Wall Street Journal:
Lawmakers, TikTok staff, and others detail how TikTok lost the war in Washington, including due to CEO Shou Zi Chew’s failure to build support on Capitol Hill — Combination of coordinated efforts by its critics and missteps by the company led to the law forcing a sale or ban of the popular app
Elon Musk visits China, a source says to discuss with senior officials the rollout of FSD in the country and permission to transfer data overseas (Reuters)
Reuters:
Elon Musk visits China, a source says to discuss with senior officials the rollout of FSD in the country and permission to transfer data overseas — Tesla (TSLA.O) CEO Elon Musk arrived in Beijing on Sunday on an unannounced visit, where he is expected to meet senior officials to discuss …
Sources: the new iPad Pro may launch with an M4 chip, kicking off Apple’s AI strategy that will be expanded at WWDC; the new Pencil will have haptic feedback (Mark Gurman/Bloomberg)
Mark Gurman / Bloomberg:
Sources: the new iPad Pro may launch with an M4 chip, kicking off Apple’s AI strategy that will be expanded at WWDC; the new Pencil will have haptic feedback — Apple’s top rivals are revamping their strategies for smartphones and headsets in a sign they smell an opportunity.
A profile of Ethan Mollick, a University of Pennsylvania professor whose early embrace of AI made him a go-to expert for policymakers and corporate leaders (Christopher Mims/Wall Street Journal)
Christopher Mims / Wall Street Journal:
A profile of Ethan Mollick, a University of Pennsylvania professor whose early embrace of AI made him a go-to expert for policymakers and corporate leaders — Ethan Mollick at the University of Pennsylvania has become the go-to authority on the new technology
Some founders say TikTok ban won’t impact creator economy startups much, as they have diversified across multiple platforms after Trump tried banning it in 2020 (Amanda Silberling/TechCrunch)
Amanda Silberling / TechCrunch:
Some founders say TikTok ban won’t impact creator economy startups much, as they have diversified across multiple platforms after Trump tried banning it in 2020 — ‘Two years ago, this would have been devastating’ — President Joe Biden signed a bill on Wednesday that could ban TikTok — for real this time.
India’s top five IT services companies, including Infosys and Wipro, collectively saw a decline of 69,167 employees in FY 2024; HCLTech added 1,537 employees (Debangana Ghosh/Moneycontrol)
Debangana Ghosh / Moneycontrol:
India’s top five IT services companies, including Infosys and Wipro, collectively saw a decline of 69,167 employees in FY 2024; HCLTech added 1,537 employees — Four out of the five top IT companies including TCS, Infosys, Wipro and Tech Mahindra lost employees both sequentially in Q4 and full year FY24.
Meta, Alphabet, and Snap beat analysts’ estimates in their Q1 results, showing acceleration in advertising growth after struggling to rebound from a dismal 2022 (Ashley Capoot/CNBC)
Ashley Capoot / CNBC:
Meta, Alphabet, and Snap beat analysts’ estimates in their Q1 results, showing acceleration in advertising growth after struggling to rebound from a dismal 2022 — A view of Google Headquarters in Mountain View, California, United States on March 23, 2024. — Advertising is so back.
TikTok users with stigmatized interests or marginalized identities express anxiety over its potential ban, as rebuilding their communities elsewhere may be hard (Washington Post)
Washington Post:
TikTok users with stigmatized interests or marginalized identities express anxiety over its potential ban, as rebuilding their communities elsewhere may be hard — President Biden signed legislation Wednesday that could ban TikTok, leaving users in the United States who have spent years building …
The IRS says it spent $10.5M to develop and $2.4M to run its free tax filing website, used by 140K+ households in 12 states, and claims high user satisfaction (Julie Zauzmer Weil/Washington Post)
Julie Zauzmer Weil / Washington Post:
The IRS says it spent $10.5M to develop and $2.4M to run its free tax filing website, used by 140K+ households in 12 states, and claims high user satisfaction — In its first year, more than 140,000 households in 12 states did their taxes with Direct File — The Biden administration …
EyeEm, the bankrupt photo sharing network acquired by Freepik last year, will license users’ photos to train AI if the images are not deleted within 30 days (Sarah Perez/TechCrunch)
Sarah Perez / TechCrunch:
EyeEm, the bankrupt photo sharing network acquired by Freepik last year, will license users’ photos to train AI if the images are not deleted within 30 days — EyeEm, the Berlin-based photo-sharing community that exited last year to Spanish company Freepik after going bankrupt, is now licensing its users’ photos to train AI models.
