| Adi Robertson / The Verge: |
Elon Musk claims “block is going to be deleted as a ‘feature’, except for DMs”, without giving any details, in a reply to a user's X post about block vs. mute — Elon Musk says X's — formerly Twitter's — block feature is on the chopping block … | Pete Evans / CBC News: |
Evacuees from the wildfires threatening Yellowknife say that Meta's news fight with Canada's government makes it harder for them to share lifesaving information — Meta notes government sources not blocked as northerners duck ban by sharing screenshots of information| David Ljunggren / Reuters: |
Canadian Heritage Minister Pascale St-Onge demands that Meta lift its “reckless” news ban on Facebook and Instagram for the safety of people fleeing wildfires — The Canadian government on Friday demanded that Meta (META.O) lift a “reckless” ban on domestic news from its platforms … | Bloomberg: |
Draft IPO filing: Arm's revenue fell 1% YoY to $2.68B in its fiscal year ended on March 31, 2023; sources: Arm plans to sell ~10% of its shares in its listing — - Decline in revenue is according to US accounting standards — Arm's parent SoftBank posted gains for unit under IFRS| Anirban Sen / Reuters: |
Sources: SoftBank acquired a 25% stake in Arm from its Vision Fund unit at a $64B valuation and plans to make the chip designer's IPO filing public on August 21 — SoftBank Group Corp (9984.T) has acquired the 25% stake in Arm Ltd it does not directly own from its Vision Fund unit in a deal … | David Jeans / Forbes: |
Credit card processor Checkout.com cuts its Binance contract short over regulatory “actions and orders in relevant jurisdictions” and money laundering concerns — Checkout.com, the London-based credit card processing company that ballooned its business model by servicing billions … | Bloomberg: |
Email: Amazon offers some creators up to $12,500 for 500 videos, or $25 per video, for its TikTok-like shopping feed; creators typically charge $200+ per video — - Content creators typically charge more than $200 a pop — Amazon.com Inc., looking to amp up its TikTok-like shopping feed … | Zeke Faux / Bloomberg: |
An excerpt from the book Number Go Up traces “wrong number” texts to Chinese gangs in Cambodia and Myanmar using forced labor to run pig butchering Tether scams — The mysterious WhatsApp message arrived one night in August 2022, while I was out at a bar with a friend: “Hi David, I'm Vicky Ho don't you remember me?”| Jay Peters / The Verge: |
Meta updates Threads with a Repost tab on users' profile pages and adds reposts to the reverse-chronological Following feed — Threads is adding reposts (aka retweets) to its reverse-chronological “Following” feed, Instagram head Adam Mosseri announced in a Threads post on Thursday.| Simon Sharwood / The Register: |
Private equity firm EQT plans to take German software company SUSE private at €16/share, below its 2021 IPO's €30 price but above August 17's €9.6 closing price — Buyout offer is at €16 per share, compared to €30 at its 2021 IPO — Linux-loving software house SUSE … | MK Manoylov / The Block: |
OpenSea plans to make creator fees optional for new collections from August 31 and enforce creators' preferred fees on all secondary sales through February 2024 — - OpenSea has opted to make creator fees optional for new collections, starting in September.| Taylor Hatmaker / TechCrunch: |
Twitch plans to roll out a long-requested anti-harassment feature within weeks that automatically blocks a streamer's banned users from watching their streams — Twitch's chat ban tools have been around for ages, but the platform is about to hand streamers a way to control who can watch a stream to begin with.
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