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April 23, 2024, 7:35 PM
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| Wall Street Journal: |
The FTC bans noncompete clauses that restrict job switching, the first time in 50+ years that the FTC has issued a regulation mandating an economy-wide change — Move sets up high-stakes legal clash with business groups over the agency's power — WASHINGTON—The Federal Trade Commission …
More: Federal Trade Commission, NPR, Ars Technica, The Information, Gizmodo, PCMag, The Hill, GeekWire, GamesIndustry.biz, The Verge, Federal Trade Commission, Forbes, Variety, NBC News, Benzinga, New York Daily News, Semafor, Watcher Guru, and Fierce Healthcare …
Threads: @gergelyorosz_. X: @linakhanftc, @isforat, @lydiadepillis, @vxunderground, @ftc, @stevesi, @carnage4life, @garrytan, @quinnypig, @amy_k_nelson, @km, and @bindureddy
LinkedIn: Mark Lemley, Sandy Diao, Alex Dickinson, J.K. Simms, Michael Kitces, Nathan Carrell, and Alex Marcy
| Victoria Song / The Verge: |
Meta rolls out multimodal AI in early access for the Ray-Ban Meta Smart Glasses, mainly to help identify objects, translate signs, and write Instagram captions — When the Ray-Ban Meta Smart Glasses launched last fall, they were a pretty neat content capture tool and a surprisingly solid pair of headphones.| Victoria Song / The Verge: |
Meta's Ray-Ban Smart Glasses get support for video calling via WhatsApp and Messenger, hands-free Apple Music controls, and a new frame style — Meta just announced a slew of new updates for its Ray-Ban Meta Smart Glasses. CEO Mark Zuckerberg just dropped an Instagram reel showing off … | Emilia David / The Verge: |
Microsoft debuts Phi-3 Mini, a small 3.8B-parameter model about as capable as GPT-3.5, and plans Phi-3 Small and Phi-3 Medium models with 7B and 14B parameters — Microsoft launched the next version of its lightweight AI model Phi-3 Mini, the first of three small models the company plans to release.
More: arXiv.org, Axios, CNET, Reuters, Ars Technica, Hugging Face, InfoWorld, PCWorld, VentureBeat, iPhone in Canada Blog, Maginative, ZDNet, Cryptopolitan, Tom's Guide, The Register, NVIDIA, Windows Central, and New York Times
X: @sebastienbubeck, @dorialexander, @arankomatsuzaki, @dylan522p, @_mira___mira_, @clementdelangue, @yacinemtb, @iscienceluvr, @keunwoochoi, @_akhaliq, @apples_jimmy, @localghost, @andrewcurran_, @justjoshinyou13, @suhail, @maxwinebach, and @arankomatsuzaki. LinkedIn: Jamie Maguire
Forums: Hacker News, r/singularity, and Slashdot
| Ming-Chi Kuo: |
Sources: Apple cut 2024 Vision Pro shipments to 400K-450K units, vs. a 700K+ market consensus, and US demand has “fallen sharply beyond expectations” — My latest survey is as follows: — Apple has cut its 2024 Vision Pro shipments to 400-450k units (vs. market consensus of 700-800k units or more).
More: MacRumors, The Verge, 9to5Mac, Windows Central, Gizmodo, Tom's Guide, Neowin, BGR, AppleInsider, Supercharged, iClarified, and Cult of Mac
Threads: @sean.hodgdon. Bluesky: @marypcbuk.bsky.social. X: @mingchikuo, @scobleizer, and @scobleizer
Forums: Hacker News, r/apple, r/VisionPro, r/virtualreality, r/hardware, Slashdot, and MacRumors Forums
| Quentyn Kennemer / The Verge: |
Apple schedules a “special Apple Event” for May 7 at 10am ET, where new iPads are expected; rumors suggest the iPad Pro will get an OLED display and an M3 chip — After kicking off 2024 with the launch of the Vision Pro, the next act in Apple's 2024 script is a May product launch event.
More: MacRumors, Apple on YouTube, CNET, Android Police, Bloomberg, USA Today, PetaPixel, iThinkDifferent, KitGuru, iMore, BGR, Inverse, Hindustan Times, Patently Apple, The Shortcut, Investopedia, Supercharged, Android Headlines, The Apple Post, Ars Technica, Mashable, Laptop Mag, Digital Trends, Tom's Guide, Cult of Mac, iDownloadBlog.com, Pocket-lint, TechRadar, Business Times, Pocketnow, AppleInsider, Livemint, and ZDNet
X: @tim_cook, @markgurman, @markgurman, @saranbyte, @basicappleguy, @mike_wuerthele, @zollotech, and @markgurman. Forums: r/technology
| Kashmir Hill / New York Times: |
Not only has GM sold driving data to insurers without telling users, but a GM app “bug” meant users who were enrolled in Smart Driver were told they weren't — This privacy reporter and her husband bought a Chevrolet Bolt in December. Two risk-profiling companies …
More: The Register and Benzinga
Mastodon: @kashhill@mastodon.social. Bluesky: @niedermeyer.io and @misterjayem.bsky.social. LinkedIn: Kate Aishton. Forums: Hacker News
| Wall Street Journal: |
Sources: IBM is nearing an acquisition of HashiCorp, which helps companies manage cloud infrastructure, in the coming days; HashiCorp's stock jumps 22%+ — . — The details — A deal for HashiCorp could come together in the coming days, according to people familiar with the matter.
