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Advertising non-profit coalition GARM shuts down following X, Rumble lawsuit

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Top stories today:

  1. Advertising non-profit coalition GARM shuts down following X, Rumble suits
  2. Apple planning smallest Mac mini ever with M4 chip
  3. OpenAI discloses GPT-4o safety testing Scorecard
  4. DeepMind Robotics demos ā€œsolidly amateurā€ table tennis robot
  5. 30-year mortgage rate drops to 6.47%, lowest levels in 15 months
  6. Apple announces new rules, fee structure to comply with DMA

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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).

All times are ET.

1. Advertising non-profit coalition GARM shuts down following X, Rumble lawsuits

  • Parent World Federation of Advertisers (WFA) said GARM lacks financial resources.

  • WFA claims no wrongdoing and will challenge Xā€™s lawsuit.

  • WFA and other companies were the suitā€™s named defendants, not GARM itself.

  • GARM allegedly encouraged advertisers to boycott X after Muskā€™s buyout.

2. Apple planning smallest Mac mini ever with M4 chip

Mac sales may get revived with the new model:

  • First major design change since 2010 revamp.

  • 2 versions in development, one may have yet-to-be-announced M4 Pro chip.

  • Apple TV set-top box-like size.

  • 3 USB-C ports, HDMI port likely.

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4. OpenAI discloses GPT-4o safety testing Scorecard

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