Apple to be fined for breaching EU’s Digital Markets Act, Bloomberg reports
The European Union’s flagship market contestability regulation has been in force on a handful of tech giants for months. Since March, the bloc has had open investigations on several gatekeepers. But it’s Apple that will face the first Digital Markets Act (DMA) fine, Bloomberg reports, citing people familiar with the
Read moreBinance Welcomes New VP of Product at Blockchain Week Kickoff
Jeff Li was named the new Vice President of Product at Binance on the opening day of Binance Blockchain Week. With over 16 years of expertise in software engineering and product leadership for both Web2 and Web3, Li will be in charge of expanding and improving Binance’s product line, further
Read moreApple may update Find My to let you share locations of lost items
Apple could soon let users share the location of lost items via the Find My app with people who are not in their contacts using a link. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreIt’s Election Day, and all the AIs — but one — are acting responsibly
TechCrunch found that X's AI chatbot produced incorrect results about the U.S. presidential election, even as votes were still being cast. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreResearch Grid raises $6.4M to automate clinical trial admin
Amber Hill spent 14 years as a medical researcher. She didn’t mind the work, but there was one thing she consistently hated: administrative tasks. “I think most people do, especially in research,” she told TechCrunch. She would rather be analyzing data or building relationships with patients, she said. “But I
Read moreElon Musk is being sued over his $1 million giveaway to voters — again
Image: Kristen Radtke / The Verge; Getty Images Arizona resident Jacqueline McAferty is suing Elon Musk and his pro-Trump America PAC in a Texas federal court, alleging that the PAC’s $1 million-a-day lottery to registered voters in swing states was fraud. The proposed class-action lawsuit was filed a day after
Read moreApple warns investors its new products might never be as profitable as the iPhone
Apple is warning investors that its new and future products might never be as profitable as the iPhone. The disclosure comes as the company is pursuing newer technologies like artificial intelligence and mixed-reality headsets. Apple added the warning in its latest annual report under the “business risks” section, as first
Read moreNvidia just became the world’s largest company amid AI boom
Nvidia on Tuesday exceeded Apple’s market capitalization to become the world’s largest company, on the strength of a global AI push. As Bloomberg notes, the chipmaker has experienced an astronomical 850% growth since the tail end of 2022. Nvidia was valued at $3.43 trillion at the close of market, topping
Read moreCanoo’s CFO and top lawyer are the latest executives to leave
EV startup Canoo has lost its chief financial officer and its head lawyer, the latest in a string of executive departures as the company continues to struggle to find mass adoption of its electric work vans. CFO Greg Ethridge and general counsel Hector Ruiz both resigned from Canoo on October
Read moreX reinstates SwapYourVote’s account after suspending it as spam
In the final days leading up to the U.S. presidential election, Elon Musk’s X suspended the official account of a progressive-donor-backed ballot initiative called SwapYourVote. The volunteer-run website tries to get third-party voters in swing states to cast their ballots for Kamala Harris, matching them with Democrats in solidly blue
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