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August 22, 2024, 6:45 PM
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Top News

Chance Miller / 9to5Mac:
Apple unveils iOS changes to comply with the EU's DMA: browser choice screen updates, more default app settings, and the ability to delete certain system apps  —  Apple has announced another set of changes to its App Store and iPhone changes in the European Union.
Financial Times:
Italian officials: divers recover UK tech entrepreneur Mike Lynch's body from the wreckage of superyacht Bayesian, which sank three days ago off Sicily's coast  —  Christopher Morvillo, Jonathan Bloomer and their wives died after vessel sank on Monday  —  The bodies of UK tech entrepreneur Mike Lynch …
Financial Times:
Mike Lynch experienced some of the most extreme career highs and lows of any UK tech entrepreneur, selling Autonomy for $11B to HP before a 12-year legal ordeal
Trisha Thadani / Washington Post:
Court filing: the unsealed list of X Holdings shareholders names nearly 100 entities, such as 8VC, Italy-based UnipolSai, and a fund tied to Sean “Diddy” Combs  —  A court filing obtained by The Post lists which firms and individuals have a financial stake in the platform.
Bloomberg:
Ex-FTX exec Ryan Salame's romantic partner is charged with campaign finance violations, a day after he said the US reneged on his plea deal by investigating her  —  - Michelle Bond charged in indictment unsealed Thursday  — Ryan Salame says US reneged on his plea deal by charging Bond
MacKenzie Sigalos / CNBC:
Donald Trump promotes his family's forthcoming crypto platform, The DeFiant Ones, in a post on Truth Social, mentioning a Telegram channel but few other details  —  Former President Donald Trump on Thursday promoted a soon-to-launch, Trump Organization crypto platform, “The DeFiant Ones” to his 7.5 million followers on Truth Social.
Hayden Field / CNBC:
In a pitch deck, AI search engine Perplexity told advertisers it plans to start running ads in Q4; a source says Perplexity's CPM prices will be $50+  —  Perplexity AI, the artificial intelligence startup that's been embroiled in controversy due to accusations of plagiarizing content from media outlets …
Sarah McBride / Bloomberg:
Neuralink says its second human implant surgery “went well” and that the patient, who has a spinal cord injury, can design 3D objects and play Counter-Strike 2  —  Google Taps AI to Revamp Costly Health-Care Push Marred by Flops … Hello World
Jody Godoy / Reuters:
An appeals court revived Washington, DC's antitrust lawsuit against Amazon, saying it plausibly claimed Amazon's pricing policies illegally stifle competition  —  An appeals court in Washington, D.C. revived the district's lawsuit against Amazon.com Inc (AMZN.O) on Thursday …
David Shepardson / Reuters:
The FCC says Lingo Telecom agreed to pay a $1M fine after the FCC said Lingo made fake robocalls imitating President Biden in New Hampshire to dissuade voting  —  Lingo Telecom agreed to pay a $1 million fine after the agency said it transmitted fake robocalls imitating President Joe Biden seeking …
Olga Kharif / Bloomberg:
NFT marketplace Magic Eden launches a mobile wallet app and will begin using a token to be issued by a foundation that supports the Magic Eden ecosystem  —  - Platform will now allow token swapping from a mobile app  — App will enable swapping of assets across five blockchains
Mia Sato / The Verge:
Instagram announces a Myspace-like feature to let users add 30 seconds of a song to their profile from Instagram's library of music; the songs won't autoplay  —  A new feature announced by Instagram today will allow users to add a song on their profile — much like Myspace in the early 2000s.
Michael Gwilliam / Dexerto:
Twitch plans to raise its new Tier 1 sub and gift sub prices on mobile in 40+ countries on October 1; in an email, Twitch says Tier 1 will rise by $2 to $7.99  —  Twitch has announced yet another increase to the price of subs after already raising the cost earlier in the summer.
Cory Weinberg / The Information:
Sources: Stripe plans a tender offer to buy back shares held by current employees with its own cash; Stripe is offering $27.51/share, implying a $70B valuation  —  Stripe is planning a new tender offer to buy back shares held by employees, but it will finance this one entirely with its own cash, unlike in previous employee tenders.
Sergiu Gatlan / BleepingComputer:
LiteSpeed Cache, the top WordPress site acceleration plugin, had a critical flaw that left sites open to takeover attacks; 2M+ sites are likely still vulnerable  —  A critical vulnerability in the LiteSpeed Cache WordPress plugin can let attackers take over millions of websites after creating rogue admin accounts.

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From Mediagazer

Matthew Keys / The Desk:
DirecTV terminates its Dish acquisition after a group of Dish creditors rejected a modified bond exchange offer

Ashley Carman / Bloomberg:
A growing number of podcasters, including Tim Ferriss, are moving away from interviews to monologues or co-hosts, as some well-known guests can be overexposed

Jonathan Stempel / Reuters:
A New York judge finds Sirius XM liable for a difficult subscription cancellation process; Sirius says it will appeal but abide by a new “click-to-cancel” rule

More News

Reuters:
Interviews with dozens of Byju's staff and other sources show a growing sense of desperation, as its insolvency proceeds; some staff weigh their legal options

Earlier Picks

Shirin Ghaffary / Bloomberg:
In a letter to Senator Scott Wiener, OpenAI says California's AI safety bill would hurt innovation and that AI safety regulation should be on the federal level
Tom Warren / The Verge:
Microsoft says Recall will be available to Windows Insiders in October 2024, after delaying the AI feature's launch in June over security and privacy concerns
Brendan Pedersen / Punchbowl News:
Public Citizen: crypto companies spent $119M+ in the 2024 election cycle through Q2, or 48% of all corporate money, an “unprecedented” election spending spree
Jess Weatherbed / The Verge:
Samsung unveils a new Odyssey gaming monitor lineup that uses eye-tracking tech to convert 2D visuals into glasses-free 3D, set for release “within this year”
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