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July 3, 2024, 12:10 PM
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Top News

Alex Heath / The Verge:
Mark Zuckerberg says Threads has 175M+ MAUs, up from 150M in April, ahead of its one-year anniversary on July 5; source: Meta may turn on ads in Threads in 2025  —  A year and a half ago, Threads was but a twinkle in Mark Zuckerberg's eye.  —  Now, the rival to Elon Musk's X has reached …
Casey Newton / Platformer:
Q&A with Adam Mosseri on Threads' first year, not leaning into political content, driving engagement, focusing on real-time content, the fediverse, and more  —  Programming note: With this post, we now go on a short summer break.  See you back here July 15.  —  A year ago this week, Meta introduced Threads to the world.
Emma Roth / The Verge:
Reddit users: Netflix is phasing out its cheapest $11.99/month ad-free tier for existing subscribers as planned, pushing its $6.99, $15.49, and $22.99 tiers  —  Netflix is following through on its plan to phase out its cheapest ad-free tier for existing subscribers.
Natasha Lomas / TechCrunch:
Proton launches Docs in Proton Drive, a privacy-focused alternative to Google Docs, after acquiring secure note-taking app Standard Notes in April 2024  —  Proton, the Swiss-based pro-privacy productivity app maker, has a new feather in its cap after bringing document creation …
Mark Gurman / Bloomberg:
Sources: Apple will get an observer role on OpenAI's board, with Phil Schiller chosen for the position, as part of their ChatGPT partnership announced in June  —  CDK Says ‘Substantially All’ Car Dealerships Restored After Hack  —  Northern Data May Be Testing Limits of AI Frenzy With Unit IPO
Shaurya Malwa / CoinDesk:
Blockchain platform Polkadot faces criticism from users after spending $87M in H1 2024, doubling its H2 2023 spend, including $36M+ on marketing and outreach  —  The blockchain spent $87 million in the first six months this year, with marketing activities accounting for the majority of expenses.
Cynthia Brumfield / CSO:
SCOTUS' Chevron ruling could weaken US federal cybersecurity regulations, as FCC data breach reporting requirements and other rules are likely to be challenged  —  The ruling could weaken almost all US federal cybersecurity regulations, including SEC incident reporting, FCC data breach reporting …
Rand Fishkin / SparkToro:
In 2024, 58.5% of Google searches in the US and 59.7% in EU result in zero clicks; for 1,000 searches, 374 clicks go to the open web in the EU and 360 in the US  —  Over the past decade, I've done several reports with multiple clickstream panels analyzing Google search behavior at scale.
Michael Nuñez / VentureBeat:
Meta shares its research on Meta 3D Gen, a system that creates high-quality 3D assets from text descriptions in less than a minute  —  Meta, the tech giant formerly known as Facebook, introduced Meta 3D Gen today, a new AI system that creates high-quality 3D assets from text descriptions in less than a minute.
Manish Singh / TechCrunch:
Koo, an Indian rival to X that had raised $60M+ from Tiger Global, Accel, and others, shuts down after last-resort acquisition talks with Dailyhunt collapsed  —  The Indian social media platform Koo, which positioned itself as a competitor to Elon Musk's X, is ceasing operations …
Chris Kornelis / Wall Street Journal:
Bruce Bastian, who co-created the popular word processing software WordPerfect and was an LGBTQ activist, died on June 16 at age 76  —  While his company was producing the world's dominant word-processing software, he came out as gay to his wife, sons and Mormon community
Paula Arend Laier / Reuters:
Brazil's data regulator suspends the validity of Meta's privacy policy for using personal data to train AI models in the country and sets a daily ~$8,800 fine  —  Brazil's National Data Protection Authority (ANPD) has decided to suspend with immediate effect the validity of Meta's (META.O) …
Jay Peters / The Verge:
Responding to criticism, Figma CTO Kris Rasmussen says Make Design is “powered by off-the-shelf models and a bespoke design system that we commissioned”  —  Figma says it didn't train the generative AI models it used and blames a ‘bespoke design system.’
More: Macworld, The Hindu, and NewsBytes
Threads: @ashzade_.  X: @gleb_sexy.  LinkedIn: Aarman Roy.  Forums: Hacker News and r/technology
Emanuel Maiberg / 404 Media:
Figma disables its recently launched generative AI app design tool Make Design, after a user showed it copied Apple's Weather when asked to design a weather app

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From Mediagazer

Cynthia Littleton / Variety:
A look at the challenges facing Skydance, including nearly $80B in gross debt and a commitment to achieve $6B in operational savings over three years

Brian Stelter / CNN:
The White House barred Politico from Air Force One Monday; sources: other outlets declined to take Politico's seat, leaving no primary print pooler on the trip

New York Times:
President Trump says his super PAC, MAGA Inc., will now pay for TV ads promoting him nationwide; AdImpact: $10M+ in taxpayer-funded ads have run since September

More News

Amy Thomson / Bloomberg:
UK-listed Keywords Studios, which provides game development, audio, and art services to clients such as Epic, agrees to a ~£2.1B takeover bid from PE firm EQT

Earlier Picks

Wall Street Journal:
The owners of about a third of US nuclear power plants are in talks with tech companies to provide electricity to new data centers needed to meet AI demand
Reuters:
An investigation of US police and court documents finds 30 complaints citing 200+ explicit videos and images of minors on OnlyFans since December 2019
Lauren Feiner / The Verge:
A US judge temporarily blocked a new Mississippi law that would require age verification for all and parental consent for teens to join some social networks
Jaspreet Singh / Reuters:
Meta says it will lift its ban on the word “shaheed”, or “martyr” in English, after its Oversight Board's year-long review found the approach to be “overbroad”
Financial Times:
Google says its greenhouse gas emissions have surged 48% in the past five years due to the expansion of the data centers that underpin its AI efforts
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