Techmeme
March 15, 2024, 9:05 PM

Top News

Jonathan Stempel / Reuters:
Apple reaches a $490M settlement to resolve a class-action lawsuit that alleged Tim Cook defrauded shareholders in 2019 by hiding falling iPhone demand in China  —  Apple (AAPL.O) has reached a $490 million settlement to resolve a class-action lawsuit that alleged Chief Executive Tim Cook …
Tom Warren / The Verge:
Microsoft is again injecting pop-ups into Chrome on Windows in a bid to get users to switch to Bing, after previously pausing them citing “unintended behavior”  —  Microsoft is once again injecting pop-ups into Google's Chrome browser in a bid to get people to switch to Bing.
Chance Miller / 9to5Mac:
Walmart starts selling Macs directly for the first time, partnering with Apple to sell the M1 MacBook Air for $699 a week after Apple stopped selling the laptop  —  Walmart is teaming up with Apple to sell the Mac for the first time.  In a press release today, the company said that it is now selling …
Maxwell Zeff / Gizmodo:
Lawyers warn that the bill banning TikTok unless it's sold gives POTUS unchecked power to ban any app or site the President deems a “national security threat”  —  The United States could make TikTok the first app banned by law, but technology lawyers warn it won't be the last.
Elena Schneider / Politico:
Mike Masnick / Techdirt:
Eleanor Olcott / Financial Times:
Dan Primack / Axios:
Reddit says FTC launched an inquiry into Reddit's licensing of user data to AI companies; an ex-FTC official says other companies also got such “hold letters”  —  - It also suggests that the FTC is expanding its look into AI-related deals, which previously appeared to be focused on equity investments.
Business Insider:
Sources: BeReal is weighing raising a Series C or being acquired, as what is left of its $90M in funding is set to run out this year and DAUs stagnate at 25M  —  - BeReal, the once-buzzy French social media app, is staring down a crossroads.  — User growth has been tough to come by …
Emma Roth / The Verge:
Uber and Lyft threaten to leave Minneapolis on May 1, after the city passed an ordinance to guarantee drivers a minimum rate of $1.40/mile and $0.5/minute  —  Uber and Lyft are pulling their services out of Minneapolis after the city council passed an ordinance that will increase drivers' pay.
Tom Henderson / Insider Gaming:
Leaked PS5 Pro docs mention rendering 45% faster than the PS5, 2x to 3x the ray tracing performance, and more; sources say it's set for a holiday 2024 release  —  Insider Gaming can confirm that the leaked PS5 Pro specs leaked earlier today are real and the PlayStation 5 is still tentatively targeting a 2024 holiday release.
Bob Van Voris / Bloomberg:
Filing: prosecutors ask a judge to sentence SBF to up to 50 years in prison when he is sentenced on March 28; SBF's lawyers had suggested five to six years  —  - Prosecutors say SBF showed brazen disrespect for rule of law  — Bankman-Fried lawyers had proposed a 6 1/2-year sentence
CNN:
SCOTUS rules that public officials may block people on social media in certain circumstances, tossing aside challenges against Michigan and California officials  —  The Supreme Court ruled Friday that public officials may block people on social media in certain circumstances …
Lauren Feiner / The Verge:
A look at Murthy v. Missouri, a case SCOTUS will hear Monday, which may upend how government communicates with social media platforms on topics like misinfo  —  On Monday, the Supreme Court will hear a case that could upend how social media platforms deal with posts containing anything from vaccine misinformation to election threats.
Forums: r/scotus
Ryan Weeks / Bloomberg:
Binance CEO Richard Teng, who has been in the role for only four months, quietly spun out Binance Labs, the company's $10B venture capital arm, earlier in 2024  —  - Investment arm is now independent from the trading platform  — Industry is monitoring for changes at Binance under CEO Teng

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