🌍 Attracting Digital Nomads, Cable Espionage Concerns, Apple News+ Lifeline

Good Morning! Kick off your week with our latest insights on technological advancements and AI developments.

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Today’s pick

• Countries wooing corporate digital nomads hope to make them stay 

• U.S. Fears Undersea Cables Are Vulnerable to Espionage From Chinese Repair Ships

• As clicks dry up for news sites, could Apple's news app be a lifeline? 

• CyberArk snaps up Venafi for $1.54B to ramp up in machine-to-machine security 

• LG ends XR partnership with Meta; Amazon emerges as new partner

Let’s dive in

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Countries wooing corporate digital nomads hope to make them stay 

By Emma Agyemang via Financial Times 

• Countries are actively attracting corporate digital nomads with the hope of making them permanent residents.

• Digital nomad visas and incentives are being introduced to lure remote workers.

• These initiatives aim to boost local economies and counteract population decline in various regions.

𝕏: @FT article about nomad visas is a better view on the true intention on the creation of these by the govs. Happy to have collaborated in this article with my friends at @e_Residents "Countries wooing corporate digital nomads hope to make them stay" - Gonçalo Hall (@Gonzohall)

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U.S. Fears Undersea Cables Are Vulnerable to Espionage From Chinese Repair Ships

By Dustin Volz via Wall Street Journal

• U.S. officials have warned that undersea internet cables in the Pacific could be vulnerable to espionage by Chinese repair ships.

• S.B. Submarine Systems, a state-controlled Chinese company, is reportedly concealing the locations of its repair vessels from tracking services.

• Concerns arise from the potential for tampering with these critical communication infrastructures, which are partially owned by companies like Google and Meta Platforms.

𝕏: U.S. officials are privately warning its telecommunications companies: Undersea cables that ferry internet traffic across the Pacific Ocean could be vulnerable to tampering by Chinese repair ships. - Jonathan Cheng (@JChengWSJ)

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As clicks dry up for news sites, could Apple's news app be a lifeline? 

By Max Tani via Semafor 

• Apple News+ has become a crucial revenue stream for struggling digital publishers like The Daily Beast and TIME.

• The platform offers exclusive content to Apple subscribers, generating significant income and audience engagement for mid-sized and major publishers.

• Despite the benefits, there are concerns about revenue dependency and editorial influence from Apple, as publishers adapt content strategies to fit the platform's needs.

𝕏: Big @maxwelltani story on a huge, unnoticed story in media: The rise and rise of Apple News - Ben Smith (@semaforben)

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CyberArk snaps up Venafi for $1.54B to ramp up in machine-to-machine security 

By Ingrid Lunden via TechCrunch 

• CyberArk is acquiring Venafi for $1.54 billion to strengthen its position in machine identity security.

• The deal, consisting of $1 billion in cash and $540 million in shares, expands CyberArk's total addressable market by $10 billion.

• This acquisition highlights the trend of consolidation in cybersecurity, as companies seek to manage the growing complexity of cloud services and mobile technology.

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LG ends XR partnership with Meta; Amazon emerges as new partner

By Chae-Yeon Kim via The Korea Economic Daily Global 

• LG Electronics has ended its XR partnership with Meta and is now considering Amazon as a new partner for developing XR devices.

• The shift comes after LG found little synergy with Meta, despite initial plans to leverage Meta's OS and LG's hardware for next-gen XR headsets.

• Amazon, with its strong OTT service, is seen as a viable candidate, and Google's Android might be used as the OS for LG's next XR headset.

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Trending in AI

• Apple Needs to Evolve to Compete in the Artificial Intelligence Era

• How news coverage, often uncritical, helps build up the AI hype

• What's the difference between machine learning and deep learning?

• AI glasses + multimodal AI = a massive new industry

• Slack has been using your messages to train their ML and & AI models

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Thanks for reading to the bottom and soaking in our Newslit Daily fueled with highlights for your morning.

I hope you found it interesting and, needless to say, if you have any questions or feedback let me know by hitting reply.

Take care and see you tomorrow!

— Jose Montes de Oca

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