South Korea is likely to approve an amendment this week that would allow users to bypass Apple’s and Google’s payment systems for in-app purchases on their app stores, allowing users to get around paying commissions, Reuters reported. The New York Times separately reported the irony that Apple and Google are turning to the U.S. government to lobby on their behalf despite scrutiny of the...
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Musk’s Counterproductive Moves
What a time to be a tech business reporter! Even as Sam Bankman-Fried’s fraud trial gets underway, our scoop yesterday about AI startup Anthropic’s rising valuation suggests that the disgraced FTX founder may have scored at least one home run with his Anthropic investment. Yes, that’s right: The fast-evolving story about AI startups has converged with the SBF drama. The big question is how much...
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