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September 16, 2024, 4:20 AM
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Alexandre Tanzi / Bloomberg:
Research based on the US Census Bureau's data from 2008 to 2021 suggests online dating may be partially to blame for a rise in income inequality in recent times  —  - With apps, people increasingly marry someone like themselves  — It helps explain the increase in income inequality since 1980
Sergiu Gatlan / BleepingComputer:
The Port of Seattle says the Rhysida ransomware operation was behind an August 24 cyberattack and that it appears “some Port data was obtained by the actor”  —  Port of Seattle, the United States government agency overseeing Seattle's seaport and airport, confirmed on Friday …
The Verge:
A look at the US DOJ's divestment case against TikTok, which relies on classified material that TikTok can't review, as oral arguments begin on September 16  —  Next week, a court will hear arguments about whether the US government can ban TikTok, based on evidence it doesn't want anyone — including the social media company — to see.
Aditya Kalra / Reuters:
Regulatory reports: India's CCI accuses Samsung, Xiaomi, and other smartphone makers of collusion for exclusively launching products on Amazon and Flipkart  —  Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's (WMT.N) Flipkart to exclusively launch products …
Aditya Kalra / Reuters:
In reports dated August 9, Indian antitrust regulator CCI found that Amazon and Flipkart violated local competition laws by giving preference to select sellers
Matthew Martin / Bloomberg:
Groq and Aramco plan to build a Saudi Arabia data center by the end of 2024; Groq says it will be the world's largest AI inferencing center with 19K Groq GPUs  —  The California-based startup will operate what it has said will be the world's largest AI inferencing center that initially …
Shahram Mokhtari / iFixit News:
Google Pixel 9 Pro Fold teardown: impressive repairability for a foldable, with a modular design that separates high mechanical wear parts like the USB-C port  —  The Pixel 9 Pro Fold has come a long way since the first generation Pixel Fold.  That's because unlike other foldable smartphones …
Ben Lovejoy / 9to5Mac:
Apple's Activation Lock for iPhone components will make a huge dent in the market for stolen iPhones, though it introduces another barrier to DIY repairs  —  Apple's latest theft-prevention measure went live for beta testers yesterday: Activation Lock for iPhone components.
Caroline O'Donovan / Washington Post:
How Google, Amazon, Microsoft, and Meta are fighting an Ohio power company's proposal to increase the upfront energy costs they'll pay for their data centers  —  Negotiations between Big Tech and an Ohio power utility could set a national precedent as communities grapple with the energy demands of the data center boom.
Zoltan Vardai / Cointelegraph:
Jeremy Allaire, the CEO of USDC issuer Circle, says the company is moving its global HQ to One World Trade Center in New York City, ahead of a planned IPO  —  2025 could bring stablecoins into the mainstream, after 2024 introduced a “turning point year in crypto,” according to Circle's Allaire.
Financial Times:
An overview of California's AI safety bill SB 1047, which easily passed the state's legislature, as it awaits Governor Newsom's signature or veto before Sep. 30  —  California's Gavin Newsom has until September 30 to decide whether to sign legislation that will reach far beyond the state

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From Mediagazer

Caitlin Huston / The Hollywood Reporter:
Ted Sarandos calls on streaming rivals to release their viewership numbers, says Netflix can double its viewership with live events and Christmas Day NFL games

Reshmi Basu / Bloomberg:
Sources: Byron Allen's media group is planning deeper cost cuts as it faces debt repayment deadlines, including one in February 2025

Foo Yun Chee / Reuters:
The EU's General Court annuls a €1.49B antitrust fine imposed on Google in 2019 for abusing its dominance to prevent websites from using non-AdSense ad brokers

More News

Bloomberg:
A profile of Chase Herro, who calls himself the “dirtbag of the internet” and sources say is the dealmaker behind Trump's crypto project World Liberty Financial
Christopher Mims / Wall Street Journal:
Recent announcements from Apple and Google show that AI is most useful as a feature in devices and software we already use, rather than a standalone product

Earlier Picks

Menaka Doshi / Bloomberg:
India's new M&A rule for deals exceeding ~$240M could create hurdles for startups that hope to be acquired in their early years to access funding and scale
Reuters:
Sources: OpenAI's $150B valuation in a $6.5B funding round hinges on whether the company can upend its corporate structure and remove a profit cap for investors
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