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June 24, 2023, 11:20 AM
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Top News

Mark Matousek / The Information:
Social media startup IRL is shutting down after an investigation by its board concluded that 95% of its claimed 20M MAUs were “automated or from bots”  —  Last year, the CEO of messaging app IRL repeatedly said it had 20 million monthly active users, who chatted about shared interests and planned real-world events together.
Rani Molla / Vox:
Startups are using remote work to attract talent; report: 81% of companies with fewer than 5K employees offer remote work vs. 26% for those with 25K+ employees  —  How small tech companies are using remote work to compete with the big guys.  —  It used to be that Big Tech companies like Google …
Alex Heath / The Verge:
Sources: Meta is planning to release its Twitter competitor in mid-July and is pitching big-name celebrities to join a platform that will be “sanely” run  —  Mark Zuckerberg is the overwhelming favorite to beat Elon Musk in a cage match.  Will it actually happen?
Manish Singh / TechCrunch:
Andy Jassy says Amazon plans to invest another $15B in India by 2030, mostly for AWS expansion; in May, AWS announced plans to invest $12.7B in the country  —  Amazon plans to more than double its investment in India in the next seven years, the e-commerce group said, joining a roster …
The Economic Times:
Sundar Pichai says Google plans to invest $10B in India's digitization fund and announces the opening of Google's fintech operation center in GIFT City, Gujarat
Tom Warren / The Verge:
At the FTC v. Microsoft hearing, Phil Spencer says Microsoft bought ZeniMax for $7.5B to stop Starfield and other Bethesda games becoming PlayStation exclusives  —  Microsoft's Xbox chief has revealed one of the key reasons behind the acquisition of Bethesda parent company ZeniMax: potential Starfield PlayStation exclusivity.
Nico Grant / New York Times:
NetBlocks: at least five Russian telcos block Google News and several other ISPs are reducing access, as Russia's feud with a mercenary leader intensifies  —  At least five telecommunications companies have blocked the service, which aggregates news from various sources, according to an analysis from NetBlocks, an internet observatory.
Wired:
How companies are repurposing military-grade AI, built by US defense contractors for intelligence, to identify labor organizing, internal leakers, and critics  —  Spycraft developed by defense contractors are now being sold to employers to identify labor organizing.  Regulators must step up to protect workers' privacy.
More: Politico.  Twitter: @1roboter, @willie_agnew, @codepo8, and @backchnnl
Zack Whittaker / TechCrunch:
A US federal court sentences UK citizen Joseph James O'Connor to five years in prison for helping hack into dozens of high-profile Twitter accounts in July 2020  —  Prosecutors called for the British hacker to serve at least seven years  —  Three years after one of the most visible hacks …
Benj Edwards / Ars Technica:
Midjourney adds a “zoom out” feature that builds out a larger scene around images generated within the AI service, simulating zooming out with a camera lens  —  Midjourney v5.2 features camera-like zoom control over framing, more realism.  —  On Thursday, Midjourney unveiled version 5.2 …
New York Times:
A profile of Michael Kives, a Hollywood agent turned investor, as FTX's bankruptcy lawyers sue his VC firm K5 Global to recover the $700M that SBF had invested  —  Michael Kives, a former Hollywood agent, connected FTX's founder to Katy Perry, Orlando Bloom, Bill Clinton and others.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:20 AM ET, June 24, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Lucas Manfredi / The Wrap:
Paramount reports Q4 revenue of $8.15B, a net loss of $573M, and DTC revenue up 10% YoY to $2.213B; Paramount+ subs reach 78.9M, up 4%

Corbin Bolies / The Wrap:
At Semafor's media summit, FCC Chairman Brendan Carr said too much of the national news media is “drastically out of touch with where the American people are”

Matthew Keys / TheDesk.net:
Nexstar lays off on-air staffers at LA's KTLA and New York's WPIX, after similar cuts at WGN in Chicago, as the company pursues a merger with Tegna

More News

Jay Peters / The Verge:
YouTube is testing Aloud, an AI-powered dubbing tool developed by Google's Area 120, with “hundreds” of creators, starting with English, Spanish, and Portuguese

Earlier Picks

Chris Vallance / BBC:
Google plans to update Android's Emergency SOS after UK police blame the feature, activated by repeatedly pressing a side button, for a surge in false 999 calls
Filipe Espósito / 9to5Mac:
A look at the Apple Vision Pro's features in the visionOS SDK, including a “Moving at Unsafe Speed” alert, a “Travel Mode” for airplanes, and a “Guest Mode”
Anand J / Moneycontrol:
Sources: Apple is in talks to launch Apple Card in India, and has met with HDFC and the RBI; a source says Apple is holding Apple Pay discussions with the NPCI
Wall Street Journal:
Thierry Breton says he sees a “strong willingness” from Twitter to comply with the EU's DSA and that the company was the first to undergo the law's stress test
Anja Karadeglija / National Post:
Meta plans to remove news content from Facebook and Instagram for users in Canada after the Online News Act passed Canada's Senate and received royal assent
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