Prolific fintech VC and QED Investors co-founder Frank Rotman says he will become partner emeritus by the end of 2025 and focus on launching his own startups (Mary Ann Azevedo/TechCrunch)

The European Union has imposed fines on Apple and Meta for violations of the Digital Markets Act, with Apple facing a €500 million (approximately $568 million) penalty and Meta receiving €200 million (about $227 million). The EU's accusations against Apple center on its non-compliance with regulations requiring app developers to inform customers about alternative purchasing options. These actions highlight the EU's commitment to enforcing digital market regulations to promote fair competition and consumer choice within...

The European Commission has fined Apple and Meta under the Digital Markets Act (DMA), expressing dissatisfaction with Apple's handling of alternative app stores, citing high fees and complex installation processes that disincentivize developers. Apple's Core Technology Fee (CTF) imposes charges on developers using third-party app marketplaces, affecting smaller developers, despite some exemptions. Meanwhile, the Commission concluded its investigation into Apple's browser choice screen, confirming compliance with antitrust regulations after changes in iOS 17.4. Full Article

As May the 4th approaches, Casetify launches a new collaboration with Star Wars, offering a range of branded accessories for devices, including a standout Darth Vader AirPods holder that features authentic breathing sound effects. This product resembles a bobblehead and is designed to fit AirPods while allowing the keychain to protrude. The Star Wars collection starts at $32 and includes themed accessories available in bundles, continuing Casetify's trend of unique designs inspired by popular franchises...

Jawed Karim's first YouTube video, filmed at the San Diego Zoo by a friend and posted on April 23, 2005, lacks the high production values typical of many contemporary YouTube videos. The video serves as a simple introduction to Karim's new video streaming site, focusing on an informal and straightforward presentation rather than a polished production. In it, Karim speaks directly to the camera, marking a significant moment in the evolution of online video sharing....

Intel plans to cut over 20% of its workforce this week, marking a significant restructuring under new CEO Lip-Bu Tan, as reported by Bloomberg. This move aims to reduce bureaucracy and restore an engineering-focused culture at the company, which has faced three years of declining sales and lost ground to competitors like Nvidia in AI computing. Tan, who recently took over, has already started divesting non-core assets, including selling a 51% stake in the Altera...

SummaryHenry Blodget, co-founder of Business Insider, shared his experience of creating a "native-AI newsroom" using ChatGPT, which led him to develop an AI executive named Tess Ellery. After seeing Tess's AI-generated headshot, Blodget admitted to feeling an unexpected human-like attraction and questioned if the same social rules applied to AI colleagues. Tess responded positively, emphasizing the importance of human connection in their collaboration, highlighting the blend of AI and human interaction in the workplace. Full...