Techmeme
July 12, 2023, 12:30 AM

Top News

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.
More: The Verge, Washington Post, Bloomberg, Game Developer, Financial Times, Bloomberg, Wall Street Journal, Politico, Vox, VentureBeat, Reuters, Video Games Chronicle, Windows Central, NBC 7 San Diego, BIG by Matt Stoller, WinBuzzer, Stevivor, Seattle Business Journal, Newser, Press Start, TechSpot, ExtremeTech, Dot Esports, Fortune, PCMag, The Register, Ars Technica, Investor's Business Daily, iPhone in Canada Blog, Gizchina, Silicon Republic, KitGuru, TechRadar, Deadline, Android Authority, Livemint, Gamereactor UK, Gizmodo, RTÉ, Neowin, WRAL TechWire, Thurrott, Watcher Guru, Digital Trends, Polygon, GameSpot, The Information, The Hill, Push Square, Wccftech, TweakTown, New York Times, CNN, Kotaku, The Economic Times, and Variety
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.
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.
Ben Thompson / Stratechery:
Twitter's best defense against Threads may be to refocus on news and reactions from people you follow, leaving growth via algorithmic feeds to Threads  —  If you're only going to tweet once every 11 years, then you better make it count; the best way to do just that is to pull off a well-executed meme:
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.
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.
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.
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 …
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.
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.
Kyle Wiggers / TechCrunch:
Collective, a financial management service for freelancers offering bookkeeping, payroll, and tax tools, raised $50M, bringing its total funding to $82M  —  Collective, a platform and advisory team that provides bookkeeping, payroll and tax advice to freelancers, today announced it raised $50 million …

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Earlier Picks

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