More: CRN, Bloomberg, SiliconANGLE, iTnews, The Information, Investor's Business Daily, CNBC, and Proactive
| MacKenzie Sigalos / CNBC: |
Block says it has finished the development of its own 3nm bitcoin mining chip and is working through the design with a “leading global semiconductor foundry” — Block Inc logo is seen displayed in this illustration taken, April 10, 2023. — Jack Dorsey says that his payments company …
More: mining.build, The Block, Bloomberg, CryptoSlate, and Cointelegraph
X: @marketplunger1 and @jack
| Jacob Ridley / PC Gamer: |
The European Parliament adopts right-to-repair rules clarifying manufacturer obligations to provide repair services, consumer access to spare parts, and more — The new rules will give customers new ways to claim support for a product throughout its lifetime, and also aid independent repair shops.| Carl Franzen / VentureBeat: |
OpenAI announces new enterprise-grade features for API customers, including enhanced security, administrative controls, and new Assistants API capabilities — Even as Meta's new Llama 3 has quickly rocketed up the charts of most-used and most customized large language models (LLMs) …
More: OpenAI. X: @scobleizer, @openaidevs, and @openai. LinkedIn: Garrett McCarthy. Forums: Hacker News
| Shirin Ghaffary / Bloomberg: |
Perplexity AI, which offers an AI chatbot that summarizes search results, raised ~$63M led by Daniel Gross at a $1B+ valuation, up from $520M in January 2024 — Perplexity's valuation has doubled in three months in a clear sign of investor enthusiasm for the company's artificial intelligence chatbot.| Counterpoint Research: |
iPhone sales in China fell 19.1% YoY to a 15.7% share in Q1 2024; Vivo fell 0.4% YoY to 17.4%, Honor rose 11.5% YoY to 16.1%, and Huawei rose 69.7% YoY to 15.5% — - China's smartphone sales grew 1.5% YoY and 4.6% QoQ in Q1 2024, marking the second consecutive quarter of positive YoY growth.
More: CNN, CNBC, TheStreet, Reuters, Business Times, TipRanks Financial, Forbes, PhoneArena, Neowin, Philip Elmer‑DeWitt, Barron's Online, Investopedia, Patently Apple, iPhone in Canada Blog, Huawei Central, Silicon Republic, PYMNTS.com, The Register, Patently Apple, Quartz, Wall Street Journal, and Bloomberg
| Seb Joseph / Digiday: |
For the third time, Google delays the deprecation of third-party cookies in Chrome, pushing back its plans to early 2025 amid regulatory scrutiny — Google is delaying the end of third-party cookies in its Chrome browser — again. In other unsurprising developments, water remains wet.| Viola Zhou / Rest of World: |
Interviews with 20+ current and former TSMC staff at its Arizona plant finds struggles over bridging Taiwanese and US norms, rigid hierarchies, and other issues — Missed deadlines and tension among Taiwanese and American coworkers are plaguing the chip giant's Phoenix expansion.
Mastodon: @KimPerales@toad.social and @asmallteapot@mastodon.social
X: @sarahnemerson, @mattzeitlin, @dlberes, @nicholasvinocur, @bigmeaninternet, @violazhouyi, @katjabego, @pstasiatech, @violazhouyi, @robert_spalding, and @jordanschnyc. LinkedIn: Sophie Schmidt
Forums: Hacker News, r/hardware, r/neoliberal, and r/taiwan
| Sara Dorn / Forbes: |
The US Senate advances the bill forcing a sale or ban of TikTok, preparing for a final vote on the bill as soon as Tuesday evening — The Senate is all but certain to pass the House-approved package that could ultimately ban TikTok if its China-based parent company doesn't sell the app …
More: The Information, WWD, CNBC, The Hill, Reuters, FactCheck.org, Jamaica Observer, Plain Dealer, The Motley Fool, Bloomberg, Fortune, NBC News, The Debrief, TweakTown, and MediaPost. X: @mgsiegler
| Forbes: |
Taser company Axon launches an AI tool that turns body cam audio into police reports to save time; critics worry it will introduce errors into crucial evidence — Axon says its AI will help get more police out of the office and on the streets. Critics worry it'll make cops lazy and potentially introduce errors into crucial evidence.
More: Gizmodo and Axon
Mastodon: @Yuki@queerfedi.com, @jsrailton@mastodon.social, and @hobs@mstdn.social. LinkedIn: Thomas Brewster. Forums: r/singularity
| Ashley Carman / Bloomberg: |
Spotify Q1: revenue up 20% YoY to €3.6B, MAUs up 19% to 615M, vs. 617.9M est., subscribers up 14% to 239M, and a €168M operating income; SPOT closes up 11.41% — - Subscribers to paid Spotify tiers jumped 14% to 239 million — Swedish audio-streaming company posted record operating profit
More: Fortune, Spotify, PYMNTS.com, CNBC, Variety, Financial Times, Fast Company, Tech Xplore, Digital Music News, Benzinga, and Reuters
X: @eldsjal, @richlightshed, @vijaychattha, @economyapp, @alexmacgregor__, @xpangler, and @spotifynews
LinkedIn: Gautam Talwar, Luis Caceres, Miguel Bañón Kelley, Jan-Paul Jeffrey, Lee Brown, and Edu Alonso
| Ashley Capoot / CNBC: |
Larry Ellison says Oracle is moving its world headquarters from Austin to Nashville to be closer to a major healthcare epicenter — Larry Ellison, co-founder and chairman of Oracle, speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 3, 2017.
More: Barron's Online and San Francisco Business Times
X: @quinnypig, @ashleycapoot, and @claytravis
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