A look at the history of and challenges facing Meta's Oversight Board as it works on its second act: a body to help social media platforms comply with EU's DSA — Once hailed as a model for internet governance, Meta's Oversight Board has been criticized as slow-moving and increasingly irrelevant.
Kuo: Apple plans to mass produce new AirPods with camera modules by 2026, which will include an IR camera similar to the iPhone Face ID receiver — According to a new report from analyst Ming-Chi Kuo, Apple is targeting to begin mass production of new “AirPods with camera modules” by 2026.
Sources: Apple is actively working to bring the AI features to Vision Pro, rejiggers Vision Pro's retail demos, and starts developing 2025's operating systems — Apple's strategy to make its devices last longer will mean AI and software are even more important to its business.
Kaiko: the proportion of Bitcoin traded over weekends has fallen to 16% in 2024 so far, down from 28% in 2019, a trend likely accelerated by Bitcoin ETFs launch — - Weekend trading drops to 16% of total volume, Kaiko says — ETFs, dwindling volatility lessen appeal, researcher says
The US finalizes rules requiring custodial crypto platforms to report user transaction info to the IRS; DeFi platforms are exempt amid fierce crypto lobbying — Treasury finalizes rules to deter crypto tax evasion—but softens them after industry lobbying push
How some doctors are using the Apple Watch to diagnose and help their patients manage medical conditions, despite the availability of FDA-approved devices — Some doctors are telling patients to get the watch to manage their conditions. Researchers study how it could be used for heart disease …
Filings and DOJ officials describe how a gang threatened, assaulted, and tortured 11 victims in likely the worst crypto-focused serial extortion case in the US — More than a dozen men threatened, assaulted, tortured, or kidnapped 11 victims in likely the worst-ever crypto-focused serial extortion case of its kind in the US.
Baidu unveils an upgraded version of its AI model, Ernie 4.0 Turbo, and says Ernie has reached 300M users since its launch — Chinese search engine giant Baidu(9888.HK) on Friday unveiled an upgraded version of its artificial intelligence (AI) model, Ernie 4. Turbo, as it seeks to maintain …
Surface Pro Copilot+ review: the best Microsoft tablet yet, with a versatile Flex keyboard and decent AI features, but has noticeable heat and fan noise issues — Microsoft finally solved the Windows on Arm dilemma. — It's taken 12 years, but Microsoft has finally made an Arm-powered Surface tablet …
Apple launches the Vision Pro in mainland China, Hong Kong, Japan, and Singapore, the first time the device has been officially available outside of the US — Apple's Vision Pro spatial computing headset today arrived at Apple Store locations across China mainland, Hong Kong, Japan, and Singapore.
Margrethe Vestager says Apple's decision not to launch its AI features in the EU is a “stunning, open declaration” of its anticompetitive behavior — Apple's decision not to launch its own artificial intelligence (AI) features in the EU is a “stunning declaration” …
SoftBank announces AI healthcare joint venture SB TEMPUS with Tempus AI, which recently listed on Nasdaq; Softbank invested ~$200M in Tempus' Series G in April — Japanese technology investor SoftBank Group (9984.T) has launched a joint venture with Tempus AI (TEM.O) that aims …
Naver-owned online comics platform Webtoon raised $315M in its Nasdaq IPO at $21 per share, the top of its $18-$21 marketed range, valuing the company at $2.7B — Online comics platform prices IPO at top of range for $2.7bn valuation — Webtoon Entertainment, an online comics platform …
Advantest CEO Douglas Lefever, whose company has a 54% share of the chip testing equipment market, says China will remain an important market despite US curbs — - AI needs complex, costly chipmaking that involves more tests — Advantest focused on delivering solutions to China, CEO Says
BCG, McKinsey, KPMG, and other consultants see rising demand for AI advisory services; BCG earns 20% of its revenue from AI-related work vs. 0% two years ago — Rattled by tech's latest trend, businesses have turned to advisers at Boston Consulting Group, McKinsey and KPMG for guidance on adopting generative artificial intelligence.
Sources: Meituan considers raising $1B+ via a bond offering this year as the food delivery and shopping platform seeks to repay some debt and fund its expansion — - Chinese online retailer is working with banks on a bond sale — Proceeds to be used to repay some debt, fund overseas growth
In preliminary findings, the EU charges Microsoft with antitrust violations over concerns that it gave Teams an “undue advantage” by bundling it with Office — Allegations that software giant is ‘tying’ its video app to Office are the first such case against it in more than a decade
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 …
Sources: Shein confidentially filed with UK's markets regulator in early June for a potential London IPO; it was valued at $66B in a 2023 fundraising round — Shein has confidentially filed papers with Britain's markets regulator in early June for a potential London listing, two sources said …
An interview with Open Source Initiative executive director Stefano Maffulli on what makes an AI open source, creating the Open Source AI Definition, and more — Meet the guy working to find “the definition” — The struggle between open source and proprietary software is well understood.
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 — THE BUZZ: FIRST IN PLAYBOOK: One of Silicon Valley's heaviest hitters is wading into the fight over California's AI regulations.
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.
Sources: Meta has held discussions with Apple to integrate its AI model into Apple Intelligence; Anthropic and Perplexity also discussed integrations with Apple — The longtime rivals have held talks about potentially integrating Meta's generative AI model into Apple Intelligence
Qualcomm makes its AI models, which are optimized for 45 TOPS Hexagon NPU, available to developers for building AI-enabled apps for Snapdragon X Elite devices — Another way to promote AI PCs. — When Qualcomm formally introduced its Snapdragon X Elite platforms at Computex earlier this month …
How the Internet Archive plans to defend its digital lending practices as it appeals a US court's 2023 ruling; IA says it was forced to remove over 500K books — Internet Archive fans beg publishers to stop emptying the open library. — As a result of book publishers successfully suing …
Bloomberg : Google says it plans to counter Japan's FTC over claims that it hobbles rivals in search; a source says Japan's FTC s...
