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Techmeme
July 26, 2023, 6:40 AM
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Top News

Ivan Mehta / TechCrunch:
Twitter changes its handle from @twitter to @X, Twitter Blue to @XBlue, @TwitterSupport to @Support, and more; the previous @X owner now uses @x12345678998765  —  Twitter has changed its official handle to @X as part of the ongoing rebranding.  As a result, the original @Twitter handle is now inactive …
Wall Street Journal:
Emails: X offers discounts on new video ads in the US and UK and warns advertisers that they will lose verified status unless they reach spending thresholds  —  Social-media site X is offering hefty discounts to lure back ad dollars  —  X Corp. is cutting ad prices as it tries to woo brands back to the Elon Musk-owned platform.
Vlad Savov / Bloomberg:
Elon Musk says the X rebrand isn't “simply a company renaming itself” but a move to remake Twitter into a platform for communications and financial transactions
Alphabet - Investor Relations:
Alphabet reports Q2 revenue up 7% YoY to $74.6B, net income of $18.37B, up from $16B YoY, and Google Cloud revenue of $8.03B, up from $6.28B YoY; GOOG jumps 6%+  —  Announces Plans for Chief Financial Officer Transition and Appointment of President and Chief Investment Officer MOUNTAIN VIEW …
Ivan Mehta / TechCrunch:
Google says 2B+ logged-in monthly users are watching YouTube Shorts, up from 1.5B+ in June 2022, and YouTube is reaching 150M people on their TVs in the US  —  Google said today that more than 2 billion logged-in monthly users are watching YouTube Shorts, giving it an edge over competitors like TikTok and Instagram Reels.
More: CNBC
CNBC:
Alphabet CFO Ruth Porat will become the President and Chief Investment Officer of Alphabet and Google, overseeing Other Bets, effective September 1, 2023
Microsoft - Investor Relations:
Microsoft reports Q4 net income up 20% YoY to $20.1B, revenue up 8% YoY to $56.2B, Office Commercial up 12% YoY, Dynamics 365 up 26% YoY, and LinkedIn up 5% YoY  —  , as compared to the corresponding period of last fiscal year:  · Revenue was $56.2 billion and increased 8% (up 10% in constant currency)
Jordan Novet / CNBC:
Microsoft reports Q4 Intelligent Cloud revenue up 15% YoY to $23.99B, vs. $23.79B est., with Azure and other cloud services revenue up 26% YoY
Tom Warren / The Verge:
Microsoft reports Q4 devices revenue down 20% YoY, overall gaming revenue up 1% YoY, Xbox hardware revenue down 13% YoY, and Windows OEM revenue down 12% YoY
Hadlee Simons / Android Authority:
Evan Blass leaks over a dozen images ahead of Samsung Unpacked, showing the Galaxy Z Fold 5, Z Flip 5, new Galaxy Watch 6, Galaxy Tab S9 tablets, and more  —  All we need to know at this stage is pricing and availability details.  —  •  —  TL;DR  — A long-time leaker has posted …
Ben Tarnoff / The Guardian:
A profile of Joseph Weizenbaum, who created the first chatbot in 1966 but turned against AI, believing the computer revolution constricted our humanity  —  Computer scientist Joseph Weizenbaum was there at the dawn of artificial intelligence - but he was also adamant that we must never confuse computers with humans
Jason Nelson / Decrypt:
OpenAI shuts down its AI classifier for indicating AI-written text, citing “its low rate of accuracy”, and will research “more effective provenance techniques”  —  In January, artificial intelligence powerhouse OpenAI announced a tool that could save the world …
George Hammond / Financial Times:
Anthropic, Google, Microsoft, and OpenAI launch the Frontier Model Forum, aiming to ensure “the safe and responsible development of frontier AI models”  —  Anthropic, Google, Microsoft and OpenAI team up to establish best practices but critics argue they want to avoid regulation
Josh Sisco / Politico:
Sources: the FTC is finalizing its antitrust suit against Amazon and is likely to file its case in federal court rather than its own tribunal as soon as August  —  A case would be a high-water mark for FTC Chair Lina Khan who gained prominence criticizing the company's dominance.
David Pierce / The Verge:
The Browser Company launches Arc on macOS and iOS after a two-year waitlist; the browser helps users take notes, redesign webpages, organize tabs, and more  —  Arc, the Mac and iOS browser from The Browser Company, is finally ditching its waitlist.  The company has been testing the app …
Anto Antony / Bloomberg:
A profile of Indian edtech giant Byju's CEO Byju Raveendran, who has been in crisis mode for months but hopes to raise a $1B equity investment as soon as August  —  - Indian firm has struggled to overcome issues with liquidity  — US investors accused Byju's of hiding half a billion dollars
More: Livemint, Tech in Asia, MediaNama, Reuters, and TechCrunch
LinkedIn: Anto Antony.  Twitter: @pelstrom and @kanthan2030

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About This Page

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From Mediagazer

Tom Jones / Poynter:
At Pete Hegseth's first press conference in months, reporters were threatened with physical removal, and he largely ignored questions from the traditional press

Oliver Darcy / Status:
Sources: Mary Hager, senior executive producer of CBS News' Face the Nation and executive editor of politics, is leaving after over three decades at the network

Naman Ramachandran / Variety:
ITV says its £1.6B Media & Entertainment unit sale to Comcast-owned Sky is on track for H2 2027, and reports January to September revenue down 1% YoY to £2.76B

More News

Jeff Wilser / CoinDesk:
A look at the origins of Worldcoin's eye-scanning orb, how the company is trying to safeguard user privacy, its tokenomics, policy challenges, and more
Lauren Tara LaCapra / The Information:
Former employees detail how the Apple Card partnership between Apple and Goldman Sachs soured; a source says Apple Card had ~10M users as of earlier this year

Earlier Picks

Jonathan Vanian / CNBC:
Snap reports Q2 revenue down 4% YoY to $1.07B, vs. $1.05B est., DAUs up 14% YoY to 397M, vs. 395M est., and Q3 revenue forecast below est.; SNAP drops 16%+
Richard Lawler / The Verge:
OpenAI releases ChatGPT for Android in the US, Bangladesh, and Brazil, and plans to launch in more countries next week
Tim Perry / HTTP Toolkit:
As open web advocates raise concerns over the Web Environment Integrity proposal, a look at a similar Apple system shipped in 2022 to make Captchas unnecessary
TechCrunch:
Threads adds an option for a chronological feed of posts from people the user follows
Raffaele Huang / Wall Street Journal:
Sources: TikTok plans to launch an e-commerce business in the US in early August to sell made-in-China goods to consumers and rival Shein and Temu
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