Techmeme
July 8, 2023, 3:55 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 …
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 …
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 …
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 a buyback of 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 …
More: ReutersForums: r/baba

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Shopify: Revolutionizing Commerce with Winter Edition '26  —  Over 150+ new features transform how merchants build, design, and grow—with technology that amplifies creative vision.
Zoho:
The best time to become a Zoho Partner  —  The business world is not only changing but it is being rebuilt.  Customers want connected ecosystems that will help them automate, unify their data, and do more with less.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Big Technology Podcast:
OpenAI's 2026 Priority, Disney's AI Play, Datacenter Buildout Trouble
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
Australia Kicks Kids Off Social Media + Is the A.I. Water Issue Fake? + Hard Fork Wrapped
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Access:
Why the next AI frontier is phone calls, with Beside CEO Maxime Germain
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Great Chat:
So what happens after AGI?
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
Channels with Peter Kafka:
Lachlan Cartwright Started in Tabloids. Now He's a Must-Read Media Gossip.
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:55 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

Sarah Perez / TechCrunch:

Earlier Picks

Bloomberg:
Manish Singh / TechCrunch:
Shaurya Malwa / CoinDesk:
Kyle Wiggers / TechCrunch: