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Top stories today: - EU: preliminary view that App Store rules violate DMA rules
- Meta, Anthropic, Perplexity in talks with Apple over AI integration
- VR, AR, metaverse startup funding at $0.46B YTD
- Startup closures on Carta hit record high in Q1
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0. Data and calendar |
 | All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT). |
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 | All times are ET. |
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1. EU: preliminary view that App Store rules violate Digital Markets Act (DMA) |
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Apple prevents "app developers from freely steering consumers to alternative channels for offers and content," says the EU. Alternative app stores should be free, the EU suggests. Mar. 25: deadline for the EU to make a final decision. $38B fine is possible (10% of global revenue).
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2. Meta, Anthropic, Perplexity in talks with Apple over AI integration |
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4. VR, AR, metaverse startup funding at $0.46B YTD, likely to close year lower than prior years |
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Rokid's $70M round: largest so far in 2024. Vision Pro traction has been lackluster, likely contributing to this trend.
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5. Startup closures on Carta hit record high in Q1, led by 2021-2022 fundraising peak |
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Closures are increasing across all stages |
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6. Interesting videos, posts, and memes |
 | Ep11. Coatue Conference Recap, Tesla & ISS Controversy | BG2 with Bill Gurley & Brad Gerstner |
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7. Other headlines |
AI |
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Tech |
Apple Vision (non-Pro) could launch as early as 2025. Linda Yaccarino fires right-hand man Joe Benarroch. X making live streaming premium feature.
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Tech & law |
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Biotech |
Marea launches with $190M for cardiovascular diseases (in Phase 2). Tectonic merges with AVROBIO, raises $131M. Is 70 the new 60? Reason comments.
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Crypto |
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U.S. politics |
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World |
Netanyahu: intense fighting against Hamas ending, focus on Hezbollah. U.S. tells Israel it would fully support it in potential war with Hezbollah. EU likely to sidestep Hungary to grant Ukraine $50B. Dagestan terrorists kill 16+ police officers, Synagogue, churchgoers. Taiwan wants more drones, but those are mostly made in China.
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