| Dan Goodin / Ars Technica: |
Microsoft's disclosures about Chinese hackers accessing US government email accounts try to obscure the role of Microsoft's own vulnerabilities in the breach — Critics also decry Microsoft's “pay-to-play” monitoring that detected intrusions. — On Friday, Microsoft attempted to explain … | Jordan Novet / CNBC: |
The US Appeals Court for the Ninth Circuit denies the FTC's appeal for an injunctive relief to stop Microsoft's acquisition of Activision Blizzard from closing — In a victory for Microsoft, the U.S. Appeals Court for the Ninth Circuit late on Friday denied the Federal Trade Commission's appeal … | Tim Bradshaw / Financial Times: |
The UK CMA pushes back a deadline to block Microsoft's Activision deal from July 18 to August 29, which could let Microsoft complete the merger within weeks — New timetable from Competition and Markets Authority means $75bn transaction could be closed within weeks| Jahnavi Nidumolu / Reuters: |
Elon Musk says Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load — Elon Musk said Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load. — “Need to reach positive cash flow … | Matt Binder / Mashable: |
Some Reddit users report disappearance of their private messages from before 2023; Reddit says the move was announced on June 22 and is effective since June 30 — Many Redditors were caught off guard by the removal of their chat and message history. — The Reddit blackout protests … | Rhiannon Williams / MIT Technology Review: |
Study: ChatGPT helped writers complete tasks, such as writing press releases or reports, 40% faster and produce work that assessors scored 18% higher in quality — People who use ChatGPT to help with writing tasks are more productive and produce higher-quality work than those who don't, a study found.| Christopher Mims / Wall Street Journal: |
Twitter could become irrelevant if the trends driving Threads' success, like network effects, Elon Musk's self-inflicted wounds, and a different vibe, persist — Threads, from Instagram, has many distinct qualities that make it the first credible threat to Elon Musk's vision of what a social network should be| Sohee Kim / Bloomberg: |
A look at Sony-owned Crunchyroll, which has 100M+ registered members, including 11M paid subscribers, as the anime streaming service looks to India for growth — - President says new anime markets like India will drive growth — Global expansion helps owner Sony boost entertainment content| Brendan Pierson / Reuters: |
A US appeals court temporarily blocks a lower July 6 court order sharply limiting US government officials' and agencies' contacts with social media companies — A U.S. appeals court on Friday temporarily blocked a lower court order that had sharply limited certain Biden administration officials … | Newcomer: |
Despite a generative AI funding mania, data shows that other startup funding remains bleak, with valuations down and few IPOs, deals, and late-stage rounds — The slowdown in public offerings and late-stage financings puts startups in peril — The generative artificial intelligence mania … | Lora Kolodny / CNBC: |
On Twitter Spaces, Elon Musk says that xAI plans to work with Tesla on silicon and AI software, and train AI on public tweets “like basically everyone else has” — - During a live audio session on Twitter, owner and chairman Elon Musk said his new AI startup, xAI … | Semafor: |
| Sky News: |
Some Etsy sellers say the platform imposed a 45-day reserve on 75% of their income with no warning, as part of its Purchase Protection program to cover refunds — Sellers say the online marketplace is imposing a temporary reserve on their sales under its new ‘purchase protection programme’ … | Amanda Silberling / TechCrunch: |
Creator monetization platform Passes, founded in 2022, plans to acquire rival Fanhouse, founded in 2020; some creators are worried and one Fanhouse founder quit — The creator monetization platform Fanhouse announced yesterday that it was acquired by Passes, a similar startup that only launched in beta in December.| Matt Levine / Bloomberg: |
The Ripple ruling implies securities laws protect only sophisticated investors, the opposite of the US stock market's rule, and seems likely to work out poorly — Crypto tokens are securities unless you are anonymously dumping them on retail investors.| Tom Hals / Reuters: |
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| Bill Toulas / BleepingComputer: |
| Matt Wales / Eurogamer.net: |
| Tim Copeland / The Block: |
| Amanda Silberling / TechCrunch: |