Blog

At schools across California, some Chromebook models are about to age out of software updates; 13 models hit their death date this summer and 51 will in 2024 (Elissa Miolene/Mercury News)

Elissa Miolene / Mercury News: At schools across California, some Chromebook models are about to age out of software updates; 13 models hit their death date this summer and 51 will in 2024  —  ‘We expect expiration dates for milk, but not for laptops.’  —  At a lofty warehouse in East Oakland, a dozen students

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GlobalFoundries CEO Thomas Caulfield criticizes Germany’s planned chip subsidies for TSMC, saying the company welcomes competition “on a level playing field” (Guy Chazan/Financial Times)

Guy Chazan / Financial Times: GlobalFoundries CEO Thomas Caulfield criticizes Germany’s planned chip subsidies for TSMC, saying the company welcomes competition “on a level playing field”  —  Chief executive Thomas Caulfield warns that funds from Berlin will distort competition

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FTC Chair Lina Khan defends the agency’s court record, saying “losing two is OK” and acknowledging difficulties in the Microsoft case due to “vertical mergers” (Bloomberg)

Bloomberg: FTC Chair Lina Khan defends the agency’s court record, saying “losing two is OK” and acknowledging difficulties in the Microsoft case due to “vertical mergers”  —  – FTC chair says agency has only two losses out of 13-20 filed  — Agency is appealing court ruling on largest gaming deal ever

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Sam Altman’s fission startup Oklo and life-extension startup Retro, alongside OpenAI and Worldcoin, may reshape society and will draw regulatory scrutiny (Financial Times)

Financial Times: Sam Altman’s fission startup Oklo and life-extension startup Retro, alongside OpenAI and Worldcoin, may reshape society and will draw regulatory scrutiny  —  OpenAI chief says public sector has ‘lack of will’ to lead innovation  —  Sam Altman rolled out a new project to distinguish humans …

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The EU enacts the €43B Chips Act, part of ambitious plans to produce 20% of the world’s chips by 2030, after final approval from ministers (Jillian Deutsch/Bloomberg)

Jillian Deutsch / Bloomberg: The EU enacts the €43B Chips Act, part of ambitious plans to produce 20% of the world’s chips by 2030, after final approval from ministers  —  The European Union’s plan to bolster domestic semiconductor production will become law after ministers completed the final approval on Tuesday.

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Elon Musk says Twitter “made sense when it was just 140 character messages” and the move “is not simply a company renaming itself, but doing the same thing” (Vlad Savov/Bloomberg)

Vlad Savov / Bloomberg: Elon Musk says Twitter “made sense when it was just 140 character messages” and the move “is not simply a company renaming itself, but doing the same thing”  —  – Billionaire to build fintech services atop social platform  — Discarding the Twitter name reflects loftier goals, he says

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Prosus says Indian edtech giant Byju’s “disregarded advice” on “strategic, operational, legal, and corporate governance”, after cutting its valuation to $5.1B (Manish Singh/TechCrunch)

Manish Singh / TechCrunch: Prosus says Indian edtech giant Byju’s “disregarded advice” on “strategic, operational, legal, and corporate governance”, after cutting its valuation to $5.1B  —  Prosus, one of the largest investors in Byju’s, expressed its disappointment in the edtech giant’s reporting …

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Apple opens applications for Apple Vision Pro developer kits, offering developers a “loaner” to build apps alongside specialized hardware and software support (Juli Clover/MacRumors)

Juli Clover / MacRumors: Apple opens applications for Apple Vision Pro developer kits, offering developers a “loaner” to build apps alongside specialized hardware and software support  —  Apple today announced the release of Apple Vision Pro developer kits, with developers able to apply to receive a kit starting today.

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Netflix rolls out a My Netflix tab on iOS, superseding the Downloads tab to offer downloads, watch lists, reminders, and more; Android gets My Netflix in August (Todd Spangler/Variety)

Todd Spangler / Variety: Netflix rolls out a My Netflix tab on iOS, superseding the Downloads tab to offer downloads, watch lists, reminders, and more; Android gets My Netflix in August  —  Netflix has rolled out a new feature designed to — what else? — get you to stream as much as possible on the

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Spotify now has 220 million paying subscribers

Nick Barclay / The Verge Spotify had 220 million Premium subscribers and 551 million monthly active users as of June 30th, the company announced today in its latest earnings report. That represents a 27 and 17 percent increase, respectively, compared to the same period last year and is above its outlook released last quarter. But

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Spotify reports Q2 revenue rose 11% YoY to €3.2B, Premium subscribers grew 17% YoY to 220M, MAUs rose 27% YoY to 551M, and a €112M adjusted operating loss (Ashley Carman/Bloomberg)

Ashley Carman / Bloomberg: Spotify reports Q2 revenue rose 11% YoY to €3.2B, Premium subscribers grew 17% YoY to 220M, MAUs rose 27% YoY to 551M, and a €112M adjusted operating loss  —  Spotify Technology SA, the Swedish audio streaming platform, beat analyst expectations in its second-quarter results …

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Driven by AI demand, TSMC plans to spend nearly $2.9B to build an advanced packaging facility in northern Taiwan and says current capacity is “very tight” (Reuters)

Reuters: Driven by AI demand, TSMC plans to spend nearly $2.9B to build an advanced packaging facility in northern Taiwan and says current capacity is “very tight”  —  Driven by a surge in demand for artificial intelligence, Taiwanese chip maker TSMC (2330.TW) plans to invest nearly T$90 billion …

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A look at government-run internet referral units, starting in 2010 to police content in the UK before spreading globally, as the EU DSA mandates transparency (Paresh Dave/Wired)

Paresh Dave / Wired: A look at government-run internet referral units, starting in 2010 to police content in the UK before spreading globally, as the EU DSA mandates transparency  —  Social apps prioritize content moderation tips from governments and online watchdogs.  A US court ruling and a new EU law …

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