Tech Meme

Wall Street Journal: The European Commission fines Apple €500M and Meta €200M under the DMA and issues cease-and-desist orders to both companies; Apple and Meta say they will appeal  —  Fines come as European officials pursue trade talks with the Trump administration  —  BRUSSELS—The European Union fined Apple … Lees verder op Tech Meme

Rebecca Torrence / Business Insider: Nourish, which offers virtual, insurance-covered nutritional care from 3,000+ dietitians, raised a $70M Series B led by JPM, sources say at a $1B+ valuation  —  – Nourish just raised $70 million in Series B funding led by JP Morgan Growth Equity Partners.  — Nourish connects patients … Lees verder op Tech Meme

Cristina Criddle / Financial Times: Geoffrey Hinton, other AI experts, and 10 former OpenAI staff, write to the CA and DE AGs opposing OpenAI’s for-profit restructure, echoing Elon Musk’s concerns  —  Former employees and figures such as Geoffrey Hinton warn of dangers of allowing start-up to make corporate switch Lees verder op Tech Meme

Carl Franzen / VentureBeat: Nari Labs unveils Dia, a 1.6B parameter text-to-speech model designed to produce naturalistic dialogue directly from text prompts, built with “zero funding”  —  A two-person startup by the name of Nari Labs has introduced Dia, a 1.6 billion parameter text-to-speech (TTS) … Lees verder op Tech Meme

Matthew Goldstein / New York Times: Trump Media partners with Crypto.com and Florida-based Yorkville America Digital to launch ETFs by the end of 2025, as it moves into financial services  —  The agreement will allow the president’s social media company to market investment products, including crypto, to retail investors through a series of exchange-traded funds. Lees verder op Tech Meme

Jon Emont / Wall Street Journal: How Nike and US manufacturer Flex’s plan to automate sneaker production in Guadalajara ran into trouble, with factory robots struggling to handle soft materials  —  Trump sees tariffs as a way to boost U.S. manufacturing, but Nike’s struggle to move production from Asia is a cautionary tale Lees verder op Tech Meme

Wall Street Journal: The EU Commission fines Apple €500M and Meta €200M under the DMA and issues cease-and-desist orders; Apple says it will appeal, and Meta says it likely would  —  Fines come as European officials pursue trade talks with the Trump administration  —  BRUSSELS—The European Union fined Apple … Lees verder op Tech Meme

New York Times: FTC v. Meta: the first two weeks have been like entering a time warp, focusing on long-dead apps like Path, underscoring the FTC’s challenge in bringing a case  —  In the landmark antitrust case, tech executives have harked back to a Silicon Valley age when social apps like Facebook, Path, Orkut and Google Plus boomed. Lees verder op Tech Meme

Chris Miller / Financial Times: Trump’s chip tariffs may lead to even more overseas manufacturing to offset costs, not creating self-sufficiency; the US should focus on China’s chip subsidies  —  A component levy on foreign-made semiconductors would function as a major tax increase on electronics sold in America Lees verder op Tech Meme

Financial Times: Sources: Cantor’s Brandon Lutnick, the son of the US commerce secretary, seeks to form a $3B bitcoin acquisition vehicle with SoftBank, Tether, and Bitfinex  —  Investment vehicle backed by son of commerce secretary comes as US adopts more favourable policy on digital currency Lees verder op Tech Meme