Techmeme
July 6, 2023, 8:00 PM

Top News

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 …
More: Ars Technica, BBC, The Information, Wall Street Journal, 9to5Google, The Register, Livemint, The i Paper, The Hill, The Guardian, Gizmodo, Insider, PCMag, CNN, Engadget, Barron's Online, MacRumors, Silicon Valley Business …, Dexerto, Reuters, USA Today, The Verge, NBC News, WPRI.com, Techdirt, Mashable, Newser, Variety, Financial Times, Los Angeles Times, TechSpot, The Week, MobileSyrup, AppleInsider, New York Times, Wccftech, NPR, The Apple Post, Sportico.com, Social Signals, 9to5Mac, Tech Xplore, The Sun, Bloomberg, Fortune, Neowin, Politico, SlashGear, Cryptopolitan, New York Post, and Watcher Guru
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 …
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.
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, Meta, The Guardian, PCMag, TechCrunch, TechCrunch, Android Authority, 9to5Mac, NBC News, Reuters, TechCrunch, The Verge, Tech.co, Cointelegraph, SlashGear, Social Media Today, TIME, Pureinfotech, Silicon Valley Business …, New York Post, Supercharged, and MacRumors
Eugen Rochko / Mastodon Blog:
Tim Bradshaw / Financial Times:
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.
Nathan Crooks / The Block:
Report: Binance GC Han Ng, Chief Strategy Officer Patrick Hillmann, and compliance SVP Steven Christie are leaving Binance over CZ's response to the DOJ's probe  —  - Top executives at Binance resigned this week over CEO Changpeng Zhao's handling of regulatory investigations into the company, Fortune reported, citing sources.
Kyle Wiggers / TechCrunch:
OpenAI releases its GPT-4 API in general availability, giving all paying developers access and planning to give new developers access by the end of July 2023  —  OpenAI today announced the general availability of GPT-4, its latest text-generating model, through its paid API.
More: OpenAI, SiliconANGLE, and Neowin
Twitter: @openai, @openai, and @officiallogank.  Forums: Slashdot
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.
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 …
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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Earlier Picks

Bloomberg:
Kyle Wiggers / TechCrunch: