Apple Fined $2 Billion as Europe Sides With Spotify

Music streaming service Spotify has long complained that Apple’s App Store rules put unfair restrictions on its business. Today the European Commission agreed, fining Apple $2 billion.

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Multiverse raises $27M for quantum software targeting LLM leviathans

We’re still years away from seeing physical quantum computers break into the market with any scale and reliability, but don’t give up on deep tech. The market for high-level quantum computer science — which applies quantum principles to manage complex computations in areas like finance and artificial intelligence — appears to be quickening its pace. […]
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Whistleblower Software rebrands, expands into compliance with $16M

Danish startup Whistleblower Software is rebranding as Formalize as it expands into the broader compliance software sphere — and it has raised a fresh €15 million ($16 million) to fund the expansion. The announcement comes as the compliance software market has exploded, due in large part to growing regulatory pressure — and investors have taken […]
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Catalog is building the B2B commerce platform for small companies

When you think about commerce platforms, chances are the first names that come to mind are big names like Adobe Commerce or Salesforce Commerce Cloud. Large companies processing millions of orders already have a technological solution to manage their operations. But small companies that are handling $5 million or $20 million in sales volume per […]
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Singapore’s Sea Limited posts first profitable year amid efforts to defend market share against Lazada, TikTok

Net income in 2023 was $162.7 million, as compared to a net loss of $1.7 billion in 2022.

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N Korea hacked S Korea chip firms, Seoul says

South Korea’s spy agency says Pyongyang is trying to produce its own semiconductors for weapons.

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Indian firms begrudgingly comply with Google Play rules while seeking regulatory intervention

Indian firms whose apps were delisted by Google last week have begrudgingly started to comply with Play Store billing rules to get their apps back on the store. Apps like Shaadi, Matrimony.com, and Bharat Matrimony were restored after being removed from the Play Store Friday. Other apps to return include Info Edge’s Naukri and 99acres, […]
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Over 600 Google Workers Urge the Company to Cut Ties With Israeli Tech Conference

WIRED reviewed a letter showing hundreds of Google workers demanding the company drop its sponsorship of MindTheTech, a conference in New York this week that promotes Israeli tech companies.

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Google co-founder Sergey Brin says in rare public appearance that company ‘definitely messed up’ Gemini image launch

Google’s Sergey Brin spoke to a roomful of entrepreneurs over the weekend at the “AGI House” in Hillsborough, California.

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Elon Musk switched on X calling by default: Here’s how to switch it off

In his quest to turn a simple and functioning Twitter app into X, the everything app that doesn’t do anything very well, Elon Musk launched audio and video calling on X last week — and this new feature is switched on by default, it leaks your IP address to anyone you talk with, and it’s […]
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