All empires eventually fall, and it seems the creative software industry has collectively decided that Adobe's time has come. The Creative Cloud provider's suite of design tools have been considered the industry standard for decades - despite unpopular decisions to fully embrace generative AI and abandon software licenses in favor of expensive, complicated subscriptions. Pricing […]

Politico:
Cyber experts say the EU's age verification app has glaring privacy and security problems; after saying it was ready, EU officials say the app is “still a demo”  —  BRUSSELS — The European Union's unveiling of a mobile app to check people's age online has quickly turned sour …

Luz Ding / Bloomberg:
China fines leading food delivery apps, like from Alibaba, PDD, and Meituan, a total of ~$528M, the largest fine for the sector since the 2015 food safety law  —  Chinese regulators fined leading food delivery platforms including Alibaba Group Holding Ltd., PDD Holdings Inc. and Meituan for failing to filter out unqualified merchants.

Tanaya Macheel / CNBC:
Charles Schwab unveils its long-awaited crypto investing product, Schwab Crypto, with a 0.75% fee on every crypto trade and plans to launch in the coming weeks  —  Charles Schwab on Thursday introduced its long-awaited crypto investing product, making bitcoin and ether trading available …

The Guardian:
Docs: US tech companies successfully lobbied the EU to hide data centers' environmental toll; one of their demands was written almost verbatim into EU rules  —  Legally questionable confidentiality clause adopted almost word for word from demands of Microsoft and trade groups