| Alexa Corse / Wall Street Journal: |
Internal memo: Twitter CEO Linda Yaccarino tells employees that the platform is “on a mission to become the world's most accurate real-time information source” — Linda Yaccarino, who joined company last week, describes her mission to employees| Reuters: |
Jack Dorsey says India threatened to shut down Twitter unless the company complied with orders during the farmer protests, a claim India calls an “outright lie” — Twitter was threatened with shut down in India, Nigeria and Turkey unless it complied with orders to restrict accounts … | Vishal Chawla / The Block: |
SDNY releases documents in which an ex-SEC director suggested ether and bitcoin were not securities in 2018, which crypto advocates say undermines the SEC — - Certain documents related to former SEC director William Hinman have been released in the SEC's lawsuit against Ripple Labs.| Casey Newton / Platformer: |
Reddit's API pricing changes stem from LLMs driving up the value of the site's data, an upcoming IPO, and third-party apps generating no revenue for the company — As it moves to shut down third-party apps, the site's self-governing ethos comes back to haunt it — I.| Wall Street Journal: |
Sources: Microsoft and OpenAI's unusual deal created internal conflict, including over transparency, sales pitches, and Microsoft's spending on in-house AI — As the companies lead the AI boom, their unconventional arrangement sometimes causes conflict — Microsoft and OpenAI's partnership … | Mark Savage / BBC: |
Paul McCartney says AI helped “extricate” John Lennon's voice from an old demo to complete what he calls “the final Beatles record”, set for release in 2023 — Sir Paul McCartney says he has employed artificial intelligence to help create what he calls “the final Beatles record”.| CNBC: |
The US FTC files for a temporary restraining order and preliminary injunction to block Microsoft's acquisition of Activision Blizzard — - The FTC on Monday filed a temporary restraining order and preliminary injunction seeking to block Microsoft's proposed acquisition of Activision Blizzard.| Ivan Mehta / TechCrunch: |
YouTube lowers requirements to monetize under the Partner Program, including creators only needing 500 subscribers, down from 1,000, and fewer watch hours — YouTube is lowering the requirements for creators to get access to monetization tools under the YouTube Partner Program (YPP).| Molly White: |
Unpacking Coinbase's flawed talking points in its battle with the SEC, including the argument that “securities laws written in the 1930s can't apply to crypto” — Coinbase is trotting out its usual flawed arguments now that it's facing a lawsuit from the SEC, and more pushback is needed.| Wall Street Journal: |
Sources: Netflix is in talks to livestream its first sporting event this fall, a celebrity golf tournament with professional golfers and Formula One drivers — Tournament to include celebrities from Formula One series ‘Drive to Survive’ and golf program ‘Full Swing’| Dell Cameron / Wired: |
A declassified ODNI report from 2022: the US has amassed troves of “sensitive and intimate information” about Americans purchased from commercial data brokers — A newly declassified report from the Office of the Director of National Intelligence reveals the federal government is buying troves of data about Americans.| Avram Piltch / Tom's Hardware: |
Google's Search Generative Experience seems like an “AI plagiarism engine” that cobbles together snippets of text from a variety of sites, often word-for-word — The Search Generative Experience seems more like a text-copying experience. — Search has always been the Internet's most important utility.| Sam Kessler / CoinDesk: |
Uniswap Labs details Uniswap v4, the next version of the decentralized exchange, and invites feedback; Uniswap v3 launched in 2021 and has processed over $1T — The biggest decentralized crypto exchange is opening its development process to the public for the first time as the SEC cracks down on its centralized competitors.| Max Read / New York Times: |
How Jimmy Donaldson, aka MrBeast, became a viral sensation for his absurd acts of altruism and pitching subscribing as an act of charity, sometimes literally — Jimmy Donaldson, a.k.a. MrBeast, has become a viral sensation for his absurd acts of altruism. Why do so many people think he's evil?| Biz Carson / Bloomberg: |
In a first, Larry Ellison passes Bill Gates to become the world's fourth-richest person with a $129.8B net worth; ORCL has risen 42% in 2023 on the AI boom — The optimism around artificial intelligence boosted both Oracle Corp.'s stock — and founder Larry Ellison's net worth — to record highs on Monday.| Financial Times: |
A look at the global network of subsea internet cables, dominated by companies from France, the US, and Japan, as China circumvents US curbs to build its own — Nearly 1.4mn kilometres of metal-encased fibre criss-crosses the world's oceans, speeding internet traffic seamlessly around the globe.| Allison Johnson / The Verge: |
Nothing plans to release the Nothing Phone 2 on July 11, offering a Snapdragon 8 Plus Gen 1 chip and bigger battery, widely available in the US — We knew that the Nothing Phone 2 would arrive next month, and now we have a precise date: July 11th, a day shy of the Phone 1's first birthday.| Gavin Bonshor / AnandTech: |
AMD announces the Ryzen Pro 7000 for desktop and Ryzen Pro 7040 HS and 7040 U for mobile, adding an integrated Ryzen AI block on select models and Zen 4 cores — As is a constant whenever AMD launches their latest desktop and mobile processors, they typically deploy and release a professional … | Financial Times: |
Saudi Arabia's Savvy Games Group has spent ~$8B of its $38B war chest acquiring and building stakes in gaming companies globally in the past 18 months — Savvy shells out $8bn on deals in 18 months in rapid push to diversify revenues and acquire soft power| Ryan Browne / CNBC: |
AI video generation startup Synthesia raised a $90M Series C at a $1B valuation, led by Accel with Nvidia participating, and works with 35% of the Fortune 100 — - Artificial intelligence-based video generation platform Synthesia has raised $90 million from investors, the company told CNBC exclusively.| Tiyashi Datta / Reuters: |
Accenture plans to invest $3B over three years into its data and AI practice, aiming to have 80,000 staff working on AI, after laying off ~19,000 in March 2023 — Accenture said on Tuesday it will invest $3 billion over three years into its data and AI practice, doubling the number of employees … | Krystal Hu / Reuters: |
Sources: SoftBank plans a new round of Vision Fund layoffs, impacting up to 30% of the staff at the unit; Vision Fund had 349 staff at the end of March 2023 — SoftBank Group Corp (9984.T) is planning a fresh round of layoffs at its Vision Fund investment arm, two people familiar with the matter said … | Steve Dent / Engadget: |
Meta adds “world chat” to Horizon Worlds, offering a text-based way of communicating with anyone in the same world session, and promises strict moderation — Meta will automatically scan and remove messages that go against its code of conduct. — After introducing mini-games …
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| Financial Times: |
| Larry Dignan / Constellation Research: |
| Andrew Cunningham / Ars Technica: |
| Samuel Stolton / Bloomberg: |
| Shinhye Kang / Bloomberg: |
| Cecilia D'Anastasio / Bloomberg: |
| Dan Primack / Axios: |