Techmeme
July 8, 2023, 5:25 PM

Top News

Jay Peters / The Verge:
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.
Turner Novak / The Split:
Tim Higgins / Wall Street Journal:
Garett Sloane / Ad Age:
Eugene Wei / Remains of the Day:
How a new TikTok-style algorithm and pay-to-play scheme ruined Twitter's complex but functional community, destroying a beloved social network  —  NOTE: I'd been working on this piece on and off for a few weeks while trying to move to NYC and settle into my new apartment …
Taylor Lorenz / Washington Post:
Twitter's biggest struggle is its arcane follow-based system, contrasted with TikTok's algorithmic feed that can allow users with no followers to reach millions  —  A series of disastrous missteps over the past year has robbed Twitter of its relevance  —  Alex Pearlman, a stand-up comedian …
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 …
Jonathan Stempel / Reuters:
X Corp. sues Wachtell to recover most of the $90M fee the law firm received from Twitter for defeating Elon Musk's bid to walk away from his $44B Twitter buyout  —  Elon Musk has sued the elite law firm Wachtell, Lipton, Rosen & Katz to recover most of a $90 million fee it received from Twitter …
Reuters:
Filing: Google says Indian antitrust body CCI's ruling on Android market abuse is wrongly backed by Amazon's arguments that Google hindered Fire OS development  —  - Google has challenged India decision on Android market abuse  — India antitrust body wrongly backed Amazon arguments-Google
Scharon Harding / Ars Technica:
BotDefense, a project run by volunteer mods for removing spam bots on r/gaming and other big subreddits, ceases operations over Reddit's “antagonistic actions”  —  Mod-made tool claims to have banned 144,926 spambot accounts.  —  The Reddit community is still reckoning …
Associated Press:
A judge orders NYC to temporarily delay new minimum pay standards for gig workers pending a July 31 hearing, after Uber, DoorDash, and Grubhub sued the city  —  A judge Friday ordered New York City to temporarily delay new minimum pay standards for app-based food delivery workers …
Lulu Yilun Chen / Bloomberg:
Ant Group is proposing to buy back up to 7.6% of shares at a ~$78.5B valuation, almost 70% lower than the $280B market capitalization of its scrapped 2020 IPO  —  Jack Ma-backed Ant Group Co. is proposing to buy back as much as 7.6% of shares in an effort to retain talent and offer an exit …

Sponsor Posts

Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Prospect:
A running list of the best startups to join  —  We've analyzed thousands of startups using the same data VCs use and distilled our list down to the top 2%.  Discover and join the next Stripe, Airbnb, or Coinbase today.
Zoho:
The evolution of remote support in telecommunications  —  Remote support, once a novel concept, has now become an indispensable tool in the telecom industry.  It offers a way to troubleshoot issues …
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Big Technology Podcast:
OpenAI's Big Week, Did Google Kill The Web, AWS CEO Resigns
The Big Technology Podcast, hosted by journalist Alex Kantrowitz, takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Techmeme Ride Home:
Fri. 05/17 - Reddit Embraces Its AI Role
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:25 PM ET, July 8, 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.

More News

Earlier Picks

Sarah Perez / TechCrunch:
Shaurya Malwa / CoinDesk:
Kyle Wiggers / TechCrunch: