Apple introduces a new API to support more in-app purchase formats

Apple announced on Thursday a new API called the Advanced Commerce API to support more in-app purchase formats, such as subscriptions and content add-ons. The company added that it is not changing the commission structure to support these use cases. “The App Store facilitates billions of transactions annually to help developers grow their businesses and provide a world-class […]
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US indicts five individuals in crackdown on North Korea’s illicit IT workforce

The multi-year scheme saw the defendants generate hundreds of thousands in revenue.
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Trump is searching for potential TikTok buyers — who are the likely contenders?

After stepping in to restore TikTok in the U.S. and delaying a law that would effectively ban the app, Trump is looking for avenues to keep the popular platform afloat. 

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Tata acquires 60% stake in Apple partner Pegatron’s India unit

Tata Electronics has acquired a 60% controlling stake in the Indian arm of Apple assembly partner, Pegatron, as the conglomerate expands its iPhone manufacturing capacity in the country. Taiwan-based Pegatron operates an iPhone production plant near Chennai in India’s sourthern state of Tamil Nadu. The deal comes less than a year after Tata Electronics acquired […]
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Madrona just announced its biggest fund ever, closing on $770M as other venture funds grow smaller

Seattle-based Madrona Capital is celebrating its 30 years in business by raising $770 million in fresh capital. This is the firm’s largest fundraise to date, exceeding $690 million across two funds Madrona closed in 2022.  While an 11% capital pool upsize may not seem significant, any increase at a time when many venture outfits are […]
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Tesla starts sales of revamped Model Y in U.S. for about $60,000

Tesla will start deliveries of the Model Y Juniper in the U.S. in March.

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Instagram and Facebook Blocked and Hid Abortion Pill Providers’ Posts

Some posts related to obtaining abortion pills were recently hidden on Instagram and Facebook and some accounts were suspended, before being later restored.

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Trump Issues Executive Order to Boost Cryptocurrency Industry

The order signaled that the president intends to promote an industry that faced scrutiny during the Biden administration — and that he has a personal stake in.

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Reliance plans world’s biggest AI data centre in India, report says

Mukesh Ambani’s Reliance is planning to build what could become the world’s largest data center in Jamnagar, India, with a capacity of three gigawatts to capitalize on surging AI demand. The facility would dwarf the current largest data center, Microsoft’s 600-megawatt site in Virginia, Bloomberg reported Friday. The project could cost between $20 billion to […]
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Tesla’s redesigned Model Y is coming to North America in March for $60,000

Tesla has announced that its redesigned Model Y SUV is coming to the U.S., Canada, and Mexico in March, with a starting price just shy of $60,000. The news comes just two weeks after Tesla first revealed the new-look Model Y and said it was coming to China and other Asian markets, also in March. […]
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