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July 6, 2023, 4:40 PM
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Max Tani / Semafor:
Twitter threatens to sue Meta over Threads, saying Meta “engaged in systematic, willful, and unlawful misappropriation of Twitter's trade secrets” and other IP  —  Twitter is threatening legal action against Meta over its new text-based “Twitter killer” platform …
Manish Singh / TechCrunch:
Meta's Supplemental Privacy Policy for Threads says that “your Threads profile can only be deleted by deleting your Instagram account”, surprising some users  —  Threads, Meta's Twitter rival, is drawing users at an astounding pace, amassing 10 million signups in just seven hours …
Jonathan Vanian / CNBC:
Meta launches Instagram's text-based Threads app on the App Store and Google Play in 100+ countries; users log in via Instagram and can follow the same accounts  —  - Threads is a text-based messaging app that looks very similar to Twitter.  — People will be able to use their Instagram usernames …
More: Washington Post, Instagram, Reuters, The Verge, TechCrunch, Android Authority, TechCrunch, NBC News, TechCrunch, The Guardian, PCMag, Forbes, Cointelegraph, Social Media Today, TIME, NBC 7 San Diego, MobileSyrup, Silicon Valley Business …, MacRumors, The Verge, New York Post, Engadget, Supercharged, Bloomberg, and Daring Fireball
Twitter: @finkd, @elonmusk, @lindayacc, @elonmusk, @mosseri, @nikitabier, @emoswaggy, @aries_menace, @wongmjane, @techemails, @jappleby, @cb_doge, @benedictevans, @b_fung, @sarthakgh, @howfxr, @asemota, @samro, @adamkovac, @mkupperman, @amnesty, @mikeisaac, @s8mb, @timcast, @nikitabier, @danprimack, @gojomo, @thomas_violence, @prawn_meat, @robdelaney, @micsolana, @junlper, @picketer, @mikko, @balajis, @jamestitcomb, @levie, @ashcryptoreal, @samcoatessky, @letterboxd, @noupside, @instagram, @max_oats, @pragdua, @oneunderscore__, @andrewmacfnz, @campbell_brown, @gregisenberg, @kantrowitz, @mikeisaac, @austen, @elonmusk, @danprimack, @esqueer_, @andy_staples, @libsoftiktok, @anothercohen, @mattnavarra, @tomwarren, @karlbode, @marshallk, @worldwidewob, @cbctom, @sarthakgh, @rmac18, @bobbyallyn, @yoda, @can, @b_fung, @brianstelter, @cstanley, @tomwarren, @readdanwrite, @timsweeneyepic, @wexler, @instagram, @maxwinebach, @thomasgermain, @verge, @mattnavarra, @charliekirk11, @carlquintanilla, @__apf__, @esqueer_, @rachelmetz, @kantrowitz, and @kantrowitz
Threads: @zuck, @mosseri, @mosseri, @aoc, @zuck, @thisisbillgates, @zuck, @itselavia, @jeremysliew, @fazeclan, @davidmarcus, @instagram, @carnage4life, @caseyrain, @zuck, @carnage4life, @absolutelyashika, @mosseri, @taylorlorenz, @yung_pueblo, @naomigleit, @davecamarillo, @milliegooch, @zuck, @japanoninsta, @mosseri, @0xjessel, @alokvmenon, @mosseri, @whatsapp, @taylorlorenz, @zuck, @h1brd, @gerekmeinhardt, @carnage4life, @mosseri, @zuck, @tobi, @kayvonmusic, @eorlins, @mosseri, and @mikedavismma
See also Mediagazer
Taylor Hatmaker / TechCrunch:
Mark Zuckerberg says Threads now has over 30M signups, up from 10M within seven hours of launch, 5M in four hours, and 2M in two hours  —  Update July 6, 11:45 AM IST: Zuckerberg noted that Threads crossed the milestone of 10 million signups within seven hours of launch.
Casey Newton / Platformer:
Hands-on with Threads: fairly bare-bones text-based messaging app, log in via Instagram, no hashtags, no edit button, search is only for user handles, and more  —  Programming note: I really was trying to take a vacation, but this felt like it was worth the one-day interruption.
Eugen Rochko / Mastodon Blog:
Mastodon's CEO says Meta launching Instagram's Threads, which intends to adopt ActivityPub, “is a clear victory for our cause, hopefully one of many to come”  —  Today, Meta is launching its new microblogging platform called Threads.  What is noteworthy about this launch …
Alex Heath / The Verge:
Q&A with Adam Mosseri on how Threads started, why a new app is a “risky endeavor”, creating a standalone app off of Instagram, ActivityPub, Elon Musk, and more
Tim Bradshaw / Financial Times:
Instagram's Threads feels like Twitter's early days while offering an insta-network on infrastructure that should avoid bugs and outages plaguing smaller rivals
New York Times:
How Tom Brady's crypto ambitions, like being an FTX “ambassador”, collided with reality, part of the humiliating reckoning facing crypto embracing celebrities  —  The superstar quarterback is among the celebrities dealing with the fallout from the crypto crash.  Others, like Taylor Swift, escaped.
Emily M. Bender:
Framing AI debates as a schism between people worried about rogue AI and those illuminating harms is ahistorical and obscures research, journalism, and activism  —  In two recent conversations with very thoughtful journalists, I was asked about the apparent ‘schism’ between those making a lot …
Wayne Ma / The Information:
Sources: Google delays releasing its first fully custom Pixel chip by at least a year; instead of codename Redondo's 2024 debut, codename Laguna is set for 2025  —  Google has big ambitions to develop its own chips for its Pixel phones.  So far, however, things haven't gone according to plan.
Bloomberg:
Sources: CFTC investigators concluded that bankrupt crypto lender Celsius Network misled investors and that its former CEO, Alex Mashinsky, also broke US rules  —  Investigators at the Commodity Futures Trading Commission have concluded that bankrupt crypto lender Celsius Network …
Sarah McBride / Bloomberg:
PitchBook: US VCs invested $39.8B in Q2 2023, down nearly 50% YoY, across 3,011 deals, down ~33% YoY, with the number of angel or seed deals falling ~50% YoY  —  Venture capitalists are funding fewer startups, especially at the earliest stages of a company's life, according to new data from research firm PitchBook.

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From Mediagazer

New York Times:
Sources: an Iranian-aligned militia in Iraq is seeking the release of several detained militia members in exchange for freeing journalist Shelly Kittleson

Neel Dhanesha / Nieman Lab:
Three independent journalists experiment with a 30-day bundle of their newsletters for $8.50, half the normal price, using a service called Trustfnd

Heather Bushman / Indianapolis Star:
Circle City Broadcasting lays off what staffers call a significant share of WRTV's staff, after buying the Indianapolis station from Scripps under an FCC waiver

More News

Ben Blanchard / Reuters:
TSMC does not expect China's gallium and germanium export curbs to have any “impact on TSMC's production”; a Chinese official warns the rules are “just a start”

Earlier Picks

Todd Spangler / Variety:
Spotify stops letting subscribers paying via Apple's App Store to use IAP as a payment method, after barring new subscribers from using Apple's IAP in May 2016
Allison Johnson / The Verge:
Samsung schedules its next Galaxy Unpacked event for July 26 at 7am ET in Seoul, where the Galaxy Z Fold 5, Z Flip 5, Watch 6, and new tablets are expected
Washington Post:
Source: the US State Department cancels its monthly 2024 election meetings with Meta, one day after a judge limited Biden officials' contact with tech companies
Kyle Wiggers / TechCrunch:
OpenAI forms Superalignment, a team for developing ways to steer and control “superintelligent” AI systems, with access to 20% of its compute secured to date
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