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Techmeme
July 1, 2023, 11:10 AM
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Top News

Matt Binder / Mashable:
Elon Musk claims Twitter login requirement is a “temporary emergency measure” as “several hundred” orgs were “scraping Twitter data extremely aggressively”  —  Twitter is currently blocking visitors from viewing tweets and profiles unless they are logged in.
Jay Peters / The Verge:
Major third-party Reddit apps Apollo, Sync, and BaconReader shut down, as Reddit prepares to enforce its new API rate limits “shortly”  —  After a month of outrage, protests, and unrest from the community, Reddit has finally flipped the switch to shut down some third-party apps.
Hayden Field / CNBC:
Apple becomes the first publicly traded company to close with a $3T market cap; the company first hit a $3T market cap during intraday trading in January 2022  —  - Apple's market cap topped $3 trillion on Friday, passing the $190.73 share price required to hit the milestone, according to CNBC's most recent share count.
Ari Levy / CNBC:
Nasdaq gained 32% in H1 2023, its best first half since 1983's 37% rise; Nvidia is up 195%+, Meta is up 130%+, Apple and Amazon are up 50%+, Alphabet is up 34%+
Christopher Mims / Wall Street Journal:
Generative AI can make experienced programmers more productive, potentially eliminating tasks done by junior developers as companies use the tech to save money  —  Artificial-intelligence software is eating the software industry, as companies turn to generative AI tools to save money on programmers.
AnnaMaria Andriotis / Wall Street Journal:
Sources: Goldman Sachs is in talks to have American Express take over its Apple ventures, including Apple Card, Apple's “buy now, pay later” offering, and more  —  American Express in talks to take over Goldman's card deal, other ventures with tech giant
Bloomberg:
Fidelity, Invesco, VanEck, and WisdomTree refile for a spot bitcoin ETF with Coinbase as market surveillance provider, to answer the US SEC's objections  —  In a flurry of Friday afternoon activity, Fidelity Investments, Invesco, VanEck and WisdomTree filed a fresh set of applications …
Emma Roth / The Verge:
The FTC proposes penalizing companies for shady review practices, including fining companies buying fake reviews up to $50K for each time a customer sees one  —  If you, too, are so very tired of not knowing which reviews to trust on the internet, we may eventually get some peace of mind.
NBC News:
The FBI says it formed an online database in May to prevent swatting by facilitating coordination between police departments and law enforcement agencies  —  Advances in technology allow callers to mask their voices, phone numbers or IP addresses (also called “spoofing") or make their false 911 calls sound more credible.
Christian Davies / Financial Times:
YouTube removes the channels of three North Korean influencers posting about their daily life, after South Korea labelled them as “psychological warfare” tools  —  Seoul says young influencers promoting Harry Potter and water parks are ‘psychological’ propaganda
More: NK News and Reuters
Mastodon: @kkarhan@mstdn.social.  Twitter: @parismarx, @nknewsorg, and @realcalebmaupin
Wilfred Chan / Fast Company:
TSA plans to expand its facial recognition program to ~430 US airports, says its algorithms are 97% effective “across demographics, including dark skin tones”  —  The Transportation Security Administration (TSA) is preparing to expand its controversial facial recognition program …

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This is a Techmeme archive page. It shows how the site appeared at 11:10 AM ET, July 1, 2023.

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From Mediagazer

Katie Robertson / New York Times:
An Alabama jury finds the NYT defamed a college basketball player in a 2023 article that wrongly placed him at a deadly shooting and awards $9.25M in damages

Benjamin Mullin / New York Times:
A Seattle Times sports columnist quits, citing its repeated refusal to publish columns that went “against the grain”, including one on transgender athletes

Michael McCarthy / Front Office Sports:
OutKick founder Clay Travis launches Sport & State, offering live shows and podcasts; sources say it is valued at $100M, and Hard Rock Bet owns a 10% stake

More News

Tom Warren / The Verge:
A summary of the final day and closing arguments in the FTC v. Microsoft hearing; the FTC focused most of its case on Call of Duty and Xbox console exclusivity
Jess Weatherbed / The Verge:
Twitter no longer lets users browse tweets, user profiles, and comment threads on the web without logging in, redirecting Twitter URLs to the sign in page
More: TechCrunch, The Independent, ZDNet, BleepingComputer, Washington Post, The Indian Express, Forbes, Insider, Livemint, Android Authority, Android Central, Android Police, WRAL TechWire, 9to5Mac, Mashable, Neowin, Engadget, and Nysh's niche
Bluesky: @alpaye.bsky.social, @trevor.bsky.social, and @burrito.space
Mastodon: @raygan@bird.rodeo, @ahimsa_pdx@disabled.social, @juston@mastodon.social, @carnage4life@mas.to, @seldo@alpaca.gold, @aulia@octodon.social, @shoq@mastodon.social, and @lubianat@scholar.social
Twitter: @elonmusk, @timsweeneyepic, @titterdaily, @jsrailton, @zoeschiffer, @stephen_kent89, @speitsch, @yuris, @mgsiegler, @timsweeneyepic, @elonmusk, @jw, @vicorib, @triketora, @adamscochran, @ben8128, @wbm312, @elonmusk, @peter, @nash076, @dalmaer, @taylorlorenz, @shaig, @keithdsouza, @stevesi, @catacalypto, @gigawattconduit, @adribbleofink, @djangowexler, @girlmeetsgeek, @dietrich, @marshacollier, @pati_gallardo, @jotamide, @iansherr, @ziggyofak, @mgsiegler, @arjunram, @hamburger, @paullomax, @dsquareddigest, @jgarzik, @harrymccracken, @jagrbombed, @aclippinger, @eriz35, @zenofdesign, @loganalogy, @youngbitcoin, @dimensionmedia, @kayworxx, @9six7, @mediaevan, @hulkamatt, @chknpuppetmk5, @bradymweiler, @domdifurio, @jeffveillette, @edzitron, @bobdaduck, @gosearchmatters, @pt, @rustybrick, @midwesthedgie, @kevinrothrock, @tree_of_alpha, @moneroprophet, @psychic_brian33, @austen, and @krausefx
Forums: Hacker News, r/EnoughMuskSpam, r/Fighters, r/Twitter, and r/technology
See also Mediagazer

Earlier Picks

Reuters:
The UK CMA worries Adobe's $20B Figma acquisition “could stifle innovation and lead to higher costs” and gives Adobe five days for proposals to address concerns
Daryna Antoniuk / The Record:
Hackers claim responsibility for attacking Russian satellite internet service Dozor-Teleport; the IODA project says the network went down at 10pm EST on June 28
Nitish Pahwa / Slate:
Canada may think Bill C-18 still has more room for negotiation, based on Meta's 2021 deal with Australia, but tech platforms no longer view news as valuable
Sachin Ravikumar / Reuters:
The UK amends its Online Safety Bill, requiring higher age verification standards for porn sites and holding executives personally responsible for child safety
Sergiu Gatlan / BleepingComputer:
YouTube is running a test globally that limits ad blocker users to three videos, giving them the option to turn off their tool or subscribe to YouTube Premium
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