| Jordan Novet / CNBC: |
A US court denies the FTC's preliminary injunction bid to stop Microsoft's Activision deal, as the FTC “has not shown it is likely to succeed” in showing harm — - A federal judge in San Francisco ruled in favor of Microsoft and Activision Blizzard, which have been trying to complete their $68.7 billion deal by July 18.| Tom Warren / The Verge: |
Microsoft and the UK CMA agree to a “stay of the litigation” to negotiate a restructured Activision Blizzard deal, after a US court denied the FTC an injunction — Microsoft and the UK's Competition and Markets Authority (CMA) have both agreed to pause their legal battle … | Mark Hachman / PCWorld: |
Intel plans to stop making its Next Unit of Compute (NUC) products, primarily known for small form factor PCs, ceding the market to its ecosystem partners — Intel's belt-tightening continues as it hands off small-form-factor PC development to Lian Li, Cooler Master, and others.| Rachel Metz / Bloomberg: |
Anthropic releases AI chatbot Claude 2, available in the US and the UK via claude.ai and an API for businesses; Anthropic has raised $1B+, $450M in May 2023 — Anthropic, an artificial intelligence startup positioning itself as the builder of a safer kind of chatbot, has released a new version of its AI bot, named Claude.| Kevin Roose / New York Times: |
Interviews with executives and staff at Anthropic reveal how an obsession with AI safety and ties to effective altruism influence the startup's decisions — Anthropic, a safety-focused A.I. start-up, is trying to compete with ChatGPT while preventing an A.I. apocalypse. It's been a little stressful.| Andy Greenberg / Wired: |
A US court sentences Roger Thomas Clark, Silk Road's second-in-command behind Ross Ulbricht, to 20 years, after his extradition from Thailand in June 2018 — Roger Thomas Clark, also known as Variety Jones, will spend much of the rest of his life in prison for his key role in building the world's first dark web drug market.| Susan Rinkunas / Jezebel: |
A Nebraska woman pleads guilty to ordering and helping her 17-year-old daughter take abortion pills after Meta complied with a warrant for messages between them — Jessica Burgess faced eight years in prison for helping her then 17-year-old get abortion pills. A plea deal brought it down to two.| Nikhilesh De / CoinDesk: |
The US DOJ arrests a security engineer on wire fraud and money laundering charges for “fraudulently” taking $9M in crypto from a DEX by faking pricing data — The DOJ alleged that Shakeeb Ahmed stole $9 million from a crypto exchange that operates on Solana, through a flash loan attack last year.| Michael Shirer / IDC: |
Global PC shipments fell 13.4% YoY to 61.6M in Q2 2023, the sixth consecutive quarter of decline; in the top five, only Apple gained, up 10.3% YoY to 5.3M units — Global PC shipments declined 13.4% year over year during the second quarter of 2023 (2Q23), according to preliminary results … | Julia Love / Bloomberg: |
Llion Jones, who co-authored the pioneering AI paper “Attention Is All You Need” at Google, plans to depart Google Japan later in July 2023 to launch a startup — An artificial intelligence researcher who co-authored one of Google's most influential papers in the field is leaving the company to launch a startup.| Aisha Malik / TechCrunch: |
Meta now lets users don avatars on Instagram and Messenger video calls and adds ways to share animated avatar stickers on Instagram, Messenger, and Facebook — Meta announced today that users can now use their avatars to answer and make video calls on Instagram and Messenger.| Kyle Barr / Gizmodo: |
Nothing plans to launch the Phone (2) for $599+ in the US, Europe, and the UK on July 17; the device has a Snapdragon 8+ Gen 1 and rear “glyph” lights in zones — The new device is an upgrade from the Phone (1)—a better processor, improved camera, and even more signature LED glyphs—with a $599 price tag.| Mike Isaac / New York Times: |
Threads can avoid Google+'s failure by not simply relying on the scale of Meta's existing products, but by giving users a compelling reason to keep coming back — Mark Zuckerberg has used Meta's might to push Threads to a fast start — but that may only work up to a point.| Matt Levine / Bloomberg: |
A breakdown of Elon Musk's misguided complaint against law firm Wachtell, which received $90M from Twitter for forcing Musk to complete the $44B Twitter deal — Oh Elon — Disclosure! A long time ago I used to work as a very junior mergers-and-acquisitions lawyer at Wachtell, Lipton, Rosen & Katz.| Nick Clegg / Financial Times: |
To mitigate AI's risks, companies should be transparent about how their systems work, collaborate across industries, stress test, and detail their progress — The case for transparency is growing as the best way to combat fears on the developing technology — The writer is president of global affairs at Meta| Echo Wang / Reuters: |
Sources: ByteDance will allow restricted shares held by US employees to vest before the company's IPO, in an effort to appease restless employees — ByteDance, the Chinese owner of short video app TikTok, will allow shares owned by U.S. employees to vest without waiting for the company … | Phil Salvador / Video Game History Foundation: |
Study: about 13% of video games released in the US before 2010 and less than 3% of titles in the US released before 1985 are still available for sale in 2023 — Today, the Video Game History Foundation and the Software Preservation Network published a major new study which shows that 87 percent … | Brody Ford / Bloomberg: |
Salesforce plans its first price hike in seven years by ~9% for some products like Tableau and Sales Cloud, effective August 2023 for new and existing customers — Salesforce Inc. is raising prices for the first time in seven years after introducing artificial intelligence features.| Katharine Gemmell / Bloomberg: |
London prosecutors accuse two UK teenagers of being key members of Lapsus$, which hacked BT's EE network in 2021 and Nvidia, Rockstar, Uber, and Revolut in 2022 — Two UK teenagers were accused of being key members of the notorious hacking group Lapsus$, with prosecutors alleging that the pair … | TechCrunch: |
India plans to levy a 28% indirect tax on online gaming, casinos, and horse racing, denying a distinction between a “game of skill” and a “game of chance” — India plans to impose a significant tax on the fund that online gaming firms collect from consumers in a major blow … | Reuters: |
WeChat says Apple opened a store on its platform, letting its users buy products including iPhones, iPads, and Macs; Apple already has a shop on Alibaba's Tmall — Tencent's (0700.HK) WeChat said on Tuesday that iPhone maker Apple (AAPL.O) had opened a store on its social media platform … | Frederic Lardinois / TechCrunch: |
Linux distribution company SUSE says it's creating a hard fork of Red Hat Enterprise Linux and plans to invest $10M into the project over the coming years — A storm is brewing in open-source land that could change the Linux distro landscape — Today, SUSE announced that it is creating … | Mark Maurer / Wall Street Journal: |
Accounting firm KPMG plans to invest $2B in AI and cloud services globally over the next five years through an expanded partnership with Microsoft — Expanded partnership with Microsoft is expected to bring in $12 billion in revenue for KPMG over five years, the Big Four accounting firm says
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