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July 15, 2023, 11:45 PM
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| Jahnavi Nidumolu / Reuters: |
Elon Musk says a ~50% ad revenue drop and a heavy debt load kept Twitter cash flow negative; he said in March 2023 the company could be cash flow positive in Q2 — Elon Musk said Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load.
More: Agence France-Presse, Fox Business, The Information, PhoneArena, Associated Press, Bloomberg, AppleInsider, CNBC, Mashable, Techlusive, Engadget, Forbes, TheGamer, Reuters, Fortune, Slate, and International Business Times
Bluesky: @mousterpiece.bsky.social, @mikebeas.com, @jesseltaylor.bsky.social, @yuriy.galanter.net, and @swilliams.bsky.social. Mastodon: @harrymccracken@sfba.social
Twitter: @elonmusk, @austinj, @rmac18, @ridim_luv, @wallstcynic, @lolgop, @ivanthek, @buccocapital, @mattboxer94, @superpixels, @gordonjohnson19, @rammitycap, @kurtwagner8, @clarajeffery, @gaetendugas, @devin_gain, @followtheh, @oalexanderdk, @danprimack, @briannawu, @sarahfrier, @cullend, @edzitron, @dsdoc97, @dkthomp, @mcuban, @netcapgirl, @rakeshlobster, @zaackhunt, @nycsouthpaw, @highyieldharry, @secretcfo, and @lordravenscraft
Threads: @carnage4life, @carnage4life, and @buccocapital
Forums: r/business, r/technology, and r/elonmusk
| Igor Bonifacic / Engadget: |
Bluesky adds the N-word to a “reserved” words list, after users reported that some usernames include the slur, highlighting the site's ongoing moderation issues — The oversight highlighted an ongoing moderation issue at the platform. — Before this week, Bluesky …
More: Scripting News. LinkedIn: Scott Hirleman. Bluesky: @bsky.app, @smenor.com, @sheenaquatro.bsky.social, @epro.social, @reelearlypod.bsky.social, @jaynova.bsky.social, @rubyroberts.bsky.social, @oldunclemalky.bsky.social, @ichneumonidae.bsky.social, @rasmansa.bsky.social, @jay.bsky.team, and @richburroughs.dev
Twitter: @themckenziest, @thatdangphil, @themckenziest, @kimcrayton1, @keithdsouza, and @growing_daniel. Threads: @carnage4life. Forums: Beehaw
| Dan Goodin / Ars Technica: |
Microsoft's disclosures about Chinese government hackers accessing US government email accounts try to obscure the role of the company's zero-days in the breach — Critics also decry Microsoft's “pay-to-play” monitoring that detected intrusions. — On Friday, Microsoft attempted to explain …
More: BleepingComputer, Microsoft Security Blog, CRN, GeekWire, The Record, and Reuters
LinkedIn: Henri Davis. Mastodon: @remixtures@tldr.nettime.org, @kusuriya@hackers.town, @dangoodin@infosec.exchange, @GossiTheDog@cyberplace.social, @mttaggart@infosec.exchange, @GossiTheDog@cyberplace.social, and @arstechnica@mastodon.social
Twitter: @lawrpaulson, @brianweeden, @alexanderchopan, @john_bresnahan, @matthewlennig, and @quinnypig
Forums: Hacker News, r/cybersecurity, r/technology, and Ars OpenForum
| Alex Ivanovs / Stack Diary: |
Brave appears to be selling copyrighted data for AI training and giving third parties the “rights” to that data, while not disclosing its own robot crawler — And even though there are some concerns about the type of data that was used [...] — I'm fairly certain …
Mastodon: @the_turtle@mastodon.sdf.org, @derekmceachern@infosec …, and @carnage4life@mas.to
Twitter: @jbaert and @kirillzubovsky
Forums: Hacker News and r/privacy
| Tim Bradshaw / Financial Times: |
The UK CMA pushes back its July 18 deadline to block Microsoft's Activision Blizzard acquisition to August 29, which could mean the deal closes within six weeks — New timetable from Competition and Markets Authority means $75bn transaction could be closed within weeks
More: Cult of Mac, TweakTown, Thurrott, GameSpot, The Information, Techdirt, Gameranx, GamesIndustry.biz, Reuters, Video Games Chronicle, GamingBolt, iPhone in Canada Blog, Engadget, Eurogamer.net, Neowin, and The Verge
Twitter: @tomwarren, @benjisales, @dmoptions, @fosspatents, @gameoverthirty, @fosspatents, @fosspatents, and @jaywood2010
Forums: r/pcgaming, r/XboxSeriesX, and r/xboxone
| Jordan Novet / CNBC: |
The US Court of Appeals for the Ninth Circuit denies the FTC's motion for an injunctive relief to stop Microsoft's Activision Blizzard acquisition 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 …
More: United States Court of Appeals for the Ninth Circuit, Forbes, Eurogamer.net, Windows Central, The Verge, GamesIndustry.biz, Game Rant, TechRadar, ChinaTechNews.com, BigTechWire, Appuals.com, OnMSFT.com, Neowin, Video Games Chronicle, The Hill, Pure Xbox, VentureBeat, Thurrott, VG Charts, IGN, Wall Street Journal, Engadget, CNN, Bloomberg, GamingBolt, and Blue's News
Mastodon: @NotPatrick@mastodon.social. Twitter: @bradsmi, @tomwarren, @tomwarren, @destinlegarie, @jasonschreier, @tomwarren, @carlstwitt, @thurrott, @stephentotilo, @bdsams, @macton93, @videotechx, @bdsams, and @tomwarren
Forums: r/law, r/technology, and r/neoliberal
| 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.
More: Mashable and MakeUseOf
Bluesky: @extraface.bsky.social. Mastodon: @carnage4life@mas.to. Twitter: @stopsatgreen, @mrbumpyface, @hciphdstudent, @glenngabe, @oosthuizen_izak, @csoleil, @dwaynephillips, and @jarviska
| Anna Tong / Reuters: |
Some tech insiders say that generative AI won't save San Francisco's economy and commercial real estate woes as AI startups bring fewer jobs and automate work — In a frenzy unseen since the birth of social media in the early 2000s, investors are pouring billions into generative AI and fueling a startup boom in San Francisco.| 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
More: Tech in Asia and Livemint
LinkedIn: M. Darren Traub, Christopher Herron, and Brian Eley
Twitter: @ritsukoandos, @moonkittynet, @alephblog, @omdiahq, @sidcoins, and @soheefication
Forums: r/television and r/boxoffice
| 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 … | 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’ …
Bluesky: @janety.bsky.social. Twitter: @underachievr, @goddesssophia_1, @jaimesm50569428, @erincheshirecat, @leanorfolk, @tinywargames, @oh_someday_, @aprilrosiekay, and @beezeeart
| 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
More: Associated Press, Insider, Fox Business, Los Angeles Times, Fast Company, and Android Headlines
Mastodon: @bellaale@mastodon.social and @mimsical@mastodon.social
Twitter: @jgarzik, @gimmethetea, @brokergreen, @jgarzik, @paul__armstrong, @mknz, and @wsj
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