XVideos will have to comply with additional obligations, such as submitting risk assessment reports, under the EU DSA starting next week  —  Adult content companies Pornhub, Stripchat and XVideos will have to do risk assessment reports and take measures …
Ben Schoon / 9to5Google:
Nothing rolls out ChatGPT integration for Nothing Phone (2) and Nothing earbuds, including voice and text widgets for the phone  —  Following the launch of Nothing Ear and Ear (a) this week, Nothing is also rolling out a new update for Nothing Phone (2) which delivers quite a few upgrades, including ChatGPT integration.
Emma Roth / The Verge:
Post.News, the news-focused social platform launched in 2022 that offered micropayments to publishers, is shutting down after failing to grow “fast enough”  —  Post News, a Twitter alternative that emerged in the wake of Elon Musk's takeover, is shutting down.
James Hunt / The Block:
Bitcoin's fourth halving is now complete, lowering miners' block subsidy rewards from 6.25 BTC to 3.125 BTC; the third halving was in May 2020  —  - Bitcoin's fourth halving event has completed, ushering in a new epoch for the network.  — Bitcoin's block subsidy reward for miners has dropped from 6.25 BTC to 3.125 BTC.
Zack Whittaker / TechCrunch:
Hacking group GhostR claims it stole 5.3M records from World-Check screening database, used for KYC checks for sanctions and financial crime links, in March  —  The stolen database contains 5.3 million records  —  A financially motivated criminal hacking group says it has stolen …
Ryan Browne / CNBC:
Telegram partners with Tether to let the messaging app's ~900M users send USDT to each other through The Open Network blockchain  —  Stablecoin Tether and Circle's USDC dominate the market.  —  Telegram users can now start making stablecoin USDT payments to each other through the encrypted messaging service's linked blockchain.
Reuters:
China publishes measures to boost foreign investment in its domestic technology sector, including encouraging tech companies to raise money via bond issuance  —  China published measures on Friday aimed at promoting overseas investment in its technology sector, in a latest bid …

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Earlier Picks

Dwarkesh Patel / Dwarkesh Podcast:
Zaheer Kachwala / Reuters:
Kris Holt / Engadget:
Sarah Whitten / CNBC:
Crystal Kim / Axios:
Emma Roth / The Verge:
New York Times: