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Uber and Lyft plan to leave Minneapolis on May 1, after the city council passed an ordinance to guarantee drivers a minimum rate of $1.40/mile and $0.5/minute (Emma Roth/The Verge)

    Emma Roth / The Verge: Uber and Lyft plan to leave Minneapolis on May 1, after the city council passed an ordinance to guarantee drivers a minimum rate of $1.40/mile and $0.5/minute  —  Uber and Lyft are pulling their services… Read More »Uber and Lyft plan to leave Minneapolis on May 1, after the city council passed an ordinance to guarantee drivers a minimum rate of $1.40/mile and $0.5/minute (Emma Roth/The Verge)

    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” (Maxwell Zeff/Gizmodo)

      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… Read More »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” (Maxwell Zeff/Gizmodo)

      Walmart starts selling Macs directly for the first time, partnering with Apple to offer M1 MacBook Air for $699; Apple stopped selling M1 MacBook Air itself (Chance Miller/9to5Mac)

        Chance Miller / 9to5Mac: Walmart starts selling Macs directly for the first time, partnering with Apple to offer M1 MacBook Air for $699; Apple stopped selling M1 MacBook Air itself  —  Walmart is teaming up with Apple to sell the… Read More »Walmart starts selling Macs directly for the first time, partnering with Apple to offer M1 MacBook Air for $699; Apple stopped selling M1 MacBook Air itself (Chance Miller/9to5Mac)

        Sources: Binance tightened the listing process for new tokens, including extending partial coin supply lockups from up to six months to at least a year (Bloomberg)

          Bloomberg: Sources: Binance tightened the listing process for new tokens, including extending partial coin supply lockups from up to six months to at least a year  —  – Crypto exchange extends “cliff period” to at least one year  — One… Read More »Sources: Binance tightened the listing process for new tokens, including extending partial coin supply lockups from up to six months to at least a year (Bloomberg)

          Sources: TikTok’s US revenue hit a record $16B in 2023; ByteDance revenue grew 40% YoY to $120B in 2023, with a net profit of $28B (Financial Times)

            Financial Times: Sources: TikTok’s US revenue hit a record $16B in 2023; ByteDance revenue grew 40% YoY to $120B in 2023, with a net profit of $28B  —  Parent company ByteDance on track to become world’s biggest social media group… Read More »Sources: TikTok’s US revenue hit a record $16B in 2023; ByteDance revenue grew 40% YoY to $120B in 2023, with a net profit of $28B (Financial Times)

            Sources: X declined requests by UK’s Labour party to take down a deepfake audio clip of leader Keir Starmer, raising concerns ahead of a general election (Ailbhe Rea/Bloomberg)

              Ailbhe Rea / Bloomberg: Sources: X declined requests by UK’s Labour party to take down a deepfake audio clip of leader Keir Starmer, raising concerns ahead of a general election  —  – Firm rebuffed Labour’s request to take down clip,… Read More »Sources: X declined requests by UK’s Labour party to take down a deepfake audio clip of leader Keir Starmer, raising concerns ahead of a general election (Ailbhe Rea/Bloomberg)

              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 (Jonathan Stempel/Reuters)

                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… Read More »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 (Jonathan Stempel/Reuters)

                The Competition Commission of India orders an antitrust probe into Google for charging Play Store app developers an “excessive and unfair” fee of 10% to 30% (Manish Singh/TechCrunch)

                  Manish Singh / TechCrunch: The Competition Commission of India orders an antitrust probe into Google for charging Play Store app developers an “excessive and unfair” fee of 10% to 30%  —  India’s antitrust regulator has ordered an investigation into Alphabet’s… Read More »The Competition Commission of India orders an antitrust probe into Google for charging Play Store app developers an “excessive and unfair” fee of 10% to 30% (Manish Singh/TechCrunch)

                  In an open letter to Nick Clegg, 36 MEPs urge Meta to scrap the “pay or okay” choice given to EU users and “align your business with the principles of the GDPR” (Natasha Lomas/TechCrunch)

                    Natasha Lomas / TechCrunch: In an open letter to Nick Clegg, 36 MEPs urge Meta to scrap the “pay or okay” choice given to EU users and “align your business with the principles of the GDPR”  —  Meta is facing… Read More »In an open letter to Nick Clegg, 36 MEPs urge Meta to scrap the “pay or okay” choice given to EU users and “align your business with the principles of the GDPR” (Natasha Lomas/TechCrunch)

                    Vodafone sells its Italian business to Switzerland’s Swisscom for €8B in cash and plans a €4B stock buyback; Swisscom will merge Vodafone Italia with Fastweb (Daniele Lepido/Bloomberg)

                      Daniele Lepido / Bloomberg: Vodafone sells its Italian business to Switzerland’s Swisscom for €8B in cash and plans a €4B stock buyback; Swisscom will merge Vodafone Italia with Fastweb  —  – Vodafone also announced plans for a €4 billion share… Read More »Vodafone sells its Italian business to Switzerland’s Swisscom for €8B in cash and plans a €4B stock buyback; Swisscom will merge Vodafone Italia with Fastweb (Daniele Lepido/Bloomberg)

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