Techmeme
June 18, 2024, 7:20 PM

Top News

The Information:
Source: Apple told at least one supplier it has suspended work on the next Apple Vision Pro; sources: it's still aiming to debut a cheaper model by end of 2025  —  Apple Suspends Work on Next High-End Headset, Focused on Releasing Cheaper Model in Late 2025 Apple has told at least one supplier …
Zac Bowden / Windows Central:
ASUS VivoBook S 15 Copilot+ PC review: Snapdragon X Elite is incredible, all-day battery, a gorgeous 15.6" OLED screen, and $1,299 for 1TB SSD and 16GB of RAM  —  Qualcomm's Snapdragon X Elite elevates this Windows laptop from a good all-rounder to a great one.
Aisha Malik / TechCrunch:
An ex-Snap engineer debuts Butterflies, a social network where users can create AI personas that then interact with users and other AIs via posts and DMs  —  Butterflies is a social network where humans and AIs interact with each other through posts, comments and DMs.
Javier Espinoza / Financial Times:
Sources: Apple is set to settle a long-running EU antitrust investigation over payments, after the EU accepted measures that Apple committed to in January 2024  —  Tech company willing to open mobile pay system to rivals in concessions that will help avoid antitrust fines from the bloc
Kif Leswing / CNBC:
Nvidia surpasses Microsoft to become the world's most valuable public company, with a $3.34T market cap; NVDA is up over 9x since January 2023  —  Nvidia, long known in the niche gaming community for its graphics chips, is now the most valuable public company in the world.
Ryan Gallagher / Bloomberg:
Qilin, a cohort of Russian-speaking hackers, claims responsibility for the ransomware attack impacting London hospitals for weeks and demands $50M to end it  —  - Russian-speaking Qilin gang claims responsibility for breach  — Pathology services company Synnovis targeted in extortion
Reuters:
The US FTC says it has referred a complaint to the DOJ against TikTok and ByteDance over potential violations of the Children's Online Privacy Act  —  The U.S. Federal Trade Commission said on Tuesday it had referred a complaint to the Justice Department against the social media platform TikTok …
Bloomberg:
Filings: X is still working on a Venmo-like payments feature, with a 2024 US launch target; X had $1.48B in revenue in first six months of 2023, down ~40% YoY  —  State license applications give new insight into the company's plans, as well as its financial woes during the Elon era.
Natasha Lomas / TechCrunch:
Signal President Meredith Whittaker warns the EU's recent “upload moderation” proposal to detect CSAM “fundamentally undermines encryption” of messaging apps  —  A controversial European Union legislative proposal to scan the private messages of citizens in a bid …
Ivan Mehta / TechCrunch:
Meta launches its much-awaited Threads API, letting developers publish posts, fetch content, manage replies, and view analytics, after an API beta in March 2024  —  Meta said today that it finally launched its much-awaited API for Threads so developers can build experiences around it.
Wall Street Journal:
Social media creators say earning a decent, reliable income is getting harder, as platforms pay less for popular posts and brands get pickier about partnerships  —  Platforms are paying less for popular posts, brands are pickier about partnerships and a possible TikTok ban looms
Nilay Patel / The Verge:
A look at Apple's upcoming CarPlay updates, aiming to be “a design toolkit for automakers” comprising UI layers: local, overlay, remote, and punch-through  —  Apple's been talking about its next generation of CarPlay for two years now with very little to show for it …
Jonathan Stempel / Reuters:
Qualcomm agrees to pay $75M to resolve a suit from shareholders accusing it defrauding them by hiding its alleged anticompetitive sales and licensing practices  —  Qualcomm (QCOM.O) agreed to pay $75 million to resolve a lawsuit in which shareholders accused the chipmaker of defrauding …
Noam Scheiber / New York Times:
Amazon Labor Union members vote to join forces with the 1.3M-member Teamsters union; ALU President Christian Smalls says Teamsters allocated $8M for organizing  —  An affiliation agreement between the Amazon Labor Union and the 1.3 million-member Teamsters signals an escalation in challenging the online retailer.
Jason Snell / Six Colors:

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