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June 30, 2024, 11:05 PM
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| Mark Gurman / Bloomberg: |
Sources: Apple is actively working to bring the AI features to Vision Pro, rejiggers Vision Pro's retail demos, and starts developing 2025's operating systems — Apple's strategy to make its devices last longer will mean AI and software are even more important to its business.
More: The Verge, MacRumors, MacRumors, 9to5Mac, PYMNTS.com, Benzinga, PhoneArena, MacRumors, iThinkDifferent, TechCrunch, Philip Elmer‑DeWitt, AppleInsider, iMore, Philip Elmer‑DeWitt, Neowin, and PCMag
Mastodon: @dwineman@xoxo.zone, @stroughtonsmith …, @stroughtonsmith …, and @stroughtonsmith …
X: @markgurman, @markgurman, @markgurman, @tgod34748, @scobleizer, and @vnchocotaco
Forums: r/apple, r/technology, and MacRumors Forums
| Chance Miller / 9to5Mac: |
Kuo: Apple plans to mass produce new AirPods with camera modules by 2026, which will include an IR camera similar to the iPhone Face ID receiver — According to a new report from analyst Ming-Chi Kuo, Apple is targeting to begin mass production of new “AirPods with camera modules” by 2026.| Yoolim Lee / Bloomberg: |
SK Hynix plans to invest ~$75B on chips through 2028, allocating ~80%, or $60B, on manufacturing HBM chips, as part of the parent company SK Group's bet on AI — - About 80%, or $60 billion, will be spent on HBM memory chips — Plan underscores overhaul at S. Korea's No. 2 business group
More: Reuters, SiliconANGLE, Cryptopolitan, TweakTown, Neowin, Cointelegraph, Tom's Hardware, The Investor, and The Crypto Times. Forums: r/wallstreetbets
| Financial Times: |
European fintech execs say financial services are shunning AI over job loss and regulatory fears, despite evidence that AI will boost productivity and cut costs — Industry leaders say concerns over impact of technology are outweighing benefits such as productivity gains and cost cuts
More: PYMNTS.com and Solondais
| Naomi Nix / Washington Post: |
A look at Meta's Oversight Board which now hopes it can help social networks comply with EU's DSA; sources: it's tried for years to attract clients beyond Meta — Once hailed as a model for internet governance, Meta's Oversight Board has been criticized as slow-moving and increasingly irrelevant.| Irene Garcia Perez / Bloomberg: |
Atos reaches a deal in principle with its creditors that restructures its debt, including injecting €233M in equity, and lets the creditors take control of Atos — - Creditors have agreed to inject equity and new debt into Atos — French IT firm's agreement with Onepoint fell apart last week| Andrew Cunningham / Ars Technica: |
Interviews with the creator and maintainers of FreeDOS, the only MS-DOS-compatible OS still under active development, about its continued relevance and more — Project's creator talks to Ars about where FreeDOS has been, where it's going. — Two big things happened in the world of text-based disk operating systems in June 1994.| Benjamin Taubman / Bloomberg: |
Kaiko: the proportion of Bitcoin traded over weekends has fallen to 16% in 2024 so far, down from 28% in 2019, a trend likely accelerated by Bitcoin ETFs launch — - Weekend trading drops to 16% of total volume, Kaiko says — ETFs, dwindling volatility lessen appeal, researcher says| Financial Times: |
Sources: BlackRock has agreed to buy Preqin, a UK-based provider of private markets data, for £2.55B in cash — Pursuit of data providers has grown alongside demand for ever more granular financial information — BlackRock has agreed to buy Preqin, a UK private markets data group …
More: Solondais
| Paul Kiernan / Wall Street Journal: |
The US finalizes rules requiring custodial crypto platforms to report user transaction info to the IRS; DeFi platforms are exempt amid fierce crypto lobbying — Treasury finalizes rules to deter crypto tax evasion—but softens them after industry lobbying push| Mary Ann Azevedo / TechCrunch: |
An interview with Plaid's first president, Jennifer Taylor, on expanding beyond its traditional fintech customers as its enterprise customer base crosses 1,000 — As Plaid has expanded its fintech services, so, too, has it grown its customer base. — Plaid got its start as a company … | The Information: |
Source: Amazon plans to use a controversial trade rule used by Temu and Shein, which exempts packages worth $800 or less from tariffs, for its discount section — Amazon is planning to use the same controversial trade rule as Temu and Shein to import items sold on its upcoming discount … Sponsor Posts
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