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June 24, 2024, 10:05 AM
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Top News

Javier Espinoza / Financial Times:
In preliminary findings, the EU says Apple's anti-steering developer rules breach the DMA; the EU is also probing if Apple's developer fees comply with EU rules  —  Tech giant faces penalty of up to 10% of global annual revenue  —  Brussels has accused Apple of stifling competition on its App Store …
Thomas Ricker / The Verge:
Apple is the first Big Tech company to be charged under the DMA rules and could be fined up to 10% of its annual global revenue, or $38B based on 2023 numbers  —  Apple's App Store “steering” policies violate the EU's Digital Markets Act meant to encourage competition, said regulators in their preliminary ruling Monday.
Wall Street Journal:
Sources: Meta has held discussions with Apple to offer Meta's AI model in Apple Intelligence; Anthropic and Perplexity also discussed offering their AI models  —  The longtime rivals have held talks about potentially integrating Meta's generative AI model into Apple Intelligence
John Gruber / Daring Fireball:
A look at Apple Intelligence, an umbrella for dozens of models running on device or in carbon-neutral data centers, and why the Vision Pro is not getting it yet  —  An oft-told story is that back in 2009 — two years after Dropbox debuted, two years before Apple unveiled iCloud …
More: 9to5Mac, Cult of Mac, and Benedict Evans
Threads: @sdw, @mergesort, and @timothybucksf.  Mastodon: @tolmasky@mastodon.social.  LinkedIn: Ron Miller
Mark Gurman / Bloomberg:
A look at Apple's plans for Vision headsets and AR glasses, M4 Macs, reasons for limiting Apple Intelligence to the latest iPhones and delaying it in the EU  —  The Apple Vision Pro has gotten off to a slow start, spurring management to rethink its plans for the device.
Ivan Levingston / Financial Times:
Turkish grocery delivery startup Getir agrees to a restructuring that will see Mubadala lead a $250M injection and acquire control of Getir's grocery operations  —  Shareholders in rapid grocery delivery start-up agree restructuring into two independent businesses
Manish Singh / TechCrunch:
Prosus, the largest external investor in Byju's with a 9.6% stake, says its stake in the Indian edtech giant is now worth zero; Prosus invested a total of $570M  —  One of Byju's largest investors, Prosus, on Monday said it believes its stake in the Indian edtech startup is now worth nothing …

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From Mediagazer

Peter White / Deadline:
Fox and Hulu extend their content partnership, including in-season streaming rights for Fox's programming; sources: the deal is worth $1.5B over four years

Peter Kafka / Business Insider:
A Q&A with Chris Balfe, CEO of Red Seat Ventures, which has helped Tucker Carlson and Megyn Kelly set up their podcast and streaming businesses and sell ads

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

More News

Andrew Mills / Reuters:
Qatari telecom group Ooredoo: Nvidia agreed to deploy AI tech in Ooredoo datacenters in five Middle Eastern countries, Nvidia's first major launch in the region
Ivan Mehta / TechCrunch:
Meta launches its Meta AI chatbot in India with support for English only, a week after Google's Gemini app on Android debuted with support for 9 local languages
Politico:
Y Combinator and 140 AI startups sign a letter opposing California's AI safety bill, saying the bill could harm California's ability to retain its AI talent

Earlier Picks

Financial Times:
Sources detail growing tensions between Elon Musk and Linda Yaccarino, stemming from her struggle to steady X's financial health a year after being named CEO
Amelia Tait / Wired:
A look at pre-smartphone services like GOOG-411 and AQA, which used to employ humans to answer questions with witty responses and encyclopedic knowledge
Kevin Nguyen / The Verge:
Interviews with several journalists who helped saturate the web with Game of Thrones coverage, leveraging fans' obsessions for traffic via SEO and social media
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