Techmeme
July 11, 2024, 1:20 PM

Top News

Bloomberg:
Apple settles with the EU over Apple Pay and avoids potential fines by agreeing to open NFC access on iOS to third-party wallet developers for free for a decade  —  - EU accepts Apple pledge to open up payment tech to rivals  — Firm still faces mounting EU antitrust scrutiny in other areas
Leo Schwartz / Fortune:
The US SEC drops its investigation into Paxos over its BUSD stablecoin issued in partnership with Binance, after sending Paxos a Wells notice in February 2023  —  As the crypto industry continues its calls for regulatory clarity, a glaring question has been whether stablecoins …
Vlad Savov / Bloomberg:
IDC estimates that Apple will sell under 500K Vision Pro units in 2024, and the headset's international launch will offset a 75% QoQ drop in US sales in Q3 2024  —  - The pricey headset's US sales are expected to plummet  — A more affordable model in a year's time should help momentum
Sarah Perez / TechCrunch:
An international study of 642 websites and mobile apps offering subscription services finds ~76% with at least one possible dark pattern and ~67% with multiple  —  The U.S. Federal Trade Commission, along with two other international consumer protection networks, announced on Thursday …
Chance Miller / 9to5Mac:
Apple and Google launch a data portability tool that lets Google Photos users move their photos to iCloud, after offering iCloud to Google Photos in March 2021  —  Apple and Google have teamed up to introduce a new data portability tool that lets users transfer their Google Photos collections straight to iCloud Photos.
Mark Bergen / Bloomberg:
Helsing, which makes AI tools for defense, raised a €450M Series C led by General Catalyst, a source says at a €4.95B valuation, taking its funding to €769M  —  - Company formed in 2021 has now raised nearly €770 million  — Helsing will open entity in Estonia as part of Baltic push
Lauren Smiley / Wired:
A profile of Priscila Barbosa, who defrauded Uber and other apps by building a ~$10K-per-month business renting fake accounts to undocumented workers in the US  —  She came to the US with a dream.  Using platforms like Uber, Instacart, and DoorDash, she built a business empire up from nothing.
Eduardo Baptista / Reuters:
A SAS survey of 1,600 decision makers in key global markets: 83% of Chinese respondents said they've adopted generative AI vs. 65% in the US and 54% globally  —  China is leading the world in adopting generative AI, a new survey shows, the latest sign the country is making strides in the technology …
Brady Dale / Axios:
US prosecutors say crypto exchange BitMEX pled guilty to one count of violating the Bank Secrecy Act by not having an adequate AML program from 2015 to 2020  —  - U.S. agencies are paying attention now, and they are aggressively reviewing those early practices, as we've seen again and again recently.
Matt Burgess / Wired:
A US judge sentences Ukrainian Vyacheslav Igorevich Penchukov, who helped lead the prolific Zeus malware gang, to 18 years in jail and orders payment of $73M+  —  The cybercrime boss, who helped lead the prolific Zeus malware gang and was on the FBI's “most wanted” list for years …

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
Transform sales efficiency with VoIP-CRM integration  —  This is a guest post by CallHippo.  Sales efficiency is critical for success in today's competitive business landscape.  However, many businesses struggle …
Genesys:
Executive Insights: The Era of Contact Center AI Copilots  —  How AI copilots are transforming customer experience and agent performance.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Techmeme Ride Home:
Wed. 12/18 - Is Your Home Internet Router About To Be Banned?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:20 PM ET, July 11, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Bhupendra Paintola / Inc42 Media:
Rachel Metz / Bloomberg:
Janko Roettgers / Lowpass:

Earlier Picks

Shubham Sharma / VentureBeat:
Evan Gorelick / Bloomberg:
Brody Ford / Bloomberg:
Chris Welch / The Verge:
Ben Schoon / 9to5Google:
Wes Davis / The Verge:
Dan Goodin / Ars Technica: