News

Mark Gurman / Bloomberg: Sources: Apple is winding down an in-house effort to create microLED displays and is eliminating several dozen display engineering roles in the US and Asia  —  – Project would have been its first push into homegrown… Read More »Sources: Apple is winding down an in-house effort to create microLED displays and is eliminating several dozen display engineering roles in the US and Asia (Mark Gurman/Bloomberg)

David McCabe / New York Times: A profile of DOJ’s Jonathan Kanter, as he takes the biggest swing in his decades-long effort to fight the concentration of power in corporate America  —  Jonathan Kanter, the head of the Justice Department’s… Read More »A profile of DOJ’s Jonathan Kanter, as he takes the biggest swing in his decades-long effort to fight the concentration of power in corporate America (David McCabe/New York Times)

Bloomberg: Sources: OpenAI is meeting with Hollywood studios, media executives, and others to form partnerships to encourage filmmakers to integrate Sora into their work  —  – Startup pitching its new AI video generation tool, Sora  — CEO Altman attended LA… Read More »Sources: OpenAI is meeting with Hollywood studios, media executives, and others to form partnerships to encourage filmmakers to integrate Sora into their work (Bloomberg)

Ben Schoon / 9to5Google: Google plans to remove the ability to download third-party apps and watch faces for all Fitbit smartwatches in the EU in June, citing “regulatory requirements”  —  Google has announced that, in a few months, third-party apps… Read More »Google plans to remove the ability to download third-party apps and watch faces for all Fitbit smartwatches in the EU in June, citing “regulatory requirements” (Ben Schoon/9to5Google)

Manish Singh / TechCrunch: Some analysts say the DOJ lawsuit may favor Apple, as a judge already ruled that Apple doesn’t violate antitrust laws when Epic made similar claims in court  —  The U.S. Department of Justice filed a lawsuit… Read More »Some analysts say the DOJ lawsuit may favor Apple, as a judge already ruled that Apple doesn’t violate antitrust laws when Epic made similar claims in court (Manish Singh/TechCrunch)

Dan Primack / Axios: Trump’s Truth Social is going public via SPAC after DWAC shareholders approve the merger; TMTG will be listed on Nasdaq as early as next week  —  – As Axios reported earlier today, this ends a multiyear… Read More »Trump’s Truth Social is going public via SPAC after DWAC shareholders approve the merger; TMTG will be listed on Nasdaq as early as next week (Dan Primack/Axios)

Reuters: China relaxes security review rules for some data exports, exempting data used in activities such as international trade from declaration  —  China’s cyberspace regulator on Friday issued rules to facilitate and regulate cross-border data flow, clarifying the reporting standards… Read More »China relaxes security review rules for some data exports, exempting data used in activities such as international trade from declaration (Reuters)

Ivan Mehta / TechCrunch: In its lawsuit, the US DOJ says Apple deploys “privacy and security justifications as an elastic shield that can stretch or contract” to serve its interests  —  The U.S. Department of Justice sued Apple Thursday over… Read More »In its lawsuit, the US DOJ says Apple deploys “privacy and security justifications as an elastic shield that can stretch or contract” to serve its interests (Ivan Mehta/TechCrunch)

Raffaele Huang / Wall Street Journal: Sources: Apple held preliminary talks with Baidu to use the latter’s artificial intelligence technology in Apple devices in China  —  iPhone maker may need a partner in the country to navigate regulatory hurdles  — … Read More »Sources: Apple held preliminary talks with Baidu to use the latter’s artificial intelligence technology in Apple devices in China (Raffaele Huang/Wall Street Journal)

Alex Konrad / Forbes: Sources: YC plans to raise at least $2B across three new funds that include exposure to its next four startup batches and follow-on investments as they grow  —  The storied startup accelerator is targeting at least… Read More »Sources: YC plans to raise at least $2B across three new funds that include exposure to its next four startup batches and follow-on investments as they grow (Alex Konrad/Forbes)