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July 7, 2023, 4:45 PM
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Lauren Feiner / CNBC:
Less than two days after launch, Mark Zuckerberg says Threads signups reached 70M, which is “way beyond our expectations”  —  - Meta's new Twitter competitor Threads has exploded in growth in its first full day since its public debut Wednesday night, fueled by Instagram's already massive userbase.
Jay Peters / The Verge:
Adam Mosseri says Threads will not “encourage” politics and “hard news” as such content brings scrutiny that isn't worth the “incremental engagement or revenue”  —  / Adam Mosseri ran Facebook's News Feed in 2016, and now he tells Alex Heath that politics …
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
More: Wired, TechCrunch, New York Times, The Hill, The Guardian, Thurrott, HotHardware, BetaNews, The i Paper, Associated Press, Washington Post, CBS News, Pocket-lint, Guinness World Records, CryptoSlate, Cryptopolitan, NBC Bay Area, MobileSyrup, Engadget, Observer, The Hollywood Reporter, Axios, Vox, Bloomberg, Forbes, Tom's Guide, PCMag, PC Gamer, Neowin, Silicon Valley Business …, Financial Times, ICYMI, NBC News, Digit, TweakTown, Coinmonks, O'Grady's PowerPage, Dexerto, Memeburn, WRAL TechWire, International Business Times, Coinspeaker, Tech.co, VICE, Mashable, TechRadar, Silicon Republic, The Korea Herald, Disconnect, Business Post, Laptop Mag, SlashGear, BBC, PhoneArena, GSMArena.com, The Guardian, Reuters, TIME, Barron's Online, Variety, Livemint, Digital Trends, TheGamer, BizTech News, Tech Xplore, BigTechWire, The Information, PYMNTS.com, Forrester, Chennai Print, Fortune, New York Times, Wall Street Journal, Supercharged, 9to5Mac, TechCrunch, Platformer, The Verge, and Daring Fireball
Twitter: @finkd, @lindayacc, @elonmusk, @nikitabier, @elonmusk, @nikamelkozerova, @jason_kint, @cb_doge, @mosseri, @levie, @timcast, @junlper, @letterboxd, @emoswaggy, @aries_menace, @nikitabier, @noupside, @techemails, @danprimack, @adamkovac, @thomas_violence, @balajis, @micsolana, @jamestitcomb, @samcoatessky, @asemota, @samro, @amnesty, @ashcryptoreal, @picketer, @max_oats, @s8mb, @robdelaney, @wongmjane, @prawn_meat, @mikko, @gojomo, @pragdua, @mikeisaac, @mkupperman, @benedictevans, @jappleby, @b_fung, @sarthakgh, @instagram, @oneunderscore__, @andrewmacfnz, @campbell_brown, @gregisenberg, @kantrowitz, @mikeisaac, @austen, @elonmusk, @danprimack, @esqueer_, @andy_staples, @libsoftiktok, @anothercohen, @mattnavarra, @tomwarren, @kantrowitz, @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, @alexeheath, @caseynewton, @howfxr, @luxeprogressive, @tomwarren, @vladsavov, @teroterotero, and @divestech
Threads: @mosseri, @zuck, @zuck, @mosseri, @kayvonmusic, @fazeclan, @instagram, @aliterative, @mosseri, @yung_pueblo, @caseyrain, @japanoninsta, @carnage4life, @carnage4life, @0xjessel, @carnage4life, @mosseri, @mosseri, @mosseri, @itselavia, @zuck, @zuck, @zuck, @davecamarillo, @jeremysliew, @naomigleit, @mosseri, @whatsapp, @taylorlorenz, @eorlins, @absolutelyashika, @milliegooch, @zuck, @tobi, @h1brd, @taylorlorenz, @alokvmenon, @aoc, @thisisbillgates, @davidmarcus, @gerekmeinhardt, and @mosseri.  Forums: r/technology
See also Mediagazer
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
Mark Gurman / Bloomberg:
Sources: Apple plans an appointment-only retail launch of its $3,500 Vision Pro in the US in early 2024, starting with stores in NYC, LA, and other major cities  —  Apple Inc. is planning a retail launch of its Vision Pro headset with appointments and in-store promotion in select US markets early next year …
Sarah Wynn / The Block:
Gemini sues DCG and its founder; Cameron Winklevoss accuses Barry Silbert of being “the architect and mastermind of the DCG and Genesis fraud against creditors”  —  - Crypto exchange Gemini sued Digital Currency Group and its founder on Friday, accusing Barry Silbert of being …
Shaurya Malwa / CoinDesk:
Crypto bridging protocol Multichain confirms an exploit impacted $130M in user-supplied tokens and recommends “all users suspend the use of Multichain services”  —  “It is recommended that all users suspend the use of Multichain services and revoke all contract approvals related to Multichain," developers said early Friday.
Takashi Mochizuki / Bloomberg:
Sega co-COO Shuji Utsumi says the company plans to shelve its own blockchain games and skip blockchain projects for its biggest franchises to avoid devaluation  —  Sega Corp., the gaming studio once regarded among the staunchest advocates of blockchain gaming, is pulling back from an arena devastated …
New York Times:
Uber, DoorDash, and Grubhub sue NYC, seeking to block the city's new minimum pay standard that increases the hourly wage for gig workers to ~$18 and $20 by 2025  —  Uber, DoorDash and Grubhub argued that the city used poor data to calculate how much food delivery workers should earn and that the change would hurt consumers.
Bloomberg:
The People's Bank of China fines Ant Group ~$984M for violating laws in consumer protection, anti-money laundering, and more, ending over two years of probes  —  China imposed more than $1 billion in fines on tech giants Ant Group Co. and Tencent Holdings Ltd., signalling an end to a crackdown …
Frederick Munawa / CoinDesk:
Lightning Labs unveils tools that let developers create AI agents to leverage GPT function calls to hold, send, and receive bitcoin via the Lightning Network  —  “We are in the realm of enabling use cases that weren't previously possible,” Lightning Labs CEO Elizabeth Stark told CoinDesk.

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From Mediagazer

Katie Deighton / Wall Street Journal:
WME is selling sports marketing agency 160over90 to Publicis Groupe for, sources say, $500M+; WME bought the agency in 2018 for about $200M

Variety:
Sources: the legal team for Paramount President Jeff Shell has engaged in preliminary talks about a possible exit from the company, where he was hired in 2024

Erik Wemple / New York Times:
Judges have now cited verbal attacks on the press by Trump and appointees when ruling against the US government in at least three cases involving news outlets

More News

Earlier Picks

Kara Carlson / Austin American-Statesman:
Volkswagen starts testing autonomous driving in Austin, its first US program, beginning with a small fleet of ID. Buzz EVs equipped with VW and Mobileye tech
New York Times:
Sources: the FBI searched Kraken co-founder Jesse Powell's home in March 2023, as part of US prosecutors' probe into claims he hacked a nonprofit he founded
Nathan Crooks / The Block:
Report: Binance General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and compliance SVP Steven Christie quit over CZ's response to the DOJ's probe
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
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