tech

Rani Molla6/24/24

EU could fine Apple nearly $40B for obstructing purchases outside the App Store

The EU has charged Apple with violating the Digital Markets Act, regulations which require the iPhone maker to allow app creators the option to direct users outside the company’s App Store to make purchases.

That makes Apple the first company charged with violating those rules, and fines levied by regulators could cost the company 10 percent of its annual global revenue, which would amount to around $38 billion dollars based on 2023 numbers.

EU authorities allege that Apple isn’t allowing app makers to provide pricing information within its apps or to freely communicate about offers outside the App Store. Apple said the changes it’s made to its App Store comply with the law. Apple has a chance to respond to the findings before a final ruling in March 2025.

Apple is first company charged with violating EU’s DMA rules

Apple is first company charged with violating EU’s DMA rules

EU authorities allege that Apple isn’t allowing app makers to provide pricing information within its apps or to freely communicate about offers outside the App Store. Apple said the changes it’s made to its App Store comply with the law. Apple has a chance to respond to the findings before a final ruling in March 2025.

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Two’s a crowd

Lucid announces Cybercab competitor and self-driving tech subscription in a bid to take on Tesla

Lucid’s vehicle has two seats and no steering wheel... a lot like another vehicle we’ve been hearing a lot about lately.

Lucid’s Lunar

tech

Matt Phillips12h

Palantir announces slew of defense- and security-themed partnerships

Defense, intelligence, and AI software company Palantir Technologies announced a series of security-themed partnerships Thursday, ahead of its annual conference promoting its artificial intelligence software platform (AIP).

Shares were recently up 1.7%, stretching the stock’s gains over the past month to 19%.

The deals include partnerships with uranium enrichment company Centrus Energy, jet engine maker GE Aerospace, unmanned aerial vehicle maker Ondas, and privately held World View, which sells intelligence and surveillance balloons that operate in the upper atmosphere.

Separately, it also announced a new “sovereign AI OS reference architecture,” a collaboration Palantir says “delivers customers a turnkey AI data center from hardware procurement to application deployment.”

Reference architectures are effectively blueprints that tell organizations how to set up and use AI hardware and software systems.

Known as the Palantir OS Reference Architecture, it’s based on similar AI blueprints Nvidia already sells, and it will enable customers to use Palantir’s entire product set, including the AIP and Foundry, its data organization and management product.

Palantir Unveils Nvidia Software Pact, Defense Partnerships At AI Conference

Palantir Unveils Nvidia Software Pact, Defense Partnerships At AI Conference

The deals include partnerships with uranium enrichment company Centrus Energy, jet engine maker GE Aerospace, unmanned aerial vehicle maker Ondas, and privately held World View, which sells intelligence and surveillance balloons that operate in the upper atmosphere.

Separately, it also announced a new “sovereign AI OS reference architecture,” a collaboration Palantir says “delivers customers a turnkey AI data center from hardware procurement to application deployment.”

Reference architectures are effectively blueprints that tell organizations how to set up and use AI hardware and software systems.

Known as the Palantir OS Reference Architecture, it’s based on similar AI blueprints Nvidia already sells, and it will enable customers to use Palantir’s entire product set, including the AIP and Foundry, its data organization and management product.

tech

Tesla’s China sales jump as EV market slumps

Tesla’s China sales grew 43% to 38,206 vehicles in February, compared a low baseline a year earlier.

Still, thanks to strong sales of its Model Y, Tesla defied countrywide trends — overall China EV sales fell 35% last month.

As a result, Tesla’s market share in China, its second-biggest market, grew to nearly 14% — its highest level in nearly two years.

Tesla's China sales rebound in Feb as market share hits nearly 2-year high

Tesla's China sales rebound in Feb as market share hits nearly 2-year high

Uber, which exited self-driving in 2020, is now at the center of the robotaxi era

Uber, which plans to launch a robotaxi service with Wayve and Nissan in Tokyo this year, has deals with every major AV player.

Uber Nissan Wayve Tokyo partnership

US Lifts Restrictions on Chinese Chip EDA

Chris Stokel-Walker18h

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