Techmeme
July 14, 2023, 1:20 PM

Top News

Taylor Lorenz / Washington Post:
Twitter's creators program makes its first payouts, including to far-right influencers like Andrew Tate, who made over $20K, Ian Miles Cheong, and Benny Johnson  —  The platform is paying high-profile creators, including Andrew Tate, thousands of dollars for posting to the app
Amanda Silberling / TechCrunch:
Twitter starts paying Twitter Blue creators who earned 5M+ impressions per month for three months a revenue cut from the ads beside the replies to their tweets  —  Twitter is now paying creators for a share of the ad revenue earned from ads served in the replies to their posts.
Andrew Webster / The Verge:
SAG-AFTRA: AMPTP's AI proposal lets studios scan a background actor to create a digital likeness, for a day's pay, for perpetual use without consent or pay  —  During today's press conference in which Hollywood actors confirmed that they were going on strike, Duncan Crabtree-Ireland …
Michael Schulman / New Yorker:
Netflix's Orange Is the New Black was an early indicator of how lopsided the streaming economy would be, as 10 actors from the show detail tiny residual incomes  —  The innovative and daring show was a worldwide hit for Netflix, but some of the actors say that they were never fairly compensated.
Hayden Field / CNBC:
Sensor Tower: on July 11 and 12, Instagram's Threads DAUs were down ~20% from July 8 and the time spent by the user on the app fell 50% to 10 minutes  —  - Facebook's Twitter-killer, Threads, has seen drops in daily active users and time spent on app since the weekend, according to SensorTower and SimilarWeb.
Tim Copeland / The Block:
Multichain ceases operations after the crypto bridging protocol's CEO Zhaojun and his sister, who held ~$220M of user assets, were detained by Chinese police  —  - Multichain confirmed its CEO has been detained in China.  — It said the CEO's sister moved $220 million of funds …
Reuters:
Twitter sues four unnamed entities in Texas for “unlawfully scraping data” and seeks $1M+ in relief; Elon Musk links the move to recent rate limit rules  —  Twitter has filed a lawsuit against four unnamed entities in Texas for data scraping last week, a move that showed …
Bloomberg:
Sources: Microsoft and Activision Blizzard mull the sale of some UK cloud-based gaming rights to a telecom, gaming, or internet company to appease regulators  —  - Companies may give up some control of UK cloud gaming unit  — US, UK regulators have come out against the $69 billion deal
Bloomberg Law:
Aoyon Ashraf / CoinDesk:
After the US court ruling, Coinbase, Kraken, and Bitstamp resume XRP trading on their US exchanges and Gemini is exploring listing the token  —  U.S. federal court ruled on Thursday that sale of XRP tokens on exchanges and through algorithms did not constitute investment contracts.
Tom Hals / Reuters:
Sarah Perez / TechCrunch:
Twitter aims to reduce DM spam with a setting that moves messages from Blue users you don't follow back to the Message Request inbox instead of the main inbox  —  As Twitter fends off new competition from Instagram Threads, the company today announced a change designed to cut down on spam in users' inboxes.
More: Dexerto, Techlusive, Social Media Today, and Engadget
Bluesky: @jww.wtf and @setia.inkTwitter: @twittersupportForums: r/RealTesla
Jay Peters / The Verge:
Reddit plans to sunset its current coins and awards systems used to show appreciation for a post by September 12, 2023; users can no longer purchase new coins  —  Reddit is sunsetting its current coins and awards systems, meaning you soon won't be able to thank a kind stranger for giving you Reddit Gold for one of your posts.

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Earlier Picks

Jordan Novet / CNBC:
Jon Porter / The Verge:
Sapna Maheshwari / New York Times:
Tim Hardwick / MacRumors:
Sam Schechner / Wall Street Journal: