Ivan Mehta / TechCrunch: On Apple’s Q1 earnings call, CFO Luca Maestri said that the EU represents “roughly 7% of our global app store revenue”  —  Nearly a week after Apple announced big changes to the App Store because of the European Union’s Digital Markets Act (DMA) rules, the company … Lees verder op Tech Meme

James Fanelli / Wall Street Journal: Sources: in January, the US DOJ charged three people with a phone-hacking scheme that included the hack of FTX to steal $400M+ at the time of its 2022 collapse  —  The hack coincided with the crypto exchange’s meltdown more than a year ago  —  Federal investigators appear to have cracked … Lees verder op Tech Meme

Subrat Patnaik / Bloomberg: Meta’s stock rises 20%+, adding ~$200B to its market cap, the biggest single-session market value addition, eclipsing Apple’s and Amazon’s $190B gains in 2022  —  – Stock also holds record for the biggest wipeout in history  — Shares surge after big earnings beat, buyback, dividend plans Lees verder op Tech Meme

Gian Volpicelli / Politico: EU countries strike a deal on the AI Act, after announcing pro-innovation measures and an AI Office; the bill awaits formal approval of EU Parliament  —  The bloc’s law to regulate AI overcomes threats of late opposition.  —  Free article usually reserved for subscribers Lees verder op Tech Meme