| Alexa Corse / Wall Street Journal: |
In a memo to Twitter employees, CEO Linda Yaccarino said the platform is “on a mission to become the world's most accurate real-time information source” — Linda Yaccarino, who joined company last week, describes her mission to employees — Twitter's new chief executive told employees … | Reuters: |
Jack Dorsey says India threatened to shut Twitter down unless the company complied with orders during farmer protests, a claim India calls an “outright lie” — Twitter was threatened with shut down in India, Nigeria and Turkey unless it complied with orders to restrict accounts … | CNBC: |
The US FTC files for a temporary restraining order and preliminary injunction to block Microsoft's acquisition of Activision Blizzard — - The FTC on Monday filed a temporary restraining order and preliminary injunction seeking to block Microsoft's proposed acquisition of Activision Blizzard.| Casey Newton / Platformer: |
Reddit's API changes stem from LLMs driving up the value of its data, a long-planned IPO, and profitable third-party clients generating no revenue for Reddit — As it moves to shut down third-party apps, the site's self-governing ethos comes back to haunt it — I.| Vishal Chawla / The Block: |
SDNY releases documents in which an ex-SEC director suggested ether and bitcoin were not securities in 2018, which crypto advocates say undermines the SEC — - Certain documents related to former SEC director William Hinman have been released in the SEC's lawsuit against Ripple Labs.| Mark Savage / BBC: |
Paul McCartney says AI helped “extricate” John Lennon's voice from an old demo to complete what he calls “the final Beatles record”, set for release in 2023 — Sir Paul McCartney says he has employed artificial intelligence to help create what he calls “the final Beatles record”.| Wall Street Journal: |
Sources: Microsoft and OpenAI's unusual deal created internal conflict, including over transparency, sales pitches, and Microsoft's spending on in-house AI — As the companies lead the AI boom, their unconventional arrangement sometimes causes conflict — Microsoft and OpenAI's partnership … | Ivan Mehta / TechCrunch: |
YouTube lowers requirements to monetize under the Partner Program, including creators only needing 500 subscribers, down from 1,000, and fewer watch hours — YouTube is lowering the requirements for creators to get access to monetization tools under the YouTube Partner Program (YPP).| Dell Cameron / Wired: |
A declassified ODNI report from 2022: the US has amassed troves of “sensitive and intimate information” about Americans purchased from commercial data brokers — A newly declassified report from the Office of the Director of National Intelligence reveals the federal government is buying troves of data about Americans.| Molly White: |
Unpacking Coinbase's flawed talking points in its battle with the SEC, including the argument that “securities laws written in the 1930s can't apply to crypto” — Coinbase is trotting out its usual flawed arguments now that it's facing a lawsuit from the SEC, and more pushback is needed.| Max Read / New York Times: |
How Jimmy Donaldson, aka MrBeast, became a viral sensation for his absurd acts of altruism and pitching subscribing as an act of charity, sometimes literally — Jimmy Donaldson, a.k.a. MrBeast, has become a viral sensation for his absurd acts of altruism. Why do so many people think he's evil?| Biz Carson / Bloomberg: |
In a first, Larry Ellison passes Bill Gates to become the world's fourth-richest person with a $129.8B net worth; ORCL has risen 42% in 2023 on the AI boom — The optimism around artificial intelligence boosted both Oracle Corp.'s stock — and founder Larry Ellison's net worth — to record highs on Monday.| Financial Times: |
A look at the global network of subsea internet cables, dominated by companies from France, the US, and Japan, as China circumvents US curbs to build its own — Nearly 1.4mn kilometres of metal-encased fibre criss-crosses the world's oceans, speeding internet traffic seamlessly around the globe.| Wall Street Journal: |
Sources: Netflix is in talks to livestream its first sporting event this fall, a celebrity golf tournament with professional golfers and Formula One drivers — Tournament to include celebrities from Formula One series ‘Drive to Survive’ and golf program ‘Full Swing’| Avram Piltch / Tom's Hardware: |
Google's Search Generative Experience seems like an “AI plagiarism engine” that cobbles together snippets of text from a variety of sites, often word-for-word — The Search Generative Experience seems more like a text-copying experience. — Search has always been the Internet's most important utility.| Financial Times: |
Saudi Arabia's Savvy Games Group has spent ~$8B of its $38B war chest acquiring and building stakes in gaming companies globally in the past 18 months — Savvy shells out $8bn on deals in 18 months in rapid push to diversify revenues and acquire soft power| Allison Johnson / The Verge: |
Nothing plans to release the Nothing Phone 2 on July 11, offering a Snapdragon 8 Plus Gen 1 chip and bigger battery, widely available in the US — We knew that the Nothing Phone 2 would arrive next month, and now we have a precise date: July 11th, a day shy of the Phone 1's first birthday.| Krystal Hu / Reuters: |
Sources: SoftBank plans a new round of Vision Fund layoffs, impacting up to 30% of the staff at the unit; Vision Fund had 349 staff at the end of March 2023 — SoftBank Group Corp (9984.T) is planning a fresh round of layoffs at its Vision Fund investment arm, two people familiar with the matter said … | Financial Times: |
Investor letter: Insight Partners slashes the $20B target for its latest fund to $15B, after raising just $2B since June 2022, citing a “great reset in tech” — New York-based venture capital firm said it will scale back the pace of its dealmaking as valuations have slumped| Tiyashi Datta / Reuters: |
Accenture plans to invest $3B over three years into its data and AI practice, aiming to have 80,000 staff working on AI, after laying off ~19,000 in March 2023 — Accenture said on Tuesday it will invest $3 billion over three years into its data and AI practice, doubling the number of employees … | Gavin Bonshor / AnandTech: |
AMD announces the Ryzen Pro 7000 for desktop and Ryzen Pro 7040 HS and 7040 U for mobile, adding an integrated Ryzen AI block on select models and Zen 4 cores — As is a constant whenever AMD launches their latest desktop and mobile processors, they typically deploy and release a professional … | Financial Times: |
The EU reaches a long-awaited deal on rules that could let 28M gig workers get social security and more, and plans to discuss the proposals with its parliament — Member states agree to rules that could give employment benefits to Uber drivers and food delivery riders| Sam Kessler / CoinDesk: |
Uniswap Labs details Uniswap v4, the next version of the decentralized exchange, and invites feedback; Uniswap v3 launched in 2021 and has processed over $1T — The biggest decentralized crypto exchange is opening its development process to the public for the first time as the SEC cracks down on its centralized competitors.| Ingrid Lunden / TechCrunch: |
Austin-based Striveworks, which is building MLOps tools for training models and data cleaning, raised $33M from Centana Growth, its first outside funding — MLOps, or DevOps for those working with machine learning models, has seen a boom of interest in the last year, and that should come as no surprise …
Try Gemini 3 Pro — Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify's new AI commerce stack — Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Why eIDAS 2.0 might be the EU's boldest digital move yet — eIDAS: The first building block of digital trust More than a decade ago, the EU introduced the eIDAS regulation (Regulation [EU] No 910/2014) …
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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| Larry Dignan / Constellation Research: |
| Andrew Cunningham / Ars Technica: |
| Samuel Stolton / Bloomberg: |
| Bloomberg: |
| Shinhye Kang / Bloomberg: |
| Cecilia D'Anastasio / Bloomberg: |
| Dan Primack / Axios: |