Techmeme
July 1, 2024, 10:10 AM

Top News

Foo Yun Chee / Reuters:
Preliminary findings: the EU says Meta's pay or consent ad model breaches the DMA; Meta faces a fine of up to 10% of its global annual turnover if found guilty  —  Meta Platforms (META.O) was charged by EU antitrust regulators on Monday for failing to comply with landmark tech rules …
Mark Gurman / Bloomberg:
Sources: Apple is working on bringing Apple Intelligence to the Vision Pro, rejiggers its Vision Pro retail demos, and starts developing its major OSes for 2025  —  Apple's strategy to make its devices last longer will mean AI and software are even more important to its business.
Chance Miller / 9to5Mac:
Kuo: Apple plans to mass produce new AirPods with camera modules by 2026, which will include an IR camera like the iPhone's Face ID receiver, for use in AR/VR  —  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.
Kalley Huang / The Information:
Source: Character.AI held talks over partnerships with Google, Meta, and xAI, to access the partnering company's computing in return for sharing some of its IP  —  A year ago, Character.AI had the wind at its back.  Founded by two artificial intelligence pioneers from Google …
Aanu Adeoye / Financial Times:
Nigeria's food delivery startups are attracting investors optimistic about the growing demand in a market that is expected to double to $2.4B over eight years  —  Sector forecast to double in value over eight years but soaring inflation will erode families' spending power
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

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Zoho:
5 common accounting mistakes  —  This is a guest post by Yaali Bizappln Solutions.  A lot of businesses manage their customers and finances on separate platforms.  This disconnect often leads to missed invoices …
Hamming:
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Earlier Picks

Luisa Beltran / Fortune:
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Evgeny Morozov / Financial Times:
Paul Kiernan / Wall Street Journal: