The U.S. cryptocurrency exchange Coinbase is suing the Securities and Exchange Commission, seeking to force the commission to respond to a petition (PDF) requesting them to draft and approve a rule specific to digital assets. "The lawsuit aims to force the agency to provide a yes or no to Coinbase's ask," adds The Block. From the report: Since that request by Coinbase, the SEC has reopened custody and exchange rules to explicitly say that they apply to digital assets, but has not engaged in drafting a rule specific to digital assets. The agency has also engaged in several enforcement actions against crypto companies, including an investigation into Coinbase.

"From the SEC's public statements and enforcement activity in the crypto industry, it seems like the SEC has already made up its mind to deny our petition. But they haven't told the public yet. So the action Coinbase filed today simply asks the court to ask the SEC to share its decision," the company's chief legal officer Paul Grewal wrote in a blog post about the filing. The suit filed by Coinbase is a writ of mandamus, a type of lawsuit for "exceptional circumstances" in which a court can force federal officials to act. If the SEC declines to make a new rule, Coinbase can file another lawsuit in an attempt to make a federal court force them to do so.

Coinbase has been granted a license by the Bermuda Monetary Authority, allowing the US crypto exchange to operate as a digital asset business there. The exchange is also in the process of obtaining a license in Abu Dhabi. Reuters reports: Coinbase CEO Brian Armstrong said on Tuesday that crypto firms will develop in "offshore" havens unless the U.S. and UK create "clarity about regulation" for crypto. Coinbase is planning to launch a crypto derivatives exchange in Bermuda as soon as next week, Fortune reported on Wednesday, citing a person close to the company.

U.S. SEC Chair Gary Gensler told lawmakers on Tuesday that he had "never seen a field that's so non-complying with laws." Crypto firms say they need clarity about regulations, but Gensler has said that crypto markets "suffer from a lack of regulatory compliance, not a lack of regulatory clarity."

An anonymous reader quotes a report from Ars Technica: On Wednesday, Stability AI released a new family of open source AI language models called StableLM. Stability hopes to repeat the catalyzing effects of its Stable Diffusion open source image synthesis model, launched in 2022. With refinement, StableLM could be used to build an open source alternative to ChatGPT. StableLM is currently available in alpha form on GitHub in 3 billion and 7 billion parameter model sizes, with 15 billion and 65 billion parameter models to follow, according to Stability. The company is releasing the models under the Creative Commons BY-SA-4.0 license, which requires that adaptations must credit the original creator and share the same license.

Stability AI Ltd. is a London-based firm that has positioned itself as an open source rival to OpenAI, which, despite its "open" name, rarely releases open source models and keeps its neural network weights -- the mass of numbers that defines the core functionality of an AI model -- proprietary. "Language models will form the backbone of our digital economy, and we want everyone to have a voice in their design," writes Stability in an introductory blog post. "Models like StableLM demonstrate our commitment to AI technology that is transparent, accessible, and supportive." Like GPT-4 -- the large language model (LLM) that powers the most powerful version of ChatGPT -- StableLM generates text by predicting the next token (word fragment) in a sequence. That sequence starts with information provided by a human in the form of a "prompt." As a result, StableLM can compose human-like text and write programs.

Like other recent "small" LLMs like Meta's LLaMA, Stanford Alpaca, Cerebras-GPT, and Dolly 2.0, StableLM purports to achieve similar performance to OpenAI's benchmark GPT-3 model while using far fewer parameters -- 7 billion for StableLM verses 175 billion for GPT-3. Parameters are variables that a language model uses to learn from training data. Having fewer parameters makes a language model smaller and more efficient, which can make it easier to run on local devices like smartphones and laptops. However, achieving high performance with fewer parameters requires careful engineering, which is a significant challenge in the field of AI. According to Stability AI, StableLM has been trained on "a new experimental data set" based on an open source data set called The Pile, but three times larger. Stability claims that the "richness" of this data set, the details of which it promises to release later, accounts for the "surprisingly high performance" of the model at smaller parameter sizes at conversational and coding tasks. According to Ars' "informal experiments," they found StableLM's 7B model "to perform better (in terms of outputs you would expect given the prompt) than Meta's raw 7B parameter LLaMA model, but not at the level of GPT-3." They added: "Larger-parameter versions of StableLM may prove more flexible and capable."

Public sector workers in an eastern Chinese city are set to be paid fully in digital yuan, as the country makes a significant push to popularize the currency. From a report: Changshu, located in the province of Jiangsu, will start the new payment process in May, according to an official document widely posted on government websites. This is the biggest rollout of the currency, also known as the e-CNY, in China so far, according to state media. Government employees as well as staff at state-owned companies and public institutions such as schools, hospitals, libraries, research institutes and media organizations in the city will be affected. Changshu, a city of 1.7 million residents, was already experimenting with the digital yuan, a form of money that exists only online and is managed and backed by China's central bank. Like cryptocurrency, the digital yuan incorporates some elements of blockchain technology: Every transaction is recorded and traceable in a digital ledger. Since last October, Changshu has been paying the transit subsidies for some government employees in digital yuan. China is already on the verge of becoming a cashless society, but the vast majority of electronic transactions happen on privately owned apps (Alipay and WeChat Pay), outside of the immediate purview of the state.

In the U.S., at least three early candidates for president from both parties "want to make it clear they would not support any proposals for a central bank-backed digital US dollar," reports Bloomberg — which may be a little premature, because "A central bank digital currency, or CBDC, is far from reality in the U.S." Some officials at the Federal Reserve have expressed doubt over the need for one, especially for use by everyday Americans. The Fed has also said it would want approval from Congress before moving forward with a digital dollar. But that hasn't stopped the relatively niche issue from emerging as a flash point for individuals eyeing a presidential run.

The idea of a digital dollar has already faced backlash from Wall Street and other banks, because lenders are worried about it acting as a direct competitor to private bank deposits. Digital-asset companies like Circle Internet Financial LLC that issue stablecoins — a form of cryptocurrency traditionally tied to reserve assets like the US dollar or gold and that offers similar features to a retail digital dollar — have also pushed back against certain CBDCs. Circle's Head of Global Policy Dante Disparte said he'd be opposed to a digital dollar if it allows the Fed to control users' access to funds, compromises privacy or disrupts a two-tiered banking and payments system. "I've gone as far as saying that's the version that is un-American," he said in an interview. In a report published last year in response to a Federal Reserve discussion paper, Circle also warned that a digital dollar could "destabilize" the banking sector.

In Congress, Republicans on Capitol Hill have introduced legislation to ban such direct-to-consumer CBDCs, saying they could be used by the federal government to surveil US citizens.

Proponents of a CBDC have argued that it could offer real benefits, including making payments — especially cross-border payments — faster and ensuring the dollar's dominance in the global economy. It could be particularly useful for settling certain financial-market transactions, such as interbank transfers, some Fed officials have said. The government has also indicated it would prefer to have private-sector intermediaries offer accounts and facilitate CBDC payments, rather than taking on that role itself. Supporters have argued it can be tailored in a way to protect consumer privacy, which the Fed has also said is critical if it decides to move forward.
Bloomberg also summarized the analysis of one political consultant specializing in cryptocurrency. "In addition to the potential appeal to libertarian voters and to constituents in banking and crypto, pushing back against a U.S. digital dollar can provide a relatively safe avenue for candidates to attract votes from conspiracy theorists who have rallied around the anti-CBDC movement."

Cory Doctorow just wrote a new thriller "about cryptocurrency shenanigans that will awaken you to how the world really works," according to his publisher. Doctorow calls Red Team Blues "a book about the financial rot at the center of Silicon Valley... a kind of anti-finance finance thriller."

The publisher describes the book's hero as "a self-employed forensic accountant, a veteran of the long guerilla war between people who want to hide money, and people who want to find it. " He knows computer hardware and software alike, including the ins and outs of high-end databases and the kinds of spreadsheets that are designed to conceal rather than reveal. He's as comfortable with social media as people a quarter his age, and he's a world-level expert on the kind of international money-laundering and shell-company chicanery used by Fortune 500 companies, mid-divorce billionaires, and international drug gangs alike.

He also knows the Valley like the back of his hand, all the secret histories of charismatic company founders and Sand Hill Road VCs. Because he was there at all the beginnings. He's not famous, except to the people who matter. He's made some pretty powerful people happy in his time, and he's been paid pretty well. It's been a good life.

Now he's been roped into a job that's more dangerous than anything he's ever agreed to before — and it will take every ounce of his skill to get out alive.
"I write when I'm anxious, and right now these are anxious times," Doctorow explained last month in Publisher's Weekly, describing what he'd learned about selling audiobooks without going through Amazon's service Audible. This time Cory got 4,080 backers to pledge $152,735 to fund an audiobook for Red Team Blues read by Wil Wheaton that his Kickstarter campaign stressed would be DRM-free. ("Every audiobook sold on Audible be wrapped in Amazon's Digital Rights Management technology, which is a felony for you to remove, even if the copyright holder asks you to. It's punishable by a five-year prison sentence and a $500,000 fine!")

Red Team Blues is the first book in a new trilogy, and Cory is now making in-person appearances to promote the book — starting today (and tomorrow) at the LA Times Festival of Books at the University of Southern California. Tuesday he'll be in San Diego, and a week from Sunday he's appearing in San Francisco, before heading to Portland, Mountain View, Berkeley, and Gaithersburg Maryland.

The Washington Post reports on "a relatively young app called Beeper that pulls all your chats into one place." This is significant, the Post argues, because "we're better off if we have the freedom to pick up our digital lives and move on. Tech companies should feel terrified that you'll walk if they disappoint you..." If different people send you messages in Apple's Messages (a.k.a., iMessage), WhatsApp, LinkedIn and Slack, you don't have to check multiple apps to read and reply. Maybe the best promise of Beeper is that you can ditch your iPhone or Samsung phone for another company's device and keep your text messages...

Eric Migicovsky, Beeper's co-founder, told me that if you're pulling Apple Messages into Beeper, you need a Mac computer to upload a digital file. All chat apps have different limits on how much history you can access in the app.

There's also a wait list of about 170,000 people for Beeper. (Add yourself to the list here.) The app is free, but Beeper says it will start charging for a version with extra features.
To put this all in context, the Post's reporter remembers the hassle of using a cable to transfer a long history of iPhone messages to a new Google Pixel phone, complaining that Apple makes it more difficult than other companies to switch to a different kind of system. "Many of you are happy to live in Apple's world. Great! But if you want the option to leave at some point, try to limit your use of Apple apps when possible..."

They look ahead to next year, when the EU "will require large tech companies to make their products compatible with those of competitors" — though it's not clear how much change that will bring. In the meantime, the existence of a small company like Beeper "gives me hope that we don't have to rely on the kindness of technology giants to make it easier to move to a different phone or computer system... You deserve the option of a no-hassle tech divorce at a moment's notice."

Redbox CEO Bill Rouhana told The Hollywood Reporter that he'd like to buy the business, saying: "I wish Netflix would sell me that business instead of shutting it down." From the report: Redbox is already the biggest DVD rental company in the U.S., with a network of some 32,000 red DVD kiosks across the country. Just this week, it announced plans to add another 1,500 kiosks at Dollar General stores (Rouhana says the Dollar General kiosks are some of the company's most profitable). While the DVD business kickstarted Netflix's meteoric rise, in recent years it has been on the decline. In 2022, it had $146 million in revenue, down $40 million from the year prior. Q1 had revenue of $32 million, suggesting a further decline this year.

And Rouhana says he has reached out to Netflix over the years expressing a desire to acquire the DVD business, to no avail. "I have tried like three or four times to reach out to the corporate development people about it but just got rebuffed each time," Rouhana says. "So when I saw it being closed, I thought, 'Well, maybe they'll do it now.'" A Netflix source tells THR that the company is winding down the business, and not selling it. (As for what happens to those warehouses full of DVDs that fueled Netflix's red envelope business, they seem to be in limbo for now.)

Even if that is the case, Rouhana says he believes Netflix's decision to shutter the service will benefit his company. "This could be a great boon to us because now there are a whole bunch of people who are going to look for a new place to get their DVDs, and we're close to 90 percent of them based on where our kiosks are located," he says. And, he notes, he does not expect the DVD business to go away anytime soon. "We believe in it, and we believe it's going to be around for a while. Like most legacy things, it's a lot harder to kill them than people say, I believe," he adds.

In fact, he believes the DVD business is in a position for growth over the next few years, thanks to a larger slate of movies hitting theaters and a desire from studios to reengage with windowing strategies. "We programmed our business plan for us to get back to about 30 percent of the 2019 level," Rouhana says. "I feel that's pretty conservative, I think we'll be better than that. But, you know, that's how we built the business plan that we've articulated. So people can decide for themselves whether they think that's overly optimistic or overly pessimistic."

Canada's $190bn Ontario Teachers' Pension Plan says it is steering clear of the cryptocurrency sector after writing off a $95mn investment in FTX, the failed digital currency exchange. From a report: OTPP was among a number of big-name money managers to back FTX, with investments in 2021 and early 2022. The move was widely seen as a sign that high-profile, blue-chip investors were giving their stamp of approval to the fast-growing but lightly regulated crypto sector. But in November 2022 OTPP wrote off its entire stake, following FTX's dramatic collapse. The exchange's high-profile founder, Sam Bankman-Fried, is now facing fraud charges. "We're still working through what exactly happened there and you're going to be careful," OTPP chief executive Jo Taylor told the Financial Times. "It'd be unwise for us to rush" into another crypto investment based in part on "feedback from our members," he added.

An anonymous reader quotes a report from Engadget: The controversial EARN IT Act, first introduced in 2020, is returning to Congress after failing twice to land on the president's desk. The Eliminating Abusive and Rampant Neglect of Interactive Technologies Act, (EARN IT) Act is intended to minimize the proliferation of Child Sexual Abuse Material (CSAM) throughout the web, but detractors say it goes too far and risks further eroding online privacy protections.

Here's how it would work, according to the language of the bill's reintroduction last year. Upon passing, EARN IT would create a national commission composed of politically-appointed law enforcement specialists. This body would be tasked with making a list of best practices to ostensibly curb the digital distribution of CSAM. If online service providers do not abide by these best practices, they would potentially lose blanket immunity under Section 230 of the Communications Decency Act, opening them up to all kinds of legal hurdles -- including civil lawsuits and criminal charges. [...] The full text of H.R.2732 is not publicly available yet, so it's unclear if anything has changed since last year's attempt, though when reintroduced last year it was more of the same. (We've reached out to the offices of Reps. Wagner and Garcia for a copy of the bill's text.) A member of Senator Graham's office confirmed to Engadget that the companion bill will be introduced within the next week. It also remains to be seen if and when this will come up for a vote. Both prior versions of EARN IT died in committee before ever coming to a vote. The Center for Internet and Society at Stanford Law School, the Center for Democracy and Technology, and the American Civil Liberties Union all oppose the bill.

Those defending it include the Rape, Abuse & Incest National Network (RAINN), saying that it will "incentivize technology companies to proactively search for and remove" CSAM materials. "Tech companies have the technology to detect, remove, and stop the distribution of child sexual abuse material. However, there is no incentive to do so because they are subject to no consequences for their inaction."

BuzzFeed is shutting down BuzzFeed News and laying off 15% of its employees, or about 180 people. CEO Jonah Peretti made the announcement in a memo on Thursday. Variety reports: Going forward, BuzzFeed will concentrate its news efforts in a single profitable news organization -- HuffPost, which it acquired from Verizon in 2020, per Peretti's memo. The company's flagship BuzzFeed.com site will remain in place. "While layoffs are occurring across nearly every division, we've determined that the company can no longer continue to fund BuzzFeed News as a standalone organization," Peretti wrote.

BuzzFeed News launched in 2012 under then-editor in chief Ben Smith. In the memo, Peretti said, "I made the decision to overinvest in BuzzFeed News because I love their work and mission so much. This made me slow to accept that the big platforms wouldn't provide the distribution or financial support required to support premium, free journalism purpose-built for social media." HuffPost is "a brand that is profitable with a highly engaged, loyal audience that is less dependent on social platforms," than BuzzFeed News, according to Peretti.

Peretti also wrote, "we will bring more innovation to clients in the form of creators, AI and cultural moments that can only happen across BuzzFeed, Complex, HuffPost, Tasty and First We Feast." According to a BuzzFeed spokesperson, no jobs are being replaced by AI. The company recently started using AI to assist in creating some content, including quizzes, and Peretti said the technology would become "part of our core business."

Atari has announced the acquisition of over 100 PC and console titles launched in the 1980s and 1990s from Accolade, Micropose and Infogrames. Engadget reports: Atari's ownership and catalogue have changed hands a bit since its heyday, so the purchase includes a homecoming for some of Atari's IPs. It's also adding Accolade's trademark to its vault. The newly Atari-owned games include the Demolition Racer series, Bubsy and Hardball. "Many of these titles are a part of Atari history, and fans can look forward to seeing many of these games re-released in physical and digital formats, and in some cases, even ported to modern consoles," Wade Rosen, Atari's CEO, said in a statement.

Atari is really gunning for a comeback, with a "multi-year effort to transform the company" and investments in IPs people care about (reimagined versions of Asteroids and Missile Command are reportedly in the works). [...] With its latest purchase, Atari says it will rerelease already existing games on modern consoles and create new adaptations of past storylines.

Ivan Sutherland played a key role in foundational computer technologies. Now he sees a path for America to claim the mantle in "superconducting" chips. From a report: It has been six decades since Ivan Sutherland created Sketchpad, a software system that foretold the future of interactive and graphical computing. In the 1970s, he played a role in rallying the computer industry to build a new type of microchip with hundreds of thousands of circuits that would become the foundation of today's semiconductor industry. Now Dr. Sutherland, who is 84, believes the United States is failing at a crucial time to consider alternative chip-making technologies that would allow the country to reclaim the lead in building the most advanced computers.

By relying on supercooled electronic circuits that switch without electrical resistance and as a consequence generate no excess heat at higher speeds, computer designers will be able to circumvent the greatest technological barrier to faster machines, he claims. "The nation that best seizes the superconducting digital circuit opportunity will enjoy computing superiority for decades to come," he and a colleague recently wrote in an essay that circulated among technologists and government officials. Dr. Sutherland's insights are significant partly because decades ago he was instrumental in helping to create today's dominant approach to making computer chips.

In the 1970s, Dr. Sutherland, who was chairman of the computer science department at the California Institute of Technology, and his brother Bert Sutherland, then a research manager at a division of Xerox called the Palo Alto Research Center, introduced the computer scientist Lynn Conway to the physicist Carver Mead. They pioneered a design based on a type of transistor, known as complementary metal-oxide semiconductor, or CMOS, which was invented in the United States. It made it possible to manufacture the microchips used by personal computers, video games and the vast array of business, consumer and military products. Now Dr. Sutherland is arguing that an alternative technology that predates CMOS, and has had many false starts, should be given another look. Superconducting electronics was pioneered at the Massachusetts Institute of Technology in the 1950s and then pursued by IBM in the 1970s before being largely abandoned. At one point, it even made an odd international detour before returning to the United States.

An anonymous reader quotes a report from Reuters: Seagate has agreed to pay a $300 million penalty in a settlement with U.S. authorities for shipping over $1.1 billion worth of hard disk drives to China's Huawei in violation of U.S. export control laws, the Department of Commerce said on Wednesday. Seagate sold the drives to Huawei between August 2020 and September 2021 despite an August 2020 rule that restricted sales of certain foreign items made with U.S. technology to the company. Huawei was placed on the Entity List, a U.S. trade blacklist, in 2019 to reduce the sale of U.S. goods to the company amid national security and foreign policy concerns.

Seagate shipped 7.4 million drives to Huawei for about a year after the 2020 rule took effect and became Huawei's sole supplier of hard drives, the Commerce Department said. The other two primary suppliers of hard drives ceased shipments to Huawei after the new rule took effect in 2020, the department said. Though they were not identified, Western Digital and Toshiba were the other two, the U.S. Senate Commerce Committee said in a 2021 report on Seagate.

For some of the largest retail companies and brands, the metaverse is losing its luster. From a report: Walmart has reportedly shut down its Universe of Play metaverse experience on Roblox just six months after its launch, according to consumer advocacy group Tina.org. Walmart, for its part, said it discontinued the experience "as planned." Walt Disney has axed the next-generation storytelling and consumer-experiences unit that was mapping out the company's metaverse strategies late last month. This string of news came after social media giant Meta reported that its metaverse division generated a loss of $4.3 billion in the fourth quarter.

These reports have raised questions on the metaverse's ability to yield returns on the investments companies have made in it. Retailers and brands have mainly been using the metaverse to build brand experiences and marketing, but many have yet to report on its conversion rate. In an economic environment where retailers and brands have been attempting to cut costs, experts said that retailers would likely pare down unprofitable areas of their businesses. "One of the biggest challenges was really figuring out the right [key performance indicators] and also just figuring out if there weren't even implications for many brands when it came to their physical product," said Melissa Minkow, director of retail strategy at digital consultancy firm CI&T. "It was just such a big, broad, abstract landscape that it seemed there was kind of a lack of direction."

In recent years, brands saw the metaverse as a means of elevating their virtual experiences, and reaching Gen Z in particular. Walmart launched Universe of Play in September and had mainly marketed it as an immersive virtual toy destination. For Disney, the division in charge of its metaverse strategy was focused on crafting interactive storytelling methods using technologically advanced channels. Retailers of varying sizes were attempting to look for ways to incorporate the metaverse in their strategies. While brands were optimistic about the metaverse, consumers didn't seem to match their sentiment. Minkow, who authored a recent CI&T report, found that 81% of respondents haven't made a purchase in the metaverse and 45% said that they don't ever see themselves shopping in it. Meta initially set a 500,000 monthly active user target for its metaverse offering, Horizon Worlds, by the end of last year but then changed its goal to 280,000, indicating how the company underestimated people's engagement level with the platform.

With Maximum PC and MacLife's abandonment of print, the dead-tree era of computer journalism is officially over. It lasted almost half a century -- and was quite a run. Harry McCracken writes: The April issues of Maximum PC and MacLife are currently on sale at a newsstand near you -- assuming there is a newsstand near you. They're the last print issues of these two venerable computer magazines, both of which date to 1996 (and were originally known, respectively, as Boot and MacAddict). Starting with their next editions, both publications will be available in digital form only. But I'm not writing this article because the dead-tree versions of Maximum PC and MacLife are no more. I'm writing it because they were the last two extant U.S. computer magazines that had managed to cling to life until now. With their abandonment of print, the computer magazine era has officially ended.

It is possible to quibble with this assertion. 2600: The Hacker Quarterly has been around since 1984 and can accurately be described as a computer magazine, but the digest-sized publication has the production values of a fanzine and the content bears little resemblance to the slick, consumery computer mags of the past. Linux Magazine (originally the U.S. edition of a German publication) and its more technical sibling publication Admin also survive. Then again, if you want to quibble, Maximum PC and MacLife may barely have counted as U.S. magazines at the end; their editorial operations migrated from the Bay Area to the UK at some point in recent years when I wasn't paying attention. (Both were owned by Future, a large British publishing firm.) Still, I'm declaring the demise of these two dead-tree publications as the end of computer magazines in this country. Back when I was the editor-in-chief of IDG's PC World, a position I left in 2008, we considered Maximum PC to be a significant competitor, especially on the newsstand. Our sister publication Macworld certainly kept an eye on MacLife. Even after I moved on to other types of tech journalism, I occasionally checked in on our erstwhile rivals, marveling that they somehow still existed after so many other computer magazines had gone away.

As the European Union gears up to enforce a major reboot of its digital rulebook in a matter of months, a new dedicated research unit is being spun up to support oversight of large platforms under the bloc's flagship Digital Services Act (DSA). From a report: The European Centre for Algorithmic Transparency (ECAT), which was officially inaugurated in Seville, Spain, today, is expected to play a major role in interrogating the algorithms of mainstream digital services -- such as Facebook, Instagram and TikTok.

ECAT is embedded within the EU's existing Joint Research Centre (JRC), a long-established science facility that conducts research in support of a broad range of EU policymaking, from climate change and crisis management to taxation and health sciences. But while the ECAT is embedded within the JRC -- and temporarily housed in the same austere-looking building (Seville's World Trade Centre), ahead of getting more open-plan bespoke digs in the coming years -- it has a dedicated focus on the DSA, supporting lawmakers to gather evidence to build cases so they can act on any platforms that don't take their obligations seriously. Commission officials describe the function of ECAT being to identify "smoking guns" to drive enforcement of the DSA -- say, for example, an AI-based recommender system that can be shown is serving discriminatory content despite the platform in question claiming to have taken steps to "de-bias" output -- with the unit's researchers being tasked with coming up with hard evidence to help the Commission build cases for breaches of the new digital rulebook.

An anonymous reader quotes a report from Reuters: The European Union on Tuesday agreed a 43 billion euro ($47 billion) plan for its semiconductor industry in an attempt to catch up with the United States and Asia and start a green industrial revolution. The EU Chips Act, proposed by the European Commission last year and confirmed by Internal Market Commissioner Thierry Breton, aims to double the bloc's share of global chip output to 20% by 2030 and follows the U.S. CHIPS for America Act.

"We need chips to power digital and green transitions or healthcare systems," Commission Vice-President Margrethe Vestager said in a tweet. Since the announcement of its chips subsidies plan last year, the EU has already attracted more than 100 billion euros in public and private investments, an EU official said. "The critical piece of the equation which the EU will need to get right, as for the U.S., is how much of the supply chains supporting the industry can be moved to the EU and at what cost," said [Paul Triolo, a China and tech expert at the Washington-based Center for Strategic & International Studies]. While the Commission had originally proposed funding only cutting-edge chip plants, EU governments and lawmakers have widened the scope to cover the whole value chain, including older chips and research and design facilities.

Apple in iOS 17 will for the first time allow iPhone users to download apps hosted outside of its official App Store, according to Bloomberg's Mark Gurman. From a report: Otherwise known as sideloading, the change would allow customers to download apps without needing to use the App Store, which would mean developers wouldn't need to pay Apple's 15 to 30 percent fees. The European Union's Digital Markets Act (DMA), which went into effect on November 1, 2022, requires "gatekeeper" companies to open up their services and platforms to other companies and developers. The DMA will have a big impact on Apple's platforms, and it could result in Apple making major changes to the App Store, Messages, FaceTime, Siri, and more. Apple is planning to implement sideloading support to comply with the new European regulations by next year, according to Gurman.

The Python Software Foundation is "concerned that proposed EU cybersecurity laws will leave open source organizations and individuals unfairly liable for distributing incorrect code," according to the Register. The PSF reviewed the EU's proposed "Cyber Resilience Act" and "Product Liability Act" and reports "issues that put the mission of our organization and the health of the open-source software community at risk."

From the Register's report: "If the proposed law is enforced as currently written, the authors of open-source components might bear legal and financial responsibility for the way their components are applied in someone else's commercial product," the PSF said in a statement shared on Tuesday by executive director Deb Nicholson. "The existing language makes no differentiation between independent authors who have never been paid for the supply of software and corporate tech behemoths selling products in exchange for payments from end-users...."

The PSF argues the EU lawmakers should provide clear exemptions for public software repositories that serve the public good and for organizations and developers hosting packages on public repositories. "We need it to be crystal clear who is on the hook for both the assurances and the accountability that software consumers deserve," the PSF concludes. The PSF is asking anyone who shares its concerns to convey that sentiment to an appropriate EU Member of Parliament by April 26, while amendments focused on protecting open source software are being considered.

Bradley Kuhn, policy fellow at the Software Freedom Conservancy, told The Register that the free and open source (FOSS) community should think carefully about the scope of the exemptions being sought. "I'm worried that many in FOSS are falling into a trap that for-profit companies have been trying to lay for us on this issue," he said. "While it seems on the surface that a blanket exception for FOSS would be a good thing for FOSS, in fact, this an attempt for companies to get the FOSS community to help them skirt their ordinary product liability. For profit companies that deploy FOSS should have the same obligations for security and certainty for their users as proprietary software companies do."
The article points out that numerous tech organizations are urging clarifications in the proposed regulations, including NLnet Labs and the Eclipse Foundation.