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Techmeme
September 2, 2024, 6:05 AM
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Top News

Mark Gurman / Bloomberg:
A look at Apple's strategy to keep execs, who wish to retire, around longer; sources: M4 Mac mini will have 5 USB-C ports, internal power supply, and no USB-A  —  Apple's succession strategy has come into focus with the upcoming exit of its chief financial officer.
New York Times:
How Brazil's experiment to fight fake news during the 2022 elections, giving a justice broad power to order social media content removal, led to the ban on X  —  To combat disinformation, Brazil gave one judge broad power to police the internet.  Now, after he blocked X, some are wondering whether that was a good idea.
Mike Masnick / Techdirt:
X is right to stand up to Brazil's unjust “hostage laws,” but Musk's fight highlights his cynical free speech stance after he caved to Modi's censorship demands  —  In the battle between Elon Musk and Brazil, there are no heroes — only two sides engaged in an epic display of hypocrisy and overreach.
New York Times:
Bluesky reports a record spike in usage as many X users in Brazil move to Bluesky and Threads; Brazil is X's fifth-largest international market, with 20M+ users  —  The platform went dark across Brazil on Saturday, sending online commentators to new digital town squares.
Nick Burns / Americas Quarterly:
A profile of Alexandre de Moraes as even some supporters wonder if the Brazilian Supreme Court judge has become too powerful and gone too far by banning X
New York Times:
Brazilian judge amends his order, no longer requiring Apple and Google to prevent downloads of X's app; those using a VPN to access X still face a ~$9K/day fine
Faiz Siddiqui / Washington Post:
Fidelity's latest valuation of X, 72% lower than when Musk took over, would mean top investor Prince Alwaleed bin Talal al Saud is down $1.4B and Ellison $720M  —  Elon Musk bought Twitter with a combination of his own money, bank loans and capital raised from friends and associates.
Reuters:
Sources: Pat Gelsinger aims to present Intel's board ideas to cut capex spending and more, like halting the $32B chip plant project in Germany or selling Altera  —  Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company's board of directors …
Jay Peters / The Verge:
A look at Sub.club, which aims to let users on ActivityPub-based platforms monetize content via subscriptions while taking a 6% cut, available in dev preview  —  The fediverse has the potential to help create enduring and interoperable social networks.  But many creators and businesses rely on bigger …
Amitoj Singh / CoinDesk:
According to a court filing on August 30, SEC seeks a change in the FTX's bankruptcy plan and says it may challenge any distributions involving crypto assets  —  The SEC said that it may challenge any transactions of distributions involving crypto assets to creditors.
Zack Abrams / The Block:
Dune Analytics: Pump.fun has generated over $100M in cumulative revenue from more than 1M memecoins created on the platform since its launch in January 2024  —  - Popular memecoin launchpad Pump.fun has made $100 million in cumulative revenue from more than one million memecoins since it launched in January of this year.

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This is a Techmeme archive page. It shows how the site appeared at 6:05 AM ET, September 2, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Ted Johnson / Deadline:
ABC sues the FCC, claiming the agency's investigations and regulatory actions are part of a Trump administration “retaliatory campaign” to curb its free speech

Svetlana Shkolnikova / Stars & Stripes:
Longtime Stars and Stripes publisher Max Lederer announces his retirement, saying his understanding of the outlet's “value and mission” differs from DOD plans

Emma Joyce / The Guardian:
Report: changing viewing habits and reduced commissioning by commercial networks have led to significant drops in TV dramas and children's shows in Australia

More News

Wall Street Journal:
Big YouTube shows including Hot Ones and Good Mythical Morning attract large audiences but aren't yet getting Primetime Emmy nominations and ensuing ad revenue

Earlier Picks

Eric Newcomer / Newcomer:
A look at the farcical situation at Bolt as it insists in a letter that Silverbear is on the hook to invest $200M; source: Bolt lost $310M on $27M 2023 revenue
Mishaal Rahman / Android Authority:
In a lawsuit, OSOM's ex-chief privacy officer alleges that the CEO of the smartphone startup misused funds to pay for his racing hobby and lavish lifestyle
Kevin Roose / New York Times:
A deep dive into AIO, a SEO-like technique that aims to influence AI models on specific topics by embedding targeted text on websites used for training data
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