Techmeme
July 1, 2024, 6:15 AM

Top News

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.
Javier Espinoza / Financial Times:
Sources: the EU plans to charge Meta under the DMA this week, focusing on Meta's pay or consent model where users pay for an ad-free Facebook and Instagram  —  EU is using introduction of Digital Markets Act to check the power of Big Tech  —  The EU is set to charge Facebook's parent Meta …
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
Kate Park / TechCrunch:
Japan-based SmartHR, which offers a cloud human resources and labor management software, raised a $140M Series E led by KKR and Teachers' Ventures Growth  —  SmartHR, a cloud-based human resources and labor management software startup, said on Monday that it has raised $140 million …
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

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