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May 13, 2024, 4:15 AM
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| Javier Espinoza / Financial Times: |
Sources: the EU is set to issue new antitrust charges against Microsoft over concerns over undermining Teams competitors, despite Microsoft offering concessions — Tech group's effort to avoid action by unbundling videoconferencing app from its other software appears to have failed| Lucas Shaw / Bloomberg: |
Sources: Apple has met with Hollywood talent representatives to propose a new performance-based compensation regime, as Amazon and Netflix work on similar plans — Apple builds a bonus system around sign-ups, viewer loyalty and production costs. — Good afternoon from 30,000 feet.
More: PhoneArena and The Information
| Saritha Rai / Bloomberg: |
A look at 01.AI, which is launching Wanzhi, a free generative AI assistant focused on the Chinese market; CEO Kai-Fu Lee says 01.AI is nearing profitability — - His startup 01.AI is introducing its first consumer AI app — China needs a catalyst in the same way ChatGPT fueled the US
More: Benzinga. X: @sbeastwindy, @marikakatanuma, @01ai_yi, @saritharai, @_philschmid, and @dorialexander
Forums: Hacker News and r/LocalLLaMA
| Matthew Green / @matthew_d_green: |
Following attempts to malign Signal as insecure by Telegram's CEO and Elon Musk, a look at why Signal is widely regarded by experts as more secure than Telegram — Telegram has launched a pretty intense campaign to malign Signal as insecure, with assistance from Elon Musk. The goal seems to be to get activists to switch away from encrypted Signal to mostly-unencrypted Telegram. I want to talk about this a bit. 1/
| Melissa Korn / Wall Street Journal: |
A look at the rise and fall of 2U, which provides online degree programs for top US universities and is currently valued at ~$30M, down from $5B+ in 2018 — In May 2018, employees from education technology company 2U paraded through the streets of New Orleans, beads and booze abundant … | New York Times: |
A look at how Elon Musk uses X to support right-wing world leaders like Narendra Modi who could help secure advantages for his businesses — Minutes after it became clear that Javier Milei had been elected president of South America's second-largest nation in November, Elon Musk posted on X: “Prosperity is ahead for Argentina.”
Threads: @karaswisher, @motorcityadam, @karaswisher, @yonetteajoseph, @markjacobnews, and @lorakolodny
Bluesky: @delexical.bsky.social, @rmac.bsky.social, and @kateconger.bsky.social
X: @ryp__, @flitteronfraud, @markjacob16, @ericgeller, @rmac18, @rmac18, and @kateconger
Forums: Hacker News, r/RealTesla, and r/inthenews
| Reuters: |
Sources: Shein steps up preparations for a London listing amid regulatory hurdles for a New York IPO; a source says Shein plans to file in London as soon as May — Fast-fashion giant Shein is stepping up preparations for a London listing after its attempt to float itself …
More: Proactive, City A.M., The Guardian, and The Sunday Times
| Heather Somerville / Wall Street Journal: |
As VC firms pivot to investing in startups developing defense tech for the US and its allies, some of their business ties with China still linger — Investors with connections to China are backing startups developing tech that the U.S. wants to counter Beijing
X: @tomaxwell and @jchengwsj
| Mark Gurman / Bloomberg: |
A look at the potential successors to Apple's top executives across all major divisions, including SVP Sabih Khan in operations and VP Kevan Parekh in finance — Apple's management team is made up of longtime executives nearing the end of their tenures. That means a broad shake-up is increasingly likely.| Henry Mance / Financial Times: |
Researcher Sonia Livingstone says constraining tech companies and empowering young people and parents are better alternatives to banning kids from social media — Social psychologist Sonia Livingstone says there are alternatives to banning the young from social media
X: @henrymance, @henrymance, @alecmuffett, @livingstone_s, and @ciesiolkiewicz. LinkedIn: Sonia Livingstone
| Sudip Kar-Gupta / Reuters: |
Brad Smith says Microsoft plans to invest €4B in France, mostly focused on AI, and the company will set up a data center in the city of Mulhouse — Technology and software giant Microsoft (MSFT.O) will invest 4 billion euros ($4.3 billion) in France as part of the annual ‘Choose France’ business summit …
More: Bloomberg
| Ju-min Park / Reuters: |
South Korea's Finance Minister Choi Sang-mok says the government is preparing a $7.3B+ support package for chip investments to win the “war” in the chip sector — South Korea is readying plans for a support package for chip investments and research worth more than 10 trillion won … Sponsor Posts
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Hard Fork:
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