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July 16, 2023, 12:45 AM
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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, PhoneArena, The Information, Deadline, Associated Press, Bloomberg, CNBC, Mashable, Engadget, Forbes, TheGamer, Reuters, Fortune, Techlusive, Slate, AppleInsider, 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, @jay.bsky.team, @richburroughs.dev, and @rasmansa.bsky.social
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
| Amaka Nwaokocha / Cointelegraph: |
The US SEC acknowledges BlackRock's and Bitwise's spot bitcoin ETF applications, indicating the commencement of the official review process for the proposals — The SEC's acknowledgment indicates the commencement of the official review process for BlackRock's ETF proposal. — 2279 Total views
More: Decrypt, crypto.news, Blockchain News, The Daily Hodl, ZyCrypto, Cryptonews, Cryptopolitan, Watcher Guru, CryptoSlate, The Block, Metaverse Post, and CoinGape
Forums: r/ethtrader, r/Hedera, and r/CryptoCurrency
| 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/xboxone, and r/XboxSeriesX
| Jordan Novet / CNBC: |
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
| Anastasia Stognei / Financial Times: |
Russia bans officials and state employees from using Apple devices for “work purposes”, after the FSB claimed Apple helped the NSA surveil Russian iPhone users — FSB enforces crackdown on use by state officials after claiming it uncovered an espionage operation using Apple devices| 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 fix San Francisco's economic and commercial real estate woes as the 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.| Ben Jiang / South China Morning Post: |
Alibaba's food delivery service Ele.me commits to bring more social security and welfare benefits to its ~3M couriers, after a similar move by JD.com in March — Alibaba Group Holding-backed Chinese food delivery service Ele.me has committed to bring more social security and welfare benefits …
More: Reuters
| 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 … | 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
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