The Daily Index — Wednesday, April 24, 2024 · TLDR Index

MISCELLANEOUS

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WHEN WAS THE LAST TIME WE BUILT A NEW CITY?

California Forever announced plans in August 2023 to build a new city of up to 400,000 people in Solano County, forty miles northeast of San Francisco. The company purchased 50,000 acres of land for an estimated $900 million in 2017. Most of the land is zoned for agricultural use and is subject to slow-growth laws. This may change after a vote in November. The project may be the most ambitious new development built in California in over 50 years. This article features an interview with Jan Sramek, the founder and CEO of California Forever, where he discusses the project.

links.tldr.tech · 32 min

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SENATE PASSES TIKTOK BAN BILL, SENDING IT TO PRESIDENT BIDEN'S DESK

The Senate has passed a bill for a foreign aid package that includes a measure that will force China-based ByteDance to sell TikTok or have it banned from the US. The bill will now head to President Joe Biden, who has already committed to signing the legislation. Once signed into law, ByteDance will have up to a year to complete a sale of TikTok. Enforcement of the law may be delayed by legal challenges. The bill is aimed at preventing foreign adversaries from conducting espionage, surveillance, maligned operations, and otherwise harming vulnerable Americans, rather than a punishment against ByteDance or any other individual company.

links.tldr.tech · 6 min

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APPLE REPORTEDLY CUTS VISION PRO PRODUCTION DUE TO LOW DEMAND

Apple now only expects to sell around 400,000 to 450,000 Vision Pro headsets in 2024, compared to a previous market consensus of 700,000 to 800,000.

links.tldr.tech · 1 min

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U.S. BANS NONCOMPETE AGREEMENTS FOR NEARLY ALL JOBS

The Federal Trade Commission has voted to ban nearly all noncompete agreements - existing noncompetes for senior executives have been excluded from the ban as these agreements are more likely to have been negotiated.

links.tldr.tech · 2 min

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MICROSOFT'S PHI-3 SHOWS THE SURPRISING POWER OF SMALL, LOCALLY RUN AI LANGUAGE MODELS

Microsoft's Phi-3-mini, which contains only 3.8 billion parameters, may rival GPT-3.5.

links.tldr.tech · 4 min

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THE MAN WHO KILLED GOOGLE SEARCH

This article tells the story of how Google Search died and the people responsible for killing it.

links.tldr.tech · 14 min

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TSMC'S DEBACLE IN THE AMERICAN DESERT

TSMC's Arizona facility was originally set to begin operating in 2024 - it is woefully behind schedule, with production now set to start in 2025.

links.tldr.tech · 32 min

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META AND OPEN

Apple's closed model may have been successful in the mobile market, but closed models don't always win - Meta is betting the open model will win with virtual and mixed reality headsets.

links.tldr.tech · 26 min